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Incubation Program: Seed Funding ($20,000 and $100,000) for New and High-Impact Charities

Deadline: 15-Apr-21

The Charity Entrepreneurship is currently seeking applications for the 2021 Incubation Program. The two-month, cost-covered online course will take you from a basic familiarity with starting charities to being fully prepared to create and operate an effective organization. Management, fundraising, impact analysis: everything you need to know, taught by mentors with experience establishing multiple EA charities – including a GiveWell top charity.

The next two-month Incubation Program will run from 28 June to 27 August 2021. The program will run online, so you can participate fully remotely. Depending on the Covid situation, they may also organize part of the course offline for those who are able to travel to London.

Their Incubation Program generally requires full-time commitment from 28 June to 27 August 2021 (stipends are provided to those in need). This year they are also incorporating a preparation stage into the program so you can hit the ground running over the summer.

Why you should start a new charity?

  • $215,000 to Charities
    • Achieve an impact equivalent to about $200K/year in donations to effective charities.
  • Highly recommended
    • Pursue a career that is highly encouraged by GiveWell and supported by the Open Philanthropy Project.
  • Better Interventions
    • Move resources toward more cost-effective, evidence-based interventions.
  • Capacity Building
    • Increase your future impact by gaining entrepreneurial experience directly from CE’s mentors.

How Incubation Program Works

  • Thoroughly Researched Ideas
    Each year their research team spends thousands of hours researching potential charity ideas, building on large bodies of research by external organizations. Only the best interventions make it onto their list of top charity ideas.
  • Incubation Program
    They choose participants with the greatest potential to start new, effective charities from their list. They provide them with two months of intensive training (including partner projects, evaluations, creating a funding proposal). The Incubation Program requires a full-time commitment; stipends will be provided to those in need.
  • Launch!
    Co-founders create funding proposals that are evaluated by CE’s board of directors and a network of funders. Successful teams are awarded seed funding, with grants ranging from $20,000 to $100,000. (In 2020, half of the participants received seed funding from CE. The remaining half raised funds outside CE, received job offers within the CE network, or pursued other high-impact careers.) CE also provides the teams with operational support in handling legal hurdles during the first year.
  • Post-Launch Mentorship
    Taking part in the Incubation Program means tapping into a powerful worldwide network of mentors, funders, and skilled workers. CE also provides you with weekly one-on-one mentorship calls (up to 12 months after founding) and co-working space (if pandemic restrictions allow).

What will you learn?

  • Master the fundamental principles of managing high-impact organizations, including:
    • Cost Effectiveness Analysis
    • Measurement and Evaluation
    • Fundraising
    • Strategic Decision Making
  • Learn more relevant skills such as:
    • Financial planning, charity registration, forming aboard
    • Hiring, firing, how to deal with conflict, basics of self-care
    • Communications: giving feedback, pitching ideas, public speaking, and more.

Finish the Program with

  • Co- Founder: They’ll help you find a perfect match to work with based on partner-projects and multiple evaluations.
  • Plan & Budget: You’ll prepare a budget and a strategic plan to kickstart your charity right after the program.
  • Branding: You’ll create a simple website and logo and record a high-quality video — all you need to promote your organization.

Eligibility Criteria

Applicants from any country are eligible for this program.

If you still have any questions regarding this program, please read the Frequently Asked Questions (FAQs) section.

For more information, visit https://www.charityentrepreneurship.com/apply-now.html