Philadelphia Social Innovations Lab Funding for Start Up Companies Philadelphia Social Innovations Lab Funding for Start Up Companies

President & CEO Conservation Economics President Heritage Conservancy Manager Northwest Park

BOARDS Pennsylvania Department of Conservation & Natural Resources Temple Ambler Board of Visitors Lacawac Sanctuary Sustainable Business Network West Laurel Hill Cemetery and Funeral Home Delaware Valley College Presidents Advisory Council

IMPACT INVESTING TRIPLE BOTTOM LINE FINANCIAL ENVIRONMENTAL SOCIAL B LAB

IMPACT ASSESSMENT Governance Corp Accountability – Transparency – Governance Metrics Workers Compensation, Benefits, Training, Worker Ownership, Work Environment Community Community Practices – Donations – Supported Org. Environment LEED, Water/Energy use/conservation

FUNDING Personal & Credit Cards Friends & Family Angel Venture Capital Initial Public Offering (IPO)

WHAT WE LOOK FOR WHEN INVESTING Impact – Blend Mission & Money New Ideas/Products/Services Intellectual Property – Patents, Copy write, Trade Mark Regulations that impact business Other funding sources Skin in the game

WHAT WE LOOK FOR WHEN INVESTING Company Advisors Key staff Competitors Are you offering stock, debt, etc. Time to exit Exit strategy

WHAT WE LOOK FOR IN THE BUSINESS PLAN Burn Rate How will you scale Who are potential partners What is your differenator Culture Business Plan No J curves Pro forma – Budget/Balance Sheet How much money do you want/need How will you use the money Pre Money Value

WHAT WE LOOK FOR IN THE BUSINESS LEADER(S) Business Experience Experience in the business sector Willingness to listen and be coached Experience with failure Passion/Can do attitude Honesty

WHAT WE LOOK FOR IN THE BUSINESS LEADER(S) Values Focused Flexibility – Things will change Surround themselves with smart people Acknowledge Mistakes Creativity Don’t be defensive Know the obstacles

WHAT WE WANT AS AN INVESTOR Return of our investment Profit Seat on the Board/Observer Impact

WHAT WE BRING TO THE BUSINESS Money Experience Contacts Sources for additional investment Focus Stability Emotional support

OTHER FUNDING SOURCES FOR START UP COMPANIES Investors Circle – Philadelphia Patient Capital Collaborative Ben Franklin Technology Partners Robin Hood Ventures Delaware Crossing Investors Group Mid-Atlantic Angel Group Good Company Mayors Office of Sustainability Sustainable Business Network