The document discusses Urban Innovation21's "inclusive innovation" approach to economic development in Pittsburgh. It aims to ensure all communities, including underserved areas, benefit from the region's economic prosperity in key industries like advanced manufacturing, energy, and healthcare. Programs like the Pittsburgh Central Keystone Innovation Zone provide funding and resources to connect entrepreneurs in places like the Hill District to the innovation economy through initiatives such as internships, grants, and legal assistance. The goal is to create inclusive economic growth and opportunity through community-based business development.
The document discusses the characteristics and impact of social enterprises. It defines social enterprises as formally established businesses that pursue social, environmental and cultural objectives rather than private profit. Their economic activities are meant to achieve these broader impacts. The document argues that social enterprises should provide a fairer way of exchanging goods and services to benefit communities. Ideally, they have positive triple bottom line impacts on people, planet and local culture through their explicit social values and business practices.
At Vikasa share your Innovative Ideas that tackle social problems and promote the spirit of social entrepreneurship to reduce poverty and inequality by supporting them with necessary skills.
Social entrepreneurship is an emerging concept in Nepal that aims to solve social problems through innovative business solutions. Several organizations have emerged that exemplify social entrepreneurship, such as Maiti Nepal which works to prevent human trafficking, and the Nepal Ambulance Service which provides free ambulance services. While social entrepreneurship is gaining momentum in Nepal, it still faces challenges such as limited funding options and difficulties measuring its social impact.
SOCIAL ENTREPRENEURSHIP& ITS IMPACT ON SOCIETYAkash M
This document discusses social entrepreneurship and its impacts on society. It defines social entrepreneurship as using business principles to address social, cultural, or environmental issues. Social entrepreneurs aim to promote social and environmental goals rather than being profit-centered. The document outlines the characteristics and types of social entrepreneurship, as well as its importance and impacts. It discusses how social entrepreneurship creates employment, improves health and well-being, empowers women, and supports other social causes. The document also examines the growing support system and some challenges for social entrepreneurship in India.
The document summarizes the work of the Civic Innovation Lab in Cleveland, Ohio. The lab provides funding and mentoring for civic, social, and business ideas to grow the local economy. Over six years, it funded 52 initiatives totaling $1.5 million which led to 128 jobs, $9.4 million in economic impact, and $6.2 million in follow on investments. Examples of successful initiatives include Ray's Indoor Mountain Bike Park and Full Circle Fuels, Ohio's first full-service alternative fuels station. The lab aims to share its model of supporting innovation through small grants and civic engagement.
An introduction to social entrepreneurshipRaf Vlummens
The document provides an introduction to social entrepreneurship. It defines social entrepreneurship as organizations that trade for social purposes and use any profits to further social objectives. Social enterprises have up to four bottom lines including social, environmental, economic, and financial impacts. The document discusses how social entrepreneurship addresses unmet social needs and is motivated by social benefit. It also presents examples of social enterprises like Grameen Danone Foods, a joint venture creating jobs and improving nutrition in Bangladesh. In conclusion, the document notes both challenges like acquiring money and demonstrating effectiveness, and opportunities like demographic shifts and increased social spending that social entrepreneurship may face in the future.
Social entrepreneurship uses business techniques to address social, cultural, and environmental problems. Social entrepreneurs have innovative solutions to major social issues and work to create wide-scale social change. They present user-friendly and ethical ideas and are ambitious, mission-driven, strategic, and resourceful. The concept of social entrepreneurship has existed since the 1960s but was promoted in the 1970s by Bill Drayton and Michael Young. Social entrepreneurs act as agents of change by pursuing opportunities to serve their mission of creating social value through continuous innovation despite limited resources.
The document discusses the characteristics and impact of social enterprises. It defines social enterprises as formally established businesses that pursue social, environmental and cultural objectives rather than private profit. Their economic activities are meant to achieve these broader impacts. The document argues that social enterprises should provide a fairer way of exchanging goods and services to benefit communities. Ideally, they have positive triple bottom line impacts on people, planet and local culture through their explicit social values and business practices.
At Vikasa share your Innovative Ideas that tackle social problems and promote the spirit of social entrepreneurship to reduce poverty and inequality by supporting them with necessary skills.
Social entrepreneurship is an emerging concept in Nepal that aims to solve social problems through innovative business solutions. Several organizations have emerged that exemplify social entrepreneurship, such as Maiti Nepal which works to prevent human trafficking, and the Nepal Ambulance Service which provides free ambulance services. While social entrepreneurship is gaining momentum in Nepal, it still faces challenges such as limited funding options and difficulties measuring its social impact.
