Bids invited for Social Projects Support Foundation programme.
The Social Projects Support Foundation (FPSP) has announced that it is accepting applications for its fourth acceleration programme. The programme includes practical training from leading business experts on strategic and operational planning, developing a marketing strategy, calculating key project metrics and social impact analysis. There are more than 30 hours of face-to-face training scheduled. To participate in the selection, entrepreneurs with socially-oriented business projects need to fill in the registration form on the FPSP website by January 20, 2019. Participation in the programme is free.
The project must have a social focus, including: education, health care, social services, culture, sports, ecology; it must tackle the issues of vulnerable people and people with disabilities. The project must have a business component for self-sufficiency and scalability. Projects must be at the implementation stage.
Projects with the following characteristics will be considered first:
- The project addresses a systemic problem within a community or solves problems for a large number of people
- The founder and/or team of the project include: people with disabilities, parents with many children, retirees, and (or) the project is a family business.
Participation in the accelerator will reveal bottlenecks and identify potential points of project growth, improve financial performance, refine the project with leading experts in the field of social entrepreneurship, expand the network of useful contacts and provide the opportunity to attract funding from the FSPP and its partners.
The results of the first selection stage will be announced on January 24, 2019. The acceleration programme will begin on February 4, 2019. About 100 project teams will be invited to Moscow for a four-day intensive induction in Moscow. The group will then be narrowed to 35 projects that will undergo a two-month acceleration. The best teams will be able to present their products to potential partners and investors in April 2019.