Reaching across resources and perspectives from the public, private and social sectors to help today’s innovators build tomorrow’s world.
A business model is the operating model, or plan, for an organization. It is short-hand to describe all aspects of operations, including the revenue streams, customers or clients, products, and financing or fundraising. Government agencies and programs, non-profits, and companies all have business models.
A tri-sector business model is when each sector – public, private, social – both contributes to and benefit from a business model. For example, in Propel’s business model, the public sector contributes to the business model via the SNAP program and benefits from the business model by running a more effective and efficient program for its users without having to change their operations. Learn more about tri-sector business models.
Tri-sector business models can take many different forms and there is a spectrum of how closely the organizations from each sector work together to both give to the model and get resources from the model. But, many business models do not require formalized contracts, agreements or any connection with the owner of these resources. In other cases, when resources are not freely available, a closer relationship may be required to create the business model.
We are a Seattle based non-profit organization. We support innovators across the United States and globally.
NewView works with innovators in a variety of ways across all types of organizations and sectors. We are constantly looking for new opportunities to bring tri-sector innovation to the world. Contact us to learn more about exploring tri-sector innovation with your organization.