SOCIAL ENTREPRENEURSHIP& ITS IMPACT ON SOCIETYAkash M
This document discusses social entrepreneurship and its impacts on society. It defines social entrepreneurship as using business principles to address social, cultural, or environmental issues. Social entrepreneurs aim to promote social and environmental goals rather than being profit-centered. The document outlines the characteristics and types of social entrepreneurship, as well as its importance and impacts. It discusses how social entrepreneurship creates employment, improves health and well-being, empowers women, and supports other social causes. The document also examines the growing support system and some challenges for social entrepreneurship in India.
The document summarizes the work of the Civic Innovation Lab in Cleveland, Ohio. The lab provides funding and mentoring for civic, social, and business ideas to grow the local economy. Over six years, it funded 52 initiatives totaling $1.5 million which led to 128 jobs, $9.4 million in economic impact, and $6.2 million in follow on investments. Examples of successful initiatives include Ray's Indoor Mountain Bike Park and Full Circle Fuels, Ohio's first full-service alternative fuels station. The lab aims to share its model of supporting innovation through small grants and civic engagement.
An introduction to social entrepreneurshipRaf Vlummens
The document provides an introduction to social entrepreneurship. It defines social entrepreneurship as organizations that trade for social purposes and use any profits to further social objectives. Social enterprises have up to four bottom lines including social, environmental, economic, and financial impacts. The document discusses how social entrepreneurship addresses unmet social needs and is motivated by social benefit. It also presents examples of social enterprises like Grameen Danone Foods, a joint venture creating jobs and improving nutrition in Bangladesh. In conclusion, the document notes both challenges like acquiring money and demonstrating effectiveness, and opportunities like demographic shifts and increased social spending that social entrepreneurship may face in the future.
Social entrepreneurship uses business techniques to address social, cultural, and environmental problems. Social entrepreneurs have innovative solutions to major social issues and work to create wide-scale social change. They present user-friendly and ethical ideas and are ambitious, mission-driven, strategic, and resourceful. The concept of social entrepreneurship has existed since the 1960s but was promoted in the 1970s by Bill Drayton and Michael Young. Social entrepreneurs act as agents of change by pursuing opportunities to serve their mission of creating social value through continuous innovation despite limited resources.
The document provides an overview of Social Entrepreneurs Ireland's (SEI) activities and impact in 2013. Key points:
- SEI received 204 applications and selected 8 finalists through a selection process involving external reviewers and pitching sessions.
- SEI launched new initiatives like the Social Entrepreneurs Exchange and The Impact Series to complement its support programs.
- In 2013, SEI supported 11 social entrepreneurs whose projects directly impacted over 78,000 people and created 52 jobs.
Social Innovation Generation (SiG) is a national initiative with four nodes across Canada aimed at encouraging effective methods to address persistent social problems on a large scale. SiG@MaRS in Ontario develops programs to support social ventures, enhance skills/networks of social entrepreneurs, explore social finance instruments, and build the social enterprise community. SiG@MaRS fosters innovation to help social ventures scale and challenges traditional views of social change work.
"Goal Setting in Social Entrepreneurship" is from the lecture session that Syed delivered during the Social Entrepreneurship Development Programme for Youth in Assam Rajiv Gandhi University of Cooperative Management, Sibsagar, Assam.
Social entrepreneurship is new phenomenon in Bangladesh and the world as well. It is essential to economic development for third world country like Bangladesh. Social enterprise is a growing and dynamic sector of the Bangladesh economy. Now its play a vital role to poverty reduction, empowering women and increasing per capita income.
This document discusses building a social enterprise. It begins by outlining dimensions to consider when defining an organization's mission, including using the mission as an entrepreneur's most useful tool. It also discusses how to plan and lead through the mission. The document then covers recognizing and assessing opportunities, including opportunity recognition and factors to consider when assessing opportunities like social value potential, market potential, and sustainability potential. Sources cited include books on social entrepreneurship and enterprise.
This document discusses social entrepreneurship and social enterprises. It defines social entrepreneurship as innovative, social value creating activity that occurs across non-profit, business or government sectors. Social enterprises use business methods to achieve social objectives. The document outlines that social enterprises address social problems through more effective and sustainable solutions than existing approaches. It provides examples of social enterprises in India, the domains they work in such as agriculture, education, healthcare, and the organizations that support and promote social enterprises in India.
