PresenTense Year in Preview 5771 (Oct 2010-Sept 2011) Venture Development, Page: 1
Venture Development through PT Investments
PT Investments is a non-profit Venture Philanthropy Fund that supports early stagePresenTense projects that serve the needs of our Jewish communities, and simultaneously spark the next generation of Jewish philanthropy and community support.PT Investments pools the financial and professional resources of young professionals likethat of an investment fund. Under the guidance of an accomplished management team, fundadministration and partnership participation
PT Investments assesses and invests its time,money and experience in promising ventures while educating, networking and developing PTInvestments Partners through Fund meetings and community-wide events.
The project specific goals of PT Investments are to:1.
Recruit 10 young professionals (Partners) by January 2011 who will allocate their time,experience and capital to support PresenTense Fellows2.
Raise $10,000 collectively from Partners and matching grants by April 20113.
Educate the Partners about philanthropy and start-up non profit strategy through 4 eventsand/or seminars4.
Assess and provide feedback reports to 15 PresenTense Fellows by March 20115.
Invite 10 Entrepreneurs to present to the Partnership by March 20116.
Recruit 40 community members to join the Entrepreneur presentations by March 20117.
Provide in-depth operational and strategic support for at least 5 Fellows (Portfolioprojects) throughout January 20128.
Produce a monthly informational newsletter for Fellows with at least 3 contributors fromthe Partnership and the community9.
Provide insight into Venture Philanthropy and Social Entrepreneurship through a Partner-contributed bi-weekly blog and a weekly updated Facebook page and twitter account
target 200 followers by April 201110.
Prove the model is an effective tool for community investment and create a replicable
“kit” to accompany the Community Entrepreneur Partnership program
Venture Resources exists to protect one of PresenTense’s greatest investments –
ourFellows. To date PresenTense has trained 77 entrepreneurs and engaged countless morecommunity members through the PresenTense Global Institute. With six weeks of training,consulting and advising, PresenTense and its staff has developed a vested interest in the successof our Fellows
because their ventures
’ advancement validates the added value of the
PresenTense program.Upon completion of the PresenTense Fellowship, Fellows are faced with the undue
burden of “what next?” The handholding ends, the resource development begins, and during a
venture stage that is vulnerable and yet to be proven, seed stage entrepreneurs require a