Hub Melbourne Overview September 2010
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Transcript of Hub Melbourne Overview September 2010
HUB MELBOURNE OVERVIEW – SEPTEMBER 2010
inspiring people. innovative places. world-changing ideas
THE STORY IN 60 SECONDS
01
25 SEPTEMBER 2009
What is Hub Melbourne?Hub Melbourne is a community of people, places and ideas. It´s home will be a creative and social innovation centre located across from Southern Cross Station.
We believe that there is no absence of good ideas in the world. The problem is a crisis of access, scale, resources and impact. So it felt vital to create places around
the world for accessing space, resources, connections, knowledge, experience and investment. Hub Melbourne is part of the global Hub network which works
across five continents, and over 23 cities to create places for people who change things. The Hub attracts ´people making good´ from within and beyond the public,
private and third sectors. These are the brave professionals working at ´new frontiers´ to tackle both the worlds and the local communities most pressing social,
cultural and environmental challenges.
At a practical level, the Hub is a co-working and event space available to organisations and individuals of all types to subscribe to on a monthly membership basis.
The Hub offers its members time based access to infrastructure (such as desks, chairs, IT, meeting rooms, event spaces etc) in a shared and collaborative space.
However, the Hub is much more than just a shared office space. The Hub facilitates social innovation and enterprise through connecting organisations and
individuals to collaborate, generate and create. The Hub invites lawyers to share space with artists, economists with designers, youth workers with advertising
executives. By connecting passionate individuals ,The Hub allows the sharing of visions, expertise, skills and resources. Through this process creative social
ventures or enterprises are borne - ventures that are capable of making our world a more connected, more creative, and better place.
5000
VALUES-DRIVEN MEMBERS GLOBALLY SEEDING & SCALING IDEAS THAT MIGHT JUST CHANGE THE WORLD
23 HUBS OPERATE IN 21 CITIES SPREAD ACROSS 5 CONTINENTS
COMMUNITY-POWERED INFRASTRUCTURE PROVIDING ACCESS TO RESOURCES, KNOWLEDGE, CAPITAL AND EXPERIENCE
| 7,000|| |1
HEADLINES
02
OF HUB MEMBERS COLLABORATE TOGETHER ON PROJECTS – THE SOURCE OF ´CREATIVE FRICTION´ THAT FOSTERS SOCIAL INNOVATION.
72%|
8 HUBS ARE CURRENTLY BEING CO-CREATED ACROSS AUSTRALIA AND NEW ZEALAND. HUB MELBOURNE WILL OPEN FEBRUARY 2011.
ÍNVITATION
25 SEPTEMBER 2009
An invitation…This is an invitation to be part of a unique global ecosystem of people, places and ideas dedicated to creating a better world.
The Hub is about the power of people with ideas. It‟s about the audacity, optimism and drive of the people who believe they can change things. Change
minds, change lives, and ultimately change the world a little. This is the thing. Another world is not just possible, it‟s happening. People from every
profession, background and culture are being united by one thing - the imagination and drive to pursue enterprising ideas for a radically better world.
These are the people who see and do things differently. The entrepreneurs, the executives, the policy-makers, the freelance professionals, the
community leaders. The Hub is becoming the place they call home.
Hubs can be found in cities all over the world. They are places to work, meet, innovate, learn and relax. They are designed for people who crave the
inspiration, resources, knowledge, connections and investment to start and grow new ideas.
In the same way that an ecosystem is about the interaction of living things with their environment, the Hub is about the power of inspiring places where
new connections, relationships and initiatives can evolve, adapt and thrive.
03
MISSION
25 SEPTEMBER 2009
Local impact, global reachHub Melbourne is part of a unique local and global ecosystem of people, places and ideas.
Things began in a derelict warehouse in London five years ago, and now the network expands to places as diverse as San Francisco, Bombay, Sao
Paulo and Amsterdam. A further 15 Hubs will open in 2010, with the ambition to exceed 60 by 2013. 2010 plans include the opening of the first „rural‟ Hub
in Oaxaca in Mexico, the first Peace Hub in Kabul, and the first „emerging market‟ Hub in Minneapolis along with clusters of pop-up Hubs in Sao Paulo
and London.
Our mission is to create a global network of values-driven entrepreneurs working together to create a radically better world. Our ambition is to be an
organization of global significance in the 21st century - an infrastructure and diverse community of enterprising, free-thinkers and doers with the focus and
agility to solve some of the most pressing problems facing the world today.
