Learning Outcomes of the Lesson
After completion of this lesson, learners will:
- understand the concept and the typology of funding sources of social enterprises.
- be able to understand and differentiate the types of funding sources of social enterprises: government grants, social impact investments, and crowdfunding.
- know about the traditional funding sources (grant, loans, investments, crowdfunding platforms) and about other resources as social investments, social impact bonds, business competitions, accelerators and incubators.
- identify opportunities and react accordingly for funding social enterprises.
- be able to identify and analyze the most adequate financial source offered by the European Commission (as the European Social Fund Plus, ESF+; Programme for Employment and Social Innovation, EaSI) and national level (develop applications).
- be able to identify and react to the national, regional and local funding resources available for social enterprises (develop applications).
- be able to identify and analyze the key success factors for funding social enterprises (mitigating the challenges/risks and providing fesable solution).
- analyze and measure the social impact.
- analyze and provide feasible solution for measuring the impact of social enterprises by understanding 8 best practices for guiding this approach.
- evaluate case studies of funding social businesses.
- Learners will examine detailed case studies, gaining insights from successful funding of social business.
- apply knowledge to real-world scenarios.
- develop a practical approach of measuring the social impact by using the B Impact Assessment tool.
- be encouraged to apply for funding schema to finance a specific social challenge, considering a financing schema offered by the European Commission or other schema available at the national, regional, local level or private sources available.
