Social Enterprise Alliance Summit - Social Enterprise Angels Forum


Summit Home Program Overview Schedule Pre-Conference Plenary Panels Sessions Speakers Tours Young Leaders Track Committee Members Press Kit Register Scholarships Volunteer Conference Hotel Travel Opening Showcase Awards Social Enterprise Angels Forum Dine Arounds Networking Social Enterprise Visit Program Conference Sponsors Sponsor Prospectus Micro-Sponsorships Scholarships Ad/Exhibit Connect with Summit Attendees Listen SEA Board Chair Jim Fruchterman describes social enterprise as the new face of business. "Very inspiring." J McGregor, Business in the Community NI "Awesome.. I walked away with useful information and something I could use." Dianna Moore, Central Missouri Community Action	Social Enterprise Angels Forum Sponsored by: Social Enterprise Angels is an exciting event to be featured at the Social Enterprise Summit 2010 + World Forum. Social Enterprise Angels is inspired by the CBC television series, The Dragon's Den, where aspiring entrepreneurs pitch their business idea to a panel of investors in hopes of securing funding for their venture. Social Enterprise Angels uses a similar model to demonstrate and promote the value of financial investment in social enterprise. The event will feature six social entrepreneurs, selected from among an open pool of applicants. These selected social entrepreneurs will have the opportunity to pitch their social enterprise to a panel of judges, or "Angels" in front of a live audience, in order to: pitch your organization/venture to real investors practice pitching & received valuable feedback to improve your pitch, business model be one of six featured venture ideas among 600+ peers at the conference possibly win the pitching contest and get featured on the SEA website during 2010. Two Angels Forums will be held during the Summit, resulting in two winning social enterprises. As a practice session for honing a pitch for capital in the real world, no funds will be provided with the Angel's Forum, though winners will receive prizes. The Angels will include experienced investors from the social enterprise sector, the private sector, and philanthropy. Applicant Criteria: This competition is open to start up and established social enterprises seeking investment to contribute to the start up and/or growth of their enterprises. Social enterprise in this context is broadly defined: "enterprises that are run like businesses, producing goods and services for the market economy, but they manage their operations and redirect their surpluses in pursuit of social goals". The goals of the enterprise could be environmental, employment, arts and culture, or to generate revenue for the parent organization. To qualify, enterprises must: Have a PPT document of your ‘pitch’ for capital Complete the Letter of Intent, and submit electronically by February 1, 2010. The six presenting organizations will receive a 50% discount on conference registration Application Process: 1. Letter of Intent - due February 1, 2010 All Letters of Intent will assessed by a Selection Committee in light of the following criteria: The scope / impact of the social enterprise The viability of the social enterprise The alignment of the organization's mission with the social enterprise The use of the investment to grow the social enterprise From the submitted Letters of Intent, the Social Enterprise Angels Selection Committee will select thirteen shortlisted applicants, and invite them to submit submit an expanded business description of no more than 10 pages (not including appendices). All applicants will be informed of their status by February 22, 2010. 2. Expanded Business Description - due March 15, 2010 For those selected to submit an expanded business description the plan must include: A feasibility study A marketing plan A business operations plan A financial plan An executive summary Business plans should be no more than 10 pages (not including appendices). This is a change from our previous requirement of 10-20 pages. They should be returned electronically and all in one document to info@se-alliance.org. The Selection Committee will review the business plans and select six finalists to present their social enterprises to a live audience and a panel of judges at the 2010 Social Enterprise Summit + World Forum. Those selected to participate in the event will be notified by March 29, 2010. 3. Social Enterprise Angels Event - held in San Francisco April 30, 2010 The six finalists will make their pitch at the Summit and compete for First/Second place vote, with non-monetary prizes, by the Forum judges (investors). The Forum provides pitchers a chance to hear what investors really think and to offer advice on your pitch. The investor judges will listen to each pitch, provide feedback, and choose a First and Second place winner.