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Transforming lives and communities
through social entrepreneurship
Keston Perry
Founder, KUMBA Consulting Group/ New Maroons Media
JCI Seminar Series
Thursday September 12, 2013
Kelvin ‘DJ Focus’ Doe in Sierra Leone
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Creativity
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Entrepreneurship defined
• 3 dimensions of entrepreneurship
• Create value (generate profit or social benefit)
• Implement an original idea or incrementally significant
idea
• Coordination of resources (social, financial and human)
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Entrepreneurship / Innovation nexus
© 2013 KUMBA Consulting Group.
All Rights Reserved.
Qualities of a social entrepreneur
• Ambitious: tackle major social issues; social vision ;
– Organisational forms: Innovative nonprofits, Social-purpose ventures, hybrid
organizations that mix elements of non-profit and for-profit organizations.
• Mission driven: Generating social value —not wealth—is the central criterion of a successful
social entrepreneur.
– promoting systemic social change.
• Strategic: opportunities to improve systems, create solutions and invent new approaches
that create social value.
• Resourceful: limited access to capital and traditional market support systems.
• Results oriented: produce measurable returns. These results transform existing realities,
open up new pathways for the marginalized and disadvantaged, and unlock society’s
potential to effect social change.
(Martin & Osberg, 2007)
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Challenges
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Challenges
• Learning and Physical
Disability
• Crime / Juvenile Delinquency
• Poverty / vagrancy
• Illiteracy
• Cultural disengagement
• Digital Divide
• Lifestyle diseases
• Governance / People
participation
• Unemployment
• Family dysfunction
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Social Enterprise Cases
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Financing
• Social Entrepreneurship Program
– MIF/IADB
• Ministry of Labour, Small and
micro-enterprise Development
• Ministry of Community
Development
• Corporate Social Responsibility
initiative – e.g. Repsol
• International Support – Canadian
High Commission, British Council© 2013 KUMBA Consulting Group. All
Rights Reserved.
Community
Involvement
• Support system / network
• Community-driven and
owned
• Listening, learning and
action
Strategic and long-term
© 2013 KUMBA Consulting Group. All
Rights Reserved.
Sustainability
• The ability to endure into the
future through effectively
catalysing networks,
resources and creating long
term positively impact on the
community.
• Funding model – trading or
selling a product; donations;
contracting services
• Reinvestment© 2013 KUMBA Consulting Group. All
Rights Reserved.
Thank You
kumba.consulting@gmail.com
www.thenewmaroons.com
@kestontnt
© 2013 KUMBA Consulting Group. All
Rights Reserved.

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Transforming lives and communities through social entrepeneurship

  • 1. Transforming lives and communities through social entrepreneurship Keston Perry Founder, KUMBA Consulting Group/ New Maroons Media JCI Seminar Series Thursday September 12, 2013
  • 2. Kelvin ‘DJ Focus’ Doe in Sierra Leone © 2013 KUMBA Consulting Group. All Rights Reserved.
  • 3. Creativity © 2013 KUMBA Consulting Group. All Rights Reserved.
  • 4. Entrepreneurship defined • 3 dimensions of entrepreneurship • Create value (generate profit or social benefit) • Implement an original idea or incrementally significant idea • Coordination of resources (social, financial and human) © 2013 KUMBA Consulting Group. All Rights Reserved.
  • 5. Entrepreneurship / Innovation nexus © 2013 KUMBA Consulting Group. All Rights Reserved.
  • 6. Qualities of a social entrepreneur • Ambitious: tackle major social issues; social vision ; – Organisational forms: Innovative nonprofits, Social-purpose ventures, hybrid organizations that mix elements of non-profit and for-profit organizations. • Mission driven: Generating social value —not wealth—is the central criterion of a successful social entrepreneur. – promoting systemic social change. • Strategic: opportunities to improve systems, create solutions and invent new approaches that create social value. • Resourceful: limited access to capital and traditional market support systems. • Results oriented: produce measurable returns. These results transform existing realities, open up new pathways for the marginalized and disadvantaged, and unlock society’s potential to effect social change. (Martin & Osberg, 2007) © 2013 KUMBA Consulting Group. All Rights Reserved.
  • 7. Challenges © 2013 KUMBA Consulting Group. All Rights Reserved.
  • 8. Challenges • Learning and Physical Disability • Crime / Juvenile Delinquency • Poverty / vagrancy • Illiteracy • Cultural disengagement • Digital Divide • Lifestyle diseases • Governance / People participation • Unemployment • Family dysfunction © 2013 KUMBA Consulting Group. All Rights Reserved.
  • 9. Social Enterprise Cases © 2013 KUMBA Consulting Group. All Rights Reserved.
  • 10. Financing • Social Entrepreneurship Program – MIF/IADB • Ministry of Labour, Small and micro-enterprise Development • Ministry of Community Development • Corporate Social Responsibility initiative – e.g. Repsol • International Support – Canadian High Commission, British Council© 2013 KUMBA Consulting Group. All Rights Reserved.
  • 11. Community Involvement • Support system / network • Community-driven and owned • Listening, learning and action Strategic and long-term © 2013 KUMBA Consulting Group. All Rights Reserved.
  • 12. Sustainability • The ability to endure into the future through effectively catalysing networks, resources and creating long term positively impact on the community. • Funding model – trading or selling a product; donations; contracting services • Reinvestment© 2013 KUMBA Consulting Group. All Rights Reserved.