ANIS2013_Social Innovation Led by Technology_Francis Nagi
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Social Ventures Hong Kong (SVhk) is a venture philanthropy organization that was founded in 2007. It mobilizes young professionals to provide financial and non-financial support to social purpose organizations in Hong Kong. SVhk has invested in and supported 12 social ventures. It provides over 40,000 volunteer hours and has invested/leveraged over HK$50 million in impact capital. The presentation discusses SVhk's model of social innovation which includes inspiring social change, inventing new ideas, investing capital, and incubating new social ventures. Several of SVhk's portfolio organizations are summarized as case studies including Diamond Cab, Dialogue in the Dark, Green Monday, and LightBe Affordable Housing.
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ANIS2013_Social Innovation Led by Technology_Francis Nagi
- 1. Asia NGO Innovation Summit: Social Entrepreneurship: Change Out Of Chaos ้ฆๆธฏ็คพๆๅตๆๅบ้ Francis Ngai | Founder & CEO | 2013 Oct Innovating Social Change
- 2. Social Ventures Hong Kong at a Glance ๏ฝ Founded since 2007 ๏ฝ First Venture Philanthropy Organization in Hong Kong ๏ฝ 12 Portfolio Social Ventures ๏ฝ 430 Professional Volunteers ๏ฝ >40,000 Volunteer Hours ๏ฝ >HK$50M Impact Capital Invested/ Leveraged โSVhk mobilizes young professionals to provide financial and extra-financial support to Social Purpose Organizations (SPO) in Hong Kong.โ Innovating Social Change Social Innovation: New Mechanism for Social Change By cross-sector collaboration, we re-organize social capital into brand new impact ventures to solve unmet social need. Professional Volunteer: New Mind to Make a Difference Inspired minds will put into action for the betterment of the world, with their expertise and network. 2
- 3. SVhk Social Innovation Portfolio First Barrier-free Transportation Service Run on Call Center in HK www.diamondcab.com.hk School-based Afterschool Program for Children from Grassroot Family www.playtao.com Innovating Social Change Collaboration Platform of Meatfree Monday to Reduce Carbon Footprint www.greenmonday.org.hk First Affordable Housing Initiative to Alleviate Poverty of Single-Parent Family www.lightbe.hk Globally First Concert in Darkness with Visually-Impaired Participated www.concert-in-the-dark.hk Deprived Singleton-Elders Sponsorship Network www.happygrannies.org.hk 3
- 6. Change out of chaos. How Chaotic? Innovating Social Change
- 9. The Richest 2% in the world is controlling 50% of global wealth. Innovating Social Change 9
- 10. Best Scene? Innovating Social Change Photo contributed by kevin.fai through Creative Commons
- 11. Best Food? Innovating Social Change Photo contributed by Taz through Creative Commons
- 12. Best Service? Innovating Social Change Photo contributed by finite possibilities through Creative Commons
- 13. Best Building? Innovating Social Change Photo contributed by Anne Roberts through Creative Commons
- 14. Change out of chaos. Do we have a choice? Innovating Social Change
- 15. ? To Break ? Or To Build ? Innovating Social Change 15
- 16. Case: Grameen Bank in Bangladesh โข Grameen Bank: Micro Financing โข Most successful SE in the world โข Open up shunned market with big social impact โข Replicate in several tens of countries โข Extension: e.g. Grameen Telecom โข Nobel Prize Winner Innovating Social Change
- 17. Case: One Laptop Per Child Innovating Social Change
- 18. Case: Marine Stewardship Council Innovating Social Change
- 19. Change out of chaos. Are they clonable? Innovating Social Change
- 20. Letโs try. Innovating Social Change
- 21. S The Qualities of Social Innovator Innovating Social Change
- 22. S SVhk Spiral Model of Social Innovation Innovating Social Change
- 23. CASE: Grameen Bank ? ! Limited accessibility to capital for the poor, particularly women and the poorest Financial institute providing collateral-free microcredit service to the rural Inspire Invent Invest Incubate Innovating Social Change 23
- 24. Change out of chaos. ? ! Inspire Invent Invest Incubate Inspire: new values Innovating Social Change
- 26. Van for Chicken or Human in Wheelchair? 26
- 27. Taxi services offering style and dignity to passengers VAN with Back Ramp Large Printer Welding Machine / Safe Heavy Bucket Pumping Machine Elders with Disabilities 27
- 28. Diamond Cab Diamond Cab First Barrier-free Transportation Service Run on Call Center in HK www.diamondcab.com.hk Founded Since: 2011 Social Entrepreneur: Doris Leung Type of Innovation: Equity SE SVhk Volunteer: Joe Ngai, Timothy Ma, Mason Wu Hi-light: โข 5 Cabs, and to expand 2-3 in 2013 โข Taxi license owner, elderly home groups as shareholders โข >35,000 orders fullfilled โข >1,000 wheelchair user members โข Cashflow breakeven in 2012 โข International SE award in UK โข Diamond Cab Charity Tour โข Diamond Cab Advertising โข Diamond Sedan Chair Competition โข Expansion with Impact Investing Trust Fund in 2013 Innovating Social Change High Quality Barrier Free Taxi Service โฆ http://www.youtube.com/watch?v=2HwkMG1FS3Q 28
- 29. Launch of Diamond Cab Innovating Social Change 29
