DOING

Social Entrepreneurship as a business model

GOODWORK

OLD MODELOLD MODEL

NEW MODELNEW MODEL

STRESSANXIETYDEPRESSION

WHY THE SHIFT?WHY THE SHIFT?

STRESSANXIETYDEPRESSION

DOOMSDAY CLOCK DOOMSDAY CLOCK

Return Continuum

Grant Funded Non-Profit

(Charity)

RETURN

Social (Charitable) Financial (Commercial)

Traditional BusinessRevenue GeneratingNon-Profit

SocialPurposeBusiness

SVFTarget Zone

Social Enterprise (larger # in UK/US)

SOCIAL ENTREPRENUERSHIPSOCIAL ENTREPRENUERSHIP

SOCIAL ENTREPRENUERSHIPSOCIAL ENTREPRENUERSHIP

Wikipedia:

A social entrepreneur is someone who recognizes a social problem and uses

entrepreneurial principles to organize, create, and manage a venture to make

social change.

SOCIAL ENTREPRENUERSHIPSOCIAL ENTREPRENUERSHIP

Wikipedia:

A social entrepreneur is someone who recognizes a social problem and uses

entrepreneurial principles to organize, create, and manage a venture to make

social change.

Whereas a business entrepreneur typically measures performance in profit andreturn, a social entrepreneur assesses success in terms of the impact s/he hason society.

SOCIAL ENTREPRENUERSHIPSOCIAL ENTREPRENUERSHIP

Wikipedia:

A social entrepreneur is someone who recognizes a social problem and uses

entrepreneurial principles to organize, create, and manage a venture to make

social change.

Whereas a business entrepreneur typically measures performance in profit and return, a social entrepreneur assesses success in terms of the impact s/he has on society.

While social entrepreneurs often work through nonprofits and citizen groups, many work in the private and governmental sectors

SOCIAL ENTREPRENUERSHIPSOCIAL ENTREPRENUERSHIP

"Social entrepreneurs identify resources where people only see problems. They view the villagers as the solution, not the passive beneficiary. They begin with the assumption of competence and unleash resources in the communities they're serving.” -- David Bornstein, author of How to Change the World: Social Entrepreneurs and the Power of New Ideas

SOCIAL ENTREPRENUERSHIPSOCIAL ENTREPRENUERSHIP

Ashoka: Social entrepreneurship - the practice of responding to market failures with transformative and financially sustainable innovations aimed at solving social problems

SOCIAL ENTREPRENUERSHIPSOCIAL ENTREPRENUERSHIP

Ashoka: Social entrepreneurship - the practice of responding to market failures with transformative and financially sustainable innovations aimed at solving social problems

Social entrepreneurs are “change agents,” creating “large-scale change through pattern-breaking ideas,” “addressing the root causes” of social problems, possessing “the ambition to create systemic change by introducing a new idea and persuading others to adopt it,” and changing “the social systems that create and maintain” problems.

SOCIAL ENTREPRENUERSHIPSOCIAL ENTREPRENUERSHIP

Ashoka: Social entrepreneurship - the practice of responding to market failures with transformative and financially sustainable innovations aimed at solving social problems

Social entrepreneurs are “change agents,” creating “large-scale change through pattern-breaking ideas,” “addressing the root causes” of social problems, possessing “the ambition to create systemic change by introducing a new idea and persuading others to adopt it,” and changing “the social systems that create and maintain” problems.

“Social entrepreneurs are not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the fishing industry.” – Bill Drayton, Founder of Ashoka

CANADIAN ASHOKA FELLOWS

CANADIAN ASHOKA FELLOWS

Columbia, Duke, Harvard, Yale, Wharton

U Stockholm School of SE, Seattle U, Uof Alberta, Earth U (Costa Rica)

Uof Michigan, UNC

Stanford, INSEAD, Berkeley, NYU

WHAT IS SOCIALINNOVATION GENERATION?WHAT IS SOCIALINNOVATION GENERATION?

National initiative of four nodes across the countryTim Draimin, National Executive DirectorTim Brodhead, McConnell FoundationFrances Westley, University of WaterlooAl Etmanski, PLANAllyson Hewitt, MaRS

The primary aim of SiG is to encourage effective methods of addressing persistent social problems on a national scale The activities of SiG serve to promote broad social change SiG@MaRS brings this work to Ontario

WHAT DOES SIG@MaRS DO?WHAT DOES SIG@MaRS DO?

SiG@MaRS is actively developing programs to support the launch and growth of social ventures, enhancing the skills and networks of social entrepreneurs, exploring new instruments of social finance, fostering opportunities for technology platforms to help scale social ventures and building the social enterprise community.

ENABLING ENVIRONMENTENABLING ENVIRONMENT

SOCIAL IMPACT METRICS

BEST PRACTICES AROUND THE WORLD

WHITE PAPERS

KNOWLEDGE DISSEMINATION

CURRICULUM

ADVISORY SERVICESADVISORY SERVICESA multi-disciplinary team of MaRS Advisors is available to support social entrepreneurs along with paid staff/ entrepreneurs in residence

Commercialization Services

Advisory Services

Capital Services

MaRS Business Services

Market Intelligence

Entrepreneurship Education

Social/ Entrepreneurs in ResidenceMaRS Venture GroupSiG staff

Referrals for Funding

Entrepreneurship 101

Events

SYSTEM TRANSFORMATIONSYSTEM TRANSFORMATION

Social Finance

Social Technology

Public Policy

DOINGGOOD,

WORKS

THANKLisa Torjmanltorjman@marsdd.com @lisatorjmanAssociate, Social Entrepreneurship (SiG@MaRS)MaRS Discovery District

YOU