SiG@MaRS Info Session - March 24, 2010


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  • MaRS is a Social Enterprise – generates income as a landlord – through projects – government grants
  • Convergence Innovation Centre Researchers – OICR – all hospitals VC – financial institutions – patent lawyers, entrepreneurs & us Collaboration happens in the margins between the unusual suspects
  • Four independent nodes
  • T hree areas of work within three activity areas
  • Definition taken from SiG Primer on Social Innovation 2010. Original definition from Wikipedia.
  • Asset based approach – add video on Al Etmanski and John McKnight
  • -
  • Hand out of Discovery Documents – ask to have it emailed to you after speaking with one of our staff We can help you fill it out
  • Incredible momentum in this area – some have been doing this for some time, like our colleagues at CSI, others are newer players ALL are welcome because all add value
  • One of our nodes in SiG National is SiG@Waterloo led by Dr Frances Westley – issue: McConnell’s applied dissemination – understanding the essence of innovation – how to understand what we do through images or different lenses
  • Social finance – high level – Joanna Social technology – integrating into all we do PLUS ST4SC – Lisa Public policy – ONN - OPRS
  • Tyze video
  • Please feel free to stick around and chat with us about your work – grab a sandwhich
  • SiG@MaRS Info Session - March 24, 2010

    1. 4. <ul><li>Social Innovation Generation </li></ul><ul><li>National initiative of four nodes across the country </li></ul><ul><ul><li>Tim Draimin, National Executive Director </li></ul></ul><ul><ul><li>Tim Brodhead, McConnell Foundation </li></ul></ul><ul><ul><li>Frances Westley, University of Waterloo </li></ul></ul><ul><ul><li>Al Etmanski, PLAN </li></ul></ul><ul><ul><li>Allyson Hewitt, MaRS </li></ul></ul><ul><li>The primary aim of SiG is to encourage effective methods of addressing persistent social problems on a national scale </li></ul><ul><li>The activities of SiG serve to promote broad social change - SiG@MaRS brings this work to Ontario </li></ul>What is SiG National?
    2. 5. <ul><li>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 </li></ul>
    3. 6. Challenging what it means to be a do-gooder Do good better. This is SiG@MaRS
    4. 7. SiG National (4) nodes: including [email_address] Causeway Social Finance Program of SiG National supported by SiG@MaRS
    5. 8. <ul><li>Most simply, social innovation is about new ideas that work to address old social problems. </li></ul><ul><li>Poverty, homelessness, violence are all examples of social problems that need dedicated solution-seeking space. Social innovation addresses these challenges by applying new learning and strategies to solve these problems. </li></ul><ul><li>Social innovation is an initiative, product or process that profoundly changes beliefs, basic routines, resource and authority flows of any social system in the direction of greater resilience. Successful social innovations have durability & impact SiG National </li></ul>Panarchy Cycle
    6. 9. social innovation kids helpline jump math non-hierachical, confidence based learning bullfrog power Canada’s first 100% green electricity provider greenpeace first global environmental organization carbon trading Offsetters//Zero footprint RDSP world’s first saving plan for people with disabilities nez rouge Safe ride home women’s institute first global women’s advocacy network Medicare OHIP Examples of Social Innovation
    7. 10. <ul><li>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. </li></ul><ul><li>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. </li></ul>While social entrepreneurs often work through nonprofits and citizen groups, many work in the private and governmental sectors
    8. 11. <ul><li>&quot;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.” </li></ul><ul><li>-- David Bornstein, author of How to Change the World: Social Entrepreneurs and the Power of New Ideas </li></ul>
    9. 12. <ul><li>Innovative enterprises which combine a strong social purpose with sound business principles </li></ul><ul><li>Contrast to traditional businesses which are primarily driven by the need to maximize profit or charities only driven to serve a social need </li></ul><ul><li>May include both for-profit and non-profit entities </li></ul>Return Continuum Grant Funded Non-Profit (Charity) RETURN Social (Charitable) Financial (Commercial) Traditional Business Revenue Generating NFP (Social Enterprise) Social Purpose Business Target Zone Social Ventures (larger # in UK/US)
    10. 13. $146.6B (2005) in revenues; larger than the retail and automotive sectors 2 million employees (7.2% of Canada’s labour force) 161,000 registered charities and not-for-profit organizations
    11. 14. <ul><li>Hard to scale in Canada </li></ul><ul><li>Support for success includes: </li></ul><ul><li>access to training </li></ul><ul><li>(ii) technical support </li></ul><ul><li>(iii) mentoring </li></ul>
