Equity for Social Businesses
Learn the essentials of equity fundraising for social businesses with insider tips, term sheet templates and guidance for both entrepreneurs and investors.
In a nutshell
Free tip: Read Venture Deals from Brad Feld and Jason Mendelson if you want a practical guide on how commercial venture capital works in practice (non-impact-focused).
Learning goals
- Articulate key equity investment terms and identify concrete ways to tailor them
- Recognise convertible note terms and their distinct advantages for impact ventures
- Identify practical ways to integrate Impact-Links in equity terms
- Get insiders’ perspectives from leading social entrepreneurs and impact investors
- Appreciate the key steps and success factors for managing a responsible exits
Course modules
Module 1: Equity tailored to impact ventures
- • Video 1: Equity Defined
- • Video 2: Advantages and Disadvantages of Equity Financing
- • Video 3: Valuation Methods (Optional)
- • Video 4: Valuation of Impact Ventures
- • Video 5: Equity Term Sheets for Impact Ventures
- • Video 6: End Games for Impact Ventures
- • Video 7: Responsible exits
- • Video 8: Key Takeaways
- • Practitioner Insights: Sea Rangers Services experience
- • Exercises
- • Additional Resources: Term-Sheet Templates, What's your End Game? (SSIR), Purpose, Want purpose-driven businesses? (Rethink ownership), Responsible Exits (GIIN), Financial Model (Social Investment Toolkit, Mark Cheng), Redeemable equity Investor
- • Glossary
Module 2: Craft Convertible Notes for Impact Ventures
- • Video 1: Convertibles: Great Workarounds
- • Video 2: Do's and Don’ts of Convertibles
- • Video 3: The Case of AckerPause
- • Video 4: Key Takeaways
- • Practitioner Insights: Sea Rangers Services experience
- • Exercises
- • Additional Readings: Primer on Convertible Debt (Peter Werner), We want offices to have more vegetable patches than soccer tables (FASE)
Module 3: Integrate an Impact Link in the Equity Game
- • Video 1: Tailoring Equity to Impact
- • Video 2: Embed Impact in Equity Investments
- • Video 3: Nudging with Social Impact Incentives
- • Video 4: The Case of Clinicas del Azucar
- • Video 5: Key Takeaways
- • Practitioners Insights: Elea Foundation, Roots of Impact and Aqua for All.
- • Exercises
- • Additional Resources: SIINCs, Pushing the Water Boundaries: How Social Impact Incentives Can Make WASH Enterprises More Innovative, Impactful, and Catalytic (Next billion) A review of impact-linked finance: Does incentivising impact work (Investing for good), Innovative Finance Toolkit.
Together with leading experts
Earn a valuable certification
Upon successfully completing the course and passing the exam, you will receive a Certificate of Completion delivered by Efiko Academy and FASE.
Choose the delivery that works best for you
Autonomous learning
Start learning about how to leverage and structure equity financing instruments to fund social businesses. Access bite-sized videos, practical exercises, insightful readings and real case studies. Learn at your own pace, by fitting learning into your busy working schedule.
Impact Investment Structuring Skill Track
This course is part of the hybrid impact investment structuring skill track that covers the missing middle challenge, mezzanine financing and hybrid investment structure alongside equity financing.
No problem, you can mark your preferred payment option in the check-out phase
Apply for financial aid on the basis of your need and merit
Any questions?
Contact Timothy
Contact Timothy
Frequently Asked Questions
Can't find the answer to your question? Contact us on support@efiko.academy.
This course should be accessible for anyone that has basic enterprise financial knowledge. It will cover essentials and discuss more advanced topics. Should you feel lost at any point, don’t hesitate to contact us at support@efiko.academy or ask any questions you may have to other learners on the Efiko Community platform.
This course will be relevant for you if you are an entrepreneur or CFO eager to learn how to raise innovative equity financing, a grant officer or manager working at a philanthropic institution, an investment analyst & manager working at an impact-driven fund, a sustainable finance consultant or coach.
In all packages, you’re invited to join the community platform where you can ask your burning questions.
If you’re enrolled in the blended learning option, you will be invited to attend one live case solving session with the lead trainers and a group of peers where you will also have the opportunity to ask questions.
In other cases, support@efiko.academy is always open for questions.
For now, the course is only available in English including subtitles.
We provide three secure payment options:
– Credit card (Mastercard, VISA)
– Debit (PayPal)
– Bank transfer
Credit card and PayPal payments are possible by enrolling through the website.
If you wish to make a bank transfer payment, please contact support@efiko.academy.
Every transaction on Efiko is performed and secured by Stripe, a reliable payment processor.
Yes, you can secure several tickets for a course by contacting us at support@efiko.academy.
Yes, Stripe processes payments in 130+ currencies. PayPal also allows you to convert money to a different currency.
Yes, we can provide an invoice or proof of purchase so you can get reimbursed by your employer or company. Simply reach out to us at support@efiko.academy stating the course name and package you’d like to take and for how many people.
Yes, we do offer reimbursement on the course in case you’re not satisfied with it. The reimbursement applies following these conditions:
a) Up to 15 calendar days after you enrolled to the course
b) The guarantee applies up until you consume 20% of the course content;
Contact support@efiko.academy to ask for a reimbursement. We will review your request and in case your demand complies with the above conditions we will transfer the amount you paid, minus transaction costs.
