Deadline: 16-Jan-22
Applications for the 2022 and 2023 Incubation Programs are now open.
Each year, Charity Entrepreneurship dedicates hundreds of research hours to identifying the most effective charity ideas. Then they recruit aspiring entrepreneurs and, through their two-month Incubation Program, provide them with the training and funding to turn these ideas into high-impact organizations.
This is a part of our “What it really takes to found a high-impact charity” keynote talk Joey Savoie gave at EA Global: London 2021! Watch the whole talk.
Goals
You can apply with one of two goals:
- To start one of the top charity ideas (highly encouraged).
- To develop and launch your own nonprofit idea, if it looks as, or even more, promising.
About 6 weeks before the program starts, they will invite you to start reading some theory and discuss what you’ve learned at weekly 1-hour virtual meetups. This will ease you into the material, and it presents a fun way to meet your fellow participants in a relaxed and interesting setting.
Program details
- Prepare for the program
- If yo u’re accepted, they will provide background reading and host casual weekly meetups beginning 1-2 months before kickoff. That way, you can learn the theory at your own pace and start to meet your fellow budding founders.
- Two Months Intensive Training
- Our training is divided into two stages:
- Month 1 is all about matching with a co-founder and a charity idea. You will spend most of your time working with project partners on practical challenges. Explore different working styles and test compatibility, values, and epistemics. Deeply engage in a variety of real-world tasks and charity ideas.
- Month 2 is about working with your new partner to build your charity: early pilots, monitoring and evaluation strategy, and even your brand. Together, you will craft and submit a real proposal for funding and get ready to launch. T hey don’t just teach you about starting a charity, they make sure you have the tools and confidence to actually do it.
- Stipe nds are provided to those in need, and transportation costs are covered for those who can travel for the week in person
- Our training is divided into two stages:
- Charity Selection
- The Board of Directors and network of funders evaluate the teams and their project proposals. Then, they award seed funding to launch successful projects, with grants ranging from $ 50,000 to $ 175,000. In 2021, new CE charities received seed funding of over $ 500,000 in total.
- Ongoing support
- After launching, you will continue to receive ongoing operational support, one-on-one mentorship, an d access to a powerful worldwide network of experts, funders, and skilled employees. T hey continue to evaluate your measurable impact over time, coaching you and championing your success.
Benefits
- Get access to CE’s 400-page Handbook on starting a charity and over 100 video lectures prepared by experienced founders. Master the fundamental principles of managing high-impact organizations, including:
- Cost-effectiveness Analysis
- Monitoring and Evaluation
- Fundraising and Operations
- Strategic Decision-making
- Work 8 hours a day developing relevant skills in real-world partner projects
- Is your charity cost-effective? Prepare a Cost-effectiveness Analysis (CEA)
- Where do you operate? Draft a Geographic Assessment Framework
- How do you begin implementation? Outline a One-year Plan
- What is your impact? Prepare a Monitoring & Evaluation Plan
- How much funding do you need? Draft a Budget
- How do you best fundraise? Prioritize potential funders
- How do you work with your co-founder? Come up with a Founders’ Agreement to facilitate your collaboration
- And many more
- Receive extensive group and individual feedback, ready-made templates (eg, sample budgets, one-year plans), and one-on-one discussions about your progress.
- Learn from the best:
- Hear from experts who have excelled in the nonprofit world as they share their perspectives on entrepreneurship, give advice, and provide valuable feedback.
- Participate in a streamlined co-founder and charity idea selection process by:
- Providing weekly feedback on your project partners and preferred ideas
- Meeting with senior staff members for 1: 1 mentoring
- Enjoying individual social calls with all potential co-founders
- Having constant access to a highly-qualified research team
- Joining a network of previous founders that are happy to share experience and advice
- Get final pairing advice from senior staff members to help you find the best fit.
- Graduate from the program with:
- A co-founder
- A high-quality charity idea and plan for implementation
- A robust funding proposal
- A seed grant (not guaranteed for everyone, but on average, at least 50% of co-founder pairings receive funding).
- And the confidence, network, and commitment to launch.
Eligibility Criteria: Applications can be made from any country.
For more information, visit https://www.charityentrepreneurship.com/incubation-program