Introduction to social business
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Transcript of Introduction to social business
Social business introduction
Holstee Manifesto
Social business is business with meaning
What is social business?
Definition • Les entreprises sociales développent des
modèles économiques viables pour répondre aux grandes problématiques sociales sociétales et/ou environnementales que nous traversons.
• Elles participent à la création d'un nouveau paradigme économique, pour une croissance durable et inclusive.
Which social issue do you want to solve?
Access%to%educa+on%
Access%to%jobs%%
Discrima+on%towards%disabled%people%
Discrimina+on%towards%minori+es%
Lack%of%awareness%of%new%career%paths%
Climate%change%
Violence%towards%women%
Gender%pay%gap%
Access%to%healthcare%
Access%to%water%and%sanita+on% Food%quality%
Hybrid model
What is impact investing?
What is social impact? • The effect of an activity on the social
fabric of the community and well-being of the individuals and families.
• "Social impact measurement is the DNA of social projects", states Stone Soup's consultant Susana Balet
A few examples of social entrepreneurs
Streetwize
Samasource
Bamyan
Mejd Tours
More%products%empowering%women%through%design%
Tech for social good
What is the need?
What is the solution?
What is the impact?
What is the need?
Leveraging design for social good
Who are the main stakeholders?
Networks of social entrepreneurs
Events
A new type of business
Coworking spaces
Incubators Le%Social%Good%Lab%est%un%incubateur%pour%entreprises%sociales%technologiquement%innovantes.%Unique%en%son%genre,%le%Social%Good%Lab%est%un%projet%coGconstruit%entre%Paris%Incubateurs%(Ville%de%Paris,%région%IleGdeGFrance)%et%Le%Comptoir%de%l’Innova+on.%%%L’ini+a+ve%s’appuie%sur%une%démarche%inédite%permeNant%l’hébergement,%le%financement%et%l’accompagnement%de%startups%innovantes%à%fort%impact%social.%
Incubators
The%Ins+tute%arms%entrepreneurs%crea+ng%solu+ons%to%the%world’s%biggest%social%and%environmental%problems%with%the%mentorship,%capital,%and%networks%they%need%to%do%so.%
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Investors
In%2015,%our%Annual%Conference%will%head%to%Madrid.%%Dates:%1+%2%December%2015%%
The%organiza+on%we%envisioned%wouldn’t%simply%make%grants,%but%would%invest%in%entrepreneurs%who%had%the%capability%to%bring%sustainable%solu+ons%to%big%problems%of%poverty.%We%would%create%a%venture%capital%fund%for%the%poor,%supported%by%a%global%community%of%philanthropists%willing%to%take%a%bet%on%a%new%approach.%%
For%Acumen,%pa+ent%capital%is%understood%as%a%debt%or%equity%investment%in%an%earlyGstage%enterprise%providing%lowGincome%consumers%with%access%to%healthcare,%water,%housing,%alterna+ve%energy,%or%agricultural%inputs.%Our%typical%commitments%of%pa+ent%capital%for%an%enterprise%range%from%$300,000%to%$2,500,000%in%equity%or%debt%with%payback%or%exit%in%roughly%seven%to%ten%years.%%
The%pa+ent%capital%Acumen%provides%is%accompanied%by%a%wide%range%of%management%support%services%nurturing%the%company%to%scale.%Our%aim%in%inves+ng%pa+ent%capital%is%not%to%seek%high%returns,%but%rather%to%jumpGstart%the%crea+on%of%enterprises%that%improve%the%ability%of%the%poor%to%live%with%dignity.%In%the%longGrun%we%aim%to%see%a%return%of%our%capital.%%We%do%not%expect%high%financial%returns%to%come%from%inves+ng%in%businesses%that%serve%the%poor.%
What is out there for young people?
Because we all have a role to play
Now it’s your turn! • Identify a need, a challenge you want to
solve in your community or in the world • Identify your superpowers • Imagine a solution that solves this issue
AND generates income • Share it with us!