The Social Innovation Generation program at MaRS (SiG@MaRS) has been offering programs and services for social innovators and social entrepreneurs for over a year now.
Find out what has been done; what programs and services are available to help you advance your social purpose efforts, and join SiG@MaRS in planning for the future of the program.
More information: http://www.marsdd.com/mars/About-MaRS/Partners/sig.html
2. Social Entrepreneurship Summit 2008 Opening Video by
Blackpowder Labs
Visualization
A visualization of the responses to a survey on the state of social
entrepreneurship in Canada. The survey was conducted prior to
the Summit and the results were shown at the opening of the
event
3. By the end of this session it is our hope that you will…
1. Understand what SiG@MaRS is and what programs and
services we offer
2. Know how you can take advantage of these programs and
services, if desired; and
3. Have participated in helping SiG@MaRS determine what
other programs and services should be developed to
address your needs or those of the community
4.
5. Lawrence Bloomberg
National Bank of Canada
John Manley
McCarthy Tetrault
Geoffrey Matus
Mandukwe Inc
Tim McTiernan
University of Toronto
Joseph L. Rotman Susan M. Smith
Roy L Capital
Gordon Nixon RBC Ventures
RBC Canada
Indira Samarasekera Calvin Stiler
University of Alberta
Sheila O’Brien Genome Canada
Belvedere Investment
William White
Dupont Canada
6.
7. SoftShell on the Dragon’s Den Sean O’Dea, founder of Second Cup
in interview with Charles Plant
MaRS Community watches
the Obama inauguration
Federal Minister of Health and Allyson Hewitt Social Entrepreneurs - Trevor David and Nick Temple
9. National initiative of four nodes across the country
Tim Draimin, National Executive Director
Tim Brodhead, McConnell Foundation
Frances Westley, University of Waterloo
Al Etmanski, PLAN
Allyson Hewitt, MaRS
The primary aim of SiG is to encourage effective methods of
addressing persistent social problems on a national scale
The activities of SiG serve to promote broad social change
SiG@MaRS brings this work to Ontario
10. Social innovation refers to new strategies, concepts, ideas and
organizations that meet social needs of all kinds - from
working conditions and education to community development
and health - and that extend and strengthen civil society.
Wikipedia
Social innovation is an initiative, product or process that
profoundly changes beliefs, basic routines, resource and
authority flows of any social system in the direction of greater
resilience. Successful social innovations have durability, impact
and scale. SiG National
11. Wikipedia: A social entrepreneur is
someone who recognizes a social
problem and uses entrepreneurial
principles to organize, create, and
manage a venture to make social
change.
Whereas a business entrepreneur
typically measures performance in
profit and return, a social
entrepreneur assesses success in
terms of the impact s/he has on
society.
While social entrepreneurs often work
through nonprofits and citizen groups,
many work in the private and
governmental sectors
12. quot;Social entrepreneurs identify
resources where people only see
problems. They view the villagers as
the solution, not the passive
beneficiary. They begin with the
assumption of competence and
unleash resources in the communities
they're serving.”
-- David Bornstein, author of How to
Change the World: Social
Entrepreneurs and the Power of New
Ideas
Yes We Can Video
13. Ashoka: Social entrepreneurship - the practice of responding to market
failures with transformative and financially sustainable innovations
aimed at solving social problems
Social entrepreneurs are “change agents,” creating “large-scale
change through pattern-breaking ideas,” “addressing the root
causes” of social problems, possessing “the ambition to create
systemic change by introducing a new idea and persuading others
to adopt it,” and changing “the social systems that create and
maintain” problems.
“Social entrepreneurs are not content just to give a fish or teach
how to fish. They will not rest until they have revolutionized the
fishing industry.” – Bill Drayton, Founder of Ashoka
14. William quot;Billquot; Drayton is the founder and current Chair of Ashoka:
Innovators for the Public, a nonprofit organization dedicated to finding
and fostering social entrepreneurs worldwide
Canada has 13 Ashoka Fellows including: At Etmanski, Geoff Cape,
Mary Gordon and Dr Stan Slotkin
15. SiG@MaRS is actively developing programs to support the launch and
growth of social ventures, enhancing the skills and networks of social
entrepreneurs, exploring new instruments of social finance,
fostering opportunities for technology platforms to help scale social
ventures and building the social enterprise community.
