2. Social Entrepreneurship
Social entrepreneurship is the activity of
establishing new business ventures to
achieve social change. The business utilises
creativity and innovation to bring
social, financial, service, educational or
other community benefits.
(Talbot, Tregilgas & Harrison, 2002)
Social enterprises are not charities or
welfare agencies. They are private
businesses established by entrepreneurs with
an emphasis on human values rather than
just profit. These businesses focus on
working with and enhancing the social
capital within the community by
encouraging participation, inclusion and
utilising a bottom-up approach to achieve
social change
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3. Elements of Social Enterprise
Three core elements:
Created to provide benefits
for a community
Creates opportunities so
people can help themselves as
well as others
Utilises sound commercial
business practices to ensure
its sustainability i.e. the
business will naturally uphold
and encourage environmental
sustainability as well as
ethical considerations
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4. Characteristics of a Social Entrepreneur
Not bound by sector norms or traditions
Not confined by barriers that stand in the way of their
goals
Develop new models and pioneer new approaches to
enable them to overcome obstacles
Take innovative approaches to solve social issues
Transform communities through strategic partnerships
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5. Social entrepreneurs
“… a path breaker with a powerful idea, who combines
visionary and real world problem-solving
creativity, has a strong ethical fibre..”
“ ..combines street pragmatism with professional
skills..”
“ they see opportunities where others only see empty
buildings, unemployable people and unvalued
resources”
“..Radical thinking is what makes social entrepreneurs
different from simply „good‟ people.”
“they make markets work for people, not the other way
around, and gain strength from a wide network of
alliances”
“they can „boundary ride‟ between the various political
rhetoric and social paradigms to enthuse all sectors
of society”
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6. Where do you find social
enterprises?
Social entrepreneurs find opportunity in most economic sectors.
The growth areas for social enterprises are identified as:
Environmental
Housing
Health and care
Information services
Public services
Financial services
Training and business development
Manufacturing
Food and agriculture
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CENTER
7. Global context
U.K. Community Action Network (CAN)
The Stanford Business School Social Entrepreneurship initiative
Canadian Centre for Social Entrepreneurship
Social and Enterprise Development Innovations (SEDI)
The Israeli Greenhouse for Social Entrepreneurship
International Institute of Social Entrepreneurship Management
(India)
Inter-American Development Bank
The Initiative on Social Enterprise – Harvard Business School
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CENTER
8. Community Partnership Savings Accounts
A matched savings model designed to help people build
assets
Usually it involves two dollars matched for every dollar
saved
Account holders take money management and asset
training classes while saving for a specific goal
An 18 month Community Partnership Savings
Accounts
Pilot will be run by the Brotherhood of St Laurence and
ANZ and will match savings specifically for educationrelated expenses.
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CENTER
9. Research project
Conduct an evaluation program to run
concurrently with the pilot
Aims:
To ensure appropriateness of the program
To ensure effectiveness of the program
To ensure efficiency of the program
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CENTER
10. Stages
1. Secondary data analysis
Overseas IDA program
Australian context
2. Evaluation process
Assess individual-level change
Implementation analysis
Assess the effect on organisation
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CENTER
11. How?
Action research using qualitative
techniques
Individual interviews
Participant focus groups
Staff focus groups
Quantitative measurements using bank
data
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CENTER
12. Outcomes
Reports including:
Indication of individual-level change in
participant behaviour
Patterns of drop-out rates from the program
Perceptions of participants in the program
Perceptions of staff involved
Indication of individual-level change in staff
attitudes and learning
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CENTER