Transforming lives and communities
through social entrepreneurship
Keston Perry
Founder, KUMBA Consulting Group/ New Maroo...
Kelvin ‘DJ Focus’ Doe in Sierra Leone
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Creativity
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Entrepreneurship defined
• 3 dimensions of entrepreneurship
• Create value (generate profit or social benefit)
• Implement...
Entrepreneurship / Innovation nexus
© 2013 KUMBA Consulting Group.
All Rights Reserved.
Qualities of a social entrepreneur
• Ambitious: tackle major social issues; social vision ;
– Organisational forms: Innova...
Challenges
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Challenges
• Learning and Physical
Disability
• Crime / Juvenile Delinquency
• Poverty / vagrancy
• Illiteracy
• Cultural ...
Social Enterprise Cases
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Financing
• Social Entrepreneurship Program
– MIF/IADB
• Ministry of Labour, Small and
micro-enterprise Development
• Mini...
Community
Involvement
• Support system / network
• Community-driven and
owned
• Listening, learning and
action
Strategic a...
Sustainability
• The ability to endure into the
future through effectively
catalysing networks,
resources and creating lon...
Thank You
kumba.consulting@gmail.com
www.thenewmaroons.com
@kestontnt
© 2013 KUMBA Consulting Group. All
Rights Reserved.
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Transforming lives and communities through social entrepeneurship

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Transcript of "Transforming lives and communities through social entrepeneurship"

  1. 1. Transforming lives and communities through social entrepreneurship Keston Perry Founder, KUMBA Consulting Group/ New Maroons Media JCI Seminar Series Thursday September 12, 2013
  2. 2. Kelvin ‘DJ Focus’ Doe in Sierra Leone © 2013 KUMBA Consulting Group. All Rights Reserved.
  3. 3. Creativity © 2013 KUMBA Consulting Group. All Rights Reserved.
  4. 4. Entrepreneurship defined • 3 dimensions of entrepreneurship • Create value (generate profit or social benefit) • Implement an original idea or incrementally significant idea • Coordination of resources (social, financial and human) © 2013 KUMBA Consulting Group. All Rights Reserved.
  5. 5. Entrepreneurship / Innovation nexus © 2013 KUMBA Consulting Group. All Rights Reserved.
  6. 6. Qualities of a social entrepreneur • Ambitious: tackle major social issues; social vision ; – Organisational forms: Innovative nonprofits, Social-purpose ventures, hybrid organizations that mix elements of non-profit and for-profit organizations. • Mission driven: Generating social value —not wealth—is the central criterion of a successful social entrepreneur. – promoting systemic social change. • Strategic: opportunities to improve systems, create solutions and invent new approaches that create social value. • Resourceful: limited access to capital and traditional market support systems. • Results oriented: produce measurable returns. These results transform existing realities, open up new pathways for the marginalized and disadvantaged, and unlock society’s potential to effect social change. (Martin & Osberg, 2007) © 2013 KUMBA Consulting Group. All Rights Reserved.
  7. 7. Challenges © 2013 KUMBA Consulting Group. All Rights Reserved.
  8. 8. Challenges • Learning and Physical Disability • Crime / Juvenile Delinquency • Poverty / vagrancy • Illiteracy • Cultural disengagement • Digital Divide • Lifestyle diseases • Governance / People participation • Unemployment • Family dysfunction © 2013 KUMBA Consulting Group. All Rights Reserved.
  9. 9. Social Enterprise Cases © 2013 KUMBA Consulting Group. All Rights Reserved.
  10. 10. Financing • Social Entrepreneurship Program – MIF/IADB • Ministry of Labour, Small and micro-enterprise Development • Ministry of Community Development • Corporate Social Responsibility initiative – e.g. Repsol • International Support – Canadian High Commission, British Council© 2013 KUMBA Consulting Group. All Rights Reserved.
  11. 11. Community Involvement • Support system / network • Community-driven and owned • Listening, learning and action Strategic and long-term © 2013 KUMBA Consulting Group. All Rights Reserved.
  12. 12. Sustainability • The ability to endure into the future through effectively catalysing networks, resources and creating long term positively impact on the community. • Funding model – trading or selling a product; donations; contracting services • Reinvestment© 2013 KUMBA Consulting Group. All Rights Reserved.
  13. 13. Thank You kumba.consulting@gmail.com www.thenewmaroons.com @kestontnt © 2013 KUMBA Consulting Group. All Rights Reserved.
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