ABOUT THE
BUILDING BLOCKS FOR
IMPACT CAPITAL TOOL
The Building Blocks for Impact Capital (BB4IC) Tool is an online diagnostic tool designed to help early-stage social enterprises identify and assess the ‘building blocks’ they need to have in place to access social finance and funding. Generally, this will be to fund pre-startup activities such as piloting, business planning and financial modelling, or it will be startup capital to fund the commencement of operations in earnest.
The BB4IC Tool is free to access! You can access the BB4IC Tool at the end of this page.
The Building Blocks for Impact Capital Tool has been developed with the generous support of the Victorian Government, Department of Jobs, Precincts and Regions and leverages the knowledge generated through the Swinburne Social Startup Studio, which is kindly funded by Equity Trustees. Recommended citation: Ward Christie, L., Tucker, J., Moran, M., and Armstrong, W. (2022), Building Blocks for Impact Capital, Swinburne University of Technology, available at: https://www.socialstartupstudio.com.au/building-blocks-for-impact-capital/
HOW THE BB4IC TOOL WORKS
The BB4IC Tool consists of a series of questions and possible responses. The questions will help you to identify where your early-stage social enterprise is strong and where there is more work to do, so that you can access the pre-startup and startup capital you need.
The answers you provide to the BB4IC questions will inform your diagnostic; you can take the diagnostic again once you have addressed some of the areas that the BB4IC Tool highlights you need to work on. There are no right, or wrong responses so choose the response that best describes where you are currently at.
KEEN TO LEARN MORE ABOUT THE BUILDING BLOCKS?
Check out these four short videos before you begin:
Understanding Your Social Impact Revenue Model
(Video - 1:35 minutes)
- Becoming sustainable. Understanding your social enterprise revenue model
Understanding The System
(Video - 1:41 minutes)
- Where do we fit in? Understanding the system
Understanding Your Social Enterprise Impact Model
(Video - 1:00 minute)
- Creating impact. Understanding your social enterprise impact model
Aligning Your Impact and Trading
(Video - 1:58 minutes)
- Getting the balance right. Aligning your impact and trading
