UnLtd Czech Republic March 2011 ENG
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UnLtd Czech Republic March 2011 ENG

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UnLtd Czech Republic March 2011 ENG UnLtd Czech Republic March 2011 ENG Presentation Transcript

  • Supporting individuals to make positive change in the world: The UnLtd* model UnLtd: the Fund for Social Entrepreneurs *read Unlimited
  • Mission UnLtd’s mission is to reach out and unleash the energies of individual people to transform the world in which they live. We call these people social entrepreneurs . UnLtd vision: A world where people act to make it better
  • 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 learn from the results UnLtd * philosophy
  • UnLtd * UK – Fund for a social enterprise UnLtd UK core funding of £100m was provided in year 2000 by government the Millennium Awards Trust
    • From this endowment UnLtd UK earns £4.5m pa plus £4.5m from other funders who want to deliver support to social entrepreneurs in their field of interest.
    • 80 staff in 7 offices around the UK
    • £9m pa turnover
    • The world ’ s largest programme of support for start up social entrepreneurs
  • The benefits of supporting social entrepreneurs:
    • Education, enterprise skills, confidence to act - vital in a recession and with rising unemployment
    • Social impact - the social impact of the projects carried out,
    • Social capital - people from disadvantaged communities stepping forward as active citizens, inspiring others and creating a sense that “ yes, we can ”
    • Economic regeneration - creation of jobs, volunteering placements, economic activity –sustainable & reinvesting profits
    • Social innovation - new ideas, authentic to their community
  • Social entrepreneurs in the UK
    • In UK 1.7m people is involved a social venture of some kind
    • 238,000 trying to start a social venture in any given year
    • 35% of all nascent entrepreneurial activity is social
    • social entrepreneurship is more common amongst the young, minorities, disadvantaged, educated; gender neutral
    • social ventures started by older people more likely to sustain
  • Social entrepreneurs in the UK
    • overwhelming majority start community ventures
    • majority are informal and have no legal status
    • those going to scale are more likely to be oriented to public service contracts or commercial
    • growth sectors by cash turnover: public service, clean tech, waste/recycling, fair finance, food
    • major sectors by number of people : sport, youth, community, internet/social media, green
    • important gap in the “ growth middle ”
  • The UnLtd * model
      • Outreach to find people with:
      • Passion to improve the world
      • An idea they want to lead
      • The personal qualities to be an entrepreneur
      • Individual assessment of each person
      • Individually tailored package of:
      • Cash
      • Development support, advice and coaching
      • Networking face to face and online
      • Backed up by:
      • Partnerships
      • Research
      • Building public understanding
  • UnLtd is fundamentally about the person Motivated Committed Solution focused Talented Strong Vision Seize opportunity Can do Resilient Resourceful Determined Passionate Entrepreneurial person Risk taker Willing to make sacrifices
  • … a person working for social benefit These 5 factors are held in balance. Social mission Specific work funded is not for profit Evidence of social commitment Project likely to achieve benefit Intent to benefit society Social Entrepreneur
  • Solution is key
    • UnLtd model back individual people because we believe they can tackle a social problem; often they may be motivated from experience of that social problem, but our focus is on people who can be the solution to need
    Authentic or biographic social entrepreneurs Professional or career social entrepreneurs People with skills and experience who are committed to using them for social change People from communities facing problems who offer a solution Solution
  • UnLtd * financial support in three steps
    • Level 3 support focuses on replication and scaling up
    • Level 2 support focuses on freeing up
    • an individual ’ s time to develop a project
    • Level 1 support focuses on first steps, building entrepreneurial capacity
  • Core Criteria for Level 1 funding . The individual *Over the age of 16 * An individual or small group Social Impact *Benefit the public or a community *New learning opportunity for applicants *New initiative *Entrepreneurial solution to a social problem *Instigate social impact or social change
  • Criteria for Level 2 and Level 3 funding
  • More then financial awards
    • UnLtd provide to support social entrepreneurs
      • Learning materials
      • Support – our own and pro bono from corporates
      • Training – our own and through partners
      • Networking – peer to peer, peer to expert, peer to public
    • Inspire people to be social entrepreneurs
      • Outreach
    • Create a more fertile environment
      • Publicity
      • Lobbying
      • Partnerships
  • Special support programmes:
    • UnLtd Nominet Trust : social entrepreneurs using the internet
    • RISE: refugee social entrepreneurs
    • UnLtd HEI: social spin outs from universities, working students and staff as social entrepreneurs
    • Olderpreneurs: older people as social entrepreneurs, & intergenerational work
    • Eco Entrepreneurs: tackling climate change, carbon reduction, recycling and upcycling
    • Community entrepreneurs: focusing on local community
  • UnLtd * social entrepreneurs generates benefit for wider communities
    • From a survey of 640 UnLtd Award Winners conducted in
    • UK in 2006, was found that:
    • Through their projects, these 640 Award Winners worked with 86,500 individuals from some of the most deprived communities
    • More than half the projects enabled beneficiaries to form new support networks
    • More than half the projects facilitated new friendships – a means of enhancing community cohesion
    • And just under 1 in 3 projects resulted in new services or facilities
  • The UnLtd * Social entrepreneurs are sustainable
    • From an online survey conducted in UK in 2006:
      • 39% of the Un Ltd Award Winners asked about their project income reported generating revenue from trading activities
      • These incomes generated on average 43% proportion of total income (the rest is fundraised)
      • Average funding secured is around £7400 compared to average award size £3100 (the rest is fundraised)
      • The majority of Award Winners responding to the survey anticipated that this would increase over the next two years, with an average target of 67% of total income to be generated from trading activities
  • UnLtd * social entrepreneurs are also
    • Disadvantaged (40% from 20% most disadvantaged)
    • Diverse (33% minority ethnic cf 11% population)
    • Gender equal
    • Educated (50% degree level)
    • Younger
    • Authentic (c80% biographically motivated)
    • Sustainable (59% project survival at 2 years)
    • * These figures are related to UnLtd* United Kingdom
  • Social entrepreneurship: a global phenomenon
    • People who see a problem and want to do something to solve it
    • People increasingly ready to start their own project rather than work for a big organisation
    • People wanting a balanced life: earning money and doing good, feeling fulfilled
    • Cultural and technological change enabling micro enterprise and at the same time enabling these micro enterprises to network for greater impact
  • UnLtd Czech Republic
    • Innovation Tank o.s. together with Hub Praha are setting up UnLtd Czech Republic , fund to finance and support social entrepreneurs.
    • UnLtd Czech Republic is looking for partners
    • We call on NGOs, corporates, public institutions and individual donors to support to join and work together
    • For more information, please email [email_address]