The Difference Incubator (TDi) is on the lookout for up to 40 social enterprises in Sydney, Melbourne and Brisbane to join its 2017 Two Feet program, a six-month accelerator that last year saw two graduates secure $470,000 from private investors, Anthill Online reports.
Two Feet is delivered by TDi’s team of hard-core business strategists and successful entrepreneurs, who help social enterprises workshop their business, clarify their social or environmental mission and ultimately attract impact investment.
TDi’s team and guest lecturers will cover business strategy, operations such as piloting and prototyping, marketing, finance, funding and structuring options, pitching to investors and measuring social and environmental outcomes, as well as one-on-one mentoring.
The 40 social enterprises selected for the 2017 Two Feet program will be split into four cohorts of ten – two in Melbourne, one in Sydney and one in Brisbane – for fortnightly sessions
TDi CEO Bessi Graham said she saw enormous potential in Australia’s social enterprises to change the world.
“By helping entrepreneurs attract private capital for public good, social enterprises can solve some of our most pressing social and environmental challenges while making a profit, and investors can help make an impact while diversifying their portfolio,” Ms Graham said.
“Two Feet is open to startups and entrepreneurs with an amazing idea, but also to growing enterprises and established businesses. The only criteria are that you must be deeply committed to making a significant social or environmental impact, and be ready to make that possible by becoming investable.”