Introductions and Background What is Social Entrepreneurship

What is Social Enterprise Why Social Enterprise? Hybrid For-Profit/Non-Profit Partnerships

Interruptions and Questions are

Welcomed and Maybe Even Encouraged!

Chris Miller The Mission Center

Julie Lawson Crime Victim’s Advocacy Center

Jason Cleaveland Juniper

The Mission Center, L3C exists to help you focus on what you do best: your

mission.

Educate, mentor and coach staff and boards Outsource non-core functions that helps

maximize results and minimize distractions. Work with an administrative partner that

shares your core values and a commitment to those whom you serve

Create economies of competency and scale

Your Mission is Our Mission…

What Is Social Entrepreneurship

?

“combines the characteristics represented by Richard Branson and Mother Teresa”

…Schwab Foundation

“the direct delivery of a charitable service, with

little or no support from the government”

…The Manhattan InstituteSocial Entrepreneurship Initiative

“society’s change agent; pioneer of innovations that benefit humanity”

…Skoll Foundation

“a form of public leadership that maximizes the social return on

public service efforts while fundamentally and permanently changing the way problems are

addressed on a global scale”

…New York UniversityReynolds Program in Social Entrepreneurship

“a professional, innovative, and sustainable approach to

systemic change that resolves social market failures and

grasps opportunities”

…Oxford University Said Business School

“using entrepreneurial skills to craft innovative processes,

approaches, and solutions to help resolve social issues.”

…Washington University in St. Louis Skandalaris Center for Entrepreneurial Studies

It’s about thinking outside the box, acting energetically and without fear of failure, and seeing the world in terms of

opportunities, not obstacles.

…The School of Chris Miller

But more than anything, entrepreneurship is about

collaborating with others to create new value—be it monetary or social, physical or conceptual—that improves people’s lives and moves the world forward.

…The School of Chris Miller

Social Entrepreneurship is ABOUT

Social Entrepreneurs

CityYear Michael Brown and Alan Khazei

Teach for America Wendy Kopp

Charter School Movement St. Louis Language Immersion Schools – Rhonda

Broussard Shearwater Ed. Foundation – Stephanie Krauss

St. Patrick’s Center Edith C. Cunnane

Community Organizers Saul Alinsky Barack Obama

What Is Social Enterprise?

“An organization or venture that advances its social

mission through entrepreneurial, earned

income strategies.”

…Social Enterprise Alliance

“A revenue generating venture founded to create economic opportunities for

very low income individuals, while simultaneously

operating with reference to the financial bottom-line.”

…The Roberts Foundation Homeless Economic Development Fund (REDF)

“The myriad of entrepreneurial or 'self-financing' methods

used by nonprofit organizations to generate

some of their own income in support of their mission.”

…NESsT

."

“A social enterprise is any business venture created for a social purpose--mitigating/reducing a social problem or a market failure--and to generate social value while operating with the financial discipline, innovation and determination of a private sector

business.”

…Virtue Ventures

Key Points of Agreement Among Social Enterprise Definitions:

Social Enterprise = MoneyMission +

What’s the International Red Cross’ Main Social

Enterprise?

BloodWell over 50% of its Revenue

Several BILLION Dollars

26

Founded: 1974 by four recovering addicts fresh out of prison

Mission: Provide clean and sober living environment, employment and education for recovering addicts, alcoholics and ex-offenders

Products/Services:

Moving and Storage, Restaurant, Coffee House, Digital Printing, Construction and Property Management, Landscape, Warehousing and Storage (too many others to list)

Annual Revenue:

18 mil

Earned Revenue:

10 mil

Number Served:

Approx. 1500 Annually between 4 locations San Francisco, Los Angeles, New Mexico, North Carolina, and New York

Founded: 1988 by Fr. Greg Boyle and the Delores Mission Church

Mission: Provide employment and wrap-around services to gang members, ex-offenders, addicts and alcoholics

Products/Services:

Restaurant, Screen Printing, Bakery, Merchandise, Licensed food products

Annual Revenue:

8 mil

Earned Revenue:

3 mil

Number Served:

Approx. 8000 Annually with the entire range of servicesHomeboy employs about 235 people

28

Founded: 1963 by Jack Dalton a recovering alcoholic and ex-offender

Mission: Provide treatment, housing, employment, transportation and on-going case management to addicts, alcoholics, ex-offenders and families

Products/Services:

retail cafés, institutional food, sheet metal fabrication, aerospace precision machining, wholesale food distribution, contract packaging and fulfillment

Annual Revenue:

61 mil

Earned Revenue:

61 mil

Number Served:

Approximately 11,000 over more than 60 sites all over Washington State

St. Patrick’s Center Project BEGIN Go! Network

Blessing Basket Seeds of Blessing, LLC

The JuiceBox Healthy Corner Stores, L3C Healthy Foods Corner Store

Angel Baked Cookies Jobs and Afterschool Mentoring

•Opened in 1990

•Full-service restaurant employment for homeless and mentally ill clients

•Began with seed money from corporation (The Boeing Company) but has been self-sufficient almost since beginning

•Enables 30-40 individuals annually to begin a career in the restaurant industry

Consolare• Started in 2010 with seed money from the

Skandalaris Center for Entrepreneurial Studies at Washington University

• Products are fully healing• Ex-offender involvement in the creation of

handmade products• Benefits the Crime Victim Advocacy Center of

St. Louis

• Launched in August this year using MRP grant funds as seed capitol.

• Provides a complete wrap-around solution for ex-offenders

• Uses open-book management techniques to teach entrepreneurship

• Teaches a variety of soft and hard skills through an array of employment opportunities.

• Projected to be self-supporting within a 12 months

Competition and Stagnating Resources

Ability to advance your mission in new and innovative ways that also generate additional revenue

Decrease in Permission Based Revenue Non Zero-Sum

Increases Staff Recruitment Increases Staff Retention

Increases Board Involvement, Opportunity for Board Development

Adds Additional Levels of Accountability Social and Financial

Process Builds Organizational Capacity Business Planning Opportunity Assessment Skills Team Building and Collaboration

Earned Income Revenue Diversification Social Return on Investment Double/Triple Bottom Lines Mission-Venture Alignment Cross Sector Collaborations and

Partnerships

Inability to Scale Insufficient Capital Structural Concerns Inability to Pay a Return on

the Investment Lack of Knowledge and

Expertise in the NFP Sector

Policy Issues America Forward Nonprofit Missouri

Education: YouthBridge Workshops University College, GWB, Olin

Capital: Y-S.E.I.C. St. Louis Social Venture Capital Funds Arch Grants

Structure: Low-Profit Company (L3C)

Deliverables:o Executive Summary

• Determines Semi-Finalistso Elevator Pitch:

• Determines Finalistso Sustainability (Business) Plano Final Presentations:

• Scoring of the Sustainability Plan + Final Presentations Determines the Winners

2011 Y-SEIC Awards Ceremony is Thursday

April 14th at 5:00 PM

The Awards!

Over $600,00 in Social Venture Capital in Six Years

YouthBridge Community Foundation $35,000 to fund a venture serving youth

Daughters of charity $25,000 to fund a venture serving women health

Lutheran Foundation: $35,000 to fund a venture serving women

The Skandalaris Center $25,000 to fund a venture with an innovative solution

that impacts social change $5,000 Student Prize for Most Valuable Teammate

Under “Program” Select SEIC 2011

Download the Welcome Kit Description Process Criteria Seminars

Enterprise Development Program

Email Christy Maxfield:christy.maxfield@missioncenterl3c.com