Professional Documents
Culture Documents
ENTREPRENEURSHIP
Maria Fonseca, PhD,
Editor, Writer, Lecturer
mlusitano-santos@inseec-edu.com
DEFINITIONS SUSTAINABLE DEVELOPMENT
CHARACTERISTICS GOALS
VALUES HOW TO ANSWER THE GOALS 2
MISSION 1 IDENTIFYING A SOCIAL
PROBLEM
SOCIAL INNOVATION WRITING A MISSION
R 3
O THEORY OF CHANGE
THE SOCIAL
ECOSYSTEM 4
A PRACTICE PRESENTATIONS
ENTREPRENEUR
CHANGE MAKERS
D WHAT TYPE OF SOCIAL
ENTERPRISE?
5 6
M FUNDING CERTIFICATION
A MARKETING AND
COMMUNICATION
MEASURING IMPACT
P
7
SCALING
RISKS
PROJECTS
FEEDBACK ON DRAFT
FUTURE…
8 FINAL PROJECT
Assessment
•Attendance
•Participation
SOCIAL INNOVATION
SOCIAL ENTREPRENEURSHIP -
CONCEPTS, 3 COMPONENTS
HISTORY OF SOCIAL
ENTREPRENEURSHIP
FUNDING CERTIFICATION
MARKETING AND
M COMMUNICATION
MEASURING
IMPACT
A 7
P PROJECTS SCALING
RISKS
FUTURE… 8
1. DEFINITIONS AND
CONCEPTS
SOCIAL INNOVATION
Social innovation refers to the design and implementation of new
solutions that imply conceptual, process, product, or
organisational change, which ultimately aim to improve the
welfare and wellbeing of individuals and communities.
OECD ( https://www.oecd.org/)
WHAT IS SOCIAL
ENTREPRENEURSHIP ?
RESEARCH THE
FOLLOWING
COMPANIES:
1.DESCRIBE THE
COMPANY.
2.IN WHAT WAYS
ARE THEY
SOCIAL?
3.ARE THEY FOR
PROFIT OR NOT
FOR PROFIT ?
1.
https://www.ecosia.org/
2.
https://www.bridgeinternationalacademies.com/
3.
https://www.dlight.com/
4.
https://tonyschocolonely.com/uk/en
5.
https://www.youtube.com/watch?v=TH5mmBEMavI
LIFESTRAW
6.
https://eu.lifestraw.com
“Social entrepreneurship” designates a broader
range of socially innovative initiatives in a
spectrum from for-profit to voluntary
organizations. “Social enterprises” are a
subset of such activities in which commercial
models are used as the vehicle by which social
objects are achieved
(Nicholls 2006b; Thompson 2008).
“An organized
bottom up
effort aiming
at social
change.”
Ester Barinaga
THE THREE COMPONENTS
OF SOCIAL
ENTREPRENEURSHIP
Social
Environmental
Economic
SOCIAL ENTREPRENEURSHIP IS AN UMBRELLA TERM
Social Enterprises focus on working and enhancing
the SOCIAL CAPITAL within the community by
encouraging:
• participation
• inclusion
ROBERT OWEN
NEW LANARK, SCOTLAND
https://www.newlanark.org/
First Creche in the World
WATCH VIDEO:
https://www.youtube.com/watch?v=jk5LI_WcosQ
WHAT IS MICRO-CREDIT ?
https://www.youtube.com/watch?v=jk5LI_WcosQ
Microcredit
MICROCREDIT/ GRAMEEN BANK
INNOVATING MICROFINANCE
www.lendwithcare.org
DIFFERENCES BETWEEN SOCIAL ENTREPRENEUR
AND ENTREPRENEUR
SOCIAL Solving
Social Issue
ENTREPRENEUR Social Issue
DIFFERENCES BETWEEN SOCIAL ENTREPRENEURSHIP
AND ENTREPRENEURSHIP
COMPETITION “Win” for one business over Exists because no one else
others in a market adequately solving problem.
