Global Social Benefit Incubator Program: An opportunity for organizations to receive training in developing business plans and increase outreach

The Global Social Benefit Incubator (GSBI) Program 2011 developed by Santa Clara University’s Center for Science, Technology, and Society provides an opportunity to social benefit entrepreneurs in developing business plans for their organizations, including selecting them for a full scholarship valued at US $25,000. The business plans enable organizations to reach increasing number of beneficiaries.

The GSBI consists of three major components:

• An on-line, mentored, application process hosted on Social Edge and based on three business planning exercises designed to benefit all who participate. In the applicants define their organizations value proposition, target market (beneficiaries), and “social business” model (key income and expense drivers).