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World’s first social franchising accelerator launched in South Africa
A new social franchising accelerator initiative is calling for nominations of successful organisations that could be scaled up, through franchising, to reach greater numbers of people. The world’s first social franchising accelerator will be established in South Africa in a move that is expected to help meet the needs of more vulnerable people through scaling up proven solutions.
Former US president, Bill Clinton, aptly noted: “Nearly every problem has been solved by someone, somewhere. The frustration is that we can’t seem to replicate (those solutions) anywhere else.”
Social franchising is a powerful way to step up projects that are helping to solve social and environmental problems. Using commercial franchising tools - which have proven to be highly effective in growing businesses, creating local ownership and economic wealth - the idea behind the social franchising accelerator is to take successful organisations, whether they be NGOs or social enterprises and create the systems and support necessary to replicate these effectively.
The social franchising accelerator will initially take three South African social impact organisations under its wing, and is calling for a first round of nominations of successful and proven projects that are in a good position to be scaled up.
To nominate a social impact organisation that is primed to scale up through franchising, please contact: This e-mail address is being protected from spambots. You need JavaScript enabled to view it. by 15 February 2014.
