Our charity incubation program is designed to teach you all the basics for starting a highly effective charity. For those who decide to start one of our incubated charities, there are many optional benefits after the program finishes. They aim to ease the transition into becoming a fully independent charity entrepreneur. Here are some of the benefits of starting an incubated charity:
Every incubated charity will receive a roughly $50,000 seed fund grant. The size of the grant may be bigger, depending on how much your charity needs, how many charities are started that year, and so on. This is designed to give each charity 3 to 6 months time in which they do not need to worry about funding. This will give you time to establish yourself, flesh-out your future plans, and hopefully even have some proof of concept before approaching funders.
Finding the right people to help fund your charity is a crucial step. To help with this, your charity will be invited to take part in our Charity Entrepreneurship Conference. This will be an opportunity for you to meet potential funders and give them a first-hand explanation of why your charity matters. Each charity will have a stall for funders, hires and mentors to visit and hear more about your charity. There will also be a chance to give a presentation about your new charity at the conference. The Charity Entrepreneurship team may also put you in contact with specific important funders outside of the fundraising conference or other contacts, such as industry experts, who could help your project.
We will provide both formal and informal mentorship opportunities to all our incubated charities. All our charities will be invited to join in on 3 weekly one-on-ones (over skype calls if the charity is founded in a different location). One will be with a member of our CE team who has started a charity before; another will be with one of our alumni charities, who have started their charity in the previous few years; and the final one will be with other charities started in the same incubation round as you (your classmates from the program). These calls are designed to help you gain insight and advice for the next step of making your charity successful. There will also be a Slack channel for you to share thoughts with the community and get in contact with specific people.
Starting a fully registered charity takes time. Often, the process of actually becoming a registered charity takes 6 to 8 months. For most charities, this means having to operate without official registration for a large part of their first year. However, our incubated charities will be put under the legal housing of The Charity Science Foundation of Canada for this time period. This is an umbrella organisation which multiple charities (including Charity Entrepreneurship) function under. This will mean that your charity can get started straight away. Though this legal incubation is only for whilst you wait for your registration to come through, it will mean that your charity is not hindered as other new charities are, and allows you to spend time acclimating to running a charity before it becomes a legally independent entity.
You will also be joining a community of charity-builders from which you can learn and benefit from. There will be a communal Slack to keep the community in touch, as well as meet-ups and other social events. If you stay at London after the incubation program, you will be invited to join our co-working office for your first year free of charge. The Charity Entrepreneurship team as well as other charity entrepreneurs will also be based there, and so you will be free to arrange meetings or just chat to any of our or their teams.
These are the benefits we expect to be able to provide, but they are not rights. You or your charity could be excluded from some or all of them based on its conduct.
Did you know that CharityEntrepreneurship can help you start
an effective charity for animals?
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