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2012 Conference November 23 – Richmond, BC. Employment Opportunities. Cultural Capital. Social Capital. Creating Healthy Communities. Economic Capital. Environmental Capital. Economic Diversity.
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2012 Conference November 23 – Richmond, BC
Employment Opportunities Cultural Capital Social Capital Creating Healthy Communities Economic Capital Environmental Capital Economic Diversity
Social Enterprise is another tool to help build strong non-profits and healthy communities… SOCIAL ENTERPRISE IS A “VERB”!
What is Social Enterprise? A business operated by a non-profit… • Directly involved in selling goods or services to customers. • For the blended purpose of: • generating income from sales and • achieving social, cultural or environmental aims.
Social Return on Investment Blended Value Return on Investment Social Enterprise Seeks a Blended Return on Investment Financial Return on Investment Return on Investment
Business Model Continuum For Profit / Private Ownership Not-for-Profit Ownership Donations Fee for Service Social Enterprise Socially Responsible Business CSR Strictly Seeks Profit Blended Return on Investment
Non-Profit Continuum Traditional Models Social Enterprise Models SUBSIDIZEDSupported in part with other funds. Gifts Donations Fee for Service SELF-SUSTAINING Supports itself from sales income. PROFITABLE Income exceeds expenses.
Why non-profits start social enterprises… • Fill a community need in the market • Advance their mission • Contribute to financial sustainability
Local Market Need • Vancouver Farmers’ Market • Vernon Community Dental Access Centre • Skeena Bakery
Employment and Training • Potluck Café & Catering • Just Works • MP Enterprises in Vancouver • Trail Community Living • Prince George Prison Canteen Service
Mission • Higher Education Society – Haida Gwaii • Fire Hall Theatre • Valemount Curling Club
Financial Sustainability • Restore: Habitat for Humanity • 10,000 Villages • Atira Property Management in Vancouver • MCC Thrift Stores • Prince George Friendship Centre
Not a Quick & Easy Source of Cash Not a Silver Bullet Won’t Solve DysfunctionalBehaviour Reality Check
What to measure in a social enterprise… www.DemonstratingValue.org
Building a Social EnterpriseThe Development Path What could we do? How will it work? What next? Open the doors Financing Space Staff Marketing Etc. Demonstrating Value Business Mission Organization Will it work? Is the non-profit ready?
Strengthening your Skills Toolkit • Governance • Leadership • Blended Value Design • Product & Markets • Business Operations • Customer Relations • Marketing • Risk Management