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Amiable Associates

A distinct level of sensitivity incites AMIABLE AID to institute chain of residential care homes, hospitals, resource and research centers at various geographical locations worldwide engaging established local organizations. To ensure welfare measure to reach out 25 % of world intellectually challenged populace by the year 2025 is the target. For achieving these new social facilities, fundraise is enormously time consuming and ruins risk of cannibalizing other resources. So AMIGO’S has been established to continue and sustain the social programmes.

AMIABLE AID realizes a degree of financial security is necessary for the self and its Associates to fly into higher realms. AMIGO’S marketplace is established by AMIABLE AID Foundation to perform as a platform for exchange and collaboration of between Amiable Aid and its Associates NGOs to become enterprise.

Expected outcome
1. Social Impact: the social (mission) gains as a result of the social enterprise;
2. Enterprise Performance: the business/financial performance of the social enterprise;
3. Organizational Development: the organizational improvements and operational efficiencies created by social enterprise; and
4. Financial Sustainability: the availability, diversity and long-term sustainability of financial resources and assets and the financial autonomy as a result of the social enterprise.

SELECTION CRITERIA

AMIGO’S applies rigorous criteria to select our Associates. Among others:

  • social impact: realistic but ambitious idea and plan with potential for high social impact;
  • leadership: proven, committed management team;
  • role model: potential to create replicable social enterprise models;
  • sustainability: potential for full/partial financial sustainability;
  • values: shared commitment to values of ethical, environmental, and social responsibility;
  • Best fit: opportunity to add value, willingness to work with highly-engaged philanthropic investor.

Our goal is to help our Associate Organisation to prepare for and mitigate potential risks in starting up a social enterprise, to develop core financial and management skills, and to become “investment ready” and to attract additional donor and investor support to enable them to start up their social enterprise, to development the management capacity and systems to better manage their enterprise; to ensure each is achieving their financial and social goals; and to identify and prepare the most promising social enterprises for expansion.

AMIGO’S provides support for social enterprises in the planning, incubation, and expansion phases. Each phase builds upon the former, and each has specific goals and indicators to determine a social enterprise’s eligibility to progress to the next.

Planning Phase: social enterprises plan for and develop their business idea. AMIGO’S provides support (typically over 9-12 months) to build the organizational capacity of our Associates to assess their readiness for social enterprise; and to identify social enterprise ideas that are aligned with their capacity, social and financial goals.

Incubation Phase: social enterprises implement their business plans.
AMIGO’S provides long-term support (typically over 2-4 years) in the form of both financial capital and training and mentoring to our Associates to build their capacity to start-up and manage a social enterprise. Our financial support is typically provided in multiple installments of venture grants and/or loans for start-up or working capital, tied to specific benchmarks in the business plan. Our portfolio team is highly-engaged with each social enterprise, providing on-going training and mentoring on business management, systems and strategy.

Expansion Phase: social enterprises scale to increase social impact.
AMIGO’S provides on-going, higher levels of support to those social enterprises in our Associates that demonstrate the capacity and potential to expand to achieve larger-scale social impact.

AMIGO’S offer long-term (typically over 5 years) financial and capacity-building support to enable social enterprises to grow, replicate, or otherwise scale their activities. We provide higher levels of financial support in the form of venture grants, loans and, occasionally, equity investments, or a combination thereof.