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Assunta Krehl

Do-gooders can earn a good living - 0 views

  • ore recently, Ontario's Poverty Reduction Strategy pledged $6-million to the Social Innovation Generation program at MaRS, established to provide social entrepreneurs with knowledge, contacts and capital.
  • Associations such as the Social Enterprise Council of Canada and the Causeway Social Finance Initiative are engaging civic and financial decision-makers to develop a more fostering environment for social enterprise.
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    Social entrepreneurs carving out new and innovative ways of simultaneously yielding in financial, social and/or environmental returns.Canada does not have a distinct regulatory framework to guide and support social enterprises' hybrid activities. SiG at MaRS program established to provide social entrepreneurs with knowledge, contacts and capital.
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    Social entrepreneurs carving out new and innovative ways of simultaneously yielding in financial, social and/or environmental returns. Canada does not have a distinct regulatory framework to guide and support social enterprises' hybrid activities.
Sarah Hickman

MaRS Discovery District - Recommended Resources - Social Innovation - Centre for Social... - 0 views

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    "The Centre for Social Innovation is a place-based hub of ideas, people, services and strategies. In partnership with Urbanspace Property Group, they provide 18,000 square feet of shared workspace in downtown Toronto. The Centre for Social Innovation is home to a community of nonprofits, charities, social enterprises, artists, green businesses, and individual innovators. Working together, they lower costs, create synergies, and spark new ideas for advancing their shared interests. The Centre for Social Innovation explores new ideas in collaboration, social entrepreneurship and systems change. These interests guide their work. Their website only offers a subscription to their email newsletter, Social Innovator's Update. Join to receive information on news and events in this space."
Miri Katz

How The Private Sector Can Drive Social Innovation - CIO Central - CIO Network - Forbes - 0 views

  • How The Private Sector Can Drive Social Innovation
  • Out of the 100 largest economies in the world, about half are multinational corporations. Given their impact on global communities, it is becoming increasingly essential that these large corporations execute responsibility to society, rather than rely on governments and non-profits to address difficult social issues alone.
  • oday, the world’s largest companies are in a unique position to play a much greater role in driving social change than ever before.
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  • Aside from pure monetary donations, however, is a new model that is transforming corporate philanthropy.
  • Increasingly, corporations are turning to a shared value model, in which companies work in alignment with society rather than against it, producing mutual benefits to both the community and the corporation
  • It evolves the traditional model of financial and material goods donations, to one in which corporations leverage a range of corporate assets including employee skills, business acumen and partner networks, to drive social change.
  • Here’s the shift: Instead of viewing it as our responsibility to drive business and social value, view it also a valuable opportunity to rethink existing practices.
  • The business case for social innovation
  • there are a variety of benefits for an organization, from brand building, to staff retention, and even improved client stickiness. Shareholders and the investment community are also increasingly considering corporate responsibility when making investment decisions.
  • collaborations can drive innovation through necessity. Non-profits work in extreme environments, faced with limited infrastructure, connectivity and staff. Operating in these situations exposes corporate staff to new sets of customer challenges, which can often deliver innovations in product design or services into the business.
  • by working with a non-profit organization, a corporation can demonstrate its expertise to a new audience, expanding its business network.
  • Increasingly, investors weigh environmental, social and governance  data when making investment decisions. While such data has been a benchmark for European-based companies for some time, we are now seeing a more global adoption and interest in this, which should be another forcing function for more corporations to act as good corporate citizens.
  • Applying social innovation in practic
  • A good starting point is to assess the company’s available skills, expertise, partnerships against the touch-points the company currently has within a given community. From there, establish specific goals to achieve and a strategic plan to meet those goals.
  • Companies that have an expertise in technology, for example, can collaborate with non-profits or social entrepreneurs to provide the infrastructure backbone that turn their ideas into reality. With the social enterprise mPedigree Network, HP leveraged its technology expertise in cloud-based services to design and build an anti-drug counterfeiting service in Africa. Counterfeit medicine is a significant problem in developing countries, causing more than 700,000 deaths each year. The new service helps save lives by enabling patients to validate the integrity of their medicine by sending a free text message.
  • Gabi Zedlmayer is Vice President of Hewlett-Packard’s Office of Global Social Innovation.
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    Out of the 100 largest economies in the world, about half are multinational corporations. Given their impact on global communities, it is increasingly essential that these large corporations execute responsibility to society, rather than rely on governments and non-profits to address difficult social issues alone
Cathy Bogaart

