COLUMBUS, Ohio, 29 February 2016—The Center for Social Enterprise Development (CSED) has announced that it will present SEA Change, a three-month intensive social enterprise accelerator program. The deadline to submit applications online
is March 18, 2016.
SEA Change is a blended learning program that combines a 12-week online curriculum on enterprise development with weekly hands-on technical assistance from entrepreneurial support leaders and experts from Northeast and Central Ohio. The blended learning model was developed in Providence, Rhode Island, by Social Enterprise Greenhouse in collaboration with Brown University.
“As Central Ohio’s hub for social entrepreneurs, CSED facilitates a variety of learning and mentorship opportunities,” said Allen Proctor, CSED President and CEO. “SEA Change is an additional resource for new social entrepreneurs seeking intensive learning prior to launching their ventures. It is a natural complement to the eight-month SE Catalyst immersion program we are presenting for local nonprofits.”
The accelerator will begin in May and run through July. Following the conclusion of the 12-week process, SEA Change participants will experience a series of pitch practice sessions before making their final pitch to a group of investors, partners, mentors and clients at a pitch event.
“We are excited about bringing the SEA Change program to Columbus. It is our hope that participating organizations will learn how to generate social impact, while sustaining smart business operations,” said Bill Leamon, Managing Director, The Business of Good Foundation, a SEA Change founding philanthropic partner.
At the end of the SEA Change program, participating organizations will compete. Up to $100,000 in social impact investments will be made (grants, loans, etc.) to launch or scale social enterprises. In 2015, SEA Change selected eight participants from its first cohort of 13 in Cleveland, Ohio, to pitch their enterprises at its SEA Change Happen event. The Columbus Foundation awarded SEA Change a $50,000 grant, and local partners of the accelerator include the Tony R. Wells Foundation, IGS Energy, the Economic and Community Development Institute, CauseImpact LLC, among others.
About the Center for Social Enterprise Development
The Center for Social Enterprise Development (CSED) is a 501(c)(3) charitable organization founded in June 2014. Its mission is to provide information, training, mentoring, and support to enable charitable organizations to develop new business activities that show strong promise of producing new sources of revenues to support and advance their charitable mission. CSED programs are open to all interested individuals and organizations who are dedicated to producing social impact from commercial activities primarily in the Central Ohio region. For more information on the Center, please visit http://www.cincohio.com.
About SEA Change
SEA Change is a Social Enterprise Accelerator developed in Cleveland that provides coaching, connections and capital to social entrepreneurs who have big ideas to improve their community. SEA Change connects resources, funders, innovators, and mentors to accelerate your idea from concept to successful social enterprise. SEA Change is operated collaboratively by a mix of existing organizations who bring expertise in launching, supporting and financing start-ups, advancing non-profits and engaging the community. Cleveland founding partners include ideastream, ECDI, the Hispanic Business Center, and LaunchHouse, with funding provided by The Business of Good Foundation, the George Gund Foundation, Generation Foundation, the Fred A. Lennon Charitable Trust and The Burton D. Morgan Foundation. The Columbus program is supported by The Business of Good Foundation and The Columbus Foundation. For more information on SEA Change, please visit http://www.seachangeneo.org.