This document provides an introduction to social entrepreneurship in Australia. It discusses how the welfare state is under pressure and in need of innovation to address social problems more effectively. Social entrepreneurs can be an important source of this innovation by targeting underserved markets and creating large-scale, ethical solutions. The field of social entrepreneurship is growing in Australia, with more funding and support mechanisms emerging, including social finance, impact metrics, and collaboration between sectors. Opportunities exist in developing new education models, engaging citizens in policymaking, and bringing more product-driven social ventures to scale.
The Agora Accelerator aims to unleash the potential of small business impact entrepreneurs in Central America. It will select the top 10 impact entrepreneurs each year and provide them with leadership training, mentoring, and access to investors through a business accelerator program. The goals are to generate over 1,000 jobs, increase impact investments in the region to over $20 million, and help companies build affordable housing and access to electricity for thousands of people over three years. Example companies introduced are ones that create jobs for women through children's clothing, provide solar energy solutions, manufacture educational toys, and build affordable eco-friendly homes.
Social entrepreneurship uses business techniques to address social problems. It can apply to organizations of varying sizes, aims, and beliefs. A social entrepreneur is ambitious and mission-driven to create social value, not wealth. They see opportunities others miss to improve systems and create innovative solutions. As social entrepreneurs have limited access to capital, they must mobilize human, financial, and political resources and produce measurable results to drive social change.
Social entrepreneurs combine the passion of a social activist with the business skills of a business pioneer. They create sustainable solutions that change society for the better. Some key traits social entrepreneurs share with business entrepreneurs are being strategic thinkers, mission driven, focused, resourceful, results oriented, and able to persevere despite obstacles. Social entrepreneurs bring new approaches to social issues through innovations like new design solutions, business models, and funding models.
Social entrepreneurship verses Business EntrepreneurshipFRANCIS BUKENYA
Social entrepreneurs are practical visionaries who possess qualities traditionally associated with leading business entrepreneurs – vision – innovation – determination and long-term commitment – but are dedicated to a systematic social change in their chosen field.
The presentation gives a brief description of what is social entrepreneurship, then describes 5 major socio-economic problems prevalent in India with the ideas about how to combat them rather than leaving societal needs to govt. These ideas were devised by social entrepreneurs.
Catalyzing Innovation and Social Change through Social EntrepreneurshipEdward Erasmus
Slides of my presentation as guest speaker during the event at the University of Aruba titled: "The role of the University of Aruba in Creating Social Value and Social Responsibility. Volunteer Work in the Galapagos Islands."
Mkt1019 characteristics of the social entrepreneur 1Tim Curtis
Social entrepreneurship involves using entrepreneurial approaches to create social value through innovative solutions to social problems. Social entrepreneurs are change agents who pursue new opportunities to fulfill their mission of social impact through initiatives like microfinance that provide small loans to the world's poorest people. The rise of social entrepreneurship is driven by trends like declining government involvement, a focus on self-reliance, and changes in funding opportunities for social sectors.
Social enterprise: What is it and what to considerNICVA
A presentation by Amanada Johnston from Social Enterprise NI helping participants understand more about what social enterprise is, what you need to consider if thinking about starting a social enterprise, what support is available and gave some examples of local social enterprises.
This presentation was part of the Growing Entrepreneurial Communities Summit, a practitioner-focused summit designed to help economic development and small business practitioners effectively create economic growth through entrepreneurship in local communities. The 2018 Summit, subtitled Entrepreneurship on the Edges, focused on providing information and practitioner insight in how to effectively develop disadvantaged urban and rural communities using entrepreneurship-led development strategies.
The document discusses the Global Entrepreneurship Network's programs and priorities for 2017. It focuses on creating one global entrepreneurial ecosystem through research, policy advocacy, and community programs. Key priorities include gathering better data on entrepreneurship through research, influencing smarter public policy, and strengthening investor and startup communities. Programs highlighted include Global Entrepreneurship Week, the Global Business Angel Network, Startup Huddle meetings, and the Global Enterprise Registration portal.
The document provides an overview of Social Entrepreneurs Ireland's (SEI) activities and impact in 2013. Key points:
- SEI received 204 applications and selected 8 finalists through a selection process involving external reviewers and pitching sessions.
- SEI launched new initiatives like the Social Entrepreneurs Exchange and The Impact Series to complement its support programs.
- In 2013, SEI supported 11 social entrepreneurs whose projects directly impacted over 78,000 people and created 52 jobs.
Social Innovation Generation (SiG) is a national initiative with four nodes across Canada aimed at encouraging effective methods to address persistent social problems on a large scale. SiG@MaRS in Ontario develops programs to support social ventures, enhance skills/networks of social entrepreneurs, explore social finance instruments, and build the social enterprise community. SiG@MaRS fosters innovation to help social ventures scale and challenges traditional views of social change work.
