Business Legacies IncubatorOctober 2021 | Vancouver Island
Why start a social enterprise when you can buy one? Join us for an 8-Module intensive that will guide your organization through a business acquisition readiness process. More info below.
An alternative pathway to social enterprise
The initiative was launched in April 2020 with funding from the Province of British Columbia BC Rural Dividend Fund, Island Coastal Economic Trust and the Vancouver Foundation and aims to support non-profit and charitable organizations in pursuing business acquisition as a social enterprising strategy.
In July 2021, the partnership launched a comprehensive toolkit called “Pathway to a Successful Business Purchase” (PSBP Toolkit). Adapted from Venture Connect’s buyer’s workbook of the same name, the PSBP Toolkit is the first of its kind in Canada to address the unique challenges and needs of the non-profit sector.
This October, seCatalyst will facilitate a Business Legacies Incubator; an 8-module intensive that will incorporate virtual sessions, homework and coaching from industry experts. The Incubator will focus on acquisition readiness and organizations are not required to identify a specific business for purchase prior to participating.
Applications for the 2021 Business Legacies Incubator are now closed. If you are a non-profit or charitable organization currently operating on Vancouver Island or the southern Gulf Islands, and you’d like to learn more about this program, please contact us.
Business Legacies Incubator
Module Session Schedule: Oct 21, 2021 to Feb 24, 2022
Oct 21, 2021
Module 1: Intro to Community Acquisition
Guest Speaker: Matthew Payne, Artistic & Managing Producer, Theatre SKAM.
Nov 4, 2021
Module 2: Risk Culture & Mitigation
Guest Facilitator: Lee Herrin, Director Coaching & Consulting, Scale Collaborative
Nov 18, 2021
Module 3: Building Your Acquisition Roadmap
Guest Speaker: Lori Camire, Executive Director, Community Futures Alberni Clayoquot & Coombs Country Candy
Dec 2, 2021
Module 4: Search & Assess, Finding a Business Match
Guest Speaker: Darrell Goertzen, Business Advisor, Venture Connect
Jan 13, 2022
Module 5: Due Diligence, Understanding Financials & Business Valuations
Guest Speakers: Travis Bryson, CPA, CA / Partner, Accounting & Assurance & Zinnia Khubbar, Senior Accountant from MNP LLP
Jan 27, 2022
Module 6: Financing Your Acquisition
Guest Speakers: Cathy Robertson, General Manager, Community Futures Cowichan & Emeline Le Guen, Manager Impact Investment, Scale Collaborative
Feb 10, 2022
Module 7: Buying the Business, Legal & Governance
Guest Speakers: Yvonne Chenier, Co-Founder & Kristina Roberts, Legal Initiatives Manager from IntegralOrg
Feb 24, 2022
Module 8: Transition to Social Enterprise
Guest Speakers: TBA