insf challenge presentation oct 2014

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IN Santa Fe's Social Entrepreneur Challenge

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Page 1: Insf challenge presentation oct 2014
Page 2: Insf challenge presentation oct 2014

In 2012 a small group that included Regenesis Group, the Story of Place Institute, Santa Fe Innovation Park, and a pair of local funders coalesced around the notion that an opportunity exists to grow a more robust local ecosystem for supporting impact investing and social enterprise through:

• Connecting individual efforts• Elevating perspectives to a systemic level• Building upon the unique qualities inherent in our local

region 

Page 3: Insf challenge presentation oct 2014

Designed and hosted a three-part working dialogue series on impact investing, engaging participants from the private, public, and philanthropic sectors

Spring, 2013

Page 4: Insf challenge presentation oct 2014

• Made up of the leaders and other volunteers from the dialogue series

• The role of the team was to:o Identify governing principleso Identify local needs o Plan subsequent steps

Fall, 2013

Organizing Team

Page 5: Insf challenge presentation oct 2014

Supply Side

• Education and capacity building among potential investors

• Development of a knowledge base to make more informed decisions

• Early successes to build investor confidence

Connections Between

Greater infrastructure and shared capacity for leveraging resources and increasing connectivity between stakeholders:• Information sharing and

social networks• Policy and regulatory

changes• Shared metrics systems• Investment pooling

vehicles • Investment intermediaries

Demand Side

• More, and more viable, local social enterprises that can be invested into

• Attract and build entrepreneurial talent to successfully drive these enterprises

Identifying Local Needs

Page 6: Insf challenge presentation oct 2014

Building a collaborative community network for learning and experimentation, dedicated to building shared learning, information, capacity, and support for growing a more robust, place-sourced impact investing and social entrepreneurial ecosystem in the Santa Fe/Northern NM region (and other regions that wish to adopt this model)

LaunchedSpring, 2014

Phase 2

Page 7: Insf challenge presentation oct 2014

Local Impact Investing

Infrastructure

Financial Investors

Web Platform

Value Adding Enterprises

INSF Challenge

Impact Metrics

InvestmentVehicles

Public Events/Series

SFAISoc Ent

Workspace

Startup Weekendw/SFBI

Page 8: Insf challenge presentation oct 2014

Finance Innovation

Page 9: Insf challenge presentation oct 2014

PlaceSystemic Impacts

(Aims/Goals/Indicators)

SectorOutcomes

EnterpriseOutputs

Indicators & Metrics

Page 10: Insf challenge presentation oct 2014

Web Platformsfimpact.org

Thanks to a generous grant from the Santa Fe Community Foundation, INSF is in the process of developing a web platform to support the growth of our local impact investing and social entrepreneurial community.

Page 11: Insf challenge presentation oct 2014

Startup Weekend

Page 12: Insf challenge presentation oct 2014

Applications due Oct. 15th

The IN Santa Fe Challenge

Viable Business PlanEntrepreneur

Team

5-month accelerator

Integrated Business Plans that Leverage Systemic Impact in the Community

Page 13: Insf challenge presentation oct 2014

Who Should Apply?

A mission-related business

looking to leverage their

impact

An existing organization

launching a new social venture

A new social venture start-up

An entrepreneur with a viable social

enterprise idea

Page 14: Insf challenge presentation oct 2014

What Are We Looking For?

Commitment to Launch

Willingness to Learn and Test Assumptions

Viability of the Venture

Team Makeup (Skills, Experience and Track

Record)

Venture’s Potential for leveraging

Impact

Motivation and ability to commit to

the program

Page 15: Insf challenge presentation oct 2014

Selection Process

Interview & Proposal Deadline

Mini-Application Deadline

Final Selection

Applicant Finalists Selected

Oct. 15th

Week of Oct. 20th

Nov. 10th

Nov. 17th

Page 16: Insf challenge presentation oct 2014

How Will it Work?

December

January

February

March

April

Opening Public Event Opening Session: Orientation and Self- Diagnostic

Integration Session

Integration Session

Integration Session

Individualized Learning Plan

Capstone Public Event Closing Session: Tying it all

together

Page 17: Insf challenge presentation oct 2014

What’s Being Offered?

Peer-to-Peer Support

Individualized mentoring and

coaching

Connection to a growing network of

impact investors

Organization & Business

development support

Support in developing an

integrated impact business plan

Free Business Promotion

Connection to a larger network of ongoing resources

Page 18: Insf challenge presentation oct 2014

Please contact INSF’s coordinator:

Andrea Romero [email protected]

Page 19: Insf challenge presentation oct 2014