We all know that – in this era of depleted investment stocks and tightened belt buckles – donor funds are becoming increasingly scarce. We’re also all aware of the ever-present need for ‘sustainability’ and the importance of reducing risks of over reliance on donations. This is why many traditional NGOs look at ways of generating their own revenues. Methods vary, as does the scale: ranging from small scale products for local vendors, to establishing full blown differentiated operations.
But what does it really take to start income generating activities whilst managing the challenges of a social mission? What are the challenges, risks and success factors for substainable impact? What about legal, financial and management structures? How to manage transition from NGO to Social Enterprise?
// ▲ //
In this brief introduction to the potential benefits, challenges and changes needed for your NGO when considering the development of income generating activities, we will introduce basic themes of changes in stakeholder language and organisation structure, the importance of market research, taxation, legal and HR issues and the key areas for success and failure.
Thanks to years of experience of working with NGOs, social enterprises and transitioned organisations in Cambodia, the Impact Hub team have taken learnings from a wide range of organisations across the sector to develop a unique insight into this important topic for sustainable impact.
// ▲ //
Find out what it takes to set-up a social enterprise under an NGO with Aimee Veuve, director of Consultancy at Impact Hub PP, director of Aziza’s Place and Aziza’s Coffee. Aimee will speak about the good, the bad and the ugly of managing Aziza’s Coffee and operating in Cambodia.
Her talk will be based on materials developed by Impact Hub, following a number of years of experience and research on the topic.
Her talk will be based on materials developed by Impact Hub, following a number of years of experience and research on the topic.
Price:
Free for Hubbers
$5 for Non-members*
*A follow-up Biz Clinic session can be set up in October (30 min session) with Aimee. If you took part in the first session, you will get a 50% discount. It will cost you $5, instead of $10.
We want people to really think about their social business ideas and come back to discuss it with us further.
Impact Hub is able to provide additionnal support for NGOs looking to start income generating activities. For more information, join us during this first introduction.
About the speaker: Aimee Veuve
About Impact Hub Phnom Penh - Consultancy For Social Good
Starting a business with impact or developing income generating activities is never easy. Thanks to our Impact Consultancy services you will have the support of our experienced consultants to take you through the process. Our Impact Consultants have the experience, local knowledge and network to provide you with the advice you need to navigate the complexities and achieve positive results.
Register here