APPLICATION Q&A SESSION

March 6, 2014

Introductions• Greenlights Team

• Tara Kirkland, Chief Programs & Services Officer• Steve Guengerich, Chief Innovation Officer• Kate Smallwood, Development & Membership Manager

• BuildASign.com Team• Chelsea Manning, Community Advocate

Who is in the room?

A Unique New Partnership• Greenlights & BuildASign.com have partnered to bring

you Philanthropitch 2014 (April 28)!• an opportunity to pitch for a piece of $100,000 in cash prizes• a gateway to the new Greenlights Innovation+ Accelerator program

• Designed to fuel growth through an infusion of financial and human capital

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Process Overview

What is the Accelerator?• A four-month blend of coaching, peer learning &

networking, and consulting

• Connects business and nonprofit experts with your leadership team to develop a business growth plan

• Coaching on how to use the “investor-ready plan” to solicit capital – both from Accelerator partners and the broader philanthropic community.

Who is eligible?• Are you a Central Texas-based 501(c)3 nonprofit?

• Do you seek to dramatically grow or replicate a program or service of your organization?

• Do you have a track record of program success and clearly established demand for the program?

• Have you completed an organization-wide strategic plan aligned with this plan to scale (w/in past three years)?

• Is your organization financially stable?

• Will you be able to participate fully in Accelerator activities? • 70-80 total hours of work by the nonprofit's senior leadership team during the

months of May-August • Commitment from senior leadership to participate

Selection Criteria• Focused on solving big community problems in areas of demonstrated

need

• A vision for growing/replicating a program/service

• Innovative solutions and/or business models

• Leadership and financial stability and strength

• Need for (and ability to effectively deploy) human and financial capital

• Evidence of current program/services success

• A home base and a set of existing programs/services in Central Texas

• Ability to participate in 4/16 Pitch Workshop and 4/28 Philanthropitch event

Pitch Practice & Philanthropitch• Semi-finalists selected to attend Pitch Workshop

• Event: April 16, 11:30am-1:30pm• Hosted and Sponsored by Capital Factory• Trainer: Joshua Baer, Executive Director of Capital Factory• Practice 2-3 minute pitch and receive feedback

• Finalists selected to pitch at Philanthropitch• Finalists notified by April 18• Event: April 28, 5:30-8:30pm at ZACH Theatre• Pitch for a piece of $100,000 in cash prizes and a chance to

participate in Accelerator program

Q1

•Competitively select high-potential candidate orgs

Q2-Q3

•Cohort intensive accelerator growth planning, mentoring, etc.

Q4

•Fund, support, mentor, launch, monitor, evaluate

30+ applicants~8 weeks

Accelerator Pilot 2014

4-5 participants12 weeks

Graduation/Pitch Event

1(+) selected “investees”2-5 years

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• Program Growth Plan consulting project• Greenlights professional staff time• Interim and final deliverable(s)

• Cash grant• Unrestricted, at program completion (graduation) - $3,000• “Scholarship” in appreciation and recognition of time commitment

• Automatically qualified for Investee residency application• Innovation+ human capital investment (MOU)• Additional financial capital to fund growth plan

• Additional services & products• Greenlights membership/discounts• Attendance to SVP Annual conference in Austin, October• More, in development

Accelerator Benefits

Applications reviewed and finalists chosen

Down-select at Philanthropitch for Accelerator cohort, April 28

April May June July August Sept

Cohort training #1: Launch, May 6/7

1x1 Mentoring

Program overview & “growth mindset,” value prop validation

Homework exercises (eg, lite diagnostic)

Cohort training #2: Building your plan, June 18/19

1x1 Mentoring

Plan design & development, adaptation of diagnostic

Homework exercises

Cohort training #3: Going to market, July 16/17

1x1 Mentoring

Plan validation & financial modeling, change mgmt

Homework exercises

Final cohort meeting: Pitch practice, August 20

1x1 Mentoring

GL consulting team debrief & plan fine-tuning

(Make-up)

Graduation / pitch day, September 8

Negotiation for multi-year Investee MOU

Time In-class: 8 hrs 8 hrs 8 hrs 8 hrs 3 hrs Out of class: 15 hrs 15 hrs 15 hrs 15 hrs 10 hrs

Calendar of Activities

Main objective: Ensure each participating organization’s program/service to be scaled is “investment ready.”

Upon completion, participants should:• Have a detailed growth plan for the program/service to be scaled

• Be able to articulate plan in a succinct, inspiring way for potential investors

• Understand the fundamentals of a sustainable business model for the organization in general, and the program in particular

• Have made personal and professional connections that will help grow and scale their ventures

What is Success?

Program deliverables: The assets that are granted or produced by participants during the program, including:

• Diagnostic (lite)• Detailed program/service growth plan

• PPT (for storytelling/pitching)• “Dehydrated” written plan

• Access to financial capital• $3,000 (all) and Partner Fund (1-2 investees)• Roadmap/introductions for funding

• Cohort of peers• Mentor/subject matter expert network

What is Success?

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March 31: Application Deadline

April 16: Pitch Workshop (semi-finalists)

April 28:

(finalists)

May 6: Accelerator Program Kickoff (participants)

September 8: Accelerator Graduation & Investee Selection Event

Save These Dates

Apply by March 31, 2014