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Business Skills Becoming the Norm at Nonprofits

Kevin Monahan here. I found an article in the Sun-Sentinel about renewed efforts to bring solid business practices into nonprofit environments. Increasingly, corporate talent is being brought in to help run multi million dollar nonprofits. Smaller nonprofits are collaborating to save money and create efficiencies, while spending more money on staff training in business disciplines.

“Today, as funders seek greater accountability and demand for social services spikes, nonprofit managers are finding they must boost their business skills to run their organizations effectively.”

Here in Jacksonville, we have multiple agencies helping move nonprofits in that direction, The Nonprofit Center of Northeast Florida, Hands-On Jacksonville and our own FSBDC at the University of North Florida host a wide array of training events for nonprofits and offer mentoring by qualified professionals or referrals. UNF also offers a Graduate Certification in Nonprofit Management for those looking to become tomorrow’s nonprofit leaders.. 

While we would like to see a lot more collaboration between nonprofits, one shining light at the end of the tunnel is the Jessie Ball duPont Fund’s Nonprofit Incubator currently in development downtown. It may well be the biggest nonprofit asset our area has ever seen offering, space, training, consulting and anchor tenants to mentor other agencies. 

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