Community, Conferences, Social Change, Social Entrepreneurship, Social Innovation & Change

[ CCSE ] Former PM Paul Martin on Social Enterprise

Former Prime Minister of Canada Paul Martin speaking at the Centre for Social Innovation in Toronto as part of the 3rd Canadian Conference on Social Enterprise.

Paul Martin touched on the topic of creating an enabling environment for social entrepreneurs, and coming from a government/policy background, he urges the Canadian government to provide the same incentives to social entrepreneurs it provides to business entrepreneurs as a way to level the playing field. This will only happen if we choose to act on pushing for governance policy changes to create the proper legal and taxation structures in order for social enterprises to thrive in Canada. This can be achieved through public policy advocacy at the federal and provincial levels.

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Business of SE
Community, Conferences, Social Change, Social Entrepreneurship, Social Innovation & Change

[ CCSE ] The Business of Social Enterprise Workshop Session – Day 1

Im currently sitting in the foyer of the George Brown College Institute of Entrepreneurship and Community Innovation in downtown Toronto, waiting for the workshop on “The Business of Social Enterprise” to begin. It should prove useful. I’ll update this post as the day goes by. If you’re on twitter, follow the #ccse hashtag for conference proceedings.

It is interesting to see the conference workshops being held in different parts of the city, as well as a tour of a number of social enterprises located throughout Toronto incorporated into Day 3 of the conference.
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CCSE3_ENfin_100109.pdf (1870 KB)

Posted via email from Renjie Butalid

Business Model Canvas
Community, Conferences, Featured, Social Change, Social Entrepreneurship, Social Innovation & Change

Business Models Beyond Profit

Business Models Beyond Profit – Social Entrepreneurship Lecture

Business Models Beyond Profit, is a slide deck that has been making the rounds within a number of social enterprise circles lately, incorporating critical elements of social and environmental impact, on top of the necessary condition of generating revenue in order to be self-sustaining. In other words, the essence of social enterprise.

If you would like to understand the relationship between social entrepreneurship, social enterprise and social innovation and how they all seemingly relate to one another, I would encourage you to read my previous blog post on this topic.

I have found the Business Model Canvas to be an extremely useful tool when thinking about some of the projects and ideas that I am currently working on. Hopefully, you will find it useful as well, especially if you have found yourself hitting a brick wall when it comes to developing a business model(s) for your own ideas/startup ventures.

See and download the full gallery on posterous

Credit goes to Alex Osterwalder and his team over at Business Model Generation for their work in putting this resource together.

Continuing the discussion on social enterprise, I am also looking forward to attending the 3rd Canadian Conference on Social Enterprise, set to take place in Toronto November 18-20, 2009.

As part of the conference, a policy forum will be held November 19-20  for social enterprise practitioners, funders, government, academics and others interested in shaping policy that will help stimulate the social enterprise sector in Canada. In preparation for the policy forum, the organizers have set up a wiki and have asked for input to help craft a National Policy Agenda for Social Enterprise, founded on six pillars:

This should be interesting, and Im looking forward to the discussions and the action items that emerge from the conference.

Posted via email from Renjie Butalid

Paul Polak
Featured, Social Change, Social Entrepreneurship, Social Innovation & Change, Tackling Poverty

Solutions to Help Millions of People Escape Poverty

Paul Polak, founder of International Development Enterprises (IDE) and author of Out of Poverty, spoke at the University of Waterloo on Thursday night where he discussed solutions to help millions of people escape poverty.

Paul, along with Gerry Dyck, IDE’s first staff member, told the story of the organization, that has grown over the course of 28 years, to impact the lives of over 17 million people who live on less than a dollar a day.  IDE was founded as a non profit organization, on the premise that the world’s poor were customers and needed to be treated as such.

From a BusinessWeek article on Paul Polak and IDE:

Founded by Polak in 1981, IDE is based on the belief that there are simple solutions to the seemingly complex problem of poverty, and that those solutions are based on enabling the entrepreneurial spirit of the poor. The logic of IDE’s approach is so simple it seems ridiculously obvious: Poor people are poor because they don’t have enough money; 800 million of the world’s poorest earn their living from one-acre farms; those people could earn more if they knew how to grow high-value crops; to do that, the poor need access to very cheap tools—seeds, fertilizer, irrigation—and to markets where they can sell their goods. 

Given this, IDE’s focused mission has been to develop radically low-cost tools that will help subsistence farmers become small-scale commercial farmers. For instance, IDE’s $25 treadle pump (a foot-powered suction pump) enables a family working two to six hours a day to irrigate a half-acre of vegetables during the dry season and earn an average of at least $100 a year after expenses. Other products include a $40 water storage tank and a drip irrigation system that costs roughly $200 an acre, four-fifths the cost of a conventional system. 

IDE therefore operates much like a business, a ‘multinational for international development’ as Paul put it on Thursday night. On top of IDE, Paul is keeping himself busy with two relatively new organizations: D-REV, a non-profit fostering a revolution in design for the other 90%, as well as Windhorse International, a for-profit company fostering a revolution in how big business designs, prices and markets its products.

What really speaks to the power of the untapped market place of 1.1 billion people who live on less than a dollar a day (with the next billion living on less than two dollars a day), are the metrics of success that IDE has been able to achieve since its founding in 1981:

Impacting the lives of 17 million people, or the equivalent of 3.5 million families thus far, IDE has been able to achieve:

Total of $78 million in grants and research funding received from foundations and government agencies

Total of $139 million invested in their products by people living on less than a dollar a day

Total of $288 million increase in Net Annual Income for Dollar-A-Day farmers

One of the major takeaways that I took from the lecture has to do with the opportunities that exist in the global marketplace: how we know everything there is to know about targeting affluent customers in the developed world, and yet, know nothing of how to target the other 90% of customers in the rest of the world. 

Paul made it clear that there are certainly opportunities that exist out there, and you can find them if you go out there with an open mind and an interest in seeking out them out. As with any entrepreneurial venture, it takes courage and guts as well. More importantly, it takes knowing your customers well, and this takes a commitment to go where the action is, and to talk to people and listen to them, learning about their lives, seeing and observing.

If you are interested in learning more about market-based solutions to the challenges of global poverty, I would recommend reading Emerging Markets, Emerging Models published by the Monitor Group in March 2009.

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