“Win” for society
CAPITAL Benefit from robust financial Contend with unpredictable and
and managerial services fragmented financing
MISSION
THE MISSION OF A SOCIAL ENTERPRISE
REFLECTS THE VALUES OF THE SOCIAL
ENTREPRENEUR
OR A PERSONAL EXPERIENCE…
MISSION - EXAMPLES
https://www.theguardian.com/travel/2020/feb/05/
bristols-old-police-headquarters-is-now-a-
boutique-hostel-with-a-social-conscience
WHAT COULD BE SOME
OF THE PROBLEMS?
https://www.fairphone.com/
https://bridgeinternationalacademies.com/
• Give disadvantaged children the
opportunity to achieve excellent education
in a global language.
MISSION - EXAMPLES
https://lendwithcare.org/
https://ecoalf.com/en/
https://www.socialenterprise.org.uk
KEY ELEMENTS OF SOCIAL
ENTREPRENEURSHIP
• Has a mission.
IDENTIFYING A PROBLEM
WRITING A MISSION
5 6
M FUNDING CERTIFICATION
A MARKETING AND
COMMUNICATION
MEASURING IMPACT
P
7
PROJECTS SCALING
RISKS
FUTURE…
8
RECAP OF LAST CLASS
SOCIAL SOCIAL
3 COMPONENTS
INNOVATION ENTREPRENEURSHIP
SOCIAL CAPITAL
MUHAMMAD YUNUS MICRO-CREDIT
2.
SUSTAINABLE DEVELOPMENT GOALS. MISSION. SOCIAL
ENTREPRENEURSHIP GOALS
WHAT ARE YOUR VALUES
?
MISSION
Memorable
Manageable
Measurable
Motivation
THINK OF A
PROBLEM IN YOUR
COMMUNITY
WHERE IS THE
OPPORTUNITY?
SUSTAINABLE DEVELOPMENT GOALS
A sustainable development
meets the needs of the present
without compromising the
ability of future generations
to meet their own needs.
It engages in concerted
efforts towards building an
inclusive, sustainable and
resilient future for people
and planet.
Download app
https://www.un.org/sustainabledevelopment/sustainable-development-goals/
1.CHOOSE ONE/TWO
SUSTAINABLE GOALS
CHANGE MAKERS
5 6
M FUNDING CERTIFICATION
A MARKETING AND
COMMUNICATION
MEASURING IMPACT
P
7
PROJECTS SCALING
RISKS
FUTURE…
8
RECAP CLASS
A COMMUNITY OF FISHERMEN
IN SPAIN WORKS IN A
EXTREMELY POLLUTED SEA.
IMAGINE SOME
POSSIBLE
SOLUTIONS.
IDENTIFY 2
PROBLEMS YOU
COULD FACE
BEES ARE
BECOMING
EXTINCT IN
SOUTHERN EUROPE
IMAGINE SOME
POSSIBLE
SOLUTIONS.
IDENTIFY 2
PROBLEMS YOU
COULD FACE
IMAGINE SOME
POSSIBLE
SOLUTIONS.
IDENTIFY 2
PROBLEMS YOU
COULD FACE
IMAGINE SOME
POSSIBLE
SOLUTIONS.
IDENTIFY 2
PROBLEMS YOU
COULD FACE
IMAGINE SOME
POSSIBLE
SOLUTIONS.
IDENTIFY 2
PROBLEMS YOU
COULD FACE
FOR
PROFIT
NON FOR
HYBRID
PROFIT
FOR PROFIT SOCIAL ENTERPRISE
https://www.patagonia.com
BRIDGE INTERNATIONAL ACADEMIES
https://www.bridgeinternationalacademies.com/
impact/
HYBRID SOCIAL ENTREPRISE
https://www.youtube.com/watch?v=i7HNmVMhpdE
ECOALF
https://ecoalf.com/en/p/upcycling-the-oceans-15
NON-PROFIT SOCIAL ENTREPRISE
https://www.greenpeace.org.uk/
CHARACTERISTICS OF THE SOCIAL ENTREPRENEURS
CHANGE MAKERS
CHANGE MAKERS
THE MISSION OF A
SOCIAL ENTERPRISE
REFLECTS THE VALUES
OF THE SOCIAL
ENTREPRENEUR
CONNECTED WITH A
PERSONAL SITUATION
OF SOCIAL
ENTREPRENEUR
OR A PERSONAL
EXPERIENCE…
not
content just to
how to fish.
they have
revolutionized the
fishing industry.”