"Goal Setting in Social Entrepreneurship" is from the lecture session that Syed delivered during the Social Entrepreneurship Development Programme for Youth in Assam Rajiv Gandhi University of Cooperative Management, Sibsagar, Assam.
Social entrepreneurship is new phenomenon in Bangladesh and the world as well. It is essential to economic development for third world country like Bangladesh. Social enterprise is a growing and dynamic sector of the Bangladesh economy. Now its play a vital role to poverty reduction, empowering women and increasing per capita income.
This document discusses building a social enterprise. It begins by outlining dimensions to consider when defining an organization's mission, including using the mission as an entrepreneur's most useful tool. It also discusses how to plan and lead through the mission. The document then covers recognizing and assessing opportunities, including opportunity recognition and factors to consider when assessing opportunities like social value potential, market potential, and sustainability potential. Sources cited include books on social entrepreneurship and enterprise.
This document discusses social entrepreneurship and social enterprises. It defines social entrepreneurship as innovative, social value creating activity that occurs across non-profit, business or government sectors. Social enterprises use business methods to achieve social objectives. The document outlines that social enterprises address social problems through more effective and sustainable solutions than existing approaches. It provides examples of social enterprises in India, the domains they work in such as agriculture, education, healthcare, and the organizations that support and promote social enterprises in India.
This document provides an introduction to social entrepreneurship in Australia. It discusses how the welfare state is under pressure and in need of innovation to address social problems more effectively. Social entrepreneurs can be an important source of this innovation by targeting underserved markets and creating large-scale, ethical solutions. The field of social entrepreneurship is growing in Australia, with more funding and support mechanisms emerging, including social finance, impact metrics, and collaboration between sectors. Opportunities exist in developing new education models, engaging citizens in policymaking, and bringing more product-driven social ventures to scale.
The Agora Accelerator aims to unleash the potential of small business impact entrepreneurs in Central America. It will select the top 10 impact entrepreneurs each year and provide them with leadership training, mentoring, and access to investors through a business accelerator program. The goals are to generate over 1,000 jobs, increase impact investments in the region to over $20 million, and help companies build affordable housing and access to electricity for thousands of people over three years. Example companies introduced are ones that create jobs for women through children's clothing, provide solar energy solutions, manufacture educational toys, and build affordable eco-friendly homes.
Social entrepreneurship uses business techniques to address social problems. It can apply to organizations of varying sizes, aims, and beliefs. A social entrepreneur is ambitious and mission-driven to create social value, not wealth. They see opportunities others miss to improve systems and create innovative solutions. As social entrepreneurs have limited access to capital, they must mobilize human, financial, and political resources and produce measurable results to drive social change.
Social entrepreneurs combine the passion of a social activist with the business skills of a business pioneer. They create sustainable solutions that change society for the better. Some key traits social entrepreneurs share with business entrepreneurs are being strategic thinkers, mission driven, focused, resourceful, results oriented, and able to persevere despite obstacles. Social entrepreneurs bring new approaches to social issues through innovations like new design solutions, business models, and funding models.
Social entrepreneurship verses Business EntrepreneurshipFRANCIS BUKENYA
Social entrepreneurs are practical visionaries who possess qualities traditionally associated with leading business entrepreneurs – vision – innovation – determination and long-term commitment – but are dedicated to a systematic social change in their chosen field.
The presentation gives a brief description of what is social entrepreneurship, then describes 5 major socio-economic problems prevalent in India with the ideas about how to combat them rather than leaving societal needs to govt. These ideas were devised by social entrepreneurs.
Catalyzing Innovation and Social Change through Social EntrepreneurshipEdward Erasmus
Slides of my presentation as guest speaker during the event at the University of Aruba titled: "The role of the University of Aruba in Creating Social Value and Social Responsibility. Volunteer Work in the Galapagos Islands."
Mkt1019 characteristics of the social entrepreneur 1Tim Curtis
Social entrepreneurship involves using entrepreneurial approaches to create social value through innovative solutions to social problems. Social entrepreneurs are change agents who pursue new opportunities to fulfill their mission of social impact through initiatives like microfinance that provide small loans to the world's poorest people. The rise of social entrepreneurship is driven by trends like declining government involvement, a focus on self-reliance, and changes in funding opportunities for social sectors.
