It’s a fairly common arrangement for a nonprofit board member to donate commercial real estate to a nonprofit in need of office space. But sometimes the economics don’t really make sense, especially in a city with a hot real estate market like Austin.
One of the most debated and controversial topics in the not-for-profit fundraising world is incentives and compensation for Development team members. Should they have only base pay? Should they get commission? Should they be paid bonuses based on performance?
Techstars is the global network helping entrepreneurs succeed through accelerator programs, mentorship, funding, and resources. This year, they announced their newest track, the Techstars Impact Accelerator and we caught up with Zoe Schlag, Managing Director to get the full story on how they are changing the impact investment landscape.
The Comfort Crew for Military Kids is a national non-profit delivering proven resources to help military kids and their family connect and build resiliency in the face of extraordinary challenges.
Relay Coworking is a new space for ambitious, no-nonsense social entrepreneurs creating scalable change in the world.
We started by asking a simple question, "Can we scale and sustain more social ventures through an immersive, cause-based community?". That question was asked over three years ago and has since evolved to what we're proud to debut today - Relay Coworking at The Center for Social Innovation.
Relay means the transfer of information amplified over an interwoven network. The network is our community of members that share something important in common - they are all making an impact. We're looking for determined social entrepreneurs who are ready to take their idea to the next level. Whether you just started developing a cause-based application or are in the middle of raising capital, we surround you with everything you need to scale and be successful.
We know how hard it can be to create impact without the right resources or connections. That's why it is in our DNA to provide great teams with educational programs, capital resources, entrepreneurial support systems, and the best impact-minded network around.
Software and manufacturing companies have long used lean principles to systematically eliminate waste from and incorporate constant learning into their processes. But the fact is lean methodologies have been in practice on production floors since the 1950s.
What have we been up to at The Center for Social Innovation at Springdale General?
We're proud to announce that Notley’s Center for Social Innovation and Capital Factory are partnering to launch a new coworking space for social change.
The Center for Social Innovation (CSI), an integrated campus for socially innovative nonprofits and purpose-for-profit enterprises operated by Notley, today debuted a social entrepreneurship and nonprofit coworking community at Springdale General in East Austin that serves individuals and startup organizations committed to driving impactful outcomes. To launch the new coworking space, Notley is announcing a partnership with Capital Factory, the center of gravity for entrepreneurship, to bring together capital resources, educational programs, and an international network of mentors to help tackle some of society’s biggest challenges.
Today thousands of social entrepreneurs and nonprofits are seeking ways to address important causes, from education and climate change to access to healthcare and poverty. The Center for Social Innovation’s new coworking space will provide a collaborative environment where business leaders and founders can access capital and human resources while also integrating their approaches with nonprofit organizations to better understand how their solutions can be most effective.
“The world is experiencing an emergence of social enterprise spilling out of our universities, nonprofits, and for-profit businesses,” said Dan Graham, Cofounder of Notley. “As Austin becomes the next social innovation capital, this coworking model is poised to provide an important missing piece – a space for people inciting action around social causes to connect with nonprofits, educational systems and entrepreneurial programs while coming together to drive scalable and sustainable purpose-driven ventures.”
Read more in our press announcement today!