17. Social Finance Forum
Annual event mobilizing action on social finance
Strategic Inquiry
Conducted by Liz Mulholland for OSER
Social Finance Ontario
Committee of the Ontario NonProfit Network Jessica Flannery, Kiva.org
At Social Finance Forum 09
enp Toronto
SiG@MaRS one of several funders of this CSI initiative
Causeway
National Collaborative on Social Finance
21. Strategies
Improve knowledge and awareness of Canada’s social finance
opportunity
Convene and engage the community
Support capacity-building for capital users and providers
Catalyze development of new financial pathways
22. Knowledge Mobilization:
Social Finance Forum
SocialFinance.ca
Policy Reform:
Social Finance Brief
UK Study Tour
Social Finance
invest in social good
Engaging Mainstream Finance:
Catalyzing financial product development
Convening key leaders and
Bridging disparate sectors
23. Resilient Capital Économie solidaire de l’Ontario
Alterna
Fraser Valley Centre
CCA PfC Chantier de
for Social Enterprise
l’economie Sociale
Eco Trust
Community
Power Fund
CED-
Social Capital
NET
Partners
Plan institute Carleton
Center for
SiG
Community
SRI in the Rockies Social Investment
Causeway Innovation
Organization
Edmonton Social
VanCity
Enterprise Fund
Ashoka Ontario Non –Profit Network
24. Social Capital Partners
• Invests in social enterprises that employ populations outside the
economic mainstream in Canada, helping them to acquire scale,
exist without external subside, and create improved funding
mechanisms for social initiatives.
Edmonton Social Enterprise Fund (SEF)
• combines business expertise with flexible financing to help
Edmonton not-for-profit organizations and cooperatives create or
expand strong, sustainable business ventures and affordable
housing projects.
RENAISSANCE QUEBEC
• charitable organization aimed at the professional and social
reintegration of people excluded from the labour market.
• Social finance organization, Social Capital Partners (SCP),
provided the grant and loan financing that allowed Renaissance to
launch a new flagship Fripe-Prix store in Montreal
31. Social Tech advising for our clients
Social tech
Collaborating on innovative projects with
Social media usual and unusual suspects
Semantic web
Platforms Online Being a support in the community
Applying science and sociology to
Open our understanding of the social web
Design
Using a living lab approach to test new
models and platforms
SOCIAL TECH SiG@MaRS
SiG@MaRS’ online presence
New models
Twitter, Blogs, Tags
32. Events:
Social Entrepreneurship Summit (07 & 08)
Social Finance Forum (07 & 08)
Social Technology Training (08)
34. National Film Board Tom Szatsky, TerraCycle
Institute for Canadian Citizenship
35.
36. Understanding the essence of innovation to assist with scale
Totemics
Lenses
Beta Test Sites
Taking IT Global
Roots of Empathy
Santrapol Roulant
Montreal Fluency Centre
Dr Brenda Zimmerman
37. Social Venture Partners
Centre for Social Innovation
Social Capital Partners
Communicopia/ Web of Change
Social Venture Institute
Academia
Community Foundations of Canada
SES08 Partners – TCSA
Ontario Non Profit Network
Schwab Foundation
Centre for Social Economy
McConnell Foundation
Ontario Arts Council
Ashoka
Hospitals - Sunnybrook
CED Networks
Bridges
CAMH
Young Foundation
OSER School for Social Entrepreneurs
Causeway Ontario Trillium Foundation
Tides Canada The Learning Partnership
Sage Centre Social Enterprise Council of Canada
Creative Converge
Wellesley Institute
Philanthropic Foundations of Canada
TVO/Get Involved!
