Social Venture Partners – Fast Pitch Grant

Sacramento Region Community Foundation

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Grant amount: US $1,000 - US $50,000

Deadline: Oct 4, 2020 5:00pm PDT

Applicant type: Nonprofit

Funding uses: Training / Capacity Building

Location of project: Counties in California: El Dorado County, Placer County, Sacramento County, Sutter County, Yolo County Show all

Location of residency: United States

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About this funder:

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Overview:

Social Venture Partners – Fast Pitch

The SVP Sacramento Fast Pitch is a two-month training and mentoring program for innovative nonprofits effecting change in education in the Greater Sacramento area, culminating in the Fast Pitch Competition and Showcase.

Background

The Social Venture Partners of Sacramento (SVP) are corporate executives, community leaders, volunteers, philanthropists, parents – a network of local partners connecting passion and purpose. SVP sees the chasm between the challenges we face today as a society and the way we engage those challenges. Since its inception in 2008, SVP has united the power of the business community with the passion of the nonprofit world.

Fast Pitch 

The SVP Sacramento Fast Pitch process is a four-month training and mentoring program for innovative nonprofits effecting change in the broad category of education in the greater Sacramento region, culminating into the Fast Pitch Competition and Showcase in March 2020. Modeled after other efforts in Los Angeles, New York, and Boston, Fast Pitch brings to Sacramento a venture capital-like “pitch stage” where innovative nonprofits focused on improving area education outcome will share their achievements.

The program culminates in a “Fast Pitch” competition – a high-energy, fast-moving, quick-fire presentation event. Organizations share their work, how they differentiate from others working in their space, their impact, and success stories with the audience and judges–each in under three minutes! Participants are eligible to win prize money and in-kind support, with winners selected by audience and judging panel vote.

Awards and Benefits

As finalists, ten of the participating nonprofits will be eligible to receive in-kind support and unrestricted funding totaling a value of more than $50,000.* In 2018, every finalist raised at least $1,000 through our donation platform and 10 of 10 received additional cash awards and/or in-kind support. Additionally, two of 10 semifinalists received cash awards or in-kind support. 

All participating nonprofits will receive 2:1 and group mentoring support from venture capitalists, and sales and marketing professionals to refine their pitches and tell their stories, valued between $4,500-$5,000 in-kind benefit per organization.

All organizations will be eligible to benefit from increased visibility and an audience of potential funders during the final pitch event. In 2018, more than 800 attendees viewed the final pitch event at the Golden 1 Center. 

Finalists and semifinalists will have space at the Fast Pitch final event for networking with the crowd, meeting potential new donors and sharing contacts with colleagues and new friends.

Benefits cited by participants over the past four years include collaboration with other nonprofits, networking at the Fast Pitch event, and funding from donors after the event. Over the past four events, more than $800,000 in follow-on funding (as a direct result of interaction with audience in the room) has come in to support past participants. Past participants have also reported using their pitch to ensure their staff and board are using similar language in the community and to complete grant applications!

There is no cost to apply or participate.

*Only 10 of the participating nonprofits will be eligible

**All semi-finalists eligible

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • Eligibility
    • Maintain tax-exempt status under Section 501(c)(3) of the Internal Revenue Code or provide evidence of fiscal sponsorship.
    • Reside or provide services in one of the following geographical service areas: Sacramento, Yolo, Placer, El Dorado, Sutter, and Yuba counties.
    • Dedicated staff member with title of: Executive Director/CEO, Development Director, or Program Director must be willing to participate as point person through entire process.
    • Have a nonprofit mission or project that is educationally focused and serves one or more of the following populations:
      • Pre-K students
      • Youth (K-12) in school or outside of the classroom
      • Post-secondary students
      • Adult education students; OR
      • Is a program that addresses an issue through programs proven to increase levels of educational attainment (i.e., sports for youth, mentoring programs beyond school day, etc.)
    • Differentiation from other organizations solving the same or a similar stated problem OR differentiation of delivery of programming, allowing organization to serve more individuals. 
    • Collaboration: not required to participate, but a demonstrated record of collaborative effort(s) with other agencies within the community will be considered by the application review committee.  
    • Able to dedicate a minimum of 50 hours to the process, from November 2019 - March 2020 (most participants report 60-80 hours total).