ENTREPRENEURSHIP & COMMUNITY DEVELOPMENT GROUP 4 Belisario, Berjamin, Besas, Blancaflor, Borla, Calvo, Candole, Canja, Caspe, Deocampo BUSINESS RETENTION AND EXPANSION fosters businesses and industries that are already located within a community to encourage them to stay and expand DEVELOPING LOCAL ENTREPRENEURS ENTREPRENEURIAL FACILITATION process of providing direct, customized, one-on-one assistance to an aspiring or active entrepreneur CREATING AN ENTREPRENEURIAL ENVIRONMENT THREE COMPONENTS OF THIS ENVIRONMENT THAT COMMUNITY LEADERS NEED TO ADDRESS: CULTURE INFRASTRUCTURE ENTREPRENEURIAL SUPPORT ELEMENTS READINESS ASSESSMENT TOOL Openness to entrepreneurship as a development strategy Commitment to balancing business attraction and support for entrepreneurs Availability of entrepreneurship programs and support services Willingness to invest in entrepreneurship development strategies A leadership team committed to entrepreneurship Willingness to work beyond town borders to tap resources and achieve success ENTREPRENEURS CAN ENHANCE LOCAL COMMUNITIES SPONSOR NON-PROFIT ORGANIZATIONS IN THE COMMUNITY ENTREPRENEURS CAN ENHANCE LOCAL COMMUNITIES INCORPORATE VOLUNTEERING IN THE COMPANY MISSION ENTREPRENEURS CAN ENHANCE LOCAL COMMUNITIES DESIGN A BUSINESS MODEL THAT GIVES BACK ENTREPRENEURS CAN ENHANCE LOCAL COMMUNITIES CONTRIBUTE TO THE LOCAL ECONOMY ENTREPRENEURS CAN ENHANCE LOCAL COMMUNITIES PROMOTE LOCAL BUSINESSES Online Communities for Entrepreneurs PLAY VIDEO 11:0 The internet is an infinite resource of knowledge, with billions of pages about every subject imaginable. But its greatest strength is connecting people to that information and to each other. What is Entrepreneurial Facilitation? recognizes that the PERSON, rather than the business idea, is of first and foremost importance. Thus, a facilitator focuses on the goals and dreams of the interested person, and not simply on the details of developing the business plan. They engage clients in a peer relationship, rather than an expert one as they attempt to assist a person in starting and running a business. Assessing Enterprise Facilitation The primary advantage of the Sirolli Approach is that it works on a local level and insists on treating entrepreneurs as partner and people first rather than dealing with the business details only. Another strength of the system is that it has been tested in several different countries such as Australia, New Zealand., Canada, and the United States and has a successful track record in many communities. Example: Lincoln County Enterprise Development Corporation (LCEDC) in Minnesota started in 1999 claims that approximately 250 new or improved businesses to-date are prospering in the country, employing 500 residents, which is almost 17 % of the county's work force as a result of the Sirolli approach. Assessing Enterprise Facilitation Under the ADAMS COUNTY MODEL, the entrepreneurial facilitator's work is accomplished ln coordination with a local network of sponsors and supporters. These supporters range from accountants and lawyers to local government officials, retirees and other community members who willingly give their time by sharing both information and advice with aspiring entrepreneurs. Each network member, is expected to provide services to clients, which include pro bono legal and accounting work, marketing and graphic arts assistance, business plan development, or financial planning. Assessing Enterprise Facilitation Entrepreneurial Coaching an emerging approach to entrepreneurial facilitation. Coaching or mentoring has been around for ages, whereby a client is 'coached' on the necessary skills by an expert Entrepreneurial coaches provide: assistance and support to local entrepreneurs stimulate the entrepreneurial culture of local communities The entrepreneurial coaching model was developed in response to some of the disadvantages of the Enterprise Facilitation method specifically the very large upfront cost that each community must incur and the potential lack of resources or demand to support a professional, fuIl-time position. Since an entrepreneurial coach comes into contact with many different people and businesses, they can serve as a hub for connecting business owners who may benefit from knowing each other. Therefore, coaches play an important role in building networks for aspiring entrepreneurs with existing business service providers, financial resource providers, business suppliers and potential customers. PLAY VIDEO 11:0 Which Type of Entrepreneurial Facilitation is Right for Your Community? Size and Location of Your Community Available Monetary Budget for Project Existing Entrepreneurship support System Local Culture Size and Location of Your Community Where is your community located? Urban, suburban, or larger rural communities may have sufficient volume of entrepreneurial activity and financial resources to adopt either the original or modified version of Enterprise Facilitation. Small rural communities may simply not have enough volume to justify more than a part-time facilitator. It is more apt for