Business Legacies Incubator

October 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 Incubator is part of the Business Legacies Initiative, a joint venture between Scale Collaborative and Royal Roads University School of Business.

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
3:30-5:00 PM
Module 1: Intro to Community Acquisition

 

Guest Speaker: Matthew Payne, Artistic & Managing Producer, Theatre SKAM.

Nov 4, 2021
3:30-5:00 PM
Module 2: Risk Culture & Mitigation

Guest Facilitator: Lee Herrin, Director Coaching & Consulting, Scale Collaborative

Nov 18, 2021
3:30-5:00 pm
Module 3: Building Your Acquisition Roadmap

Guest Speaker: Lori Camire, Executive Director, Community Futures Alberni Clayoquot & Coombs Country Candy

Dec 2, 2021
3:30-5:00 pm
Module 4: Search & Assess, Finding a Business Match

Guest Speaker: Darrell Goertzen, Business Advisor, Venture Connect

Jan 13, 2022
3:30-5:00 pm
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
3:30-5:00 pm
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
3:30-5:00 pm
Module 7: Buying the Business, Legal & Governance

 

Guest Speakers: Yvonne Chenier, Co-Founder & Kristina Roberts, Legal Initiatives Manager from IntegralOrg

Feb 24, 2022
3:30-5:00 pm
Module 8: Transition to Social Enterprise

 

Guest Speakers: TBA

Business Legacies Incubator is facilitated in partnership by Scale Collaborative and Royal Roads University School of Business.

It is advised by the following community partners:

Funding support has been provided by:

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Social Enterprise Catalyst is convened by Scale Collaborative.  Copyright 2021.

Social Enterprise Catalyst is convened by Scale Collaborative.  Copyright 2021.