Professional Documents
Culture Documents
An invitation to Social
Entrepreneurship
Daniel Bamford
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Agenda
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Social Entrepreneurship: there’s a lot of it about…
Political Action • Office of the Third Sector. ‘The new British success story’
Need
Value Opportunity
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Dimensions of Difference: Need
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Dimensions of Difference: Need
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Dimensions of Difference: Opportunity
Commercial
• Entrepreneurs identify and exploit gaps in the market and new niches
E-ship • It’s not the size per se of these ‘gaps’ that matters but their
economic potential
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Dimensions of Difference: Opportunity
“The social entrepreneur aims for value in the form of large scale,
transformational benefit that accrues either to a significant segment of
society or society at large”.
Sally Osberg and Roger Martin
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Dimensions of Difference: Value
Social entrepreneurs…
• Create social value
• By addressing public, social problems/needs
• With the aim of maximising stakeholder value
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Dimensions of Difference: Value
Private
Public
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Summing Up the Differences
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Social Entrepreneurship: A Spectrum
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Why is Social Entrepreneurship Booming?
Demand
Globalisation
Supply
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Social Entrepreneurship is Booming for 3 Reasons
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Underlying Factors
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Is the Zeitgeist Changing?
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The 5 Major Challenges Facing Social
Entrepreneurs
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The Opportunities
Impact &
Leverage
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The Opportunities
Impact &
Investment
Leverage
“Our target return is 5%. We believe that this is quite achievable and
we might well exceed it…we believe that you can combine business
and social business and earn a sustainable, reasonable return
alongside generating real social returns”.
Sarah Forster, Big Issue Invest
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The Opportunities
Impact &
Investment Mentoring
Leverage
“it’s in all our interests to invest in the long term strength and
resilience of our communities and narrow the gaps that remain for too
wide…its about getting people who are better ready to be employed
and are more self-reliant”.
Dame Mary Marsh, CSLP and HSBC
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The Opportunities
Impact &
Investment Mentoring Innovation
Leverage
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Our Vision
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The Challenge: Delivering high quality business
education at low cost and on a global scale
Demand Solution
Significant unmet demand for
business education from: Business Bridge
• Individuals 1. On-line self-paced learning
• Employers
• Society/Government 2. Delivered via our partners’
network of physical hubs
3. Augmented by face-to-face
Supply teaching from business school
Under-provision of business education alumni working pro-bono
reflects continuing challenges: 4. Leadership by the world’s top
• Access business schools
• Cost
• Scalability
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Our Approach
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Note: 1 This course comprises project management and HR material
The Business Bridge System
Economic Economic
Exclusion Inclusion
Tutor-led
Pre-course classes
Entry Test Orientation On-line Assessment
Attend learning
Physical Post-course
Hub
• Follow-up sessions
• On-line tutor
discussion boards &
social media
• Networking events
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Who is The Business Bridge for?
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Phase 1: The Pilot (Q4 2009)
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Phase 2: 2010 To Date
Secured Established
Completed South
Pilot Course Lead Roll-
Business African NFP
Follow-up Out
Plan
Partner1 Company
Finalised SA Met Q2
Launched Started UK Board of fundraising
Pilot Film Entry Study Directors target of
£120k
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Note: 1 This is The Business Place, a South African NGO, who were also a key pilot partner
Phase 2: Remaining 2010 Goals
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