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Social Entrepreneurship Workshop Monday 15 April.

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Presentation on theme: "Social Entrepreneurship Workshop Monday 15 April."— Presentation transcript:

1 Social Entrepreneurship Workshop Monday 15 April

2 Ideas Challenge 1,000 words for $1000

3 Ideas Challenge - Due 7 May

4 What is Social Entrepreneurship? Chris Woods Deb Shepherd

5 Social Entrepreneurship Commercial Entrepreneurship What are the differences? What are the similarities?

6 Social entrepreneurs play the role of change agents in the social sector, by: Adopting a mission to create and sustain social value (not just private value), Recognizing and relentlessly pursuing new opportunities to serve that mission, Engaging in a process of continuous innovation, adaptation, and learning, Acting boldly without being limited by resources currently in hand, and Exhibiting heightened accountability to the constituencies served and for the outcomes created. (Lees, 1998; p 4)

7 Think again? “Entrepreneurship is a way of thinking, reasoning, and acting that is opportunity obsessed, holistic in approach, and leadership balanced.” (Timmons, 1999; p 27) Motivation aside, is there really a difference? “Social entrepreneurs are one species in the genus entrepreneur” (Dees, 2001; p 2)

8 Opportunity in social entrepreneurship o Identify Have you identified a real need? Or just an interest of yours? o Evaluate Apply some critical business eyes over the reality of the situation and your idea. o Exploit MAKE IT HAPPEN! Venture summary – business planning (IT’S A VERB!) The reader should be left with no doubt as to your ability to execute… present a compelling case, don’t just rely on people getting caught up in your passion.

9 Adaptation of the Business Model Canvas

10 Example of a Social Enterprise: I Am Challenge Dan Callum

11 Ideas Challenge template Chris & Deb

12 Break

13 Example of a Social Enterprise: Savy James Ruddell

14 Measuring the Impact Resourcing your Social Venture Geoff Cooper Aotearoa Development Cooperative

15 Judge’s session Darsel Keane

16 What Judges Look For S1. What is your idea? (40) What is the product or service you are trying to sell? What problem/opportunity does your product/service address? Originality and innovation of idea – is there a ‘WOW” factor? Is it feasible/logical/accomplishable? How close is the idea to implementation? Is it scalable? In and beyond NZ? S2. Describe your market / target audience (40) Who, specifically, will you sell/provide services to? How big this market? Why will they buy your product/service? And how do you know this? Who are your competitors? How well is the need/opportunity defined? How significant/important is the issue being met? How major will the impact of the idea be? S3. Describe your team (15) Include a brief description of each team member and the role they will play in the venture. Quality, breadth and capability of team S4. What resources do you have or need to continue the development of your idea? (5) Resources at their disposal

17 Wrap up and next steps Deb & Chris

18 Ideas Challenge 1,000 words for $1000

19 Ideas Challenge - Due 7 May

20 Thank you for coming

21 Networking & Pizza

22 Foundation Partners Gold Sponsors Silver Sponsors Bronze Sponsors Media Partner Video Media Partners

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