Social Business Model and Impact Creation

Program Days:

Live Online

May 29, 31, June 2, 5, 7, 9, 12, 14, 2023
8:30 AM to 12:00 PM

Face-to-Face On-campus

June 16, 2023
8:30 AM to 5:00 PM
(GMT+08) on all dates

PROGRAM FEE
PHP 40,990.00 or USD 745.00*
*The prevailing exchange rate at the date of payment may apply

Let us know if you are interested to avail of early bird/group discount or discuss payment terms.

Program Overview

In this module we will initially examine the use of prototypes to put your solution to the test, think about what it takes to put a solution into action, and look at actual examples of prototyping and testing in diverse fields. Participants will be able to consider the challenges they face in the social sector, manage the risk the that comes along with it.

Business Model is a useful guide in the process of creating your business plan. In this module, we will develop the social enterprise opportunities you have identified in the previous modules. Specifically, you will learn to develop your business model using
two tools the business model canvas and social business model canvas. The building blocks of business model canvas will be the foundation in understanding the different aspects of the feasibility, desirability, and viability of your social enterprise.

Additionally, you will be able to evaluate various organizational structures and decide which one is best for your created business model. You will be able to assess various social impact investment strategies by the end of the module and select the best
funding plan for your social enterprise.

This course covers the fundamentals of impact investing as well as developing a business strategy to drive social impact. You’ll learn how to become a leader who cultivates purpose and inspires change, how to measure societal impact using evidence-based models, and how to invest in ventures effectively and meaningfully.

By the end of this course, you will have a thorough understanding of the realities of leading a purpose-driven organization, as well as the ability to develop successful strategies that affect positive change in the world.

Program Objectives

This course will enable participants to gain a comprehensive understanding of the different basic building blocks of a business model and apply it in creating a social business model for their enterprise. Developing your business models give you also awareness of the risk that comes with creating a business and manage it.

Furthermore, it will enable participant to learn the importance of prototyping and testing solutions. Specifically, you will learn
• Understand the importance of design prototype of their product and testing it with their target users.
• Application of the social business model canvas to their enterprise.
• Create a risk management plan and apply the six-step process of project risk plan.

The participants will also learn to examine impact measurement, including the distinction between outcomes and impact, as well as an overview of evaluation approaches.
• Learning the different approaches to social impact assessment
• Use the Theory of Change Model in creating impact measurement and outcomes for their enterprise

What You Will Learn

DAY 1: Social Innovation Prototyping and Testing

Conducting experiments with our user is crucial in learning if the product or service we are designed address the needs of the users. Designing these prototype gives you the opportunity to test your assumption and design products and services that relevant and beneficial to your target users.

Day 2: Risk Management

By the end of the course, participants will be able to create a risk management plan and apply the six-step process for project risk planning

DAY 3: Business Model and Business Model Canvas
The Business Model Canvas, a helpful tool that can direct you through the business plan process, will be covered in this module.
You will be able to classify the Canvas’s components and begin using them to build your business model.

DAY 4: Social Business Model Canvas
A tool for building a strong business model for your social venture, the social business model canvas is a collaborative tool that enables you to discuss various business models with your stakeholders.

Day 5: Prototype presentation
Prototype presentation is important stage in the design thinking and designing your business model. On this day, participants will show a low-resolution prototype and get feedback from the other team to improve their design.

DAY 6: Overview of Impact Assessment
The focus will be on understanding the outcome of your social enterprise and the impact it creates.

DAY 7: Theory of Change
Familiarize yourself with TOC and develop your own Theory of Change.

DAY 8: Storytelling and Pitching
Importance of storytelling to engage those who you are pitching to and designing an effective pitch deck. This will culminate on a demo day at the end of the week.

Day 9: Social Enterprise Plan Presentation

Day 10: Mentoring

Key Benefits

Well-Structured Program and World-Class Faculty 

The online program offers a venue for high-impact learning with real-time, experiential, and interactive online sessions. Participants will learn from AIM’s world-class faculty and its network of industry leaders and practitioners. Main faculty is an active practitioner and mover in the social innovation and entrepreneurship ecosystem in Asia.

Develop a deep understanding of capacity building of community stakeholder and partners of Social Entrepreneur 

Social Entrepreneurs create unique enterprises that not only focus in creating profits but also ensure that they are creating impact with their partner communities. This entails knowledge in community development and stakeholder management. In this course, they will be equipped with various skills and tools for stakeholder management, capacity building, and impact measurement.

Develop a better social and environmental entrepreneurial sense and perspective

Participants will achieve a business perspective that has social and environmental impact as part of their business model making them better entrepreneurial and community leaders. They will also learn how to capitalize the business model to identify and create revenue streams and at the same time realize the benefits for their community partners.

 

Who Should Attend

The program is also highly recommended for:

Individuals and young professional who want to start a social enterprise or impact driven project for a community. It also for those who want to enrich their entrepreneurial skills to not just create profit but also impact.

Entrepreneurs who want to gain valuable knowledge and understanding on social entrepreneurship and creating social and environmental impact through their business venture.