2019 Hatch Impact Accelerator Program for Social Enterprise
Deadline: April 14, 2019.
Do you want to get better at generating income for your social enterprise? Would you like access to a peer support network to get good advice on how to grow your business? Do you think that you might be ‘too close to your business’ and need to take a step back, but never have enough time to do so? You are not alone! We promise.
Their community of exceptional social entrepreneurs can relate to the many challenges that growing a social business involves. Many have “been there” and have a wealth of knowledge and experience to share. This is why Hatch has decided to create our new and exciting peer accelerator programme, Hatch Impact. We will use this platform to facilitate learning experiences with successful social entrepreneurs (those who have come before), where they can share their wisdom, knowledge and network with those who need it next.
This acceleration programme is best suited to growing social enterprises between 2-5 years old, who have an annual turnover of approximately £100K, have 2-5 members of staff and are seeking to raise funds through crowdfunding and/or social investment in the next 18-24 months.
1. Peer-to-peer learning environment
The programme has been designed by and is delivered by social entrepreneurs
2. Pro-bono legal consulting
In partnership with Skadden LLP will provide pro-bono support to the participating social enterprises
3. Procurement prospects
In partnership with Peabody, social ventures have access to procurement and supply chain opportunities
4. Financial coaching
In partnership with UBS social ventures will get access to financial coaching and mentorship opportunities
5. Crowdfunding project
Working with Crowdfunder, ventures can create a movement whilst raising vital funds
Potential match funding available from Crowdfunder
6. Funding opportunities
Referral to access to the Reach Fund – an investment readiness grant fund of up to £15K that supports charities and social enterprises to build capacity and raise investment
Access to £3.9 million blended finance opportunities made available by Big Issue Invest