Bill Drayton
THE SOCIAL ENTREPRENEUR
CHANGE
MAKER
RESULTS
ORIENTED RESOURCEFUL
STRATEGIC
Social entrepreneurs play the role of
change agents in the social sector by:
– Adopting a mission to create and sustain social value
currently in hand.
• Path breaker
• Ethical fibre
• Radical Thinking
• Results oriented
• Work Collaboratively
SOCIAL ENTREPRENEURS:
THE IDEAL CHARACTERISTICS
• Path breaker
• Ethical fibre
• Radical Thinking
• Results oriented
• Work Collaboratively
MARY GORDON
STRATEGIC
RESOURCEFUL
RESULTS ORIENTED
“Give
Yourself
Permission to
Say I’m Going
to Change
This
Situation.”
Bill Drayton
COLLABORATIVE
WHAT ARE
YOU
CHANGING?
GO TO YOUR GROUP - IMAGINE THAT
YOU ARE A GROUP OF CHANGE
MAKERS.
STRATEGIC?
RESULTS ORIENTED?
COLLABORATIVE?
MARKETING
??
GO TO FORBES AND CHOOSE ONE SOCIAL ENTREPRENEUR.
PRESENT IT TO CLASS.
https://www.forbes.com/30-under-30/2020/social-
entrepreneurs/#63260f4a4330
TASK FOR NEXT WEEK
THEORY OF CHANGE
ECOSYSTEM
DEFINITIONS
CHARACTERISTICS SUSTAINABLE DEVELOPMENT
VALUES GOALS
MISSION
1 HOW TO ANSWER THE GOALS 2
SOCIAL IDENTIFYING A PROBLEM
WRITING A MISSION
R INNOVATION
FUNDING
MARKETING AND
CERTIFICATION
M FAIR TRADE/B CORP
COMMUNICATION
MEASURING 6
A 7 IMPACT
P PROJECTS SCALING
RISKS
FUTURE… 8
KEY TAKE AWAYS
SOCIAL
ENTREPRENEUR
CHANGE MAKER COLLABORATIVE
STRATEGIC RESULTS
RESOURCEFUL
ORIENTED
4.
THEORY OF CHANGE
THEORY OF CHANGE
IF … THEN
THEORY OF CHANGE
EXAMPLE
THEORY OF CHANGE OF:
TEACH FOR AMERICA
1.IF
THEN
https://www.dlight.com/
WHAT IS THE THEORY OF CHANGE IN
REVOLUTION FOODS ?
www.revolutionfoods.com
https://www.toms.com/uk
GO TO YOUR GROUP
WHAT ARE
YOU
CHANGING?
INFORMATION INFRA-
STRUCTURE
AND AND HUMAN
NETWORKS CAPITAL
Supporting the
social
enterprise
2.Government Agencies
5.Conferences/Networking Events/Meetups
6.Co-working Spaces
7.Ambassadors
8.Influencers
9.Volunteers
EXAMPLE - SOCIAL ENTERPRISE HUB IN LONDON
https://kingscross.impacthub.net/
EXAMPLE - SOCIAL ENTERPRISE UK
https://www.socialenterprise.org.uk/
ACTIVITY - DEFINE YOUR ECO-SYSTEM
FUNDING
FUNDING
MARKETING AND
CERTIFICATION
M FAIR TRADE/B CORP
COMMUNICATION
MEASURING 6
A 7 IMPACT
P PROJECTS SCALING
RISKS
FUTURE… 8
9.