    12. 17. <ul><li>Information and referral </li></ul><ul><li>Market Intelligence </li></ul><ul><li>Access to mentors </li></ul><ul><li>Access to networks </li></ul><ul><li>Access to talent </li></ul><ul><li>Access to capital </li></ul><ul><li>Help with governance </li></ul><ul><li>Innovation in program design + delivery </li></ul><ul><li>Legal Issues </li></ul><ul><li>Workshops </li></ul><ul><li>Social Venture Registry </li></ul>Next: Clusters
    13. 18. <ul><li>Get on our mailing list </li></ul><ul><li>Meet with a staff member </li></ul><ul><li>Complete a Discovery Document </li></ul><ul><li>Priority clients: </li></ul><ul><ul><li>Entrepreneurial </li></ul></ul><ul><ul><li>Innovative </li></ul></ul><ul><ul><li>Systems Changers </li></ul></ul><ul><ul><li>Need for enabling technology to scale </li></ul></ul>MaRS Discovery District MaRS Centre South Tower, Suite 100 101 College Street Toronto, Ontario M5G 1L7 T 416.673.8100 F 416.673.8181 E W Follow us @sigeneration Become a fan Social Innovation Generation
    14. 19. <ul><li>Flagship Events: </li></ul><ul><ul><li>Social Entrepreneurship Summit </li></ul></ul><ul><ul><li>Social Finance Forum </li></ul></ul><ul><ul><li>Net Change Week </li></ul></ul>Social Entrepreneur of the Year 2007 Geoff Cape, Evergreen
    15. 20. Coming April 6, 2010 – Antony Bugg-Levine, Rockefeller Foundation
    16. 21. <ul><li>Centre for Social Innovation </li></ul><ul><li>Communicopia/ Web of Change </li></ul><ul><li>Academia </li></ul><ul><li>SES08 Partners – TCSA </li></ul><ul><li>Schwab Foundation </li></ul><ul><li>McConnell Foundation </li></ul><ul><li>Ashoka </li></ul><ul><li>CED Networks </li></ul><ul><li>CAMH </li></ul><ul><li>OSER </li></ul><ul><li>Causeway </li></ul><ul><li>Tides Canada </li></ul><ul><li>Sage Centre </li></ul><ul><li>Wellesley Institute </li></ul><ul><li>TVO/Get Involved! </li></ul><ul><li>Social Venture Partners </li></ul><ul><li>Social Capital Partners </li></ul><ul><li>Social Venture Institute </li></ul><ul><li>Community Foundations of Canada </li></ul><ul><li>Ontario Non Profit Network </li></ul><ul><li>Centre for Social Economy </li></ul><ul><li>Ontario Arts Council </li></ul><ul><li>Hospitals - Sunnybrook </li></ul><ul><li>Bridges </li></ul><ul><li>Young Foundation </li></ul><ul><li>School for Social Entrepreneurs </li></ul><ul><li>Ontario Trillium Foundation </li></ul><ul><li>The Learning Partnership </li></ul><ul><li>Social Enterprise Council of Canada </li></ul><ul><li>Creative Converge </li></ul><ul><li>Philanthropic Foundations of Canada </li></ul>
    17. 23. <ul><li>Social Innovation Curriculum Development </li></ul><ul><li>(Social) Entrepreneurship 101 </li></ul><ul><li>Entrepreneurs Toolkit </li></ul><ul><li>School for Social Entrepreneurs </li></ul><ul><li>Workshops </li></ul><ul><ul><li>SustainAgility </li></ul></ul><ul><ul><li>Distility </li></ul></ul><ul><ul><li>Heliotrope </li></ul></ul><ul><ul><li>Blue Ocean </li></ul></ul>
    18. 24. <ul><li>White paper series </li></ul><ul><ul><li>Social Venture Finance </li></ul></ul><ul><ul><li>Legislative Innovations </li></ul></ul><ul><ul><li>Social Impact Metrics </li></ul></ul><ul><ul><li>Procurement </li></ul></ul><ul><ul><li>Innovations in Fund Development </li></ul></ul><ul><ul><li>Corporate Social Responsibility </li></ul></ul><ul><li>CURA Grant with OISE - social enterprise focus </li></ul><ul><li>Public Policy Forum – social venture focus </li></ul><ul><li>Social Venture Fund – business plan developed and submitted </li></ul>
    19. 27. Social Finance Social finance is an approach to managing money that delivers a social and/or environmental dividend as well as an economic return.
    20. 29. <ul><li>Projects that SiG@MaRS undertakes with sector partners and/or with other SiG nodes for maximum impact </li></ul><ul><ul><li>RDSP: A financial tool that allows people with disabilities to start saving and accumulating assets </li></ul></ul><ul><ul><li>Tyze helps you... </li></ul></ul><ul><ul><li>...schedule everything from medical appointments to birthday parties </li></ul></ul><ul><ul><li>...plan tasks and report on progress </li></ul></ul><ul><ul><li>...connect with new people who can build and strengthen your network </li></ul></ul><ul><ul><li>...tell the story of the person at the centre of the network: their triumphs and challenges, and how they touch the lives of the people around them </li></ul></ul>
    21. 30. <ul><li>LEAD PARTNERS </li></ul><ul><li>Ontario Association of Food Banks (OAFB) </li></ul><ul><li>TSX (a company of the TMX Group Inc.) </li></ul><ul><li>Social Innovation Generation (SiG) at MaRS </li></ul><ul><li>Causeway Social Finance </li></ul><ul><li>Other partners in the project include: </li></ul><ul><li>Imagine Canada </li></ul><ul><li>TD Waterhouse </li></ul><ul><li> </li></ul><ul><li>ClearlySo Canada </li></ul><ul><li>Ontario Securities Commission (OSC) </li></ul>
    22. 31. <ul><li>Library – hard and soft copy </li></ul><ul><li>Blogs </li></ul><ul><li>Website </li></ul><ul><li>Social Networking </li></ul><ul><li>Reports/ Subscriptions </li></ul><ul><li>Industry News Scanning </li></ul><ul><li>Case Studies </li></ul><ul><li>Best Practice Events </li></ul>Canada Day at SoCap
    23. 32. Allyson Hewitt Director, Social Entrepreneurship [email_address] [email_address] 416-673-8410