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The Parent-Child Home Program Wins Social Impact Exchange Business Plan Competition
On June 18th, The Parent-Child Home Program took home honors as the Mezzanine Category winner in a national competition sponsored by Growth Philanthropy Network/Social Impact Exchange! The two first prize winners, (Early Stage and Mezzanine) were announced on the final day of The First Annual Conference on Scaling Social Impact, which took place in New York City. This eight-month competition began with 190 national non-profit applicants, and concluded with just 4 finalists in each of 2 categories. In the Early Stage Category, the winner was Rubicon National Social Innovations, a laboratory for scaling social enterprise in the U.S., finding, nurturing and scaling businesses that can have a positive and deep impact on big problems affecting low-income people.
During Day 2 of the conference, the 4 Mezzanine level finalists, defined as “an established organization with a significant level of successful service adoption, demand from the target population, demonstrated positive outcomes, and defined strategies for scaling their social impact,” presented their business plans to a distinguished panel of judges: Rod Aronson, Executive Director of Morgan Stanley Private Wealth Management; Theresa Schieber, VP and COO of The Whelan Group; Johnny Celestin, Haitian Diaspora Liaison at the Clinton Foundation; and Peggi Einhorn, CFO and Treasurer of the Robert Wood Johnson Foundation.
Sarah Walzer, Executive Director of The Parent-Child Home Program, presented the business plan to the judges and then responded to their questions. At the conclusion of the conference on Friday, the Program was announced as the winner. The Parent-Child Home Program’s business plan won against other worthy Mezzanine-Stage finalists: First Book, The Grameen Foundation, and ROC USA.
As winner of the Social Business Plan Competition, The Parent-Child Home Program will receive $50,000 in funding for the Program and nine months of consulting services from The Whelan Group. The consulting will focus on implementing the Program’s scaling plan quickly and effectively.
This award is the culmination of an intensive 8-month process, during which The Parent-Child Home Program submitted an initial 30-page business plan for the first round, and, working with Sheila Murphy, a non-profit consultant provided by the Social Impact Exchange, then prepared a revised plan for the second round, and finally developed its oral presentation for the final round of the competition. “This was a very challenging yet rewarding competition. The board and staff worked very hard to develop a strong three-year scaling plan that will expand our services across the country and continue to build capacity at the National Center so we can reach out to the growing number of families and communities in need of evidenced-based home visiting to ensure that young children and their families are prepared for school success,” said Walzer, Executive Director of The Parent-Child Home Program. “We are looking forward to pushing ahead with implementing our scaling plan and ensuring that many more families have the opportunity to bridge the achievement gap and enter school ready to succeed.”
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