This document discusses the future of social investment and policy developments to accelerate the social economy. It notes that individual investors will be key to funding social enterprises given limitations of governments and financial institutions. Various investment instruments like equity, loans, and hybrids will be needed. Funding will be delivered through ethical institutions, advisors, angel networks, and online platforms. Governance, transparency, and professionalism will be important conditions for social enterprises seeking investment. The author's company ClearlySo aims to be a marketplace to connect social businesses with suppliers, investors, and customers.
Basic rules of venture finance at Venture Out Moldova, Fall 2013David Kirsch
Slides review basic rules of venture finance and considerations when thinking about how to raise money and from whom. Includes overview of crowdfunding.
Basic rules of venture finance at Venture Out Moldova, Fall 2013David Kirsch
Slides review basic rules of venture finance and considerations when thinking about how to raise money and from whom. Includes overview of crowdfunding.
The Netherlands is facing public sector cuts in a similar way to the Uk has already experienced. This presentation was given to a public sector conference in Utrecht focused on \’new financial mechanisms\’ and illustrating innovative models from the UK
IN THIS SUMMARY
In At the Crossroads, Philip Coltoff examines how not-for-profit organizations can address today’s critical issues in ways that will help redefine their missions and expand their visions. Not-for-profits, because of their size, budgets, and number of employees, are considered the third sector in American life, joined by the for-profit free enterprise system and government. Due to recent social and economical crises, the not-for-profit industry is struggling to provide for its growing number of clients. Coltoff examines the full scope of issues that must be addressed for the not-for-profit industry to grow, meet its obligations, and secure its place in the American social system.
SUBSCRIBE TODAY
http://www.bizsum.com/summaries/crossroads
SiG@MaRS hosted a recap of the inaugural Social Capital (SoCap) Markets Conference held in October 2008 in San Francisco. Kerri Golden, Karim Harji, Michael Lewkowitz and Allyson Hewitt discussed the event, recent developments in the Social Finance marketspace, and the relevance of SoCap for Ontario and Canada.
A Blueprint for Fundraising – the small charities’ guide to fundraising and fundraising regulation. Its 250 pages are designed to provide Charity Trustees, Charity Directors and Fundraisers with the practical know-how they need to implement and manage the kind of modern, full spectrum, organised fundraising programmes operated by the big charities. Please check these slides to get insights of all 14 chapters.
Professor Mervyn King is a Senior Counsel and former Judge of the Supreme Court of South Africa. He is Professor Extraordinaire at the University of South Africa on Corporate Citizenship, Honorary Professor at the Universities of Pretoria and Cape Town, a Visiting Professor at Rhodes and the chairman of the International Integrated Reporting Council.
The Netherlands is facing public sector cuts in a similar way to the Uk has already experienced. This presentation was given to a public sector conference in Utrecht focused on \’new financial mechanisms\’ and illustrating innovative models from the UK
IN THIS SUMMARY
In At the Crossroads, Philip Coltoff examines how not-for-profit organizations can address today’s critical issues in ways that will help redefine their missions and expand their visions. Not-for-profits, because of their size, budgets, and number of employees, are considered the third sector in American life, joined by the for-profit free enterprise system and government. Due to recent social and economical crises, the not-for-profit industry is struggling to provide for its growing number of clients. Coltoff examines the full scope of issues that must be addressed for the not-for-profit industry to grow, meet its obligations, and secure its place in the American social system.
SUBSCRIBE TODAY
http://www.bizsum.com/summaries/crossroads
SiG@MaRS hosted a recap of the inaugural Social Capital (SoCap) Markets Conference held in October 2008 in San Francisco. Kerri Golden, Karim Harji, Michael Lewkowitz and Allyson Hewitt discussed the event, recent developments in the Social Finance marketspace, and the relevance of SoCap for Ontario and Canada.
A Blueprint for Fundraising – the small charities’ guide to fundraising and fundraising regulation. Its 250 pages are designed to provide Charity Trustees, Charity Directors and Fundraisers with the practical know-how they need to implement and manage the kind of modern, full spectrum, organised fundraising programmes operated by the big charities. Please check these slides to get insights of all 14 chapters.
Professor Mervyn King is a Senior Counsel and former Judge of the Supreme Court of South Africa. He is Professor Extraordinaire at the University of South Africa on Corporate Citizenship, Honorary Professor at the Universities of Pretoria and Cape Town, a Visiting Professor at Rhodes and the chairman of the International Integrated Reporting Council.
How IR Infrared Thermography Training and certification can greatly improve process and manufacturing reliability, increase electrical contractors and home improvement specialist's business revenue, and improve the individual's career opportunities. The Online Infrared Training Center opens new doors for both businesses and individuals. Watch and share this Infrared Thermography presentation to learn more.
