Social Purpose, Social Enterprise, Social Finance: Where do we go from here?
So, what exactly is a social enterprise anyway?
Non-Profit Sector Human Services Healthcare Arts & Culture Education Mental Health Services Job Training Housing Historical Societies Museums Research HS Legal Services Elementary Performing Arts Health Care Collectives Universities Early Childhood Development Social Development Literacy Administration Direct Service Fundraising
Social Enterprise Spectrum Social returns Financial returns For-profit structure Nonprofit structure Philanthropic capital Commercial capital Borrowed from: Kathy O. Brozek
Madison, WI Use the Force
Madison, WI The Force is Strong in UK Population: 60 million 300 million Social Enterprises: 70,000 65,000. . .? Total Revenue: $36 billion $21 billion . . .? Total Number of Employees: 1 million 650,000. . .? *Rough estimates
Madison, WI London, U.K.
Madison, WI Millennial Influence & Utilizing Technology
Madison, WI The Chicago SE Ecosystem – First Draft
Let’s Get to Work! G:\1DEVELOPMENT\Salesforce - KELL Project WHAT WHO 1.) Define the term “Social Enterprise.” Social Enterprise Alliance - National United Way, Chicago Community Trust, World Business Chicago, Economic Club Chicago, Young Presidents’ Organization 2.) Find “the Boeing” in Chicago. Identify/engage strategic corporate partners for SE. 3.) Propose “Social Value Act” for state, Senator Heather Steans, others county and/or city. 4.) Survey social enterprise ecosystem/ landscape in Chicago. Social Enterprise Alliance - Chicago 5.) Find “the George Roberts” in Chicago. 6.) Engage PE firms for investment and customers. 7.) Fund R&D (taking place outside Chicago). Donors Forum