www.socialenterprise.org.hk Tri-Sectoral Partnership Government Executive Judiciary Legislature Public service Civil Society Business NGOs Academic Small, medium, and large enterprises Media Trade Associations Religious Groups Chambers of commerce Civic Organizations Leverage – Social Entrepreneurship Government Leadership Authority Legislation Funding schemes Civil Society Trust Network Goodwill Community Social Issues The Disadvantaged Business Financial resources Technology Business Skills Customers Training Process Goodwill Resources Partnership Nearly every problem has been solved by someone, somewhere…… [but] we can’t seem to replicate [those solutions] anywhere else. Bill Clinton Definition of Social Enterprise triple bottom lines serving the disabled Change the world Profit with purposes creating employment opportunities http://www.project10tothe100.com/index.html community interests Social Innovation – Where does the innovation come from? DID http://www.dialogue-in-the-dark.com/ Social Innovation – Where does the innovation come from? MY http://hk.youtube.com/watch?v=YxpTFwQx-A8 http://www.youtube.com/watch?v=TPk2gRuIdj0 How Kiva works Source: www.kiva.org Making a loan Source: www.kiva.org MyC4 business model Bidding page Statistics between MyC4 & Kiva MyC4 Launched October 2007 Kiva Launched October 2005 End Dec 2007 300,000 End Oct 2008 5,190,195 End Dec 2007 12,250,512 End Oct 2008 37,747,507 Number of lenders Average amount loaned per Lender in EUROS (includes re-loaned funds): 2,500 120 6,885 562 250,000* 49* 353,543 107 Number of loans funded Number of microfinance institution partners 500 2 providers 1 lender 3,079 20 (7 lenders, 13 providers) 19,250* 48* 67,543 88 Average interest rate for lenders Average Interest Rate for borrows (APR after fees and costs of intermediaries) 10.9% 12.7% p.a 0% 0% n.a. 50% 20% 20% Number of employees 9 Not available Default rate 2% 22 in Denmark, 10 in Uganda 2-3% 24 full time, 9 part time 1.25% Value of amount loaned since beginning in EUROS * As of October 2007 no other data available Source: annual report MyC4, press releases and www.kiva.org Under 2% Social Entrepreneurship Selfless Unconditional Patience Sustainability = Innovation? FedEx – 700 aircraft, 44,000 motors, 4 million gallons of fuel every day, FUEL SENSE Program (1. replacing old aircrafts, reducing fuel consumption by 36%, capacity increase by 20%, 2. 30 software programs to optimize aircraft schedules, flight routes, and extra fuel on board, 3. 1.5 mega-watt solar energy system, 4. hybrid vans, 42% more fuel-efficient) Cisco – used equipment (costing 8 million USD to handle) to Recycling Team (reuse rate jumps from 5% in 2004 to 45% in 2008, recycling cost fell by 40% and the team becomes a profit centre of 100 million USD) Clorox – Green Works 40% share of 200 Million USD Market( 15-25% premium over conventional cleaners) P&G – Tide Coldwater – 2%, 5% in 2002 to 21%, 52% in 2008 (British, Holland Households), impact 80 billion fewer kilowatt-hours = 34 million fewer tons of CO2) CO2 + sea water = cement (coral) Workforce entrants regard social responsibility and environmental commitment as important criteria in selecting employers Final Check Business Model •Value Proposition – any problem? •Profit Formula – how to make the business sustainable? •Key Resources – at what cost? any strategic partner? •Key Process – by what means? any room for improvement? •“CASH” Check: Cash, Access, Skill, Hour •ask what your solution can do for the public? •Cash (saving people’s money?) •Access (provide access to / for?) •Skill (skill enhancement?) •Hours (saving people’s time?) 17 Social Entrepreneurship Social Enterprise is a BUSINESS http://video.google.com/videoplay?docid=-7538155516829693692# http://www.youtube.com/watch?v=Tq0tan49rmc&feature=fvw Hong Kong Cases School of Hip Hop, Arts Alive and City Challenge Youth Outreach Healthy Mothers-to-be Kwun Tong Methodist Social Service School of Hip Hop, Arts Alive and City Challenge Youth Outreach Interests or Strengths: Music, Dance, and risk-taking Entrepreneurial spirit: Love what kids love, and empower them Creative blend: Street dance, local and foreign cultures, synergy among 3 SEs, from drop-outs to teaching classes in school Scale-up: Corporate partnership and Regional competition News: http://www.youthoutreach.org.hk/hiphop/index2.htm Healthy Mothers-to-be Kwun Tong Methodist Social Service Interests or Strengths: Post-natal mentorship, baby-sitting, and domestic service Entrepreneurial spirit: One client (family) at a time, strong sense of ownership Creative blend: Traditional wisdoms, modern healthcare knowledge, and intergenerational socialization Scale-up: Extend the service from post-natal to nursery (children, age 1-6) News: http://www.labouraid.org/maternity/ http://hk.news.yahoo.com/article/091011/3/emxr.html Social Innovation Key Learning points: •Bottom-up •Turn interests or strengths into business ideas •Put ideas into actions by those interested parties •Leverage resources (tangible and intangible)from Government, NGOs, and Corporations •End-users and customers focused •Not just one or two entrepreneurs, mobilize the whole team! Funding Sources Section 88 – charitable organization http://www.ird.gov.hk/chi/tax/ach_tgc.htm 申請者必須是《稅務條例》(第112章)第88條所界定具有慈善團體身分的非牟利 機構。 Funding one: 民 政 事 務 總 署 推 行 "伙 伴 倡 自 強 "社 區 協 作 計 劃 http://www.had.gov.hk/tc/public_services/en_self_reli/index.htm 每 項 核 准 計 劃 最 多 可 獲 得 300 萬 元 的 資 助 。 有 關 的 計 劃 須 在 申 請 獲 批 後 六 個 月 內 開 始 實 際 運 作 ; 資 助 期 不 多 於 兩 年 。 Funding two: 「 創 業 展 才 能 」 計 劃 http://www.swd.gov.hk/tc/index/site_pubsvc/page_rehab/sub_listofserv/id_ enhancinge/ 殘 疾 僱 員 在 每 項 業 務 中 所 佔 比 例 由 不 少 於 受 薪 僱 員 總 數 60% 改 為 不 少 於 受 薪 僱 員 總 數 50% 用 以 支 持 業 務 最 初 營 運 的 資 助,一 般 從 業 務 開 展 起 計, 由 最 多 為 期一年 改 為 最 多 為 期 兩 年,而 每 項 業務 最 高 200萬 元 款 額 的 規 定 則 維 持 不變。 Funding Sources Funding Three: 社區投資共享基金 http://www.ciif.gov.hk/tc/whatsnew/index_c.html 截至第十五期基金共批出計劃: 約200個, 基金共批出金額: 約2億元 受資助計劃的成效: - 20 000名人士由受助到助人 - 超過5 000名人士因提升自信和能力而可以重投勞動市場 - 支援14 000多個家庭, 成立20個合作社 - 動員超過4 700個合作夥伴,其中約三分之一為商界夥伴 Funding Four:環境及自然保育基金 http://www.ecf.gov.hk/tc/home/index.html 基金自1994年成立以來,合共資助超過1,000個項目,批出撥款約2億元。 Funding Five:活化歷史建築伙伴計劃 http://www.heritage.gov.hk/tc/rhbtp/application_arrangements.htm Funding Six: 工業貿易署 - 中小企業發展支援基金」 http://www.tid.gov.hk 中小企業發展支援基金 (基金) 旨在資助非分配利潤的支援組織、工商組織、 專業團體及研究機關,推行有助提升香港整體或其個別行業的中小企業的競爭 能力的項目。 Q & A Thank you for listening! 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