leveraging silicon valley startup acumen to eradicate poverty
The Global Social Benefit Institute (GSBI®) is a hub for accelerating global, innovation-based entrepreneurship in service to humanity. The GSBI currently offers two capacity development programs to global social entrepreneurs, regardless of sector or business structure: the GSBI Accelerator, for more advanced social enterprises seeking to scale their business, and GSBI Online, for earlier stage ventures seeking basic business training. Both programs are designed for high engagement between entrepreneurs and program staff and mentors.
Impact to Date
The GSBI Accelerator prepares social enterprises for growing impact and securing capital investments. Over the course of 10 months, social entrepreneurs work alongside Silicon Valley mentors to complete online modules, which refine their business models and identify the growth opportunities. For 10 days in August, social entrepreneurs from around the world come to Santa Clara University during the in-residence. Content experts teach a customized curriculum to address a financing plan for scaling, organizational development, talent management, marketing strategy and execution, and operational excellence at scale. The in-residence culminates in a pitch to a room full of impact investors. The end goal is to prepare the social entrepreneur to be investment ready and prepare to scale their impact.
GSBI Online helps early-stage social enterprises formalize their business models through a 6 month capacity development program conducted online. The program helps early stage social entrepreneurs blueprint and validate their businesses through lessons focused on business strategy, operational planning, metrics, and financials. The end result in a refined business plan, an on-point elevator pitch, a solid annual operating plan, and creative marketing collateral.
The GSBI Network is a growing group of Jesuit universities and other mission-aligned institutions with the common goal of leveraging social enterprise for social benefit. Network partners share curriculum, methodology, best practices, and other resources for launching and operating social enterprise incubators and accelerators. Through semi-annual in-person meetings and ongoing online collaboration, members embark on joint research projects such as the recent issue of the Journal of Management for Global Sustainability dedicated to social entrepreneurship.