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GROUP CONSULTING AND TRAINING |
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| Community Wealth Regional Initiatives are multi-faceted programs that seek to create wealth, improve nonprofit capacity and promote regional change. The core component of each initiative is
The Community Wealth Collaborative. |
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THE COMMUNITY WEALTH COLLABORATIVE |
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The Community Wealth Collaborative is a 10-month business planning process that helps high-performing nonprofit organizations develop and grow social enterprises.
Led by Community Wealth Ventures (CWV), the Collaborative is an innovative program that offers monthly peer-learning sessions and one-on-one consulting for management teams. Collaborative participants build social enterprises while honing business skills, empowering them to have a lasting impact on their nonprofit organizations.
The Collaborative has operated with proven results in nine metropolitan regions across the United States, including: Baltimore, Boston, Cincinnati, Cleveland, Hartford, Newark, North Texas (Dallas/Ft Worth), San Antonio and Washington, DC.
Click here for information about recent and current Collaborative sites:
Cincinnati and
North Texas. |
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| The goal of the Community Wealth Regional Initiative is to help nonprofits increase mission impact. This is accomplished through three main objectives: |
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| To increase nonprofit revenue – At its core, the Collaborative seeks to create new sources of income for nonprofit organizations by helping them develop earned income ventures. These ventures should result in increased levels of unrestricted income that will help create greater financial sustainability among Cleveland nonprofits. |
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| To build organizational capacity – In addition to providing support for the business ventures, the Collaborative process assists nonprofit organizations more broadly. The goal is for nonprofit organizations to transfer the lessons to overall operations and increase organizational performance by applying business practices and analytical thinking. |
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| To create regional change – Although the Collaborative is principally focused on delivering technical assistance directly to the eight selected organizations, it also aims to have a broader impact on the regional nonprofit marketplace. The Collaborative aims to achieve regional change by developing social enterprise leaders, sharing lessons from the project with the local nonprofit community, and connecting local business leaders and entrepreneurs with area nonprofit executives. |
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| The Collaborative is achieving extraordinary outcomes for the participating organizations.
Click here
to read the most recent report on Collaborative outcomes. |
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