- 30. Diamond Cab Operations DC is an operations company that rents taxi licenses, engages selfemployed drivers and outsources its call centre Call Center (8 Staff) Booking or Cancelling Cabs Media Exposure Promotion Passengers Arranging Cabs Allocating Orders Outsourcing Fee Daily Rent Drivers (13) Lease cabs Fuel Cost Gasoline Suppliers Marketing Clients Sponsors Vendors Media Strategic Partners Sponsorship & Advertising fees Diamond Cab office (4 Staff) Cost Lease Taxi Licenses Taxi License Owners (2) Monthly Rent Garages and Parking Venues 30
- 31. Diamond Cab Partnerships Strategic partnership across Diamond Cabโs supply Chain Nursing Homes: License owner: Cab Manufacturer and Agent: Call Center Supplier: We combined the demand of wheelchair bound passengers and the supply of taxi operation tools for sustainable business development of barrierfree taxi service. Insurance Supplier: Gasoline Supplier: NGO: 31
- 32. CASE: Diamond Cab ? ! Lack of point-to-point transportation for wheelchair users in HK 24-hour branded barrier-free taxi service with booking through a call centre Inspire Invent Invest Incubate Innovating Social Change 32
- 33. Marketing Initiatives DC complements its revenues via marketing initiatives and advertising Diamond Sedan Competition 2012, old style sedan transformed into new tool for barrier-free tourism. Race tailor made for wheelchair passengers. Barrier-free Dining Coupon Promotion with Fairwood fast food chain stores in 2011, Cosplay as Waitress to serve mom in Media Event. 33
- 34. S SVhk Spiral Model of Social Innovation Innovating Social Change
- 35. Change out of chaos. Invent: new ideas Innovating Social Change
- 36. Dialogue in the Dark: Tailored Support Dialogue in the Dark Enlightening with Darkness Social franchise imported from Germany, HK business broken even in one year. Social Need: Marginalization of people with disabilities. Social Mission: Dark experiential exhibition and other โdarkโ products. SVhkโs Role ๏ฝ Institutional Investor ๏ฝ Volunteers with retail and theme park experiences ๏ฝ Social marketing support by strong PR/Media network Innovating Social Change 36
- 37. Concert in the Dark: Social Innovation Concert in the Dark Pure Music Experience Magnified DiDhkโs mission with โmainstreamโ concert event, high awareness and business momentum created. Achievements ๏ฝ Co-produced by pop singers and visually impaired ๏ฝ Almost 300 media coverage in last 2 years ๏ฝ More than 4,000 audiences ๏ฝ HKMA Marketing Award SVhkโs Role ๏ฝ Innovative idea generation ๏ฝ Overall project management ๏ฝ Line up key partners ๏ฝ Sustain as a new venture Innovating Social Change http://www.youtube.com/watch?v=rmlyl2ve-WA 37
- 38. Change out of chaos. Incubate: new ventures Innovating Social Change
- 39. Green Monday Green Monday Collaboration Platform of Meatfree Monday to Reduce Carbon Footprint www.greenmonday.org.hk Founded Since: 2012 Social Entrepreneur: David Yeung Type of Innovation: Non-profit SVhk Volunteer/ Team: Polly Ho, Alvina Chan Hi-light: โข Become a famous brand of environmental protection group โข Tens of restaurant chains with hundreds of outlets joined โข Covering 200 schools and to further expand in Apr โข Corporate partners, media partners โข Obtained Roadshow Ecostar award โข Super Green Monday in Apr 22 Innovating Social Change 39
- 42. ๆๅฐ็ Go Green Monday 4.22 ๅ จๅ็ก็ถ ไธๆญก 2013.04.09 โ North Pole Marathon 42 Private & Confidential. Not for reproduction or disclosure without the express written consent of Green Monday
- 43. Private & Confidential. Not for reproduction or disclosure without the express written consent of Green Monday
- 44. S SVhk Spiral Model of Social Innovation Innovating Social Change
- 45. Change out of chaos. Invest: new capital Innovating Social Change
- 46. CASE: LightBe Affordable Housing ? ! Poverty related to housing issue and inadequate living space Affordable housing with decent living environment and co-leasing Inspire Invent Invest Incubate Innovating Social Change 46
- 47. LightBe Social Realty NEW LightBe Social Realty First Affordable Housing Initiative to Alleviate Poverty of SingleParent Family www.lightbe.hk Founded Since: Social Entrepreneur: Type of Innovation: SVhk Volunteer: 2013 Ricky Yu Equity SE Laurence Li Hi-light: โข 1 pilot flat with 2 more in pipeline โข 3 families performed good result after moving in Light Home โข A new model of poverty alleviation โข Partnership with NGOs, PolyU, Professional volunteers etc Innovating Social Change 47
- 48. The New Social Photosynthesis Equation Light Chlorophyll Impact Investor Provide apartments are NOT just profit-driven now Reorganize social capital Oxygen Single parents can breath again in positive environment + NGO Partners & Angel Families Nurture growth an Venture Transform resources into useful ingredient Private & Confidential Glucose Living improved and nutrients can accumulate for growth
- 49. Before Moving to Light Home an Venture Private & Confidential
- 50. After Moving to Light Home an Venture Private & Confidential
- 52. The Secret Recipe... People! an Venture Private & Confidential
- 60. For those people who are silly enough to Dream with Passion, we call them โฆ Change Maker! Innovating Social Change