For Victorians and Australians, Hub Melbourne offers this unique opportunity.
04
BUSINESS MODEL & GOVERNANCE
05
25 SEPTEMBER 2009
A self sustaining social enterpriseBusiness model
Hub is a social mission focused organization that earns revenue from membership fees and partnership fees in order to sustain its operations. It is founded as a for-profit social
enterprise where profits are used to enable the community projects of its members as well as provide a return to social investors. Whilst grants are sought at start-up or to
enable a particular initiative, Hub is not dependant on grants in order to remain viable. Hub Melbourne is 100% Melbourne owned and operated and pays a small license fee to
Hub World in order to access the global Hub network of over 5000 members spread over 6 continents.
Hub´s social impact and collaborative potential is dependent on a diverse range of different people and initiatives being part of the Hub community. It is committed to providing
affordable access to the facilities, technology and networks that projects need to get off the ground and flourish. Hub adopts a tiered and flexible pricing structure that provides
discounted rates for start-ups and fellowships for non-funded initiatives. Hub is able to do this, and remain viable, because of its incredibly efficient use of space and ability to
turnover the number of people using the Hub several times in a day.
Governance
Hub Melbourne practices transparency and accountability and embodies quality legal, financial and governance practices. Hub Melbourne has an advisory council and is
committed to forming a legally constituted board prior to opening in February 2011. The space will be created in the Pop-Up Hub for members to form a Members Committee to
ensure that the social mission is adhered to and members needs are constantly met. Governance will consequently include a legally constituted board, an advisory council, a
members committee and a reporting regimen that will report quarterly on its financial, environmental and social impact performance.
NUMBERS – BEYOND THE FINANCIALS
06Social Impact
Projects supported:
Over 7000 by 2009. The
Hub is about social
innovation, the more
members, the more
projects with social impact
it supports.
+
Collaboration:
72% of Hub members
collaborate together on
projects. This creates
the ́ creative friction´ and
chance encounters that
foster social innovation.
Resources accessible to all:
Flexible Hours and
Memberships provide highly
affordable access to the tools
and trimmings to start a project
from $20 a month
Hub Timebank
Thousands of hours a
year of members time
invested in local schools
and mentoring
+ +
Environmental Impact
100% renewable
energy
Zero Carbon in use
65% recycling rate
55% less waste
4% use of renewable energy 10% recycling rate
THE
HUB
THE
OFFICE
07NUMBERS – BEYOND THE FINANCIALS
STATUS
25 SEPTEMBER 2009
Realising Hub Melbourne Hub Melbourne will open in February 2011. To enable us to truly co-create the amazing space and community that Hub Melbourne seeks to be, we will
commence the lease at Donkey Wheel House before we officially open. From October 15 th , we will create the Hub Melbourne Incubator that will be
equipped with the furniture, technology and amenities that you need to operate your businesses, projects and events. The Hub Melbourne Incubator will
be a unique and exciting opportunity to co-create the Hub Melbourne community. Much more than a workspace, the Incubator will include learning
experiences, events and the opportunity to collaborate with a group of passionate, diverse, creative, and values driven individuals.
There is a 10 strong core team being supported by dozens of other collaborators working towards the opening. Hub Melbourne is now in the process of
attracting and engaging with amazing people and organizations that will become founding investors, directors, advisors, members and partners. A
significant milestone was recently achieved when Hub Melbourne was selected as one of just ten social enterprises in Victoria to participate in the Social
Traders CRUNCH program which provides mentoring, business development support and financial investment to enable and support social enterprises..
Hub Melbourne is supporting teams in Sydney, Brisbane, Perth and Auckland to realise Hubs. Following proof that Hub Melbourne is generating financial,
social and environmental value, we are committed to innovating and adapting our business model to establish and support Regional, Rural and Island
Hubs that will truly connect social innovation in the Oceania region. Our ambition is to grow both the number of physical Hubs, and the range of services
we can offer to the communities we serve - for example, into the realm of professional services and venture capital for values driven entrepreneurs.
08
‘Probably the most gutsy and
dynamic event I have ever been to.’
Dame Anita Roddick, The Body Shop
‘We’ve been searching the world for a physical space
that embodies and cultivates our ideas.
At The Hub we have found it.’
Dr Otto Scharmer, MIT
“This place is proving what is possible.” Kofi Annan
www.hubmelbourne.com
For all enquiries please contact:
Brad Krauskopf [email protected] +61 417 740 007