How to Get Your Socially Conscious Startup Funded: The ASE Way

Posted: September 20, 2010 in Industry News, Media, Partners, Social Entrepreneurs

First you gotta ask yourself, is my startup ready to be funded? REALLY ready. How’s your elevator pitch? Are all your docs in order? If a group of investors called TODAY and were gung ho about what you’re doing but just needed to see everything from your press kit to your executive summary, would you be able to deliver? If you answered no to any of the above, now is the perfect time to organize the troops so that when the time comes you’ll be ready to make things happen!

We came across an organization a while ago that was helping social entrepreneurs and nonprofits achieve this goal and have been following them ever since. Academies for Social Entrepreneurship is an organization that takes great ideas and early stage orgs and takes them to the next level. It’s easy to lose sight of the big picture in the midst of the daily grind of a new startup. ASE steps in and gives these small operations the guidance they need to get funded, get organized, and reach their full potential to make a huge impact. What an inspiring way to use ASE’s consulting skills!

If you’re a small nonprofit or social entrepreneurship startup you absolutely need to keep them on your radar. The information and experience their team possesses is incredible and with the constant events sponsored by Academies for Social Entrepreneurship it would be silly to not take them up on the free knowledge.

Some upcoming events to check out:

Social Enterprise Venture Competition Finals

September 22 @ USC (that’s this Wednesday!)

10 nonprofits are going toe to toe in a venture competition showing their business plans and innovative ideas in front of a panel of experienced investors. This is the FINAL round in which a winner will be selected and the best ideas will be put against each other. This is an incredible opportunity for those who have business plans, early startups or ideas that need a little fine tuning. See how the professional investors think and meet some of the people behind the next generation of inspiring nonprofits and startups. Check out the event here and you might just see some of the Roozt team there! The finals for this competition have been anticipated and talked about by everyone from Tech Coast Angels to many entrepreneurship programs in universities nationwide!

Social Innovation Fast Pitch RooztSocial Innovation Fast Pitch

Registration: Open Now
Event: October 21 @ USC

My building has an elevator that takes residents from their apartments to the parking garage. In that elevator alone I have found clients, designers, developers, and customers just by being social with people while we get from point A to point B. While the term “Elevator Pitch” doesn’t have to literally include an elevator ride, the skill of being able to condense the months or years of work you’ve put into your company into a 1-2 minute pitch is essential.

With the world as fast paced as it is today (and only speeding up), people don’t have time for a long explanation of what your company does. With a hard end time (aka an elevator ride or a panel with a stop watch), you’re forced to pick out the most essential and important points of what you do. This is exactly what the Social Innovation Fast Pitch helps you achieve asap. The events culminate into a final presentation with the winner taking home $20,ooo for the nonprofit or social venture they’re involved with. Check out the event here and definitely go to fine tune your elevator pitch!

Here’s some snipits from the 2009 Fast Pitch:

Check out both and get ready for the funding!

Cheers

ND

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