The world beyond start-up financing is complex, but we break it down with tips and advice to maximize the impact of your external funding (e.g., flexible capital, impact investing, RBF), and to effectively leverage your internal options (e.g., earned revenue, cost reduction, hybrid forms) to fuel your journey.
The lessons shared throughout this paper are most applicable for nonprofit or hybrid social enterprises that are developing their scaling strategy or are in the process of scaling their impact, as well as for the funders that aim to fund such enterprises. Though not the primary audience for this paper, for-profit social enterprises and earlier stage ventures not yet actively scaling can also glean valuable advice.
Cathy Clark, Kim Langsam, Ellen Martin, Erin Worsham