Social enterprise: What is it and what to considerNICVA
A presentation by Amanada Johnston from Social Enterprise NI helping participants understand more about what social enterprise is, what you need to consider if thinking about starting a social enterprise, what support is available and gave some examples of local social enterprises.
This presentation was part of the Growing Entrepreneurial Communities Summit, a practitioner-focused summit designed to help economic development and small business practitioners effectively create economic growth through entrepreneurship in local communities. The 2018 Summit, subtitled Entrepreneurship on the Edges, focused on providing information and practitioner insight in how to effectively develop disadvantaged urban and rural communities using entrepreneurship-led development strategies.
The document discusses the Global Entrepreneurship Network's programs and priorities for 2017. It focuses on creating one global entrepreneurial ecosystem through research, policy advocacy, and community programs. Key priorities include gathering better data on entrepreneurship through research, influencing smarter public policy, and strengthening investor and startup communities. Programs highlighted include Global Entrepreneurship Week, the Global Business Angel Network, Startup Huddle meetings, and the Global Enterprise Registration portal.
Responsible Business Week Event at Langstone Technology Park -Melanie Parker-...Meon Valley Travel
Responsible Business Week Event at Langstone Technology Park- Business in the Community (BITC)
A movement for change in business. BITC is an influential Network... Global, National, Local...
What is Corporate Responsibility?
The business benefits of volunteering
Many of the U.S. federal government's programs are designed to promote economic development and improve prosperity for citizens. Through this SlideShare you will gain information on different government agencies, the services they provide and the areas they impact. Browse now to discover the importance of funding these different programs and agencies.
Vikasa International center is an acronym for Innovation, Inclusivity and Responsibility established with an aim to undertake Social Responsibilities include social entrepreneurship, Business Sustainability for enhancing employment opportunities.
Digital By Default Local Government Event - Southwark CathedralAndrew Bennett
Featured slides from the Gandlake, Southwark Council and IRRV event held at Southwark Cathedral on 12th November 2015.
Presenters:
Dominic Cain, Assistant Director (Revenues, Benefits & Financial Transaction shared services), Southwark Council
David Ashmore, Director of Business and Customer Service, Lambeth Council
Stephen Hughes, Freelance Financial Adviser (former LGA Executive Director and CEO of Birmingham City Council)
Dave Briggs, Head of Digital & Design, Adur and Worthing Councils
Karen Michael, Service Development Team Leader, London Borough of Southwark
Vivian Davies, Head of Collections and Credit Control, Family Mosaic
Social Impact Ventures and Raising Capital: B Corporations and the Social Ven...MaRS Discovery District
There is a growing belief that businesses must do more than create value for shareholders. Non-profits and government cannot address current and future societal and environmental challenges without corporate involvement. If you are a startup looking to create value beyond profit, then you will want to learn about Certified B Corporations. This new type of corporation uses the power of business to solve social and environmental challenges. These types of certifications are ideal for raising capital from socially conscious investors.
Join us as Joyce Sou, Manager of B Corporations and Social Impact Metrics at the MaRS Centre for Impact Investing, discusses how Social Venture Connection (SVX) is helping capital flow for social impact ventures.
Participants will learn about the following:
What is impact investing?
What is a B Corporation?
How does SVX help B Corporations get investment?
SecondMuse works to build more resilient and sustainable economies through climate innovation programs. Over the last decade, they have supported over 600 organizations across 7 continents and helped accelerate over 1000 businesses. Their work has generated over $30 billion in social and environmental impact. Moving forward, they plan to address financing gaps for climate entrepreneurs in Asia through their Future Economy Lab, which will co-design new financing mechanisms tailored for gender-smart, climate-focused startups in the region.
Transforming a 140 Year-Old Social Services Agency to a 140-Year-Old StartupLetsConnect
The YWCA Metropolitan Chicago is a 140 year old social services agency that has leveraged technology to drive social change. Technology has impacted what we do and how we do it and fulfilling our philosophy that every business is a social enterprise whether they know it or not!
Brief presentation regarding Mellissa Riddle's case studies on A Business Case for Social Enterprise; models, historical contexts, funding, metrics, incentives, statistics, and resources.
Developing regional innovation, Australian trial programColin Graham
Overview of Centre for Rural Innovation trial program in Wide Bay Burnett region of Australia. Aiming to grow both startup and established innovative businesses.
This document discusses social entrepreneurship and the role it plays in achieving the UN Sustainable Development Goals. It notes that entrepreneurship creates jobs, drives economic growth, addresses environmental challenges, and enables youth engagement. The document then summarizes some global trends in social enterprise ecosystems, including growing awareness, more corporations engaging, and increasing access to capital and markets. It provides examples of industries social enterprises focus on and discusses impact investing assets under management. Finally, it discusses the work of Impact Hubs in building collaborative communities, providing support to startups, and developing social enterprise ecosystems.
