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Blended Value - Social Business & Social Enterprise
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Social enterprise is defined as a business operation commonly run by a charity or non-profit organization. Revenue raised by the business operation is reinvested into the charity or non-profit to support their programs and operations.
Socially Responsible Business or Social Purpose Business is a profit-making enterprise that has a positive social and/or environmental impact. The blend is the combination of profit, social, and environmental return on investment.
What is Blended Value?
The outcome of all this activity
is value creation and that value is itself
non-divisible.
Value is what gets created when investors invest and organizations act to pursue their mission.
Blended Value Proposition states is that all organizations, whether for-profit or not, create value that consists of economic, social and environmental value components—
and that investors (whether market-rate, charitable or some mix of the two) simultaneously generate all three forms of value through providing capital to organizations.
Jed Emerson
How does it look?
The Road Ahead.
A social entrepreneur is someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and manage a venture to make social change.
Social Finance
Social Purchasing
Policy - legal considerations
SME
Social Washing
Social entrepreneurship is the practice of responding to market failures with transformative and financially sustainable innovations aimed at solving social problems.
What's Different?
New Framework, New Language
What are we seeing?
- Not CSR
- Not CI
- Not Philanthropy
- Not Fundraising
Social Enterprise
Social Business
Examples:
- Ethnicity Catering
- Venu 1008
- Right Stuff
- Atira Property Management
Trico Foundation
- Enterprising Non-Profits Alberta
- Social EnterPrize
- Nov. 17 Conference
ECF Social Enterprise Fund
Social Enterprise Council of Canada
Skoll World Forum
Examples:
- Spud
- Stonyfield Farms
- Seventh Generation
- Deliver Good
Trico Foundation
- Canadian Youth Business Foundation
(Socialprenuer)