Social Enterprise Gains Importance In Tough Times - The Leader World - 0 views

  • with self-belief and a preparedness to adapt to the new economic situation, social enterprise will thrive
  • Social enterprise, in many ways, is about generating value: for both society and business. What could be more important when facing difficult times?
  • leverage their natural resources for the betterment of both society and their bottom line
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  • New graduates are known as ‘Generation Yers’. Born between 1979 and 1998, they want to be successful business people, but they also want to do good with their skills. They want luxurious products, but won’t buy from unethical companies. For businesses to recruit and retain the best, they have to offer more than the corporate package. Community engagement is fast becoming a key competitive differentiator between professional services firms. In a recent survey of UK graduates by PricewaterhouseCoopers, 70% said that they will actively seek out employers whose corporate responsibility behaviour reflects their own. An Aspen Institute study shows business school students citing ‘business's responsibility to society’ as a top concern when choosing a job.
  • social entrepreneurship will be rattled by this economic situation, but we will make changes to our approach where necessary and come out stronger and more central to both business and community.
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    This article talks about how the recession's economic tightening is actually good for social enterprises as it forces the industry to be more innovative in order to survive. The author talks about asking for partnerships that are even more valuable than charitable donations. He also talks about why it's important for all companies to incorporate ethical business practices in order to stay viable in a generation of people who care deeply about where products come from. Times are better than ever for social entrepreneurs.
Assunta Krehl

Social enterprise centre to be created in honour of Pecaut - The Globe and Mail - Decem... - 0 views

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    MaRS  is expected to announce the creation of a new Pecaut Centre for Social Enterprise - in honour of the late David Pecaut. Allyson Hewitt, MaRS Director of Social Entrepreneurship said "the new centre would leverage off her organization's current activities, using the expertise of groups like Boston Consulting to develop social impact metrics."
Assunta Krehl

Marketwire - Addictive Mobility Selected to Participate in Social Media for the Enterpr... - 0 views

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    Addictive Mobility, a leader in mobile social targeting and a MaRS client, participated in tthe Social Media for the Enterprise--powered by professional social network, LinkedIn and MaRS Discovery District. The panel discussion was held February 15, 2012 at the MaRS Centre.
Assunta Krehl

Problem-solving surprisingly profitable - The Star - 0 views

  • The agency is now working with Toronto's non-profit innovation centre, MaRS, to develop a marketing plan, which it never had.
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    St. Stephen's House, a downtown social agency is one of Toronto's successful social enterprises. Mention of how St. Stephen's House is working with MaRS in developing a marketing plan. April 15, 2009
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    St. Stephen's House, a downtown social agency is one of Toronto's successful social enterprises. Mention of how St. Stephen's House is working with MaRS in developing a marketing plan.
Assunta Krehl

Aboriginal Social Enterprise: Hopeful Alternatives - See Change Magazine - January 11, ... - 1 views

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    Elisa Birnbaum blogs about Manon Barbeau's dream: giving young people from First Nations communities an opportunity to express themselves using video and music, promoting a sense of healing, empowerment, and community engagement.As Barbeau's story attests, when it comes to Canada's Aboriginal people, social enterprises can be a strong force of change.former Prime Minister, the Rt. Honourable Paul Martin spoke at an Event that was co-sponsored by SiG and MaRS and announced the launch of a $50 million fund to promote Aboriginal business and entrepreneurship.
Sarah Hickman

Social Entrepreneurship: The Art of Mission-Based Venture Development: Amazon.ca: Peter... - 0 views

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    If you are starting out as a social entrepreneur or re-vamping your company, this book is for you. It holds insights on how to think like an entrepreneur, how to start an enterprise as a business not a charity. This book will teach you how successful social entrepreneurs: * Focus on community wants and needs * Match those with core competencies to provide the quality services * Assess risk and gauge opportunity * Develop new project ideas and test their feasibility * Write a business plan * Project finances in the plan * Tap into new sources of funding * Develop the idea of social entrepreneurship throughout the organization * Make sure that mission, not money, is the bottom line
Assunta Krehl