The University Circle Initiative by India Pierce Leewcb0209
The University Circle Initiative slideshow presented by India Pierce Lee of the Cleveland Foundation at TransformRVA, Better Housing Coalition's 25th Anniversary event on May 21st, 2015 at the Omni Richmond Hotel
This document discusses impact innovation companies and social enterprises. It provides examples of impact companies, including a healthcare organization in Costa Rica called ASEMIS that offers affordable, high-quality healthcare through a network of medical centers. ASEMIS has 60% market share in Costa Rica and has served over 3 million people. It uses a tiered pricing system and reinvests profits to expand services and open new clinics. The document also discusses challenges for the impact investment field in Latin America, such as limited access to capital, lack of legislation for hybrid models, and few investment-ready projects.
This document provides information about the 2016 Community Economic Development Awards (CEDA) hosted by the Wisconsin Economic Development Association (WEDA). It lists the award categories, criteria, judges, and winners. The Powell Poage Hamilton Neighborhood Revitalization Project won the Economic Development Initiative award. Nueske's Applewood Smoked Meats won the Business Retention & Expansion and Human Capital awards. The City of West Allis won the Real Estate Redevelopment & Reuse award. The partnership between the City of Eau Claire, UW-Eau Claire, and Haymarket Concepts won the Public-Private Partnership award. American Family Insurance was recognized as the large business Economic Driver.
Business Innovation, CSR and Competitive Advantage: Strategic pathways to valueWayne Dunn
Presentation to Saudi Arabian business leaders at the Maple Leaf Club, Canadian Embassy, Riyadh, Saudi Arabia
November 29, 2015
To keep updated on postings and events go to www.csrtraininginstitute.com and sign up for the newsletter. If interested the CSR Knowledge Centre http://bit.ly/CSRknowledge contains a series of short, pragmatic articles on CSR Strategy, Management and related areas.
This document discusses how businesses can contribute to achieving the Millennium Development Goals through inclusive business models. It provides examples of companies creating sustainable livelihoods by improving health, access to water, housing, farming, and more. The World Business Council for Sustainable Development seeks to raise awareness, advocate for partnerships between business and other sectors, and broker new business ideas that are good for both business and development. Three priorities are identified: effective legal frameworks, support for small and medium enterprises, and infrastructure investments. The document calls for governments and businesses to work closely together to realize opportunities that leverage their collective resources and capabilities.
The document summarizes the services of the Chicago Urban League Entrepreneurship Center. It provides training programs at various stages of business growth from start-ups to established companies. The programs include nextSTEP for new entrepreneurs, nextLEVEL for small businesses, and nextONE for high-growth companies. It partners with universities and organizations to deliver programming. The Center helps businesses increase revenue, hire staff, and access capital and contracts. It also connects entrepreneurs through its nextCONNECTION network. Metrics show businesses in its programs significantly outperformed averages in job and revenue growth during the recession.
TechnoServe is a U.S.-based nonprofit that works to reduce poverty by empowering people in developing countries to build businesses. It provides business advising and training to entrepreneurs and small businesses, helping them become commercially viable. In 2009, TechnoServe assisted over 2,000 businesses across multiple industries that generated $189 million in revenue, $27 million in profits, and benefited nearly 1.4 million people through jobs and purchases from small producers. TechnoServe has extensive experience working in various sectors like agriculture, tourism and energy across Africa, Asia, and Latin America.
Creativity: The Foundation of Innovation & Startups in Maine
UI21 Inclusive Innovation Approach rev516
1. THE “INCLUSIVE INNOVATION”
APPROACH
WILLIAM GENERETT JR., PRESIDENT & CEO
An economic development approach that is working
to make sure that all communities are connected to the
Pittsburgh Region’s Economic prosperity.
2. BACKGROUND INFORMATION
Urban Innovation21 is a unique public-private partnership
that is supporting the growth of entrepreneurship in our
region’s innovation economy and connecting that growth to
underserved communities and the residents that live in those
communities.
3. PITTSBURGH’S NEW ECONOMY
Today, the Pittsburgh region’s prosperity is powered by five
key industry sectors: advanced manufacturing, energy,
financial and business services, health care and life sciences
and information and communications technology. They are
the result of an economic transformation launched in the
early 1980s, as the steel industry restructured and the region
lost more than 100,000 jobs.
