successful youth employment through social enterprise: a ... · $75,000 4.00% initial interest...

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© REDF 2017 REDF

Q2 Learning Topic:

Break-Even Analysis

Learning Guide 1:

Conduct a break-even analysis to inform pricing decisions

© REDF 2017 REDF

Learning Guide 2:

Understand your customers’ key purchasing criteria

© REDF 2017 REDF

Learning guide 3:

Common pricing strategies

Learning guide 4:

Price and product benchmarking

Webinar:

Pricing strategies for social enterprises

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REDFworkshop

The REDF Accelerator is a unique program that provides training, support, and community for a cohort of talented leaders running growth-stage, employment-focused social enterprises.

In addition to learning from REDF’s 20+ years of experience, fellows provide each other with experience-based solutions, peer mentorship, and invaluable encouragement.

This seven month program provides three, 3.5 day sessions

and peer touchpoints.

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Topics Covered:

• Marketing, messaging & communication

• Strategic planning & operations

• Financial planning

• Employee supports & workforce development

• Leadership skills & coaching others

Will Equip Participants with Tools to:

• Improve strategic thinking and planning skills

• Diagnose and overcome challenges by applying a “growth mindset” approach

• Learn how to better identify and test assumptions

• Pitch for funding more effectively

• Create a vision of impact to better align and execute on strategy

• Decrease feelings of isolation

• Expand local and national professional networks

What about Funding?

• Become eligible to apply for REDF’s strategic grant funding

• Strategic grants or recoverable funding typically range between $10,000 and $40,000

• Completion of accelerator does not guarantee funding from REDF

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ENTERPRISE• A “stand-alone” enterprise or exist as a

program that is part of a larger, parent agency.

• Revenue-generating between $25K -$1M per year. (If above/below this range, reach out before applying.)

• Employ at least 20 people.

• Pay wages that meet local minimum wage standards through a transitional jobs model.

• Located, and legally able to operate in the United States.

APPLICANT• Operating head of the enterprise and

have full decision-making authority over the business.

• Willing to provide key data to REDF during and after the conclusion of the accelerator program. (This includes completion of the Global Accelerator Learning Initiative annual survey.)

• REDFworkshop.org member.

https://www.galidata.org/

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Application open | June 11 - July 30

Accepted applicants notified | September

Session Schedule (tentative)Session 1: Chicago | Nov 6 - Nov 9

Session 2: LA | Feb 5 - Feb 8

Session 3: Nashville | April 23 - April 26

To receive email notification when application opens, email us at [email protected]

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© REDF 2017 REDF

Launched in 2017, REDF is now offering impact loans.

Impact lending leverages 20 years of venture philanthropy experience and deep knowledge of employment-focused social enterprises.

Loans will allow social enterprises to access a deeper pool of

capital and extend their impact.

Impact lending will help accelerate REDF’s employment

goals and complements grant making, early-stage

accelerator, and regional partnership development.

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© REDF 2017 REDF

Consumer

Goods

& Retail

Minimum 3 years of operations

Current or demonstrated path toward profitability

Positive sales growth

Strong management track record

Targ

ete

d In

du

str

ies

Elig

ibilit

y C

rite

ria

Alternative

Staffing

Cleaning,

Maintenance

& Recycling

Food

Services

Manufacturing

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Term

sO

pp

ort

un

itie

s

Loan size: $50,000 to $2,000,000.

Interest rates: Fixed or variable, depending on assessment of creditworthiness.

Fees: Up to 3% of the loan amount, depending on the size of the loan.

Term: Up to 5 years, depending on the business need.

Working Capital: to provide cash for day-to-day business expenses.

Growth Capital: to expand products, services or launch a marketing campaign.

Contract Fulfillment: to purchase inventory.

Equipment: to upgrade equipment so the business can operate efficiently.

Bridge: to unlock capital from other sources.

© REDF 2017 REDF

$100,000

5.125% unsecured term

loan due 2021

REDF sole lender

Loan proceeds to expand capacity in Philadelphia, open a

new location in Boston, and service more clients, including

a new contract with the University of Pennsylvania.

Wash Cycle’s expansion expected to result in hiring 150

new permanent employees (people facing barriers) over

the next four years at living wages.

$75,000

4.00% initial interest rate,

stepping up to 5.25%

due 2022

REDF sole lender

Loan proceeds to benefit catering and events business

growth, while training 100 transitional employees annually.

Loan complements KFG participation in REDF’s inaugural

regional San Diego Social Enterprise Accelerator.

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© REDF 2017 REDF23

The material in this presentation is

general information and is provided for

informational purposes. Data in this

presentation, including any financial

information, should not be considered as

advice or a recommendation to potential

investors in relation to purchasing or

selling securities or other financial

products or instruments. This presentation

may contain forward-looking statements.

While due care has been exercised in the

preparation of forecast information, actual

results may vary. Unless otherwise

indicated, the information contained in

this presentation is confidential.

successful youth employment through social enterprise: a ... · $75,000 4.00% initial interest...

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