Innovating For Good
INNOVATION
DUBLIN 2010
Financing Social Enterprise
Paul O’Sullivan
Clann Credo – the Social Investment Fund
INNOVATION
DUBLIN 2010
Today
• Where can a social enterprise go for finance?
• What is Social Investment?
• How we assist?
• How can we promote s...
Private Business
• Self
• Friends & family
• CEB’s / EI
• Leader in rural areas
• Private Investors
• BES Funds
• Banks
IN...
Social Business
• CSP / CE
• Leader in rural areas
• Social Investors
• Banks
• Fundraising
• Philanthropic grants
INNOVAT...
What we do
• Invest in social enterprises, charities & community organisations
• Must have social impact and repayment cap...
Social Finance
• Repayable loan finance
• Social outcome & repayment capacity
• Available to: social enterprises, communit...
Wide Benefit
INNOVATION
DUBLIN 2010
Range
• Accessible/Rural Transport
• Community & Social Enterprise
• RDP Projects
• Social Housing
• Community Centres
• E...
Community /
Social Enterprise
• Businesses set up to
– tackle social, economic or environmental issues and
– engaging in a...
Task Force
• National Policy
– Unheralded
– Undervalued
– Unknown
• Benefits of Social Enterprise
– Jobs and More
– Overco...
Task Force Report
• www.SocialEnterprise.ie
INNOVATION
DUBLIN 2010
Promoting Social Enterprise
• What each of us can do
INNOVATION
DUBLIN 2010
Thank You
Clann Credo – the Social Investment Fund
(01) 400 2100
info@ClannCredo.ie
www.ClannCredo.ie
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Paul O'Sullivan (CEO, Clann Credo - The Social Investment Fund)

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Paul O'Sullivan (CEO, Clann Credo - The Social Investment Fund)

  1. 1. Innovating For Good INNOVATION DUBLIN 2010
  2. 2. Financing Social Enterprise Paul O’Sullivan Clann Credo – the Social Investment Fund INNOVATION DUBLIN 2010
  3. 3. Today • Where can a social enterprise go for finance? • What is Social Investment? • How we assist? • How can we promote social enterprise? INNOVATION DUBLIN 2010
  4. 4. Private Business • Self • Friends & family • CEB’s / EI • Leader in rural areas • Private Investors • BES Funds • Banks INNOVATION DUBLIN 2010
  5. 5. Social Business • CSP / CE • Leader in rural areas • Social Investors • Banks • Fundraising • Philanthropic grants INNOVATION DUBLIN 2010
  6. 6. What we do • Invest in social enterprises, charities & community organisations • Must have social impact and repayment capacity • Capital is repaid and available for reinvestment. • The interest paid covers overheads and loan losses. • Capital from private sources: – Religious congregations investing in a way that is consistent with mission and – Banks through the Social Finance Foundation INNOVATION DUBLIN 2010
  7. 7. Social Finance • Repayable loan finance • Social outcome & repayment capacity • Available to: social enterprises, community businesses, community & voluntary sector and charities INNOVATION DUBLIN 2010
  8. 8. Wide Benefit INNOVATION DUBLIN 2010
  9. 9. Range • Accessible/Rural Transport • Community & Social Enterprise • RDP Projects • Social Housing • Community Centres • Elder and youth care • Community Arts/Drama • Sports Facilities (including GAA/soccer clubs) • Environmental Projects INNOVATION DUBLIN 2010
  10. 10. Community / Social Enterprise • Businesses set up to – tackle social, economic or environmental issues and – engaging in activities of a commercial nature in order to produce social and community gain. INNOVATION DUBLIN 2010
  11. 11. Task Force • National Policy – Unheralded – Undervalued – Unknown • Benefits of Social Enterprise – Jobs and More – Overcomes market failures – Flexible and responsive to local needs – Innovative and creative INNOVATION DUBLIN 2010
  12. 12. Task Force Report • www.SocialEnterprise.ie INNOVATION DUBLIN 2010
  13. 13. Promoting Social Enterprise • What each of us can do INNOVATION DUBLIN 2010
  14. 14. Thank You Clann Credo – the Social Investment Fund (01) 400 2100 info@ClannCredo.ie www.ClannCredo.ie

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