IEEC 2010 ACTION IN SOCIAL ENTERPRISE EDUCATION – simple tools to promote and support Social Enterprise at your university. Rhiannon Horsley Development Manager (HEI Social Enterprise Programme)
Jim Ineson Executive Director
Social Enterprise •
“Organizations which apply market-based strategies to achieve a social purpose.”
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“A business or service with primarily social objectives whose surpluses are principally reinvested for that purpose in the community, rather than being driven by the need to maximise profit for shareholders and owners.”
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“A socially-oriented venture (non-profit/for-profit or hybrid) created to solve a social problem or market failure through entrepreneurial private sector approaches that increase effectiveness and sustainability while ultimately creating social benefit or change.”
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“Provide entrepreneurial solutions to social problems.”
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“Businesses that trade in the market with a social purpose, using business tools and techniques to achieve social aims.” •
• Organization or Business Commercial activity aimed at more than profit • End result – social benefit • If it looks like a duck …………………
UnLtd HE Social Entrepreneurship Awards Rhiannon Horsley UnLtd Development Manager
What does UnLtd do? • We provide support and funding to individuals who want to set up a social enterprise – Funding – Individualised support – Access to networking opportunities – Access to Pro-Bono support from experts
What do we have to offer?
What are we looking for? • • • •
Innovation Projects that are tackling a social problem Projects that will provide a social impact Projects that have identified a need that is not currently being fulfilled • Projects that can demonstrate there is demand for what they are providing
What are we looking for?
How do I apply? www.se-awards.org.uk
What do we need to know? • • • • • • •
Social impact – what will change as a result of your project? Is there a need and demand for your project? Clear outputs: how many, how long etc. What you hope to learn What support you will need How will you spend the money – detailed budgeting Will the project continue beyond an UnLtd award?
I’ve applied, what next?
Questions
SIFE Click UK to edit Master titleAstyle A head for business. heart for the world. SIFE – Students in Free Enterprise “bringing economic opportunity to others” A global network of business executives, academic leaders and university students, creating a better, more sustainable world through the positive power of business. SIFE UK Sponsor Companies
SIFE International 40 countries 1,500 universities 42,000 students Albania
France
Korea
Philippines
Sweden
Australia
Germany
Kyrgyzstan
Poland
Thailand
Azerbaijan
Ghana
Malaysia
Puerto Rico
Tunisia
Brazil
Guatemala
Mexico
Russia
United Kingdom
Canada
India
Morocco
Senegal
United States
China
Japan
Netherlands
Singapore
Vietnam
Egypt
Kazakhstan
New Zealand
South Africa
Ukraine
El Salvador
Kenya
Nigeria
Swaziland
Zimbabwe
SIFE UK 2010 38 universities
2,000 active SIFE students 200 projects
Aston University
University of Liverpool
University of Reading
University of Bath
London Metropolitan University
Regent’’s College, London
University of Birmingham University of Cambridge
London School of Economics
Royal Holloway, University of London
Cardiff University
Loughborough University
Salford University
City University, London
University of Manchester
University of Sheffield
Durham University
Manchester Metropolitan University
University of Southampton
Newcastle University
University of Surrey
University of Nottingham
Sussex University
Nottingham Trent University
Swansea University
University of Oxford
University of Warwick
University of Essex Glasgow University Imperial College, London King's College London Lancaster University University of Leeds Leicester University
Plymouth University Queen Mary, University of London Queen’’s University, Belfast
University of Strathclyde
What is a SIFE Team? • University students who are: • Enrolled in full-time undergraduate or graduate studies. • From all years of study. • From any discipline. • A University Adviser • The teams are also mentored by a Business Advisory Board (BAB)
What do SIFE Teams do? •
They do social and commercial projects
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They present their projects at National and International Competitions
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Four basic elements of a SIFE project: • Identifying a need • Teaching/Knowledge Transfer of business skills • Empowerment • Measurable & sustainable impact
) ) ) = Economic Opportunity ) for others
• “Give me a fish, I will eat for a day; teach me to fish and I will eat for a lifetime.” • All competitions are judged against the SIFE criterion.
SIFE criterion • “Considering the relevant social, economic and environmental factors, which SIFE team most effectively empowered people in need by applying business and economic concepts and an entrepreneurial approach to improve their quality of life and standard of living.” • • • • • •
1 Establish a team (the business) 2 Recruit students (the employees) 3 Raise money for projects (capital) 4 Undertake projects (the product) 5 Measure their results 5 Report to stakeholders (SIFE UK and business supporters)
Project Examples
Project Examples
Project Examples
Project Examples
Judging elements In carrying out its project(s), did the SIFE team: • Consider the relevant economic, social and environmental factors? • Effectively empower its target audience(s)? • Target people in need? • Apply business and economic concepts and an entrepreneurial approach? • Improve the quality of life and standard of living for its project beneficiaries?
Practical benefits - students • Professional Development • Entrepreneurial Experiences • Community Involvement “Business helping to develop the potential of university students in a way that is both effective for them, and meaningful to the community.”
Open for Discussion, Comments, Abuse.