Marc and Craig Kielburger's do-gooding social enterprise - The Globe and Mail - March 1... - 0 views

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    Brothers Marc Kielburger and Craig Kielburger, co-founder and founder respecitively, of the Free The Children Foundation. They also launched another project a for-profit company called Me to We, which sells socially responsible products and offers young people trips abroad, channeling most of the proceeds back to Free the Children. Allyson Hewitt, Director of SiG at MaRS, provides her perspectives on the challenges that social entrepreneurs encounter.
kathryn mars

Social Impact | Personalized: Zoosa - 0 views

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    Zoosa aggregates the best social enterprise resources, including industry news and employment and volunteer opportunities, to create a single destination where professionals can learn about the renewable energy, education, and nonprofit sectors.
Cathy Bogaart

Social innovation: a simple model - Francois Couillard Blog, Feb 18, 2011 - 0 views

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    Francois blogs about the continuum of social innovation. He credits MaRS as his inspiration. Find out about the different types of socially innovative organizations and enterprises and how they differ.
Sarah Hickman

SIX - 0 views

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    The social innovation eXchange (SIX) is a network that has been set up by a group of organizations to help build the emerging field of social innovation. They believe that many of the big problems that the world faces - from climate change to the care needs of an aging population - will only be solved by experiment, enterprise and innovation, and that innovation needs to tap into the creativity of every part of civil society, business and the public sector.
Sarah Hickman

Rotman NeXus - 0 views

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    Rotman NeXus provides a variety of services to non-profit and social enterprise businesses. In addition to providing organizational help including budgeting, market research, and operational design, Rotman NeXus calculates the social and economic impacts of projects for a small fee. Roman NeXus is staffed by University of Toronto's second year Joseph L. Rotman School of Management top-tier MBA students.
Sarah Hickman

The Power of Unreasonable People: How Social Entrepreneurs Create Markets That Change t... - 0 views

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    The authors of this book present true and unique (mainstream) business models that have changed the world. In three parts, they present "Building Innovative Enterprises," "Creating the Markets of the Future," and "Leading Sustainable and Scalable Change." Case studies from for-profit and nonprofit social organizations are also discussed, including Whole Foods, One Laptop Per Child, Band Aid, Live Aid and Live 8.
Assunta Krehl

Goar: David Pecaut was 'a popcorn machine of ideas' - The Star - Dec 29, 2011 - 0 views

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    In remembrance of David Pecaut, the launch of the Pecaut Centre for Social Enterprise was announced on Dec 13. The Centre will be a tenant at the MaRS Centre in Toronto. 
kathryn mars

LINKS - 0 views

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    social enterprise
Sarah Hickman

IT in Canada - Canada's Only Integrated Social Media News Network - 0 views

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    The IT Forum Exchange Network (ITFX) has launched its first microsite, Unified Communication in Canada, designed to stimulate informed discussion of Unified Communications and its role in enhancing the competitiveness of Canadian private and public sector enterprises. UC in Canada's Unified Communications discussion area will be featured on "forum pages" across the network. Visit the Unified Communication in Canada Website. About ITFX: Leading trade publishers and other technology thought leaders have created ITFX with the intention of establishing a national problem-solving dialogue on key IT issues. Issues which are within their discussion forums include; Green IT, Unified Communications and Investment and Go-to-Market activity linking portals operated by leading trade publications, IT industry associations and social media sites.
Sarah Hickman

Clean Tech Revolution: Amazon.ca: Ron Pernick: Books - 0 views

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    Developing clean technologies is no longer a social issue championed by environmentalists; it's a moneymaking enterprise moving solidly into the business mainstream.
Assunta Krehl

New York launches privately funded program to rehabilitate young offenders - The Star -... - 0 views

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    Carol Goar from The Star states "Financial giant Goldman Sachs will invest $9.6 million in a four-year behavioural learning program designed to reduce the proportion of young inmates who reoffend. Organizations like MaRS, are examining the concept of pay-for-performance bonds.
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