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SOCIAL ENTERPRISE:

MAKING MONEY DOING GOOD

AGENDA

INTRO

Who is here?

What is a social enterprise?

Business models

Intro to Design Thinking

Measuring social impact

Time to innovate

What support is out there?

Are You a

Social Entrepreneur ?

Go to www.menti.com

YOU

Use the code 3876 0976

WHAT DRIVES US

WHAT

DRIVES US

WHAT IS A SOCIAL ENTERPRISE?

IMPACT

“Businesses with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximise profit for shareholders and owners.”

BUSINESS

MODEL SPECTRUM

SOCIAL ENTERPRISE

BUSINESS

CHARITY

KEY

FEATURES

KEY

FEATURES

Clear purpose driven mission

Income through business activity

Reinvest profits

JELLY DROPS

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GAME CHANGERS

Mitscoots

Mitscoot

Grameen Bank

Grameen Bank

Harry Specters

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Clinks Care Farm

Snake Oil

In the Old West, the wily snake oil salesman had a special talent, getting the most skeptical customers to buy the most dubious products.

The object of the game is to “sell” wacky products to crazy customers.

Look at your hand of 6-word cards, combine 2 words to create a product that will appeal to the customer, then make a 30-second sales pitch.

As the customer I will choose the winning pitch

IDEAS & INNOVATION

https://www.snakeoilgame.com/sojj-intro

DESIGN THINKING

User led design process

DESIGNING

FOR PURPOSE

VALDATING

YOUR IDEA

MEASURING IMPACT

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Suffolk Circle

http://dharmafly.com/circleviz/

Evidencing change

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ENACTUS

https://www.ueasu.org/opportunities/society/EnactusUEA/

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BENEFITS

SOCIAL INNOVATION

Instructions

  • As a group read through your Issue Cards

  • Think about the group of beneficiaries you want to help in terms of needs, wants and barriers

  • Use questions on your issue cards to help you refine your idea to tackle the social issue in hand

  • After 30 minutes you'll be asked to pitch your idea
  • First research the problem, try to understand it and explore who is already trying to solve it
  • Come up with as many ideas as possible
  • Then focus on developing one idea

SUPPORT

MAKE IT HAPPEN

UEA

Coaching, mentoring, workshops and grants

Unltd

Grants and toolkits

Lola Stafford Consulting

FREE Startup Workshop Series

School for Social Entrepreneurs

Courses and workshops

Cambridge Social Ventures

Intensive workshop and 12 month incubator programme

Bethnal Green Ventures

Upto £20k investment, 6 month free office space and three-month intensive programme

LEGAL STRUCTURES

Unincorporated association

(which may also be a registered charity)

Company limited by guarantee

(which may also be a registered charity)

Company limited by shares

Community interest company- CIC (shares or guarantee)

Charitable Incorporated Organisation - CIO

Co-operative

FUNDS

GRANTS

UEA

UNLTD

Trusts & foundations

SOCIAL INVESTMENT

Repayable finance to achieve a social purpose - not a grant

Through an organisation

  • specialist social investment firms
  • social banks

Direct from an individual

  • Social Angels
  • Crowdfunding
  • Community shares

NEXT STEPS

Make the Move...Take the Leap... Make it Happen

Sign up to our monthly newsletter

https://mycareercentral.uea.ac.uk/Form.aspx?id=2108097

Book an appointment to discuss your idea Email: info.enterprise@uea.ac.uk

Apply for funding to test your idea Next deadline 9am Tuesday 19th November 2024

https://mycareercentral.uea.ac.uk/students/infopages/detail/130

Book on other workshops to develop your skills https://mycareercentral.uea.ac.uk/students/events/Type/10/start-your-own-business

Learn more about Social Enterprise

Join Startup Social, peer-peer support/working group to keep you moving forward. https://www.facebook.com/groups/246815732414469

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