4. CONNECTING COMMUNITIES LEFT BEHIND
CHALLENGES:
The region’s economic transformation has not benefitted all
communities. Despite our success, poverty exists throughout
the region. This contrast can most readily be seen in
Pittsburgh’s diverse neighborhoods where high-income
communities are directly adjacent to very low-income
communities.
5. PITTSBURGH CENTRAL KEYSTONE INNOVATION ZONE
INCENTIVES SINCE 2007
KIZ TAX CREDIT PROGRAM PCKIZ INTERNSHIP PROGRAMPCKIZ GRANT PROGRAM
$6.5 million in direct cash
assistance to over 50
companies
$462,000 in early-stage grant
funding to 24 companies
600+ paid student internships-
55% female, 38%
underrepresented minorities
PCKIZ CONSORTIUM
Community partnerships to
provide leadership & help
coordinate economic-
development activities
COMMUNITY-BASED ECONOMIC
DEVELOPMENT
$4m+ in direct funding for Hill
District-based economic-
development organizations
The Pittsburgh Central Keystone Innovation Zone is a program of Urban Innovation21. Urban Innovation21 is a public-
private partnership that boosts regional economic development through 21st-century innovation-driven entrepreneurship.
6. PITTSBURGH CENTRAL KEYSTONE INNOVATION ZONE
Significant transformation has occurred in the Greater Hill District
from 2007 until today.
▸ PCKIZ has supported 115 companies since 2007. These include:
The Resumator/Jazz, NoWait, AllPoint Systems, Bit-x-Bit, Special
Pathogens Laboratory, ShowClix, Pikimal/WebKite, and
dbMotion.
▸ 36 high-growth companies have started up, relocated, or are
growing in the Hill District and Uptown. The neighborhood
image has changed for the better (i.e. business development
and economic development can successfully occur)
10. INCLUSIVE INNOVATION INTERNSHIP PROGRAM
▸ Largest, most diverse innovation economy internship program in Pittsburgh region
▸ Students from Duquesne, Point Park, Carlow, CCAC
▸ PCKIZ companies, UPMC/Alcoa (Pittsburgh Promise), Community Partner Orgs
▸ 561 internship experiences at 126 companies*
▸ 55% female, 38% underrepresented minorities
▸ 84% graduated or will graduate from a 4-year program
▸ 79% graduated or will graduate from CCAC, 43% continuing to 4-year programs
▸ 80+% employer satisfaction (80% would hire, 87% “built capacity”)
▸ 68 interns hired by internship co.’s (69% women, 46% African American)
▸ 80% of employed alumni stay in Pittsburgh region
*As of December 2015
11.
12. CREATING AN INCLUSIVE INNOVATION ECONOMY
SUCCESSFUL
BUSINESSES THAT SUPPORT AN
INNOVATION-ECONOMY ECOSYSTEM
SUCCESSFUL
SUPPLY-CHAIN BUSINESSES
THAT CONNECT TO THE INNOVATION
ECONOMY
SUCCESSFUL INNOVATION-
ECONOMY BUSINESSES
INCREASE IN NUMBER OF MINORITY- &
WOMEN-OWNED BUSINESSES
13. OUR LOGIC MODEL FOR DISCIPLINED BUSINESS CREATION
CULTIVATE A PIPELINE OF
BUSINESSES VIA
COMPETITIONS AND
WORKSHOPS
FUND WINNING BUSINESSES
AND BUSINESSES SHOWING
PROMISE FROM WORKSHOPS
SUPPORT BUSINESSES WITH
WRAPAROUND SERVICES TO
MINIMIZE START-UP EXPENSE
INCENTIVIZE
COMPLEMENTARY BUSINESSES
TO LOCATE IN UNDERSERVED
COMMUNITIES
MARKET AND ADVOCATE FOR
LOCAL BUSINESSES
MONITOR AND HOLD
BUSINESSES ACCOUNTABLE
FOR METRICS & PRO FORMA
COMMITMENTS
14. SUCCESSFUL COMMUNITY-BASED ENTREPRENEURS
▸ GOAL: Create a cluster of businesses, owned
by residents of underserved communities, that
are connected to and profiting from our
region’s new prosperity.
