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6th European University-Business Forum PARTNERSHIPS FOR JOBS AND GROWTH Social Innovation and Social Entrepreneurship Ellen Shipley, Partnership & Support.

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Presentation on theme: "6th European University-Business Forum PARTNERSHIPS FOR JOBS AND GROWTH Social Innovation and Social Entrepreneurship Ellen Shipley, Partnership & Support."— Presentation transcript:

1 6th European University-Business Forum PARTNERSHIPS FOR JOBS AND GROWTH Social Innovation and Social Entrepreneurship Ellen Shipley, Partnership & Support Manager UnLtd SEE Change Programme March 2015

2 UnLtd: Our Vision UnLtd is the foundation for social entrepreneurs in the UK and we reach out and unleash the energies of people who can transform the world in which they live. We call these people social entrepreneurs. UnLtd is a charitable company, and is also the trustee of the Millennium Awards Trust, endowed with £100,000,000 in funds from the UK National Lottery, and overseen by a Protector of the Trust. A world where people act to make it better

3 OUR WORK We back around 1000 people each year to start their own ventures for social or environmental benefit, with a mix of cash, development support and networking. We then support around 50 per year to get to scale, with more intensive support. We support other agencies in the UK and internationally to develop their own start up social entrepreneur support programmes, creating a learning network. Backing social entrepreneurs

4 WHO ARE... People with: Potential to make positive change Passion to solve a social problem Who have: An idea for a solution Entrepreneurial qualities Who are: Resilient and resourceful Determined to make their idea a reality Social entrepreneurs? 238,000 People in UK trying to start a social venture (0.4% of population) 1.7m Leading one now (2.8% of population)

5 Our Awards HEIs are adopting and adapting TRY IT Up to £500 To test an idea To develop confidence and entrepreneurial skills DO IT Up to £5,000 For exceptional people to start their journeys, building entrepreneurial skill and capacity BUILD IT Up to £15,000 For existing ventures ambitious to grow, but not necessarily to national scale FAST GROWTH Up to £20,000 Can be given to ventures at any stage of development For people ambitious to scale rapidly

6 Some tangible outcomes m Total number of beneficiaries reached by survey respondents in a year £45 million Wage value of jobs created each year 76% of social entrepreneurs we support are still running their venture 3 years after getting an Award from us 95% of social entrepreneurs supported create social capital and promote trust in communities 69% of social entrepreneurs supported train people 97% of social entrepreneurs supported said that their UnLtd funding was important to get their venture to its current position

7 Social Entrepreneurship in Education

8 OUR JOURNEY SO FAR adopt, adapt, embed, amplify PHASE 1 Dare To Be Different 2009 – 2011Awareness: UnLtd deliver in 70 HEIs Outcomes and impact 200 new social ventures created by staff and students After 12 months: each social venture achieved on average 540 beneficiaries, average of 2 jobs,12 volunteers, and £5,800 in additional income. Evaluation revealed: enhanced teaching, research impact, knowledge exchange, staff development Evidence of social entrepreneurship as ‘learning by doing’ approach. PHASE 2 HE Support 2012 – 2013 UnLtd work with 56 HEIs to deliver support Effective eco-system of support for staff, student and graduate social entrepreneurs – embedding in HEI structures Funding up to £25,000, matched by cash, staff time and facilities National and regional training events: developing resources and sharing effective practice Build capacity of HEIs to establish systems, tools, methods and processes. Networks and collaboration

9 PHASE 3 SEE Change Partners HE sector will lead on knowledge exchange, skills transfer and mainstreaming support for Social Entrepreneurs £2m pilot investment in HE 59 Awards Programme HEI Partners – ‘finding, funding and supporting’ student, staff and graduate social entrepreneurs across each and every institution 8 funded Regional and Thematic Clusters of universities and other partners creating local impact and ecosystems of support for social entrepreneurs 11 funded ‘Scale and Growth’ partners, all at different stages of developing funding, support and infrastructure for high potential SEs and all demonstrating existing pipeline 5 funded Innovation Partnerships bringing in external innovation outside of the HE Sector

10 Why Should Universities Support Social Entrepreneurs? Universities have had to become more responsive to students‘ needs:  Enhancing the student experience  Increases student employability – ‘Learning by Doing’  Contributes to the wider society by supporting social ventures

11 The wider community is positively impacted Ventures address a wide range of social needs, below we can see the needs that were directly met by the supported social ventures.

12 What next?... Towards a possible ‘Phase 4’… HEFCE as the cornerstone, but no longer a sole funder A focus on international work Ecosystem-building A focus on embedding this work Mechanisms for developing and building on culture change Social Innovation as a key agenda

13 A quickly expanding network GLOBAL SOCIAL ENTREPRENEURSHIP NETWORK (GSEN) 13 With already 43 GSEN members creating impact in 36 countries Member organisations Membership in discussion

14 THANK YOU Please contact: or our Team Lead: https://unltd.org.uk/seechange/ entrepreneur/


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