PLC Networking Basics powerpoint downloadable and with instructor's notes to give more detail. This learning project is networking 5 computers to one Controllogix PAC (advanced PLC) via WiFi. PLC/PAC are automation controllers in process and manufacturing industries primarily. Although PLC/PAC are also used to control all infrastructure and have many niche applications. This basic networking mini course may be of interest to Maintenance, Maintenance Technician, Electrician, Industrial Electrician, Electrical Technician, Electromechanic Technician, Engineer, Engineering, Industrial Engineer, Control Engineer, Plant Engineer, Manufacturing Engineer, Instrument Tech, E/I, SCADA Technician, Controls Specialist, Process Control Technician, Service Technician, Field Service Technician, I&C Team Leader, Electrical Contractors, PLC Instructors, Electrical Instructors, Industrial Technology Instructors, Production Support Technician, Lead Technician, DCS Engineer, DCS Administrator, Water Treatment Specialist, Master Technician, Utility Technician, Technologist, Production Mechanic, HVAC Mechanic, Maintenance Superintendent, Engineering Manager, Project Engineer, Production Supervisor, IT Manager, Facility Service Supervisor and others.
Take your manufacturing company to the next level of Lean TPM with Autonomous Maintenance Level 2 Training Program. (Warning: May result in higher equipment operator ownership and increased equipment reliability. Also been known to result in higher company profits.) So consult your Lean manufacturing practitioners before using AM2 training program. :>)
Presented by David Floyd, Managing Director, Social Spider, at NCVO's 2015 Evolve Conference.
One of two presentations covering the alternative finance landscape.
The Social Enterprise Alliance North Texas Chapter convened entrepreneurs, nonprofit executives and social enterprise practitioners in June to learn about new legal and tax structures for social enterprise organizations. New hybrid organizations are adopting emerging social enterprise models, employing innovative strategies, and creating business alliances to drive positive social change. This interactive presentation helped nonprofit leaders and social entrepreneurs understand a myriad of legal, tax, and governance challenges in the Fourth Sector and learn ways to overcome them by using business efficiencies to achieve nonprofit goals. Marc Lane, a national-recognized expert on social enterprise law, led the discussion and offered his practical advice and answered questions about these issues and others:
The L3C business model and how social enterprises are already benefiting
Relieving legal tension between financial and social objectives
Understanding social enterprise legal issues
· Reducing the risks and financial burden of earned-income social ventures
· Leveraging foundations' "program-related investments" to attract private-sector capital for earned-income ventures
Converting nonprofit funders into social venture capitalists
Noted national author, attorney and entrepreneur/social entrepreneur and L3C guru discusses key issues to keep in mind when deciding whether to be a for-profit or a not-for-profit organization. He also discusses the lasted events in the growing L3C movement for the social sector.
Social enterprise & philanthropy: their role in the new Big SocietyGiving Centre
Presentation by Eleanor Shaw to the Institute for Small Business and Entrepreneurship Special Interest Group Debate on the Big Society and Social Entrepreneruship & Philanthropy
The Global Social Impact Investment Steering Group (GSG) was established in August 2015 as the successor to the Social Impact Investment Taskforce, established by G8. The GSG is continuing the work of the Taskforce in catalysing a global social impact investment market across a wider membership. Its members include 13 countries plus the EU, as well as active observers from government and from leading network organisations supportive of impact investment.
Across the world, attitudes are changing. Old certainties about tightly defined roles for government, civil society and business are dissolving. Social sector organisations are becoming more business-like, and business is looking ever more to delivering sustainable value.
Session 1: Welcome & Social Sector Access to Finance
Session 2: Social Investment and Match Funding
Session 3: Social Investment Tax Relief
Session 4: Details of RfP
Session 5: The View from the Frontline
Report about Social Impacts Bonds prepared by ABN Amro. Taken from this web-site: http://www.abnamro.com/en/images/040_Sustainability/050_Reporting/Files/Summary_Sustainability_Report_2013_EN-.pdf
This guide aims to explain to any and all young people exactly what a social enterprise is. It includes information on legal structure, shining examples, organisations offering support, and the money available to social enterprises. Altogether, this guide should be all you need to learn the basics about social enterprise.
1. The first marketplace for social business & enterprise, commerce and investment Overcoming Barriers to Social Investment: Achieving the Highest Social and Financial Gains—Investigating Current Policy Developments and the Future Policy Horizon Rodney Schwartz CEO Westminster Briefing 24 February, 2010
2. Overcoming Barriers to Social Investment: Achieving the Highest Social and Financial Gains—Investigating Current Policy Developments and the Future Policy Horizon=What can Government do to accelerate the Social Economy?
