Interactive resources for incubators and accelerators
Interactive resources for incubators and accelerators
Interactive resources for incubators and accelerators

Financial Sustainability

A lot of companies expect to get funding only from a single donor source. But what do you do if that source stops the cash inflow?

 

This section aims to support you on the path to long term financial sustainability. It provides some foundational knowledge designed to provide foundation knowledge with specific support and advice to fit your specific context. It should help you get to a clear plan for the upcoming fiscal year and beyond, with specific progress and milestones made.

  • PURPOSE

    Learn the different methods and tools that exist to help your organisation thrive instead of just survive on a recurring, annual basis

  • OUTCOMES

    • Understand the different sources from which you can receive funding
    • Understand the pros and cons of corporate innovation
    • Understand the difference between corporate innovation and sponsorship
    • Understand where to find sponsors and how to secure them
    • Understand how your own financial sustainability links to that of your cohorts

  • Content Contributed By

     

    Spring exists to change the world through entrepreneurship. A certified B Corporation, Spring supports entrepreneurs who are using business as a force for good through incubation, acceleration, leaders roundtables, funding training, workshops, and ecosystem development advisory services. Headquartered in Vancouver, Canada, Spring supports entrepreneurs via City Partners in over 10 countries around the world. Spring has supported more than 700 entrepreneurs to launch more than 300 businesses in less than five years.

     

    spring.is

     

     

    The Difference Incubator’s (TDi) mission is to awaken the possibility of doing good and making money by returning to the roots of business. They work across Australia and the Pacific with entrepreneurs and businesses to create sustainable business models that create measurable impact. Since 2014 they have accelerated over 400 businesses, from early-stage entrepreneurs shaping their idea to those growing and seeking investment. TDi combine their significant experience in entrepreneurship, finance and investment, innovation, design, development and measurement with a flexible and relational approach that builds capacity and sustainable results.

     

    tdi.org.au

Next:

Financially Sustainable Business Models

Options for structuring your business so that is financially sustainable