The presentation by Michelle Baldwin from Pillar Nonprofit at the February 2016 London Bridge Network Event - Small Business Incubators
http://www.pillarnonprofit.ca
http://www.londonbridgenetwork.com
2. Products, processes, programs, projects or platforms that
challenge and ultimately change
routines, beliefs, resource and power
within a social system.
“Successful social innovations reduce vulnerability and enhance resilience. They
have durability, scale and transformative impact.”
Frances Westley
Social Innovation is…
Social Innovation Generation Video
3. What is Innovation Works?
Innovation Works is a collaborative
community of socially minded
innovators dedicated toa positive
transformation of our community.
The building at 201 King Street
is where Innovation Works
will be located.
4. Why now?
There’s no place in the community
that is intentionally designed
to encourage this kind of collaboration.
Who is behind Innovation Works?
Innovation Works is the result of a collaborative effort
between the many leaders, game changers and
forward-thinking organizations that make up the social
fabric of London.
5. Who will use the space?
Innovation Works is for social innovators. This can include nonprofit
enterprises as well as social purpose businesses and entrepreneurs,
who care about creating vibrant communities.
Social innovators are visionaries, trailblazers and catalysts – people
who thrive on interactions and exchanges.
They’repeoplewho
liveonideas,and
challenges.
Theyliketoworkwith
othercreativepeople
whomayseethe
worlddifferently.
Theywanttoworkwithothers
tomakemeaningfulchange-
tosolvemanyoftheproblems
facingtheircommunities
6. Community Support to Date
Donations
$1.625 million
raised to date
$395,000 target
remaining
7. What will happen in the building?
Various options to fit the needs of social innovators will include flex desk
packages, clusters of desks, permanent desks, private offices and
community meeting space.
Tenants will share their expertise and
skills through shared programming and
will move each other’s ideas, ventures
and organizations forward.
Integrated service delivery, shared
services, shared outcomes and
transformational change for London
make this a hub for community impact.
8. When will Innovation Works open?
Renovations, accessibility improvements and environmental
enhancements began in 2015.
Innovation Works will be open for business
in June of 2016.
9. 9
SOCIA L
ENT ERPRISE
SECT ORS
SOCIA L ENT ERPRISES
A RE WORKING IN
86 44
Food Service
Services 22
22
16
10
6
Art s
Consumer Product s
4
6
Educat ion
Recreat ion
Co-Working Space
www.pillarnonprof it .ca
Looking f or a spot
t o eat ?
7
Like shopping & giving
back t o t he
communit y?
15
10. Idea Phase
• Coaching
• Business Plan Canvas
• Feasibility
• Connec ons
• Social Enterprise Evalua on
• Build Awareness
Concept Phase
• Strategic Planning ($)
• Financial Check Up ($)
• Business Plan ($)
• Impact Measurement &
Evalua on ($)
Start-Up Phase
• Social Finance Educa on
• Investment Readiness Program
• Wraparound Supports
• Investor Engagement
• Social Investment Metrics
• Build Awareness
SOCIAL INNOVATION
Spectrum of Supports
Social Enterprise
Lead: Lore Wrainwright
socialenterprise@pillarnonprofit.ca
Consul ng & Advisory
Services
Lead: Albert Brule
consul ng@pillarnonprofit.ca
Social Finance
Lead: Andre Vashist
Andre.vashist@vergecapital.ca
11. Michelle Baldwin
Executive Director
Pillar Nonprofit Network
mbaldwin@pillarnonprofit.ca
519-433-7876
www.pillarnonprofit.ca www.innovationworkslondon.ca www.vergecapital.ca
@Pillar NN @innoworksldn @vergeccapital