a community of this size to train several volunteer entrepreneurial coaches. Available Monetary Budget for Project How much is your community able to contribute for an entrepreneurial facilitator? If your community has the funding, Enterprise Facilitation is an attractive option. However, if your community does not have the resources to support Enterprise Facilitation, volunteer approach is more easily adopted, at least initially. Also, a community may consider partnering with nearby communities in order to pool scarce resources. Existing Entrepreneurship Support System What is the state of entrepreneurship support in the community? It is necessary to review the existing entrepreneurial support mechanisms within your community. Is there a SBDC or community college that provides technical assistance to entrepreneurs? Perhaps, a staff member could be dedicated, at least half-time, to enterprise facilitation. The coaching volunteer approach might complement existing resource providers. Local Culture Does your community have a history of innovation, local entrepreneurship, and risk taking? If so, the community may be able to convince an existing or retired entrepreneur to serve as a facilitator. However, if the community does not have a history of entrepreneurship or it has depended upon one large industry, individuals from the local community may need to be trained as entrepreneurial facilitators or full-time facilitator may need to be hired from outside the community. What is the supply of potential volunteer coaches in the community? If the Community has an active volunteer component, the coaching approach is likely to work well. If not, a community may need to pursue the full-time facilitator approach. Differences between Enterprise Facilitation (Sirolli Approach), Modified Sirolli Approach, Entrepreneurial Coaching Facilitator Enterprise Facilitation (Sirolli Approach) Full-Time Modified Sirolli Approach Full-Time Entrepreneurial Coaching Part-Time (Volunteer) Upfront Cost High High Moderate-Low Operating Cost Moderate-High Moderate-Low Moderate-Low Training Curriculum Propriety Semi-Propriety Public Domain Entrepreneurship Relationship Regional Scope Passive Active Active County or multi-county County or multi-county County or smaller division Source: Sirolli, Ernesto. Ripples from the Zambezi: Passion, Entrepreneurship and the Rebirth of Local Economies. New Society Publishers, 1999. Emery, Brenda. Personal Interview. October 2003. Adams County, Ohio. MICROENTREPRENEURS: CREATING ENTERPRISING COMMUNITIES MICRO-ENTREPRENEURS: CREATING ENTERPRISING COMMUNITIES OBJECTIVES Local authorities and Small Business Service Work with the Local Strategic Partnerships (LSPs) to find ways of catalysing local partnerships and initiatives that can specifically address the agendas set out in this book and that these should be fit with sub regional and regional strategies aimed economic and social development. WAYS OF FURTHER CREATING COMMUNITYLED STRATEGIES MIGHT INVOLVE: Greater community involvement and control of business support services. Increased community ownership of assets including property which can provide, for example, managed workspaces or diverse retail outlets. Greater community engagement in developing strategies and implementing them. RAISING THE PROFILE OF MICRO ENTERPRISES Micro Enterprises play an important role in employment creation and income generation. These Small Scale Enterprises are more efficient in the nation’s economy as they create employment and can provide income generation opportunity for low income groups. RAISING THE PROFILE OF MICRO ENTERPRISES The small scale enterprises provide the entrepreneurial culture and boast of the economy against economic crises, such as low per capita income, poverty and unemployment. There is a need to develop a forum which brings together all organizations involved in supporting micro enterprises in disadvantaged areas in order to increase understanding and exchange best practice. PROMOTING AN ENTREPRENEURIAL CULTURE IN DISADVANTAGED AREAS Entrepreneurial culture has been an area of worth investigation in management research for many years since the growth in technology-based business ventures. Entrepreneurial culture has been defined as the attitude, values, skills, and power of a group or individuals working in an institute or an organization to generate income. It could be called Raising Sights and should incorporate a relevant set of partner organizations who could engaged with the worst disadvantaged areas and spread best practice. Linking enterprise and citizenship in schools Schools should teach enterprise agenda within school curriculum and outside in a way that I can be understood in broad terms Develop respect to social enterprises respect to social enterprises which create local solutions to local problems , To Promote the role of enterprise within the community and make citizenship and enterprise agenda come together Children from disadvantaged areas greatly benefit from enterprise skills through creating extra-curricular activities and local