The application deadline is Friday, January 25, 2019. You will be notified by Monday, February 4th if you have been selected by the panel for a spot on stage. You will be expected to attend a coaching session on the afternoon of Feb 19, 21, or 22. You must be available on one of those days with a completed draft of your presentation deck. A template for your presentation will be provided.
If you have any questions, please email Amanda Loewen at firstname.lastname@example.org.
Six social enterprises will have an opportunity to present on stage, share their story and ask for help from 130 community members. In addition, two of those social enterprises will be selected to receive a highly subsidized spot on Purppl’s Scale Up social enterprise acceleration program.
A social enterprise is an organization that sells goods or services to help achieve community, social, or environmental initiatives. It can be for-profit, not-for-profit, or a hybrid, but a majority of the profits must be directed to achieving social objectives. For-profit, non-profit, coop, and hybrid models are welcome and encouraged to apply.
Ideal application criteria and evaluation considerations:
Social Impact: Demonstrate measurable ways you create change, solutions, and outcomes for a clearly articulated community, social, or environmental issue. Demonstrate your local impact. Some measurable traction is essential - demonstrate how your product or service is already (or very close to it) making a measurable difference.
Sustainability: Demonstrate your ability to generate revenue (not grants and donations). Clearly articulate that you have resources, capacity and commitment to consistently deliver the solution. Improve sustainability compared to current status quo. Some measurable traction is essential - revenue, customers, parters, product / service built, etc.
Team: Ideas often fail because of poor leadership. Demonstrate strong team, relevant experience, and supportive advisors and/or partners. Also consider the team outside of your organization; demonstrate how you collaborate with others.
Innovation: Demonstrate how you address an old problem in a new (effective) way. Show how your solution works today, tomorrow, and in the future. Demonstrate the power of your innovation and demonstrate its scalable impact.
Presentation: Tell a clear story. Connect to the emotional side of your social issue as well as the rational side of a sustainable solution.
Selected social enterprises will have the opportunity to earn one of two subsidized spots in Purppl's six-month acceleration program. http://purppl.com/scale-up-social-program/. Valley First’s sponsorship of ChangeUP helps to significantly subsidize participation in the program and reduces the cost by about 85%. The two social enterprises selected at ChangeUP must be able to commit $250 / month for the six month program.
The acceleration program is for social entrepreneurs who need support to grow and scale sustainable business models to help solve tough community, social, and environmental challenges. This six month program provides lean startup tools, operational accountability, and ongoing strategic mentoring from experienced entrepreneurs. Each social enterprise will be paired with experienced social entrepreneurs-in-residence who meet with you bi-weekly for a period of six months. The program focuses on supporting challenges like business model analysis, impact model exploration, operational accountability, and revenue development.
Questions? Please connect with Amanda (email@example.com).
The application is meant to cover a comprehensive set of questions - we expect concise answers but please do give us enough detail to enable the committee to make educated decisions.