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UnLtd

One Church One Hundred Uses Social Entrepreneurs: Backing people with passion Cliff Prior UnLtd: the Foundation for Social Entrepreneurs www.unltd.org.uk www.unltdworld.com twitter @UnLtd http://www.facebook.com/UnLtd. UnLtd.

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UnLtd

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  1. One Church One Hundred UsesSocial Entrepreneurs: Backing people with passionCliff PriorUnLtd: the Foundation for Social Entrepreneurswww.unltd.org.ukwww.unltdworld.comtwitter @UnLtdhttp://www.facebook.com/UnLtd

  2. UnLtd Reaching outand unleashing the energies of people to transform the world in which they live. We call these people social entrepreneurs. Working for: A world where people act to make it better www.unltd.org.uk

  3. UnLtd philosophy Back people first, projects second Communities which face problems contain the people who will create the solutions Minimise bureaucracy, maximise opportunity, trust judgement, back hunches If there is a question about what is best, act and then learnfrom the results

  4. We support a social entrepreneurs from first steps to scaling up • UnLtd Advantage and Level 3support focuses on replication and scaling up with investment readiness support and brokerage • Level 2support focuses on freeing up an individual’s time to develop a project • Level 1support focuses on first steps, building entrepreneurial capacity

  5. UnLtd* position in the sector: early stage and needing support Money Support Others AWs AWs UnLtd* Early Later

  6. UnLtd strategy for the austerity age • Social and community entrepreneurs at the heart of rebuilding our society • They are plentiful and create major benefits • So get more support and more local support for community level social entrepreneurs • Drive growth in the social ventures with highest potential for scale, to replace public services • Reducing regulatory & other barriers to entry:eg venture-lite model, altered procurement • Build the ecosystem of support for social entrepreneurs and their ventures • www.unltd.org.uk/socialfuture

  7. Some real stories... Annys Darkwa: Vision Housing Phil Conway: Cool2Care Matthew Bolton: Living Wage Campaign BasharatNajib: Voice of Aston Alex Grayson: Empower

  8. Who are Social Entrepreneurs? 238,000 people trying to start (0.4%) 1.7m people leading one now (2.8%) Majority small / 90% informal Gender balanced Peak age 30 - 45 40% Minority Ethnic (cf 10% average) 53% degree or professional A third from 20% most deprived areas

  9. The power law of numbers vs scale 1K giants

  10. Benefits and impactEconomic impact* Social impact* Social innovation* Social capital* Confidence to act*

  11. Diversity Community HealthEmployment Sport Social care HousingRefugees Criminal justice Food miles Recycling Carbon reduction Community regen Education Digital social Advice Volunteering FaithGang culture CampaignsTraining Organic food RegenerationYouth work SafetyHeritageCulturePeace building CrowdsourcingSocial investment Fair finance And things so lateral they defy description

  12. What are the qualities you need for success as a social entrepreneur?

  13. All these Passionate Solution focused Determined Resourceful Talented Entrepreneurialperson Risk taker StrongVision Resilient Seize opportunity Willing to makesacrifices Can do Committed Motivated Self aware

  14. And none of these Passionate Solution focused Determined Resourceful Talented Entrepreneurialperson Risk taker StrongVision Resilient Seize opportunity Willing to makesacrifices Can do Idiosyncracy Rules OK! Committed Motivated Self aware

  15. There are many ways to be a social entrepreneur

  16. Innovation or replication?Innovation * Implementation* Applying something to a new field * Replication *

  17. What is the currency?Money * People power* Trust * Media/celebrity *

  18. What is the market?Business to business* Public service contract * Fundraising *Community support *

  19. What style of leadership?Charismatic * Visionary * Operational *Barrow boy/girl * Professional *

  20. Two major motivationsBiographic * Career * ...trending towards a mix

  21. Two key notes to rememberYou don’t have to be a saint * You don’t have to be a superhero *HalosLycra

  22. 4 Tips for successBe selfish! * Don’t do it all yourself *Big vision small steps * Cash is king *

  23. 5 hintsDon’t wait – do it! * Network like crazy *Use mistakes as free education * Place yourself in the path of luck *

  24. Raising resourcesPerson, idea, deliverySeed > angel > VCCharity-socent-socbizCash-talent-connectionPartners, value chainLean design

  25. So what are you going to do about it?www.unltd.org.ukwww.unltdworld.comtwitter @UnLtdwww.facebook.com/UnLtd

  26. The Pipeline is fragmented: First Trading Early stage £100k - £500k Trading record £1m plus Later stage Pre entry Thinkers Starters Doers Scalers Builders Gap in support L0 L1 L2 L3 Gap for initial risk capital Supply of risk capital for growth has improved in UK

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