social enterprise alliance summit live!
TRANSCRIPT
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Building Blocks of Social Enterprise
• Knowledge, Information & Best Practices
• Marketplaces for Social Enterprise
• Capital Flow to the Sector• Supportive Public Policy• The Best Talent • The Care of Mind, Body,
Spirit
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Knowledge, Information, & Best Practices• Movement is reaching a higher stage of
maturity – moving from good to results• Impact is IN, Innovation is OUT– Pure innovation vs. adaptive innovation– Impact is the new bottom line– Social genius is 20% innovation and 80% impact
• Thinking about building social entrepreneurial ecosystems
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Knowledge, Information, & Best Practices• Building social entrepreneurial ecosystems
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Marketplaces for Social Enterprise
• Buying social enterprise – Linking social enterprises
together– Raising awareness among
consumers
• Encouraging social enterprise purchasing
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Supportive Public Policy
• Past Success– Office of Social Innovation– Social Innovation Fund
• Today– Federal
• SEEED (Social Enterprise Ecosystem and Economic Development)
– State & Local• Illinois Task Force• Proclamations for “Social Enterprise Week” (Week of May
19) were signed by 12 governors and mayors, including Texas
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Capital Flow to the Sector
• Background– Access to capital is an on-going challenge for
nonprofits.– Traditional funding sources (banks) set a higher
bar for nonprofits.– SBA Loans are not available
• Innovative Tools– Impact Investing– Social Impact Bonds/Pay for Success
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The Best Talent
• Candidates– Baby boomers who want to give back –Millennials who want to find meaningful
work• Skills-based volunteering is becoming
more popular with organizations such as A Billion + Change, Taproot Foundation, and Deloitte.
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Care for the Mind, Body, and Spirit
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• Social entrepreneur professionals face challenges in balancing several competing priorities.• Profit AND mission• Innovation AND impact
• The role of the transformational leader calls for moving beyond ourselves. • Servant leadership• “Am I part of the solution or part of the
problem?”• “Where is the best use of my time/energy?”
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Greater Cincinnati Regional
Seattle
Questions?
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