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SOCIAL ENTREPRENEURS IN SOCIAL HOUSING Cliff Prior, CEO UnLtd UK Web: www.unltd.org.uk Twitter: @UnLtd @cliffprior #socent Social Enterprise and Housing Conference and Exhibition 2014 1

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Page 1: 1 SOCIAL ENTREPRENEURS IN SOCIAL HOUSINGs3-eu-west-1.amazonaws.com/...and_social_investment... · EMPOWER COMMUNITY Alex Grayson #4socents 20 Empower Community • A high impact,

SOCIAL

ENTREPRENEURS

IN SOCIAL

HOUSING

Cliff Prior, CEO UnLtd UK

Web: www.unltd.org.uk

Twitter: @UnLtd @cliffprior #socent

Social Enterprise and Housing

Conference and Exhibition 2014

1

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Narrow social

enterprise

Broader social enterprise

Pure for profit business

Ethical business

Equity based social

business

Asset locked social

enterprise

Trading charity or

coop

Grant funded

charity or coop

Pure voluntary

group

THE SPECTRUM

Giving names to the range of models

4

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OUR APPROACH

Scouting: to find the most social and entrepreneurial

people

Filtering: to select for eligibility and then employ

entrepreneurial people to judge the best talent

Engaging: to listen and find out what will help them

move forward

Connecting: to connect them to the support tailored to

their needs – where they are now, where they can go

next:

• Seed funds

• Development support

• Networking and connections

Scout, filter, engage, connect

5 #4socents

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WHO ARE...

People with:

• Passion to solve a social problem

Who have:

• An idea for a solution

• Entrepreneurial qualities

Who are:

• Resilient and resourceful

• Determined to make their idea a reality

Social entrepreneurs?

6 #4socents

4 in every 1000

People are trying to

start a social venture

28 in every 1000

Lead one now

2 in every 1000

Create social enterprises

Most become micro ventures

Some reach national and global scale

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THE JOURNEY

How early stage social entrepreneurs develop

7 #4socents

Developing

an idea:

blueprint

Doing It:

market

testing

Going full

time: getting

sustainable

Going beyond

just you:

growth

SOME JUMP THE STEPS

Many small A few big

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OUR AWARDS

Focus on the critical steps in the journey

8 #4socents

Developing

an idea:

blueprint

Doing It:

market

testing

Going full

time: getting

sustainable

Going beyond

just you:

growth

TRY IT>>> DO IT>>> BUILD IT

FAST GROWTH>>>

VENTURE >>

CHALLENGE>

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WHO WE REACH

The work in numbers

9 #4socents

53%

Equal men and women

32%

Peak age 35-49, range 11 to 90+

Degree or professionally

qualified

Minority ethnic (12% population)

A third are from 20% most

deprived areas

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THE IMPACT

75% survival

at 3 years plus 9% on next idea

95% created positive social capital

62,000

volunteers

Survey of 1014 Award Winners showed:

10 #4socents

£45m Estimated annual

wage value of jobs

created by survey

sample of 1,000

1.2m Total number of

beneficiaries

reached by 1,000

survey sample in

one year

97% Former award winners who say UnLtd

award was important in getting

venture to its current position

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• Housing agencies supporting start up social entrepreneurs in

their tenant group or communities

• Social entrepreneurship as your innovation platform

• Developing social enterprises as part of your value chain

• Social ventures that can help you achieve your goals

• Housing agencies as social investors

• Corporate social entrepreneurship

THE OPTIONS

Solutions for social housing

11 #4socents

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• Housing agencies supporting start up social

entrepreneurs in their tenant group or communities

• Social entrepreneurship as your innovation platform

• Developing social enterprises as part of your value chain

• Social ventures that can help you achieve your goals

• Housing agencies as social investors

• Corporate social entrepreneurship

THE OPTIONS

Solutions for social housing

12 #4socents

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• The Building Futures programme is about:

–Recognising the value and role of social housing agencies

– Investing in communities, ideas and individuals

• Pilot with 15 Housing Associations to develop their own

version of the programme that works for their organisation and

the communities with which they operate.

