E-Learning Course

Developing your Business Model: How to Communicate Effectively with Investors
Business models are essential to communicating effectively with investors and ensuring their financial support. By defining your customer, value proposition, impact, and the underlying economic logic behind your enterprise, investors will see you have put the thought and work needed to guarantee the success of your business. However, developing a business plan is not easy. More often than not, organizations get bogged down in details and excessive language; leaving investors bored, overwhelmed, and not wanting to invest much needed funds.

The Development Marketplace, in collaboration with GSBI, has developed this e-learning course to introduce social entrepreneurs and NGOs to developing and implementing inclusive and successful business models. Through seven easy-to-understand lessons, entrepreneurs will be guided through the difficult process of defining their mission, describing their value proposition and competitive advantage, understanding social impact, illustrating the economics of their business, planning their marketing, sales, and distribution, and considering their business structure. These lessons will provide grantees with the necessary tools to develop a business model that will inspire and excite investors.

Case Studies

Rangsutra

Envisaged as a bridge between artisans and consumers, Rangsutra works with small producer groups based in remote villages and towns in around 9 locations across the Indian states of Rajasthan, Uttaranchal and Assam. It strengthens economic security in vulnerable communities by empowering members to create top quality hand made products which are then sourced and marketed to urban consumers through leading retailers.

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    Through DM we have proposed to scale it up to different areas covering another 44,000 households where we can monitor the social security scheme. I am definitely thrilled and excited because this money will [make] us think in a different way, to upgrade our technology, our HR and streamlining our processes from a certain level to a different level. We need to build our capacity through DM.
    Mansingh Durga Prasad Nayak, Programme Director, (WOSCA)
    Basically a start-up needs to use the grant for the costs of capacity building of community, mobilization etc. Then there is the technical, research and development cost for doing the innovation part. The third necessity is providing the market linkage to the producer groups. These are the 3 core things that social entrepreneurs [look for] and for these, funds are not available. This will be the greatest benefit of the DM.
    Ravi Chandra, Managing Trustee, Bihar Development Trust
    We are looking at this money more as in investment in infrastructure development as well as human resource development. We believe that the results of this will be seen very soon.
    Sumita Ghose, Managing Director, Rangsutra Crafts India Ltd.
    We feel honoured, we are a young enterprise and being recognized by an institution like World Bank is a great feeling. We are pretty enthused to move ahead in a comparatively faster manner...we are looking forward to the coming 24 months when we are going to get various kind of inputs.
    Devendra Shukla, Chief Operating Officer, Educate Girls
    In the last 3 years we have trained and placed 10,000 people [in jobs]. In this World Bank sponsored project we are trying to train and place 10,000 people in Bihar alone.
    Nishant Saxena, CEO Elements Akademia Pvt. Ltd.
    As far as scale is concerned, we have understood that a lot of capacity building is required for that. Resourcing and networking [with] other agencies is also important.
    Prabitra Mishra, Programme Director, Adhikar
    DM is the beginning...it definitely feels good. It has taken a lot of thought process as to how we take reliable lighting sources to Bihar...Winning DM matters a lot...the financial support will help us to build infrastructure, develop capacity of people to implement the program [of providing quality lighting to the poor] properly in Bihar.
    Prasanta Biswal, Sr. Manager – Mission Projects, Selco Solar Lights (P) Ltd.
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