Social Enterprise In Pakistan Unlocking Innovation Through Enterprise Incubation. 7/02/2013

1. Social Enterprise In Pakistan:
Unlocking Innovation Through
Enterprise Incubation
Report launch
Thursday 7th February 2013, 8-10am

2. The format for this morning is:
08:00 - Registration and breakfast.
08:30 - Welcome from Dylan Matthews, Senior Associate, Allen & Overy.
08:35 - Introduction, Priya Shah, Lead Author of Report.
08:45 - Responses from Panellists:
- Dr Iman Bibars: Regional Director of Ashoka Arab World, co-founder and chair of Association for the
Development and Enhancement of Women.
- Huma Fakhar: President at MAP Services Group and Partner at the Gulf Food Fund.
- Ali Akbar: Pakistan Country Director at Hashoo Foundation and former Head of Programme
Management at Big Lottery Fund.
09:20 - Panel discussion and Q&A moderated by Priya Shah, Lead Author of Report.
09:55 - Closing remarks from Tommy Hutchison, Founder and CEO, i-genius.
10:00 - Networking and refreshments.
#socent @PratikEPG

3. Our speakers for this morning are:
Priya Shah Dr Iman Bibars Ali Akbar
Lead author of this report; Consultant Founder and Regional Director for Social development practitioner;
at EPG; Programme Manager at Asia Ashoka Arab World; Leadership Pakistan Country Director for Hashoo
House; and lead author of Frontier Group Member and Global Diaspora Foundation; has established country
Markets: Pakistan. Leader at Ashoka; co-founder and programme office in Pakistan for
chair of ADEW, a CSO providing Voluntary Service Overseas, helped
credit and legal aid for impoverished establish Strengthening Participatory
Huma Fakhar women; Peace Fellow at Georgetown Organization; managed programme
Founder and Managing Partner of University; Parvin Fellow at Princeton portfolios of over 500 million pound
MAP Trading and Investment UK, University; author. for Big Lottery Fund.
providing marketing, trading and
investment services globally; Tommy Hutchison
Managing Partner of Gulf Food Fund; Founder and CEO of i-genius; Visiting
and Chairperson of the Brains Trust, Fellow at Liverpool Hope University;
the Evian Group’s political economy and Advisor to Hunan University.
think-tank in Switzerland. Previously Tommy worked in the City
as an aerospace analyst before
becoming Political Advisor to NatWest
and then Director of the Industry
Forum. #socent @PratikEPG

4. SOCIAL
ENTREPRENEURSHIP IN
PAKISTAN
Unlocking innovation through
enterprise incubation
Priya Shah
Thursday, 7 February 2013
EPG Economic and Strategy Consulting, 78 Pall Mall, London, SW1Y 5ES
www.economicpolicygroup.com

5. The Scope for Social Enterprise in Pakistan
Landscape:
• In Pakistan, 66% of the population of 187 million lives at the base of the pyramid,
under US$2 a day.
• Low-income communities lack adequate access to healthcare, education, water,
energy, and housing.
• Similar to most developing countries, the government and the private sector have not
been entirely able to fill the gap for the provision of goods & services – this is where
social enterprises come in.
Opportunity:
• A wealth of natural resources is untapped across the energy, agribusiness and mining
sectors.
• Two-thirds of the population is under 30 years old; there is a need for stronger
vocational training and empowerment of able workforce.
• Technology & innovation can be used to boost local enterprises.
• A number of foundations and social intermediaries are already active in this space.
Page 5

6. The Report: Why Business Schools?
• Business schools represent a highly skilled segment of the education sector. They can be
the launching pads for social innovators with the right inputs. There are 99 higher
institutions offering business education in Pakistan.
• Prestigious universities (LUMS, IBA) can leverage global networks to build incubator hubs
in Pakistan.
• The provision of management, innovation and skills training is vital for the next generation
of entrepreneurial businesses.
• Alumni networks through business schools can continue to mentor young entrepreneurs
through fellow and accelerator programs.
• Case studies from other markets, such as India, can be used to assess replication in
Pakistan (e.g. IIMA incubator hub in India).
Page 6

7. The Report: Key Findings
• Pakistan has a thriving entrepreneurial culture that can be harnessed effectively by
business schools.
• Fellows system and mentorship networks are key to capacity building and providing
post-investment management assistance.
• Grassroots activities now need to translate to the policy level (Social Innovation
Coalition).
Page 7

8. Insights & Recommendations
The Incubator Model
Campus area, Incubation centre f or
Faculty-Student ratio
computers, Bloomberg business start-ups:
(indicator of quality
and Reuters terminals, provide initial seed
assurance)
Library f unding
Infrastructure
Technical (initial
Goverment grants and
expertise f or business,
donations
sales, marketing etc.)
Organisational
Self generating f unds
(management inputs plus Business
Government (regular, executive
relational support f or Funding courses, vocational etc
human resources Support Education courses)
development )
Inf rastructure (providing
initial capital, land, Private investors
equipment)
Research and
Development
International publications Research grants
Source: EPG
Page 8

9. Insights & Recommendations
A Value Chain Analysis
6 6
5 5
Scale (1 is Bad, 5 is Excellent)
Scale (1 is Bad, 5 is Excellent)
4 4
3 3
2 2
1 1
0 0
Faculty Students Faculty Faculty Education International International Industry Linkages Research Faculty Students Faculty Faculty Education International International Industry Linkages Research
Development Development Renumeration and and Exposure Faculty Students Environement Development Development Renumeration and and Exposure Faculty Students Environement
Program Program Awards Development Development Program Program Awards Development Development
Program Program Program Program
Harvard MIT CUNY Stanford Yale LUMS IBA SZABIST Bahria NUST
Source: EPG
Page 9

10. Insights & Recommendations
Social Innovation Coalition
• Stakeholder Dialogue: Various players involved in knowledge transfer around social
entrepreneurship; unit maintained through a secretariat.
• Social Investment Fund: Financial Stakeholder
intermediary groups responsible for investment Dialogue
allocation, sector due diligence
and risk diversification.
Social
• Innovation Lab: Research unit where Innovation
Lab Innovation
Social
Investment
Coalition Fund
technological advances are utilised in
social enterprise scaling.
• Cross-border Entrepreneurialism: Social Cross-border
entre-
innovation models, implemented in other preneurialism
emerging economies, are replicated in
Pakistan.
Page 10

11. Conclusions
Key Takeaways:
• Public and private investors can play an instrumental role in shaping the ecosystem
and unlocking the full potential of Pakistan’s social entrepreneurs.
• Raising both investor confidence and entrepreneurial confidence is critical to this
process – role of education, mentorship and training programmes.
Calls to Action:
• Interlink various institutions and players to create dynamic shifts and implement long-
lasting policies to foster social innovation.
• Empower entrepreneurs to deliver hybrid financial and social return on investment.
Page 11

12. THANK YOU
Priya Shah, Consultant, Economic Policy Group