Fall 2010: CSEF sponsors SFU's YWIB's upcoming Project Give
"Coming Fall 2010, YWiB SFU presents a new platform for women who are passionate about social entrepreneurship, and who believe in their ability to make an impact on their communities.
We encourage students from across all faculties to apply for this exciting new program. Twelve applicants will be selected to form teams of 3 to 4 women, and each team will create their own social entrepreneurship project. Each team will have the freedom to choose a project that inspires and interests them, and will be encouraged to either creatively develop an idea for a new non-profit organization, or to seek out existing non-profit organizations to collaborate with on a new program idea to help raise funds. Teams will work with mentors and attend seminars throughout the year, which will provide knowledge, expertise, and guidance to participants. The program will culminate in a panel session, where each team will present their project to a panel of experts, who will then collaborate with one another before delivering feedback and advice to each team.
Participants will leave the program with new skills and understanding of social entrepreneurship used to create their projects, confidence and experience with presenting ideas to important executives, and valuable new relationships.
Each team will have developed a solid social entrepreneurship project, and will be encouraged to further pursue opportunities to put them into action. Along the way, teams will also greatly benefit from their interaction and mutual learning with social entrepreneurship experts in the form of mentors, seminar speakers, and panel members, as well as the other passionate, ambitious young women that they will be working with.
Objectives: -Connect participants with experienced mentors, respected organizations, and other passionate women
-Inspire women to focus on social change and improving the lives of others
-Build participants confidence and experience through the creation and presentation of their project
-Encourage, develop, and support ideas that can be put into action
mentorship relationship
YWiB will arrange mentors for each team, and do our best to match mentors and mentees according to each teams area of interest. Mentors will meet formally with the teams twice throughout the programs duration to provide experience, advice, and support with the teams project. They will also be available to provide guidance when needed. This is an opportunity for participants to build relationships with industry experts, and gain confidence in their projects and abilities.
benefits to program participants
-Opportunity to work with industry experts in the form of team mentors -Access to connections with well-established organizations looking for new ideas -Opportunity to learn and develop the skills needed to create a strong social entrepreneurship project plan -Group dynamic provided by enthusiastic, diverse team members -Experience and wisdom shared by seminar speakers, mentors, and panel members -Feedback and insight offered by panel members at the year-end event
Fall 2010 2nd Annual Social Entrepreneurship IDEAS Challenge
Awards: Finalists will receive $2000 CAD, Canada Wide Media Recognition, Access to specialized Mentorship & Investment pool and In Kind Sponsorship & Services (accounting, financial, organization structuring, revenue modelling, etc). [Next Competition November 2010]
Social Entrepreneurs IDEAS Challenge is the CSEF's Flagship Online Program.
Modelled after GSVC, MIT's IDEAS competitions, The SE IDEAS Challenge provides an opportunity for students, scientists, professionals to develop their creative ideas for projects that make a positive impact in the world. Participants will work to develop designs, plans, strategies, materials and mechanisms that benefit communities, locally, nationally or internationally.
Using cash awards from CSEF, as well as additional development grants, the teams can take an effective step toward resolving pressing individual and community challenges.
CSEF presents....Canadas 1st online Social Entrepreneurship IDEAS Challenge
The Canadian Social Entrepreneurship Foundation is a British Columbia not-for profit.
We aim to educate and inform about social entrepreneurship and champion and support social entrepreneurs across Canada.
CSEF will be accepting entrees to Canada's first online Social Entrepreneurship IDEAS Challenge
This competition judges ideas and business plans for social ventures that are either for-profit or non-profit.
The Competition awards prizes to the business plans that show the highest, most integrated financial and social returns, i.e. blended value.
o qualify for the Competition, a proposed venture must:
-The focus of submissions should on any of the following areas: cleantech, biotechnology, social justice, poverty, literacy, and the environment.
-Plan to be financially sustainable or profitable; whether it is a commercial business or a tax-exempt organization, it must be self-sufficient on its earned revenue.
-Be scalable. This criterion will be unique for each business plan. Scalability will take into account the potential for growth of the business (and how well both the financial and social goals can be scaled).
-Have a quantifiable social and/or environmental bottom line incorporated into its mission and practices.
-The proposed venture can be a new identity or a wholly owned subsidiary of an existing entity (either a for profit or non profit entity).
-A business plan can re-enter the competition year after year.
-Team size is not restricted.
How to Enter: Send your entry to SECIDEAS@CSEF.ca
Executive Summary Round 1
Submission Deadline:
Open: TBD
The following documents should be submitted electronically via email:
Executive Summary must not exceed 5 pages (typed and double-spaced, #12 font) of text, charts, and diagrams.
Result: 5 Submissions Advance
Example of an Executive Summary:
I. Business Overview
- Company description and business model
- Value proposition- financial
- Value proposition- social or environmental
- Vision
- Current status
II. The Market Opportunity (the problem, the pain)
- Why is this such a great idea? Describe the pain, define the problem
- Competitive analysis (analysis of the current competition and assessment of why the pain or problem is not being solved by them)
III. Market Solution
- Product(s) or service(s)
- How you will remove the pain, solve the problem
- Unfair competitive advantages, Ability to create barriers to entry
IV. The Market
- Identification of Customer(s)
- Industry analysis and forecast
V. Management Team
- Founders and key management
- Industry experience, Education
- Board of advisors
VI. Financial and Social Impact Summary
- Narrative overview of financial summary
- Outline overall financial model with basic projections
- Discuss assumptions and capital requirements
- Narrative overview of social / environmental impact summary
Final Round
Final B. Plan Deadline: TBD
Submission: Business Plan, Financial Model.
Result: Finalists ranked
Winners Announced: TBD