presentation to sustainable resources conference boulder
DESCRIPTION
Presentation to SR 2004 Conference Boulder, CO on University Based Social Entrepreneurship CentersTRANSCRIPT
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PRESENTATION TO PRESENTATION TO SUSTAINABLE RESOURCES SUSTAINABLE RESOURCES
CONFERENCE, BOULDER, CO. CONFERENCE, BOULDER, CO. OCTOBER 2, 2004OCTOBER 2, 2004
Mark PomerantzMark Pomerantz
SOCIAL PROFITSSOCIAL PROFITSwww.socialprofits.comwww.socialprofits.com
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Social Entrepreneurship Centers and Sustainable
Community Organizations
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WHAT’S THIS ALL ABOUT?WHAT’S THIS ALL ABOUT?
• Raising people out of poverty
• Giving young people more marketable skills
• Promoting the local economy with it’s eco-efficiencies
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WHAT’S A SUSTAINABLE WHAT’S A SUSTAINABLE ORGANIZATION?ORGANIZATION?
• Empowerment — a culture of listening
• Asset Based — using ideas and contacts to generate new resources
• Uses Marketing and Technology
• Develops Effective Strategic Partnerships
• Fund Development Tripod — grants, donors, earned income
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INTRODUCTIONINTRODUCTION
Social entrepreneurship can be defined as the development of innovative, mission-supporting, earned income, licensing, or job creating ventures undertaken by individual social entrepreneurs, nonprofit organizations, or nonprofits in association with for profits.
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INTRODUCTIONINTRODUCTION
Social entrepreneurship is both an approach to assisting “hard to serve” disadvantaged populations and financially sustaining the individuals and organizations that support them.
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THE NEEDTHE NEED
Social entrepreneurs have the following needs: • Generalized organizational capacity building;• Generalized technical assistance for nonprofit
enterprises; • Basic enterprise development assistance for start-
ups; • Access to venture capital fund(s); • Working relationships with government agencies
and college/university entrepreneurship and business programs; and
• Development of local peer support networks.
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THE MODELTHE MODEL
A college/university based social entrepreneurship center to provide technical assistance to nonprofit social entrepreneurs, social purpose businesses, disadvantaged small business entrepreneurs, and small socially responsible locally based businesses.
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THE MODELTHE MODELElements & Academic OpportunitiesElements & Academic Opportunities
• Student learning opportunities
• Opportunities for student and faculty research
• Opportunities for student field internships
• Opportunities to mobilize volunteers in the business community.
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THE MODELTHE MODELExisting ProgramsExisting Programs
Sterling College, Sterling, Kansas
• Entrepreneurship Center----Minor in Social Entrepreneurship in either the Department of Business or Entrepreneurship or in several other academic specialties.
• Service Learning and Social Entrepreneurship are combined in the Center and reinforced by strategic partnerships with Habitat for Humanity and World Hunger Foundation.
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THE MODELTHE MODELExisting ProgramsExisting Programs
Roberts Wesleyan College, Rochester
• Institute for Social Entrepreneurship, collaboration involving the Division of Business Administration & Management and the Division of Social Work & Social Science
• Institute utilizes paid student interns to work with community agencies, the schools and small businesses to boost their entrepreneurial capacities
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THE MODELTHE MODELExisting ProgramsExisting Programs
University of Washington, Seattle
• Business and Economic Development Program, University of Washington Business School
• Program utilizes MBA interns to work with small businesses and local business associations to boost their entrepreneurial capacities
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THE MODELTHE MODELTasks And ServicesTasks And Services
• Technical Assistance to Community Nonprofit Organizations
• Assistance to Secondary Schools and Youth Organizations on Developing Youth Entrepreneurship Programs
• Discounted Consultation to Socially Responsible Businesses and Disadvantaged Small Business Entrepreneurs
• Develop Working Relationships with Community Nonprofit Organizations to Promote Social Entrepreneurship
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THE MODELTHE MODELTasks And Services (Cont.)Tasks And Services (Cont.)
• Develop Social Entrepreneurship Peer Support Network/ Forum
– Information Exchange on SE– Brokerage of Nonprofit Collaborations and Ventures– Development of Relationships/Collaborations Between
Nonprofit Organizations and Socially Responsible Business Entrepreneurs
– Development of Relationships with Venture Philanthropists
• Develop, In Partnership, Annual Social Venture Fair(s) • Develop Curricula for Introduction to Social Entrepreneurship
and Additional Coursework for Training Social Entrepreneurs
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THE MODELTHE MODEL StaffingStaffing
• Center Director - Attributes – Entrepreneur– Teaching Experience– Partnership Building Experience– Ability to Provide/Create “Bridging Social Capital”
• Center Director – Responsibilities – Teaching– Fundraising/Public Relations– Mentoring – Developing Sustainability Plan– Developing Contacts with other Departments Within the
College-University– Developing Relationships with Other Colleges (College SE
Network) – Developing Locally Based Social Enterprise Initiatives with
Foundations, Governments, and Other Funding Partners
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THE MODELTHE MODEL StaffingStaffing
• Assistant Director – College Faculty Member with Expertise in Research
Evaluation and Curriculum Development
• Student Interns – Work on Business Planning– Work on Youth Entrepreneurship Curriculum Development
and Training
• Volunteer Coaches– Work with Student Interns on Business Planning and
Mentoring – Are Recruited Through Local Chambers of Commerce, Social
Venture Partners, Rotary and other Business Organizations, Young Entrepreneurs Organization, World Entrepreneurs Organization, Business For Social Responsibility, and Net Impact
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OUTCOMESOUTCOMESAdvancement of the FieldAdvancement of the Field
– Research and Evaluation
– Training
– Consulting
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OUTCOMESOUTCOMESAdvancement of the FieldAdvancement of the Field
– Research and Evaluation • Research on Social Return on Investment • Impacts Of Client Earned Income On Service
Components Of Entrepreneurial Social Service Nonprofits
• Impacts of Client Earnings on Community Support Network
• Research on Venture Philanthropy • Impacts of Multi-Year Support and Hands On
Assistance on Nonprofit Organization Sustainability• Impacts on Social Justice System• Impacts on Family Income/Local Economy• Impacts on School Performance
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OUTCOMESOUTCOMESAdvancement of the FieldAdvancement of the Field
– Training • Nonprofit Executives
• Degree and Certificate Programs
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OUTCOMESOUTCOMESAdvancement of the FieldAdvancement of the Field
– Consulting• Develop Youth Entrepreneurship Efforts • Assist Nonprofit Organizations with Capacity
Building and Organizational Sustainability • Assist Socially Responsible and/or Community
Oriented Small Businesses with Strategies for Sustainability and Increased Competitiveness
• Develop Social Venture Fairs and Venture Philanthropy Programs.
• Work with Foundations (e.g., Ashoka) to Develop Case Studies of Funded Social Entrepreneurs.
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OUTCOMESOUTCOMESDevelopment of Integrative Strategy for Development of Integrative Strategy for
Entrepreneurial Community DevelopmentEntrepreneurial Community Development
• Strengthen community nonprofit charitable agencies.
• Enable small businesses to find more secure market niches in face of increased outside competition
• Lay the foundation for future strong local small businesses through youth entrepreneurship training
• Strengthen the local economy through all the above integrative measures