Social Venture Development

SIP80017 12.5 Credit Points Hawthorn

Duration

  • One semester or equivalent

Contact hours

  • 36 hours

On-campus unit delivery combines face-to-face and digital learning.

Prerequisites

75 credit points

Corequisites

Nil

Aims and objectives

This unit has a focus on entrepreneurship and intrapreneurship in a not for profit or for purpose business context. The aim of this unit is to develop students’ knowledge and ability to grow, lead and manage a business venture that addresses social and environmental challenges. The unit also explores new forms of funding such as crowdfunding, social finance and impact investment in addition to philanthropic, government grants and other fundraising activities. Finally, students will learn how to market as well as measure and communicate social impact to stakeholders, including social and philanthropic investors.

Students who successfully complete this unit will be able to:

1. Apply fundamentals to the analysis, design and operation of a business model using appropriate social impact methods and tools
2. Critically analyse models and frameworks for social venture development
3. Critically evaluate traditional and innovative funding and financing models for social ventures
4. Communicate proficiently in professional practice to a variety of audiences, function as an effective member or leader of a team
5. Apply knowledge of research principles and methods to plan and execute a piece of independent research in social impact