Four mission-driven organizations are scheduled to pitch their businesses to a live audience and expert judges
San Diego CA— Mission Edge announces their top four Social Enterprise Accelerator and Impact Lab (SAIL)finalists to pitch their social enterprises in a shark-tank style pitch event at The Honor Foundation HQ on Thursday, May 16th from 6:00-8:00PM. Clean Car 360, Passion Purpose Academy, Rise Up Industries, and Wesley House Student Residence, were each selected to present 10 minute pitches to a room of potential investors, donors, community members, and a panel of expert judges in hopes of winning first place, and a cash prize of $2,500. The final pitch event is free and open to the public and guests can RSVP here.
A total of nine organizations completed the 12 week SAIL program and pitched at the semifinal event hosted at Mitchell International on May 3rd, 2019. The additional participating organizations – who will table at the final pitch event include:
- The Akazi Project
- My Brain Test
- Hope Vision Foundation
- Making Meals Matter
- St. Luke’s Episcopal Church
“The four organizations pitching in the SAIL final event have come a long way since starting the program,” says Mission Edge CEO Ken Davenport. “In just 10 short weeks they have developed a clear business model and put together compelling pitches showing how they will both make money AND have a positive impact on the San Diego community. I encourage the community to come see the future of social impact on May 16!”
Mission Edge’s SAIL program, is designed to equip mission-driven organizations with the strategy and skills necessary to develop sustainable, revenue-based business models that accelerate social impact.The nine participating organizations have attended 5 in person modules, focused on a variety of topics ranging from business model validation to financial modeling, to professional pitch training. Throughout the program, each organization was matched with an expert mentor to guide them through their process while providing direction through at-home work and research. The final pitch event is an opportunity for the top organizations to showcase their businesses and network with potential investors, donors, and customers.
“As the philanthropic landscape evolves, The San Diego Foundation is committed to supporting new and innovative opportunities, such as the Mission Edge SAIL Program, that strengthen the financial stability and long-term sustainability of nonprofit organizations advancing quality of life in our communities,” shared Connie Matsui, Interim President & CEO of The San Diego Foundation.
Sponsored by Qualcomm Incorporated, The San Diego Foundation, Union Bank, Mitchell International, and Procopio, SAIL proves to be an invaluable experience for social enterprises and nonprofits looking to build/scale their business, diversify sources of revenue, better communicate their impact, or all of the above.