38. Social Enterprise World Forum Debrief – bringing the latest in
social enterprise development to Ontario
SoCap ReCap
39. A multi-disciplinary team of MaRS Advisors is available to support
social entrepreneurs
Paid staff/ Entrepreneurs in Residence/ Consultants/ Volunteers
MaRS Venture Group Social/ Entrepreneurs in Residence
SiG staff
MaRS Business Services
Capital
Advisory
Commercialization
Services
Services
Services
Referrals for Funding
Market Intelligence
Events
Entrepreneurship Education
Entrepreneurship 101
pg 39
42. 1. AGM & Annual Report 1. Business Model
2. CRS operational review 2. Growth Strategy
3. Business model advice 3. Engage with Board of
Directors
4. Action plan
4. Current: Action plan
5. Funding application
5. Current: Board Retreat
6. Recruitment
7. Current: Business plan
43. Full time staff
Allyson Hewitt
Lisa Torjman
Carol-Ann Smith
Marisa Fortune
Consultants – Social Entrepreneurs in Residence
Cheryl May
Jennifer White
Volunteers
Albert Plant
Volunteer EIRs
44. Social Venture Fund
Investment Accelerator Fun
Announced with no
timelines in Liberal
Policy Platform
Re-announced most
recently in the Ontario
Poverty Reduction
Strategy
Fundraising Consultant
Foundation Liaison
McConnell Foundation
Metcalfe Foundation
Laidlaw Foundation
Ontario Trillium
Cynthia Armour, CFRE
Foundation
Atkinson Foundation
45. Get on our mailing list MaRS Discovery District
MaRS Centre
South Tower, Suite 100
Meet with a staff member 101 College Street
Toronto, Ontario
Allyson M5G 1L7
Lisa
T 416.673.8100
Cheryl F 416.673.8181
E marsdiscoverydistrict@marsdd.com
Carol-Ann
W www.marsdd.com
Marisa
Complete a Discovery Document
Priority clients:
Entrepreneurial
Innovative
Systems Changers
Need for enabling technology to scale venture
46. Projects that SiG@MaRS undertakes with sector partners and/or with
other SiG nodes for maximum impact
RDSP: A financial tool that allows people with disabilities to start
saving and accumulating assets
Tyze helps you...
...schedule everything from medical appointments to birthday
parties
...plan tasks and report on progress
...connect with new people who can build and strengthen your
network
...tell the story of the person at the centre of the network: their
triumphs and challenges, and how they touch the lives of the
people around them
47. ONN
Working with the Ontario Non-profit Network to amend the
Corporations Act in order to reflect the realities of social enterprise
Ontario Poverty Reduction Strategy
Section on Social Innovation
Social Capital Partners
SiG
Social Business Website
Social Investment Exchange
Feasibility of a CIC
Social Venture Fund
48. Social Impact Metrics
Led by Gillian Kerr
Top trends in social entrepreneurship – accountability - transparency
Procurement
Led by Deepa Darywani
See SEWF and Ontario Poverty Reduction Strategy
Regulatory Issues
Led by Mark Bachman
Entrepreneurship Education
Led by Jonquil Eyre
Social Venture Fund
Led by Kerri Golden, white paper to be released
49. Innovative enterprises which combine a strong social purpose with
sound business principles
Contrast to traditional businesses which are primarily driven by
the need to maximize profit or charities primarily driven to serve a
social need
May include both for-profit and non-profit entities as long as they
meet SVF investment criteria
Return Continuum
SVF
Target Zone
Grant Funded Social
Revenue
Traditional
Social Enterprise
Non-Profit Purpose
Generating
Business
(larger # in UK/US)
(Charity) Business
Non-Profit
Social (Charitable) Financial (Commercial)
RETURN
50. Social Impact Criteria
A strong social value proposition/theory of change for a desired social
outcome integrated into the value proposition of the business model
Agreement needed on social benefit and measurement of outcomes
Innovation Criteria
Sustainably competitive
External validation of the value to market
Strong intellectual property (“IP” or innovative business model or
service delivery offering which could generate IP0
Financial and Business Criteria
A large addressable market or a significant economic impact with a
viable go-to-market strategy
A financially viable business model and the appropriate team to succeed
or plan to add to team with financing available.
51. Social Investment Exchange
Project being led by Ontario Association
of Food Banks, Toronto Stock Exchange and
SiG@MaRS
Concept paper and proposal sent to
Province of Ontario
Tamzin Ractliffe, Founder Greater Good
South Africa at the Social
Entrepreneurship Summit 2008
School for Social Entrepreneurs
Project being led by George Brown College and SiG@MaRS
Evidenced-based program currently operating in UK
Proposal submitted to OTF
52. That’s up to you
What’s working?
What’s not?
Where would you like SiG@MaRS to focus?
Anything we should STOP doing?
Anything you want us to do more of?
Any gaps in the social innovation literature or
needs of social entrepreneurs that we can help meet?
Are you working on something we can enable?
What would you like to say?