• Co-investing in the communities

• Support and training to make UnLtd’s awards to young people

in their neighbourhoods

• Sharing best practice, skills and experience across the

network.

BUILDING FUTURES

Solutions for social housing

13 #4socents

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BUILDING FUTURES

The programme in detail

14 #4socents

• Launched November 2013- November 2014

• 15 National Partners across England, Scotland &

Wales

• UnLtd invested £137,000 as an awards pot, split

between the partners

• The partner’s contribution totals £124,000

• Minimum of ten awards per partner to young people

aged 16-21 years old.

• Network Development – Peer to Peer and Peer to

Expert

• Culture change engaging all departments

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BUILDING FUTURES

Results and learning to date

15 #4socents

• Commitment to continue beyond the first year

• Culture change, awareness, skill development

• Young people from disadvantaged backgrounds can

step forward as leaders for social and economic

value

How can you help social entrepreneurs?

• Seed funding, Skills exchange/ Incubation of ideas/

Hosting

How can you get involved/ find out more?

[email protected]

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BIG VENTURE CHALLENGE

People, markets, and money

16 #4socents

The Big Venture Challenge supports ambitious social entrepreneurs

to scale up their work via intense support and matched investment.

• Each cohort participates for 12 months

• World class development support

• Match-funding in the form of a ‘repayable grant’

• Targeted ‘scouting’, targeted support, targeted networks

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UPTURN ENTERPRISES

Anwar Ali

17 #4socents

Anwar Ali, Upturn Enterprises Ltd

Bespoke consultancy for individual Housing Associations

to deliver both social targets and cost savings

Upturn helps people on the journey towards employment.

Upturn creates volunteering opportunities, apprenticeship

places, jobs and a range of accredited training.

Key customers include Guinness Northern and Regenda

Housing Associations.

2014 BVC Award Winner

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JOBS AT HOME

Neil Jarrett

18 #4socents

Neil Jarrett, Jobs at home Ltd

A social enterprise that provides jobs and skills for

unemployed social housing residents.

Delivers repairs and maintenance contract work for

member housing associations

Employs and trains their residents to carry out the work.

Prospective BVC

Award Winner

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TUTORS UNITED

Joel Davis

19 #4socents

Joel Davis, Tutors United

A tutoring service, employing university students from

disadvantaged backgrounds, and providing affordable

private tutoring to primary school pupils from

disadvantaged and migrant backgrounds.

Tutors United brings education back home, including

private tuition classes for Housing Association tenants.

LIVE Award Winner

and prospective

BVC Award Winner

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EMPOWER COMMUNITY

Alex Grayson

20 #4socents

Empower Community

• A high impact, ambitious social venture that aims to

accelerate the transition to a low carbon economy.

• Contract with local authorities and social housing landlords

to install solar PV across 1000s of homes.

• Secures institutional investment for the installation, repaying

investors from the government backed feed in tariff.

• Surplus profits go into a community fund to support local

environmental projects.

UnLtd provided critical early stage investment.

Empower then raised a seed round of £450K

from social investors (Panapur, Sainsburys

Charitable Trust and National Energy

Foundation.) Just secured a £10million deal

to provide solar panels across social housing

in Sunderland.

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VALUE CHAIN WORK

Example: Wates and “closer to fewer”

21 #4socents

• a supply chain methodology to develop sub

contractors over time, encouraging innovation and

value creation

• includes Social Enterprises developing long-term

supply partnerships

• benefits commercial competitiveness, provides

employment opportunities for the disadvantaged,

creates new jobs and growth opportunities for local

communities

• commitment to engage with at least one Social

Enterprise on every construction project

• to work with a range of Social Enterprises that become

strategic partners, or preferred or approved suppliers

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THANK YOU

We’re happy to talk further

22

facebook.com/UnLtd

unltd.org.uk

[email protected]

• @cliffprior @UnLtd #socent

• 123 Whitecross Street, London, EC1Y 8JJ

• +44 207 566 1100

[email protected]

linkedin.com/company/unltd