Social enterprise for mrp conference 2011
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Transcript of Social enterprise for mrp conference 2011
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Introductions and Background What is Social Entrepreneurship
What is Social Enterprise Why Social Enterprise? Hybrid For-Profit/Non-Profit Partnerships
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Interruptions and Questions are
Welcomed and Maybe Even Encouraged!
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Chris Miller The Mission Center
Julie Lawson Crime Victim’s Advocacy Center
Jason Cleaveland Juniper
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The Mission Center, L3C exists to help you focus on what you do best: your
mission.
Educate, mentor and coach staff and boards Outsource non-core functions that helps
maximize results and minimize distractions. Work with an administrative partner that
shares your core values and a commitment to those whom you serve
Create economies of competency and scale
Your Mission is Our Mission…
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What Is Social Entrepreneurship
?
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“combines the characteristics represented by Richard Branson and Mother Teresa”
…Schwab Foundation
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“the direct delivery of a charitable service, with
little or no support from the government”
…The Manhattan InstituteSocial Entrepreneurship Initiative
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“society’s change agent; pioneer of innovations that benefit humanity”
…Skoll Foundation
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“a form of public leadership that maximizes the social return on
public service efforts while fundamentally and permanently changing the way problems are
addressed on a global scale”
…New York UniversityReynolds Program in Social Entrepreneurship
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“a professional, innovative, and sustainable approach to
systemic change that resolves social market failures and
grasps opportunities”
…Oxford University Said Business School
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“using entrepreneurial skills to craft innovative processes,
approaches, and solutions to help resolve social issues.”
…Washington University in St. Louis Skandalaris Center for Entrepreneurial Studies
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It’s about thinking outside the box, acting energetically and without fear of failure, and seeing the world in terms of
opportunities, not obstacles.
…The School of Chris Miller
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But more than anything, entrepreneurship is about
collaborating with others to create new value—be it monetary or social, physical or conceptual—that improves people’s lives and moves the world forward.
…The School of Chris Miller
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Social Entrepreneurship is ABOUT
Social Entrepreneurs
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CityYear Michael Brown and Alan Khazei
Teach for America Wendy Kopp
Charter School Movement St. Louis Language Immersion Schools – Rhonda
Broussard Shearwater Ed. Foundation – Stephanie Krauss
St. Patrick’s Center Edith C. Cunnane
Community Organizers Saul Alinsky Barack Obama
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What Is Social Enterprise?
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“An organization or venture that advances its social
mission through entrepreneurial, earned
income strategies.”
…Social Enterprise Alliance
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“A revenue generating venture founded to create economic opportunities for
very low income individuals, while simultaneously
operating with reference to the financial bottom-line.”
…The Roberts Foundation Homeless Economic Development Fund (REDF)
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“The myriad of entrepreneurial or 'self-financing' methods
used by nonprofit organizations to generate
some of their own income in support of their mission.”
…NESsT
."
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“A social enterprise is any business venture created for a social purpose--mitigating/reducing a social problem or a market failure--and to generate social value while operating with the financial discipline, innovation and determination of a private sector
business.”
…Virtue Ventures
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Key Points of Agreement Among Social Enterprise Definitions:
Social Enterprise = MoneyMission +
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What’s the International Red Cross’ Main Social
Enterprise?
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BloodWell over 50% of its Revenue
Several BILLION Dollars
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Founded: 1974 by four recovering addicts fresh out of prison
Mission: Provide clean and sober living environment, employment and education for recovering addicts, alcoholics and ex-offenders
Products/Services:
Moving and Storage, Restaurant, Coffee House, Digital Printing, Construction and Property Management, Landscape, Warehousing and Storage (too many others to list)
Annual Revenue:
18 mil
Earned Revenue:
10 mil
Number Served:
Approx. 1500 Annually between 4 locations San Francisco, Los Angeles, New Mexico, North Carolina, and New York
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Founded: 1988 by Fr. Greg Boyle and the Delores Mission Church
Mission: Provide employment and wrap-around services to gang members, ex-offenders, addicts and alcoholics
Products/Services:
Restaurant, Screen Printing, Bakery, Merchandise, Licensed food products
Annual Revenue:
8 mil
Earned Revenue:
3 mil
Number Served:
Approx. 8000 Annually with the entire range of servicesHomeboy employs about 235 people
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Founded: 1963 by Jack Dalton a recovering alcoholic and ex-offender
Mission: Provide treatment, housing, employment, transportation and on-going case management to addicts, alcoholics, ex-offenders and families
Products/Services:
retail cafés, institutional food, sheet metal fabrication, aerospace precision machining, wholesale food distribution, contract packaging and fulfillment
Annual Revenue:
61 mil
Earned Revenue:
61 mil
Number Served:
Approximately 11,000 over more than 60 sites all over Washington State
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St. Patrick’s Center Project BEGIN Go! Network
Blessing Basket Seeds of Blessing, LLC
The JuiceBox Healthy Corner Stores, L3C Healthy Foods Corner Store
Angel Baked Cookies Jobs and Afterschool Mentoring
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•Opened in 1990
•Full-service restaurant employment for homeless and mentally ill clients
•Began with seed money from corporation (The Boeing Company) but has been self-sufficient almost since beginning
•Enables 30-40 individuals annually to begin a career in the restaurant industry
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Consolare• Started in 2010 with seed money from the
Skandalaris Center for Entrepreneurial Studies at Washington University
• Products are fully healing• Ex-offender involvement in the creation of
handmade products• Benefits the Crime Victim Advocacy Center of
St. Louis
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• Launched in August this year using MRP grant funds as seed capitol.
• Provides a complete wrap-around solution for ex-offenders
• Uses open-book management techniques to teach entrepreneurship
• Teaches a variety of soft and hard skills through an array of employment opportunities.
• Projected to be self-supporting within a 12 months
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Competition and Stagnating Resources
Ability to advance your mission in new and innovative ways that also generate additional revenue
Decrease in Permission Based Revenue Non Zero-Sum
Increases Staff Recruitment Increases Staff Retention
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Increases Board Involvement, Opportunity for Board Development
Adds Additional Levels of Accountability Social and Financial
Process Builds Organizational Capacity Business Planning Opportunity Assessment Skills Team Building and Collaboration
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Earned Income Revenue Diversification Social Return on Investment Double/Triple Bottom Lines Mission-Venture Alignment Cross Sector Collaborations and
Partnerships
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Inability to Scale Insufficient Capital Structural Concerns Inability to Pay a Return on
the Investment Lack of Knowledge and
Expertise in the NFP Sector
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Policy Issues America Forward Nonprofit Missouri
Education: YouthBridge Workshops University College, GWB, Olin
Capital: Y-S.E.I.C. St. Louis Social Venture Capital Funds Arch Grants
Structure: Low-Profit Company (L3C)
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Deliverables:o Executive Summary
• Determines Semi-Finalistso Elevator Pitch:
• Determines Finalistso Sustainability (Business) Plano Final Presentations:
• Scoring of the Sustainability Plan + Final Presentations Determines the Winners
2011 Y-SEIC Awards Ceremony is Thursday
April 14th at 5:00 PM
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The Awards!
Over $600,00 in Social Venture Capital in Six Years
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YouthBridge Community Foundation $35,000 to fund a venture serving youth
Daughters of charity $25,000 to fund a venture serving women health
Lutheran Foundation: $35,000 to fund a venture serving women
The Skandalaris Center $25,000 to fund a venture with an innovative solution
that impacts social change $5,000 Student Prize for Most Valuable Teammate
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Under “Program” Select SEIC 2011
Download the Welcome Kit Description Process Criteria Seminars