Uploaded byMelinda Briana Epler
Building a Social Entrepreneurship Ecosystem
The document discusses building a social entrepreneurship ecosystem. It explains that social entrepreneurs solve real social problems through innovation while also being financially sustainable. It outlines several elements needed to support social entrepreneurs, including education, incubators and accelerators, investors, mentorship, media coverage, supportive policies and legal frameworks, research, and organizing networks. The goal is to change how business is done so that it works for more people and the planet. The presentation encourages thinking about how one's own skills could address a social or environmental problem.
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Building a Social Entrepreneurship Ecosystem
- 1. Building a SocialEntrepreneurship Ecosystem Keynote by: Melinda Briana Epler All Rights Reserved. © Change Catalyst, reproduce only with permission.
- 2. EMAIL: melinda@changecatalyst.co TWITTER: @mbrianaepler Founder& CEO, Change Catalyst Change Catalyst empowers inclusive and sustainable innovation – through education, mentorship and funding.
- 3. 3 We explore comprehensivesolutions to tech diversity and inclusion. techinclusion.co
- 4. WorldChangers Platform Our onlineplatform empowers women to solve the world's toughest social and environmental problems through social entrepreneurship and impact investment.
- 5. 2.7% women-led In 199910% In 2013 6% Women VC Partners The Problem We’re Solving: The Current State of Entrepreneurship Venture-backed companies
- 6. The Problem We’reSolving: The Current State of The World The way we do business doesn’t work for Economy, People, Planet.
- 7. What is aSocial Entrepreneur?
- 8. What is aSocial Enterprise? Solves real social problems through innovation. And measures success this way. Mission-driven. Its not a side project, it’s what you do and how you do it. Makes money. Social entrepreneurs find a way to make money and make a difference.
- 9. Who is aSocial Entrepreneur? Muhammed Yunus, Grameen Bank Nobel Prize Winner, 2006. 1. Grew up in rural Pakistan. 2. Wanted to eradicate poverty. 3. Started making small loans to poor business people, with lower interest rates. 4. Grew it into an international bank, over $11 billion in loans – with a 96% recovery. 5. The bank is owned by the borrowers, mostly women.
- 10. Eileen Fisher, EileenFisher Inc. 1. Grew up in a small town in Illinois. 2. Wanted to have comfortable clothes. 3. Realized later she could change the world too. 4. Founded in 1984 with $350, now $350M in annual revenue 5. Changing the fashion industry – Sustainable fabrics – Supply chain audits – “Real” models – Clothing recycling program – Girls leadership program – Grants to women entrepreneurs Who is a Social Entrepreneur?
- 11. Who is aSocial Entrepreneur? Neil Blumenthal, Andrew Hunt, David Gilboa & Jeffrey Raider Warby Parker 1. Went to college together. 2. Wanted to make glasses more affordable. 3. Figured out how to manufacture themselves to keep prices down. 4. Give one pair away to the poor. 5. Founded the company in the school’s incubator in 2010. 6. Just finished Series B. 7. Company valued at $1.2B.
- 12. Who is aSocial Entrepreneur? Rose Broome, HandUp 1. Walked past a homeless woman and wanted to fix urban poverty. 2. Four months later found a tech partner at a hackathon and they launched a platform. 3. Crowdfunding for basic needs, helping lift people out of poverty. 4. Went through Tumml accelerator, raised $850k in first angel round, working on another. 5. Working toward a long-term sustainable business model.
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- 14. Close your eyes 1. Think ofa big local or global problem. 2. Bring to mind one or two of your greatest skills. 3. Now, how can your skills solve this problem? Open your eyes and keep thinking about this over the next few days, weeks, months. Now you’re thinking like a social entrepreneur.
- 15. Why am Ithinking about the Social Entrepreneurship Ecosystem?
- 16. Why am Ithinking about the Social Entrepreneurship Ecosystem? We need to change the way we do business. It doesn’t work for many people in the world. So I’ve been thinking about the different elements that need to change, To build businesses differently from the ground up.
- 17. The Social EntrepreneurshipEcosystem Education Incubators & accelerators Investors Mentorship & Role Models Media Policies Legal Research Certifications Organizers & Networks
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- 36. Building a SocialEntrepreneur Ecosystem Final Thoughts 1. Make it Puerto Rican. Solve local problems for local people. 2. Make it Inclusive and Sustainable. 3. Solve locally, then scale globally. You’re not alone. Go Big and Change the World.
- 37. Thank You Melinda BrianaEpler, CEO & Founder melinda@changecatalyst.co Changecatalyst.co