3. My background: A “financial guy” seeking redemption (and fun) in social investment financial sector and investment social investment 1980 2008 1999 2008 1999 1980
4. ClearlySo: A social business & enterprise, commerce and investment marketplace ii Social Enterprises Suppliers Investors
5. Social businesses and enterprises on the site 17% of businesses on site are non-UK based (as of Jan 2010)
7. Catalyst Fund Management & Research Raising £40 million from institutional investors in Europe to back high-quality social businesses focused on four sectors: Health & Wellness, Education & Training, Ethical Consumerism and Energy Efficiency Clear measurement of “social impact” Managed by team of professionals (not me, but I founded the business in 1997)
9. So let’s look ahead at the outlook for social enterprise funding
10. Changes to social enterprise funding: A Strategic View sources of funding types of instruments delivery mechanisms conditions
11. What is the background at present for social enterprises? 62,000 SEs in the United Kingdom; growing fast as a sector in size and importance Very much the “flavour of the month”; popular with politicians across the political spectrum Largely government-backed; although foundations are increasingly involved Levels of funding have been microscopic to date
12. 1. Future sources of social enterprise funding The Government is in a very tricky position: It is in bad financial circumstances and in denial However, it wants to and needs to shift expenditure towards the social enterprise sector Financial institutions are unlikely to fund SEs: Partly because they cannot and partly because they will not “Ethical” institutions may make up a small part of the gap, but these are often Government funded Individual investors will be “the answer”
13. What do we mean by individual investors? social businesses individuals government financial institutions
14. 2. What sorts of instruments will predominate? Grants — probably will decline in importance: Govt problems and issues for foundations The grant process is structurally challenged Loans — also an awkward form for SEs: Many lack repayment or servicing ability Traditional lenders are belatedly “gun-shy” Equity — an essential role to play Hybrids — also will feature due to increasingly complex needs and desires
15. The Case of HCT Group Background: HCT is a large and successful social enterprise operating community transport services in Hackney, Yorkshire and elsewhere. It was seeking to broaden its funding sources from sole reliance on lease finance We have been advising the company and in mid-February will close a round of debt and hybrids (quasi-equity) of £3-5 million, backed largely by ethical investors who see this as an emerging “benchmark” transaction
16. An aside on this issue of complexity Risk Risk Social Impact Return Return And let’s not pretend we understand what we mean when we discuss social impact
17. 3. How will the funds be delivered? Traditional intermediaries — I doubt it Ethical financial institutions — Yes, but limited Advisers — Absolutely; especially for HNWIs Direct via introduction — most certainly Angel investment clubs ClearlySo “Social Sector Speed Dating” (Epona) Direct via the internet — Absolutely!!
18. Ethical financial institutions — Yes, but limited Advisers — Absolutely; especially for HNWIs Direct via introduction — most certainly Angel investment clubs ClearlySo “Social Sector Speed Dating” Direct via the internet — Absolutely!!
19. Applying the lessons of Zopa.com and Justgiving.com to social investment Zopa does peer to peer lending and has enjoyed rapid growth since its inception Justgiving has facilitated over £500 million in charitable giving; over £189 million in 2009 Many businesses are seeking to copy this success in social investing: ClearlySo MyC4 Mission investing
20. 4. What sorts of conditions will pertain? Governance Transparency Clarity Professionalism “Pitching” ability
21. My personal journey: What can I do to make social entrepreneurs more successful? Be aware of limitations: Environmental Resources Time Talents (we all have some) Get started Regular checks on how things are going
22. Thank you. Please feel free to get in touch! Rodney Schwartz (rod@clearlyso.com) Twitter: @rodneyschwartz The Social Business Blog (www.clearlyso.com/sbblog)
Editor's Notes
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Started Catalyst in 1997, began shift into “social sector” in 1999. Profitable high-growth businesses, no heavy lifting. We are aiming to prove you can make money and generate social impact by backing the best social entreps.
We began to be approached by businesses looking for advice, assistance and at times Board members. Like with the Fund, we concentrate on helping leaders to become really successful. In our area, there is loads of attention to the earliest stage social entreps to run with their idea. We felt to create substantial impact we needed to help those with a chance to be very successful—the next Body Shop.
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I always try to answer the question asked—especially when the guy asking them is 6’8”
The only definitional slide
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David’s second request was that he asked me to discuss my own personal journey within the context of the above. What I would like now to do is to briefly point out my background and how I decided to apply it to this new field—became a social entrepreneur for social entrepreneurs