Here are the digital resources from our FUEL Training workshop held in London on June 13th and 14th, 2017.
Doing well by doing good! Social enterprises use business strategies to achieve a social or environmental impact. They are a nonprofit organization, cooperative or for-profit business with two goals: to maximize impact AND maximize revenue.
One of the key questions we get asked at Pillar is how the social enterprise should be structured. Not-for-profit vs for-profit are the two most common options, with charities, co-operatives and Social Benefit Corporations as well as B Corp Certified as other questions.
Theory of Change sounds complicated but it's really about having the socialpreneur or the organization set a compelling vision and mission for the work they are doing. A framework is created so that the entrepreneur knows what outcomes and goals of the business are. From this, a link between what their activities and achievement of long-term goals is clearn and can be easily understood.
Speaker: Rachel Berdan of Ellipsis Digital email@example.com
B Corps are for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. Today, there is a growing community of more than 2,100 Certified B Corps from 50 countries and over 130 industries working together toward 1 unifying goal: to redefine success in business. B Corp is to social enterprise what fair trade certification is to coffee.
Speaker is Karen Minty from www.FortyHours.com. firstname.lastname@example.org
Storytelling is not just for little kids. Forbes Magazine says entrepreneurs who master storytelling win more.
Stories persuade people. For social enterprises, stories help tell people and potential clients about the impact that the venture is creating. Telling the story of impact is about more than just a marketing piece for entrepreneurs.
Access to funding for social enterprises is an identified gap in Ontario, and a challenge for social start-ups. VERGE Capital in London is branching out regionally to help bridge this gap.
What is social procurement or social purchasing? Social Purchasing is simply adding a social value to your existing purchasing. You can generate business and community value without added costs. Social purchasing adds a social value consideration to your current evaluation of price, quality, and environment of the goods and services you purchase.
Our vision is a world where human enterprises no longer merely attempt to do less harm, but instead set at their core the goal of sustaining the possibility for human and other life to flourish on this planet forever (John Ehrenfeld, MIT). A future where successful enterprises create tri-profit: social benefits, environmental regeneration and financial returns. Such enterprises will have unprecedented levels of innovation, accountability and transparency across entire inter-dependent social, environmental and economic value systems.
Social Enterprise doesn't have an official definition - at least not yet. We define social enterprise using the business continuum, showing the progression from for-profit business through to Charity.