Consulting and Project Support
Tailored support for impact-driven organizations.
Applications are open on a rolling basis until
Friday, December 8, 2023.
Dedicated, driven talent.
Your team will be paired with a team of 4-5 Propel Impact Consulting Fellows, who will commit 160-200 hours over 8 weeks. Fellows have been hand-selected and bring an array of diverse experiences to the table.
Focused, practical support.
Projects will support one of four specific needs: market research, feasibility assessment, financial modeling, or impact measurement. The project is designed to help build your capacity towards launching or developing your social enterprise.
Impact investing education.
Your team will be invited to participate in educational sessions on seeking impact investment and if applicable, be added to the pipeline for potential investment by a local Propel Impact fund.
In the past four years, we've helped 200+ impact-first organizations overcome a wide variety of challenges.
We get into the weeds of helping you build your social enterprise, one project at a time.
What makes an ideal
Propel Impact project?
Projects that will help your organization work towards developing your social enterprise and generating revenue.
Duration: 160-200 hours of project support between January 22-March 22 2024.
Team Structure: 4-5 Propel Impact Consulting Fellows guided by a Propel Impact Alum.
Focus Areas: Market Research, Feasibility Assessment, Financial Modeling, Impact Measurement
Cost: Organizations are charged on a sliding scale, depending on their financial capacity. As a benchmark, it costs Propel Impact $1,500 in overhead costs to deliver each project. Any payment above enables Propel Impact to continue its work serving youth and impact-first organizations. We strive to ensure that financial capacity is not the limiting factor for any eligible organization.
• Your organization has a social, environmental, and/or cultural mandate.
• You are registered as for-profit business, non-profit, charity, or co-operative. Note that 50% of selected organizations will be women- and gender diverse-led non-profits and charities establishing social enterprising activities.
• You are headquartered in Canada or you have a significant amount of operations in Canada.
• You are interested in establishing or diversifying revenue-generating activities and/or have plans to fundraise capital (philanthropy, grants, venture capital, impact investing etc.) in the next 1-2 years.
• The scope of your project can be completed over 160-200 hours between January-March 2024. Your organization is able to commit 10 hours over 8 weeks to meeting with the Fellows, answering communications, providing access to internal documentation and providing feedback on deliverables.
Applications are open on a rolling basis until Friday, December 8, 2023.
Organizations we’ve worked with
“The project support provided by Propel Impact Analysts was an amazing help to our organization and helped us to confirm we were on the right track in reopening following a necessary closure due to COVID. The extensive market research and financial projections the team completed for us was exactly what we needed to understand the emerging opportunities in our field and the best ways to increase our market reach."
“Propel Impact Analysts provided our organization with a really comprehensive framework to help us understand and address trends and opportunities in our industry. They very quickly showed that they understood our business model and were able to bring relevant, fresh perspectives to help guide our planning process moving forward.”
“Propel Impact has provided tremendous value to CityStudio. The Analysts were incredibly intelligent, curious, thoughtful, and asked critical questions that challenged my team to clarify our goals and think in deeper and new ways. The final deliverables and recommendations surpassed my expectations in terms of quality, thoroughness, and usefulness.”
Who will we be working with?
Your impact-first organization will be matched with a team of 4-5 Impact Consulting Fellows who come from different backgrounds. Many Fellows are senior year undergraduate students or have just graduated from a Bachelor's program, and others are completing graduate degrees or have been in the workforce for a few years. Each team will be supported by a Project Advisor - either an experienced Alum or a Propel Impact team member.
What criteria do you use to select projects?
Project requests are assessed on three criteria: whether they address specific social, environmental, and cultural issues that are aligned with Propel Impact’s priorities, whether the Fellows have the requisite skills to complete the project successfully, and whether your organization demonstrates a commitment to developing a social enterprise or establishing/diversifying revenue-generating activities.
What additional value will Propel Impact provide?
As your project comes to an end, we will invite you to participate in educational sessions led by our Impact Investing arm, where you will learn about the impact investing landscape in Canada, the wide variety of impact investing instruments that exist, and how to navigate relationships with investors. Once your impact-first organization is ready to seek funding, we will also consider you for investment through one of our seven local Propel Impact funds
What type of projects can be issued? How should we go about scoping the work?
With a strong focus on helping you develop a social enterprise, projects must be focused on market research, feasibility assessment, financial modeling, or impact measurement. A strong project proposal will only cover one of these areas. Once the projects begin, the Fellows and Project Advisor will help you determine the scope of work to ensure project success. Read some case studies
showcasing previous projects for inspiration.
Why does my organization have to pay?
As a small nonprofit, Propel Impact incurs direct costs to operate these projects. These costs include: recruiting and training Fellows, paying Managers for the time that they contribute to consulting engagements, and curating educational resources for participating impact-first organizations.
Note: We do not accept projects based on your capacity to pay. Proposals will be evaluated on the criteria described in FAQ 2.
We thrive on feedback. We want to learn how we can best support you. We love connecting. So, get in touch.