By Clotilde Angelucci TSiBA on 15 Mar 2018
The 4th Income Generation Programme for NPOs 2018 has kicked off!
Enterprises are connected to growth and prosperity of communities, by answering new needs with an array of creative solutions. Social entrepreneurs are however making waves by using the commercial model to facilitate the eradication of social issues in society such as unemployment, poverty, and other challenges that hinder community development.
As reported on the Deutsche Bank website, in Europe alone, one in four new start-ups is a social business. In such competitive landscape, survival is a challenge as Bloomberg (2013) finds that as many as 80% of start-ups do not survive beyond 18 months.
The hurdles faced by a social business are not far from the same challenges of commercial entrepreneurs and this is where business knowledge, skills and networking can generate long lasting, sustainable solutions;this is the premise that triggered Made for Good, Deutsche Bank’s global enterprise programme, Made for Good, to help these pioneers not only survive but flourish.
Made for Goods projects are flourishing in the UK , Italy, India, Germany, US and South Africa.
In our country, Deutsche Bank has partnered with TSiBA to design and deliver the Income Generation Programme to address achieving financial sustainability in a landscape characterised by competition for funds and scarce resources.
Leading Financial Sustainability designed by TSiBA
The nine-month modular Income Generation Programme, now in its fourth year, is designed to help selected non-profits achieve a more diversified revenue base, which would enable not only to decrease donor reliance and therefore financial uncertainty, but also fuel greater impact. More importantly, Income Generation empowers the leaders in transition and switching from the paradigm often found in NPOs, which sees doing goods the opposite of doing business. For the first time, in 2018 the Leading Financial Sustainability programme is running concurrently in Johannesburg and Cape Town.
The programme’s highly interactive 4 modules includes a combination of workshops and mini-lectures, facilitated syndicate group interaction, engagement with a business leader mentor and case clinics. Pre-course work and group work in between modules is also required.
The outcome of TSiBA Income Generation are manifold, including increased landscape insight, a tested toolkit, stakeholder leadership as well as a solid network of NPC leaders and mentors.
Watch how Shine Literacy, one of the 2015 NPOs selected for the 2015 Income Generation Program, generated successful solutions to achieve financial sustainability.
Contact us on firstname.lastname@example.org for more information on the programme.