Social Entrepreneurship · Non-profit

Where are the Non-profit Social Ideas Accelerator/Ventures/Angel Investors ?

Anonymous

September 15th, 2015

Hello, 

I have a not for profit platform idea which gonna help lots of people to save their lives, I am currently in the phase of building MVP and I am looking for angels, accelerators and Pro Bono platforms who would like to help me materialize my idea and reach global audience.


Thanks 

Shihab

Noelle Baquiche Marketing & Communications Manager

September 15th, 2015

I work in the angel investing / including social impact finance space. Would be good to discuss, understand more and explore the ways in which this could get funding.

Anonymous

September 15th, 2015

I cannot access your linkedin, Please connect with me. 

Jessica Alter Entrepreneur & Advisor

September 15th, 2015

Fast forward and then most others will accept non profits Sent from my iPhone

Peter Johnston Businesses are composed of pixels, bytes & atoms. All 3 change constantly. I make that change +ve.

September 16th, 2015

I'd be keen to know the UK answer to the same question. I run Developer Startups based in Hatch Oxford - a joint venture between Barclays and 3Space which provides space for social enterprises.

I'd be keen to act as a Hub for ventures looking to find and fund social enterprise startups and for social startups and technologists seeking help, advice and funding.

Queen Mary

September 16th, 2015

I am running into the same types of problems. I developed a revolutionary new personal mobility device that makes wheelchairs totally obsolete. I am trying to bring it to market in an open source share alike marketplace and am having a great deal of difficulty getting any traction. It of course does not help that I am having problems becoming an entrepreneur on this site. It seems my husband is not a good enough reference! Would any of you take a look at my profile and see if you can help me out.

Mary Heacock, www.theQueensCo.com

Paul Lamb Nonprofit Consultant & Social Entrepreneur

September 16th, 2015

Not as many individual investors or investment firms as one would like but plenty of startup support activity in the nonprofit space. 

see www.redf.org and http://www.pointsoflight.org/civic-incubator/civic-accelerator as one more established program. 

More in the the nonprofit tech startup space are https://www.ffwd.org/programs/accelerator/ and Y combinator (just recently started with nonprofits)

There are also more and more startup pitch competitions around these days, which often include $ prizes, like http://www.socentchallenge.org/application-information.html

Anonymous

September 16th, 2015

Thanks a lot Paul for the help. I just found another thing today Non Profits and Social Enterprises Should look for donations rather investments cause here Money isn't made overnight and most of the Angels in for profit region want to know what are you gonna make in next 6 months.

Steven Rubenstein

September 17th, 2015

Seattle is a great city for socially-oriented investing. We just had the quarter finals for Fast Pitch, an angel investment competition for socially-oriented non-profits and for-profit companies. It is organized by Social Venture Partners, which is an angel group that invests in socially-oriented companies and has chapters across the US and around the world.

www.socialventurepartners.org

You can also look at the Impact Hub, which is a co-working space for socially-oriented entrepreneurs. They often have networking events there that attract angel investors.

www.impacthub.net

And finally, Fledge is an accelerator in Seattle for socially-oriented companies. They have the standard on-site version, which often attracts companies from outside Seattle, as well as a licensed model used by other accelerators around the world, which can be done online.

www.fledge.co

Karl Schulmeisters Founder ExStreamVR

September 17th, 2015

There is a difference between

  • "socially oriented investing"
  • Not for Profit Startups
  • Social Enterprises

Basically you won't find Angels or VCs doing Not For Profit startups.  Because by definition, an Angel or VC wants profit.  Furthermore NFPs in the USA cannot be controlled by anything but an independent board.

Now if you want to do a social venture startup - you still have to have a solid VC based businessplan.   A "share alike" approach isn't going to get many folks interested.  In these areas you really are looking for Patrons  so something like Patrone.com might be an option


Anonymous

September 17th, 2015

Hi Karl and Steven, Thanks a lot for your responses. My idea will not generate any revenue until platform established successfully, I mean it became widespread. But It will definitely help peoples live in a non-profit way but during investment period and building period i.e 1 year at least it will not generate any revenue but will require some money to invest during this period and the way I have been planing, it will surely have auxiliary ways of making money by then. 

What are your suggestion on that?