Roll-out and testing of potential idea testing. Checking of finance options such as loans, grants and donations. Setting up network support and ongoing mentoring.
In the start-up phase, social entrepreneurs often finance themselves through foundations, donations, non-profit organizations or from own resources.
Funds from foundations can be obtained through applications, which are usually earmarked and limited in time.
In addition, foundations usually support only non-profit organizations and need to align with certain statute requirements that must be met.