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Educating Social Entrepreneurs, Volume II by Maria Aggestam, Paul Miesing

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CHAPTER 30

Volu: Validating the Business Case

Chris McCarthy, Anthony Richichi, and Gary E. Shaheen

Social Dynamics, LLC

Summary

This case provides an example of the methods used by a team of two entrepreneurs in testing and financing their social venture. Aspiring social entrepreneurs must often search for seed capital to start their social ventures. “Angel Investors” are often sought to provide a one-time investment to help a company during start-up or through its early, difficult stages. Another widely used method for acquiring seed capital that can be used as collateral and for leveraging other funds are business planning competitions.

Business planning competitions have been popularized by television shows like “Shark Tank” in the United ...

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