creating a campus-based social innovation ecosystem …€¦ · 23/11/2012  · creating a...

CREATING A CAMPUS-BASED

SOCIAL INNOVATION ECOSYSTEM

GLOBAL MODELS// LOCAL CASE STUDY

James Halliday (Koç University)

November 23, 2012

Why is the university an ideal setting for

social innovation to flourish?

Social Innovation – On Campus

Matching Mission & Values

Universities – in particular, foundation universities –

are themselves social enterprises.

Foundations – through the work of their endowments –

can be first-mover impact investors.

Blended Value Proposition:

1) Multiple Revenue Streams

2) Beneficiaries & Customers

3) Demonstrable Social Impact

4) Mission & Values at the Strategic Core

5) Impact-driven Investment

(Program-related Investment, or PRI)

Learn & Localize

Global Examples

CAMPUS Y

(UNC –

Chapel Hill)

1)Workspace

2)Funding

3)Capacity

4)Expertise

5)Partners

CAMPUS Y

(UNC –

Chapel Hill)

From Innovation to Impact In January 2012 a selection team of social innovation and

entrepreneurship experts from UNC-Chapel Hill and the broader

community evaluated 17 teams competing for seed capital,

dedicated workspace and equipment, capacity-building

workshops, and expert coaching services. Two for-profit and

two non-profit teams were chosen as the

Incubator's first full-time residents, qualifying them

for $15,000 in seed capital to be disbursed over

their 18-24 month incubation period.

In the Social Innovation Incubator's first semester (Spring 2012), the

Campus Y held workshops on legal and financial liability, non-

profit incorporation, organizational messaging, strategic business

planning, board development, grant writing and marketing that

were also open and promoted to a campus-wide audience.

Incubator startup teams and aspiring UNC social

entrepreneurs were able to leverage the expertise

of leading social enterprise CEOs, renowned

global philanthropists, and distinguished UNC

alumni and professors.

Social Innovation Incubator

The SII offers two incubation programs:

Vector Program members receive tailored, one-on-one consulting, access to

advisors, and discounts on services and events. The Vector Program is focused on

social enterprises with an established business model that are currently generating

revenue and/or hold significant, proven IP. Membership is by invitation only.

Circuit Program members move through a six-month incubation program together.

Small group meetings every other week alternate between workshops delivered

by local experts and facilitated peer-mentoring sessions. The program uses the

Lean Startup methodology, Business Model Canvas, and customer discovery

process to guide development of successful social enterprises. Those who

successfully complete the program are invited to participate in the Social

Innovation Expo and Demo Day (formerly Pitch Fest) in June

"The most incredible part of the journey

was being in the field with the people

of India and seeing social impact take

shape. No classroom alone could offer

this kind of inspiring and humbling

experience."

Find Local Applications from a World of Ideas

1) Institutional & Discovery Partners – in Silicon Valley

2) Vast Mentor Network

3) In-residence “boot camp” – on SCU campus

4) Business plan development & presentation skills training

5) Connecting GSBI enterprises to impact investor networks

6) Grants & Fellowships

Top-level coaching for selected entrepreneurs

• a senior expert in social entrepreneurship;

• special advisors (tax, finance, strategy);

• students and alumni of the Social Entrepreneurship Chair at ESSEC;

• group training on all key issues related to the development of social

enterprises.

Leading social enterprises

As the Rothschild-Antropia Program identifies only the best in what is available

in the “social market” for scaling-up, it has defined strict selection criteria,

including:

• significant and demonstrable social impact

• a proven track-record in revenue-generation

• outstanding potential for development and/or expansion

• effective contribution to Social Return on Investment (SROI)

Rothschild Foundation Support –

Program-related Investor

The Experiment Fund @ Harvard

The Rise of the

Student-Entrepreneur

Pieces of the Puzzle

Emerging Social Innovation Ecosystem

@ Koç University

Engagement Menu: Pipeline & Projects

1) International social venture competitions

1) Global Social Venture Competition (GSVC)

2) Hult Prize

2) KU Global Aid – service learning initiative

3) KU – Sarıyer Muncipality “collab”

4) KU Social Impact Forum (KUSİF)

5) KU Entrepreneurship Center

6) Kampüs Kapital

Global Social Venture Competition

- Largest student-organized social

venture competition in the world

-Koç University selected as

Outreach Partner for the reigon in

2011

-Mentor matching, info sessions, &

interactive workshops

- 2 teams from Turkey / region

advance to London Business School

for Regional Finals, with the chance

to win 50.000 USD at Global Finals

at Haas/Berkeley

gsvc.ku.edu.tr

Hult Prize 2013

THEME: Global Food Crisis

- Co-sponsored by the Clinton

Global Initiative – 1M USD startup

capital for winning social venture

-Koç University fielding a selection

of interdisciplinary teams

- Close faculty-student cooperation

KU Global Aid Service Learning in Turkey & the Region

KU – Sarıyer Municipality “Collab”

http://www.sariyer.bel.tr/Mudurluk/18/Proje/1446/sariyer-belediyesi-ve-koc-

universitesi-gucbirligi.aspx

“Enterprise Solutions for Local Development: Social Entrepreneurship in Context

Goals:

1) Awareness raising about

ways entrepreneurship can

target both local

development and societal

challenges

2) Outline the opportunities in

the municipality where both

sides can collaborate on

results-oriented projects

3) Build social venture teams

ready to submit an Executive

Summary to the GSVC

KU Social Impact Forum (KUSİF)

Creating, measuring and communicating social impact

KU Sustainable Campus: A Holistic Approach

Management

• Resources use such as energy, water, and renewable resources

• Waste, recycling and institutional carbon emissions

• Transport

• Procurement

• Sustainable campus development – housing and buildings and as well as landscape.

Research

• Research and grants on sustainability topics

Education

• Curriculam Development relevant to sustainability issues

Other supporting activities to be a

sustainable campus

• Guidance on sustainabilty related objectives

• Community engagement

• Implementation of sustainability policies and efforts

• Corporate governance

• Implementation of sustainability policies and efforts

• Awareness raising and communication activities

Highlights: Green IT, Carbon emission reduction goals for 2023, water & air quality monitoring

KU Entrepreneurship Center

9 Focal Areas:

1) High-tech entrepreneurship

2) Web & Mobile app, E-commerce entrepreneurship

3) Social Entrepreneurship

4) Women Entrepreneurs

5) Business models & entrepreneurial strategy

6) Corporate Entrepreneurship

7) Open innovation, licensing, crowd-sourcing, R&D alliances etc.

8) Entrepreneurial finance, venture capitalists, angel investors, IPOs.

9) IP & legal issues

Kampüs Kapital

Why 2K? Investing in the Social Innovation Ecosystem

at Koç University

Establishment of an innovation fund that will provide seed capital for

for targeted sectors or themes

For 2013:

We have made the first allocation of 15.000 TL – to be disbursed

to a selected enterprise incubated at KU.

THANK YOU.

James Halliday

jhalliday@ku.edu.tr