Business Models for Social Enterprise
Source – Acumen Academy
Acumen Academy, in collaboration with the Miller Center for Social Entrepreneurship, has introduced a course titled ‘Business Models for Social Enterprise.’ This program is designed for social entrepreneurs seeking to delve into diverse business models, aiming to comprehend the intricacies of crafting an enterprise that emphasizes social impact while ensuring financial sustainability.
What’s in it for you?
Value Mapping: Learn to articulate and map out the value your social enterprise generates, captures, and delivers.
Business Model Development: Develop a robust business model that not only drives financial sustainability but also maximizes social impact.
Hypothesis Creation and Testing: Gain skills in creating and testing hypotheses related to target market size, cost structure, revenue streams, and value chain partnerships.
Revenue Engine Exploration: Explore and uncover effective revenue engines tailored to empower businesses serving customers in bottom-of-the-pyramid markets.
Throughout the course, participants will explore various business models, applying the acquired knowledge to design an enterprise that successfully places products or services into the hands of customers. The ultimate goal is to create a business model that generates both financial value and meaningful social impact, using a real-life social enterprise or one’s own innovative idea.
Know more here.