FUNDING
FUNDING
Impact investing
Primary driver is Primary driver is
Achieve measurable social impact
Social value financial value
Alongside financial return
TRADITIO SOCIAL
NAL ENTERPR
TRADITIONA
CHARITY L BUSINESS
ISES
Purely charitable Additional Potentially Social Mission driven CSR Pure profit
funding market based self-sustaining Business: for profit corporate orientation:
From grants, donations, revenue >75 market Profits are enterprise philanthropy Mainstream
endowment stream revenues reinvested B corp (Target for SRI) investors
https://www.youtube.com/watch?v=jv3oKGUbCPo
FUNDING
FUNDING
https://www.schwabfound.org/
ASHOKA
https://www.ashoka.org
SKOLL FOUNDATION
http://skoll.org/
ACTIVITY - HOW WILL YOU FUND YOUR
COMPANY?
FAIRTRADE
https://www.fairtrade.org.uk/
FAIRTRADE
https://www.youtube.com/watch?v=V-VFZUFJwt4
CERTIFICATION
CERTIFICATION
CERTIFIED B CORPORATION
TASK
https://bcorporation.net/directory
REPORT TO CLASS
SOCIAL ENTREPRENEURSHIP
CERTIFICATION
SOCIAL ENTREPRENEURSHIP
CERTIFICATION
Overview of class 6
MEASURING IMPACT
DEFINITIONS
CHARACTERISTICS SUSTAINABLE DEVELOPMENT
VALUES GOALS
MISSION
1 HOW TO ANSWER THE GOALS 2
SOCIAL IDENTIFYING A PROBLEM
WRITING A MISSION
R INNOVATION
FUNDING
MARKETING AND
CERTIFICATION
M FAIR TRADE/B CORP
COMMUNICATION
MEASURING 6
A 7 IMPACT
P PROJECTS SCALING
RISKS
FUTURE… 8
YOU, AS A LOOK FOR A PROBLEM AND
GROUP OF OPPORTUNITY
CHANGE
MAKERS… WRITE YOUR MISSION
https://www.triodos.co.uk ETHICAL
MISSION AND COMMUNICATION
ACTIVISM/PURPOSE
MISSION AND COMMUNICATION
SURPRISE
https://www.greenpeace.org.uk/news/boris-johnson-surprise-visit-
MISSION AND COMMUNICATION
https://www.dlight.com/social-impact/
SOCIAL IMPACT: HOW TO MEASURE
(Example)
https://www.toms.co.uk/where-we-give
SOCIAL IMPACT:
SOCIAL IMPACT:HOW TO STUDY
CASE MEASURE
(Example)
https://www.bridgeinternationalacademies.com/
impact/
ENVIRONMENTAL IMPACT: HOW TO
MEASURE (example)
https://eu.patagonia.com/gb/en/resource-use.html
ACTIVITY - HOW WILL YOU MEASURE THE IMPACT OF
YOUR COMPANY?
RECAP
FINAL PROJECTS
SCALING/RISKS
FUNDING
MARKETING AND
CERTIFICATION
M FAIR TRADE/B CORP
COMMUNICATION
MEASURING 6
A 7 IMPACT
P PROJECTS SCALING
RISKS
FUTURE… 8
FINAL
PROJECT
http://skoll.org/community/awardees/
SCALING
TASK
https://www.youtube.com/watch?v=dFA3GXAox7o
CRITICISM
TO SOCIAL
ENTREPRENEU
RSHIP
SESSION 4
ACTIVITY - HOW WILL YOU MEASURE THE IMPACT OF
YOUR COMPANY?
Contextually
Strategically
Programatically
Financially
https://www.youtube.com/watch?v=zCRKvDyyHmI
SOCIAL ENTREPRENEURSHIP AND THE FUTURE
NEW TECHNOLOGIES
SOCIAL ENTREPRENEURSHIP AND THE FUTURE
https://www.technologyreview.com/s/531726/technology-and-inequality/
CORPORATE SOCIAL RESPONSIBILITY
https://www.youtube.com/watch?v=51-PtVkYdrY
TASK
THEORY OF SOCIAL
SDGS
CHANGE ENTREPRENEURSHIP
SOCIAL CAPITAL
IMPACT CERTIFICATION
KEY TAKE AWAYS
http://www.whocaresfilm.com/
Social Entreprises… are businesses with an heart…
“The meaning of life (...) it’s the people you spend your life with—the connections you make.”
Reid Hoffman