projects. Creating a fact base Geographical Information System (GIS) and Local business surveys should be utilized to create comprehensive maps of regional, sub-regional and local enterprise activity, to help determine what strategies will best and suitable a society Data on turnover and employment of local businesses Occasional surveys of people's attitudes to starting a business Information on local money flows The diversity of micro-enterprise activity, and how it relates to personal circumstances Other missing areas of knowledge relate to different forms of self-employment activity Information on the skills and employment of the local community. Data on suppliers, markets and products of local businesses Data on financial services provided to the local business community particularly by banks and insurance companies Information on community assets and relevant community organization and business networks Data on housing Embedding the gains from job creation and growth There specific focus on creating coherent economic development strategies which include an analysis of how best to develop the market potential of micro enterprises. Small business Services should be included in the agenda in the development of business networks that create new market opportunities and work together to access markets. SOCIAL ENTRPRENEURSHIP Social Entrepreneurship is the process of developing innovative, new organizations to address social, cultural, and environmental problems. 7 Essential Characteristics of Social Entrepreneurship 1. Curiosity 2. Inspiration 3. Resourcefulness 4. Pragmatism 5. Adaptability 6. Openness to Collaboration 7. Persistence Curiosity • Social entrepreneurs must nurture a sense of curiosity about people and the problems they face. • The best social entrepreneurs seek to truly understand the needs and desires of the people they serve. • Great social ventures often start through immersive market research, an empathy-centric process through which social entrepreneurs gain knowledge in the field. Inspiration • Social entrepreneurs must be inspired by the people and problems they encounter. • Inspiration motivates action and helps social entrepreneurs tackle challenges that others shy away from addressing. Resourcefulness • Successful social entrepreneurs know how to leverage the resources at their disposal and develop innovative methods to overcome obstacles. Pragmatism • Changing the world takes time, effort, and experimentation. • While visions for massive social change may provide their inspiration, experienced social entrepreneurs know that they need to take small steps in pursuit of their goals. • Great social ventures are not born overnight! Adaptability • Social entrepreneurs must remain open to solutions. This includes knowing when to pivot and change their strategies if their initial methods do not succeed. • Adaptability and flexibility are integral in the development of early-stage social enterprises . Openness to Collaboration • Social entrepreneurship is a team sport, and other people are willing to help. • Social entrepreneurs need to stay open and attentive to potential partnership and collaboration opportunities. Persistence • Successful social entrepreneurs are the ones who persist past initial setbacks and persevere to deliver effective solutions. • Experienced social entrepreneurs know how to learn from failures, adjust their methods, and make continual strategic improvements. Don’t give up if at first you don’t succeed! EXAMPLES BAMBIKE- HANDMADE BAMBOO BICYCLES Liter of Light “ Isang Litrong Liwanag’Sustainable Lighting ARTWINE- Felt clothing and Accessories BAMBIKE- HAND-MADE BAMBOO BICYCLES Bamboo bike builders (aka Bambuilders) come from Gawad Kalinga, a Philippine based community development organization for the poor, working to bring an end to poverty. The goal of Bambike is to do better business and to make the greenest bikes on the planet. Liter of Light “ Isang Litrong Liwanag”Sustainable Lighting The Liter of Light movement began in the Philippines with one bottle light. The movement grew to brighten not just homes in the Philippines, but in India, Indonesia and Switzerland. Isang Litrong Liwanag is a MyShelter Foundation’s venture into a sustainable lighting project which aims to bring eco-friendly solar bottle bulb to deprivileged communities nationwide. ARTWINE- Felt clothing and Accessories Artwine is a social enterprise made up of a team of designers and rafters who create colorful and whimsical pieces made from felt cloth. With every Artwine purchase, a percentage of its revenues goes to the support of out-of-school youth and their families who live in marginalized communities in Talon Tres, Las Pinas City in Manila. ALIMA COMMUNITY - Kristine Buenavista Alima Community is a community-based platform for sustainable products and slow lifestyle by Ilonggo rural makers and artists. Rofil (wild vine and endemic seeds jewelry from Barotac Viejo) Kataw (beach trash and sea debris accessories from San Joaquin) Himbon (upcycled nostalgic totes from San Joaquin). Artivism-Iloilo THANK YOU!