▸ UI21 works with hundreds of community-
based entrepreneurs
▸ Successful entrepreneurs are connected
through contracts with anchor institutions
▸ Grant competitions provide wraparound
services to dozens of businesses annually
▸ KivaZip crowdfunding
▸ $46k in zero-interest loans to 11 borrowers
15. SUCCESSFUL COMMUNITY-BASED ENTREPRENEURS
▸ Since 2012*:
▸ Hill District: $135,000 in grants to 22 businesses
▸ 77% still in business
▸ 27 new jobs
▸ $767,000 in increased gross revenue
▸ Homewood: $250k in grants to 32 businesses
▸ 87.5% still in business
▸ 14 new jobs
▸ $247,000 in increased gross revenue
*As of March 2016
16. HILL DISTRICT COMMUNITY-BASED BUSINESSES
▸ Cupcakes Most
Wanted
▸ Ma’ats Righteous
Sweets
▸ Olmec Development
▸ Society Men’s
Grooming Lounge
▸ The Legacy Cafe
▸ EZDUZIT
Commercial
Cleaning
▸ Jessie Mae Peoples
Construction
▸ On The Go Fitness
▸ Power 59
Construction
▸ Uniqueca Dry
Cleaning
▸ Vision Towards
Peace
▸ Artistry Greenscapes
▸ Cameron
Professional Services
▸ Enjoyourself
▸ Grace Security
▸ Silq Concrete LLC
▸ The Pittsburgh Spot
17. HOMEWOOD COMMUNITY-BASED BUSINESSES
▸ A. Tyler Landscaping
▸ American Drain Cleaners
▸ Carter & Associates LLC
▸ Day La Soul
▸ Indulge With Mo
▸ KnotzLand
▸ Massage on the GO by
Teesha
▸ Rug Lab Carpet Cleaning
▸ SJ Designs
▸ Team PGH iPhone Fix
▸ The Green Empress Food
Truck
▸ The Rebellious Lotus
▸ Williams Flagger Logistics
▸ Be Smart Energy
▸ Cutting Edge Lawn Care
▸ Homewood Purpose
▸ In A Reel LLC
▸ K-Theatre Dance Complex
▸ Pittsburgh Barber College
▸ Productivity LLC
▸ SHINE Society of Excellence
▸ The Wheel Mill
▸ Wine and Words Pittsburgh
▸ Dorsey Records
▸ East End Notary
▸ Hajj Media
▸ Jones Printing
▸ Lady D’s Mini Mart
▸ Lively Roots
▸ Sustainable Homecare
Solutions
▸ Uncle Mike’s Sandwich Shop
18. HOMEWOOD INNOVATION ZONE
▸ GOAL: Replicate the success of the PCKIZ model to build a healthy business ecosystem in
Homewood through cluster creation.
▸ Successful clusters create a supportive business environment, increasing cluster members’ chances
of success
▸ Employees of cluster businesses support ancillary/supply-chain businesses
▸ Supply-chain businesses employ community residents
▸ High-growth clusters develop partnerships with community groups, giving residents access to jobs
▸ A strong business ecosystem creates & sustains jobs
▸ Successful clusters provide entrepreneurial opportunities for community residents:
▸ Cooperative businesses
▸ Equity stakes in new business ventures
▸ Traditional business ownership opportunities
19. HOMEWOOD INNOVATION ZONE - PROGRAMS AND INITIATIVES
▸ Small Business Grant Competition
▸ $100k in annual awards to Homewood entrepreneurs & business owners
▸ Over 50 grant recipients since 2013
▸ Support for newly-formed Homewood-Brushton Business Association
▸ Network of over 80 Homewood entrepreneurs & business owners
▸ Connections to citywide business-development resources & services
▸ CUE Pittsburgh, in partnership with City of Pgh, Google, Carnegie Library of Pittsburgh, Chatham CWE, & others
▸ 12-week “Digital Upgrade” workshop to improve businesses’ online presence
▸ Community-Based Intern Program
▸ Paid interns for local businesses & nonprofits, including TEKStart LLC, SHINE Society of Excellence, Homewood
Children’s Village
▸ Business Development Consultation
▸ UI21 CEO-In-Residence evaluates the business, identifies required resources for expansion/stabilization, connects to
UI21 partners, & provides entrepreneurial education through workshops and one-on-one consultations
20. REED SMITH PRO BONO LEGAL SERVICES PROGRAM
▸ Pro bono legal services for qualifying community-based
businesses
▸ Formal attorney/client relationships identical to those of
paying Reed Smith clients (including Fortune 1000
companies)
▸ Since inception in 2013:
▸ 35 participating community-based businesses
▸ $700k+ in services provided
21. CITIZEN SCIENCE LAB
▸ Unique, state-of-the-art life
sciences lab open to the
community
▸ STEM/STEAM programs during
and after school
▸ Weekend workshops for adults
▸ Summer camps
▸ Available resources for individuals
and businesses