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SOCIAL ENTERPRISE
ACTION!
MAKING IT HAPPEN
A outline prospectus
for social enterprise brokerage
SOCIAL ENTERPRISE ACTION!
MAKING IT HAPPEN
To make social enterprise live up to its jobs
 and economic recovery potential we need a
 catalyst and an enabler.

 Social Enterprise Action! is seeking investment
  in terms of time, commitment and money
 Investment means a clear outcome for all the
  stakeholders
 Investment means being innovative and being
  rewarded
SOCIAL ENTERPRISE ACTION!
MAKING IT HAPPEN
Where did it come from?
 Social Enterprise Action! has developed from an
  INTERREG ACTION Pilot Project between
  Carmarthenshire in Wales and County
  Waterford
 It has identified over 200 potential or current
  social enterprises in County Waterford alone
 Social Enterprise Action! Seeks to be innovative
  and dynamic in its methodology and growth
  potential
SOCIAL ENTERPRISE ACTION!
MAKING IT HAPPEN
What will it do?

   Broker resources (social, intellectual, financial
    capital) to set up new social enterprises, expand
    existing ones and develop job potential
   Develop local action groups in tandem with networks
    such as Communities Creating Jobs and LEADER
    through a series of local social enterprise workshops
   Offer training courses to local development enterprise
    animators
   Research and keep updated a regional social
    enterprise database
   Establish a network of specialist consultants and
    mentors with the capacity to respond to specific social
    enterprise needs
SOCIAL ENTERPRISE ACTION!
MAKING IT HAPPEN

What’s new?
 We won’t wait for projects to come to us, we’ll go
  out and make it happen
 We will integrate with a new and dynamic
  community initiative, brokering skills, advice
  and resources to develop social enterprise
 We won’t be part of a state initiative , but an
  independent non-profit company with a
  sustainable business plan
 We will draw on skills, research experience and
  business contacts from the INTERREG ACTION
  Pilot Project
SOCIAL ENTERPRISE ACTION!
MAKING IT HAPPEN

What’s the resource base?
 Social capital of contacts in social enterprise and
  the Communities Creating Jobs network
 Intellectual capital of the expertise of the key
  players
 Pool of business expertise and mentors

 Transnational partner experience and contacts
  through the INTERREG ACTION Pilot Project
SOCIAL ENTERPRISE ACTION!
MAKING IT HAPPEN
What will be the impacts?
 Development of local action groups in tandem
  with networks such as CCJ
 Where a local community engages, a social
  enterprise workshop and follow-up service will
  deliver new and expanded social enterprises over
  a 1-3 year period
 Over a three-year period a local action group and
  support infrastructure will be established in
  every county
 Social enterprises will attain critical mass to
  effect job creation through a visible and
  recognised sector
SOCIAL ENTERPRISE ACTION!
MAKING IT HAPPEN

What can investors expect?

 New social enterprises established linked to local
  action groups
 Existing social enterprises expanded and
  developed
 New sustainable jobs created

 Social enterprise emerges as a viable sector

 Positive social enterprise culture of self reliance
SOCIAL ENTERPRISE ACTION!
MAKING IT HAPPEN

The Structure

 Guarantee company without share capital
 Committed and experienced directors

 Independent of agencies or state structures

 Open to membership from participating
  communities
SOCIAL ENTERPRISE ACTION!
MAKING IT HAPPEN
Sustainability

 Built on local ownership and support
 Responds to unique local needs and opportunities
 Engaging with the critical issue of local job
  creation and social enterprise
 Low overheads and operating structure
 Developing ‘self-generating market’ through local
  workshops
 Experience and contacts gained through
  INTERREG ACTION and Dunhill Rural
  Enterprises Ltd
 Linked to grassroots-based community
  movement
SOCIAL ENTERPRISE ACTION!
MAKING IT HAPPEN

Next steps

 Incorporating the company
 Seeking Investor commitments

 A full prospectus and Business Plan

 Develop local, regional and national roll-out
  programme

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Social Enterprise in ACTION - A proposal for Social Enterprise Support. Dr Jerry McKeever, Tosach

  • 1. SOCIAL ENTERPRISE ACTION! MAKING IT HAPPEN A outline prospectus for social enterprise brokerage
  • 2. SOCIAL ENTERPRISE ACTION! MAKING IT HAPPEN To make social enterprise live up to its jobs and economic recovery potential we need a catalyst and an enabler.  Social Enterprise Action! is seeking investment in terms of time, commitment and money  Investment means a clear outcome for all the stakeholders  Investment means being innovative and being rewarded
  • 3. SOCIAL ENTERPRISE ACTION! MAKING IT HAPPEN Where did it come from?  Social Enterprise Action! has developed from an INTERREG ACTION Pilot Project between Carmarthenshire in Wales and County Waterford  It has identified over 200 potential or current social enterprises in County Waterford alone  Social Enterprise Action! Seeks to be innovative and dynamic in its methodology and growth potential
  • 4. SOCIAL ENTERPRISE ACTION! MAKING IT HAPPEN What will it do?  Broker resources (social, intellectual, financial capital) to set up new social enterprises, expand existing ones and develop job potential  Develop local action groups in tandem with networks such as Communities Creating Jobs and LEADER through a series of local social enterprise workshops  Offer training courses to local development enterprise animators  Research and keep updated a regional social enterprise database  Establish a network of specialist consultants and mentors with the capacity to respond to specific social enterprise needs
  • 5. SOCIAL ENTERPRISE ACTION! MAKING IT HAPPEN What’s new?  We won’t wait for projects to come to us, we’ll go out and make it happen  We will integrate with a new and dynamic community initiative, brokering skills, advice and resources to develop social enterprise  We won’t be part of a state initiative , but an independent non-profit company with a sustainable business plan  We will draw on skills, research experience and business contacts from the INTERREG ACTION Pilot Project
  • 6. SOCIAL ENTERPRISE ACTION! MAKING IT HAPPEN What’s the resource base?  Social capital of contacts in social enterprise and the Communities Creating Jobs network  Intellectual capital of the expertise of the key players  Pool of business expertise and mentors  Transnational partner experience and contacts through the INTERREG ACTION Pilot Project
  • 7. SOCIAL ENTERPRISE ACTION! MAKING IT HAPPEN What will be the impacts?  Development of local action groups in tandem with networks such as CCJ  Where a local community engages, a social enterprise workshop and follow-up service will deliver new and expanded social enterprises over a 1-3 year period  Over a three-year period a local action group and support infrastructure will be established in every county  Social enterprises will attain critical mass to effect job creation through a visible and recognised sector
  • 8. SOCIAL ENTERPRISE ACTION! MAKING IT HAPPEN What can investors expect?  New social enterprises established linked to local action groups  Existing social enterprises expanded and developed  New sustainable jobs created  Social enterprise emerges as a viable sector  Positive social enterprise culture of self reliance
  • 9. SOCIAL ENTERPRISE ACTION! MAKING IT HAPPEN The Structure  Guarantee company without share capital  Committed and experienced directors  Independent of agencies or state structures  Open to membership from participating communities
  • 10. SOCIAL ENTERPRISE ACTION! MAKING IT HAPPEN Sustainability  Built on local ownership and support  Responds to unique local needs and opportunities  Engaging with the critical issue of local job creation and social enterprise  Low overheads and operating structure  Developing ‘self-generating market’ through local workshops  Experience and contacts gained through INTERREG ACTION and Dunhill Rural Enterprises Ltd  Linked to grassroots-based community movement
  • 11. SOCIAL ENTERPRISE ACTION! MAKING IT HAPPEN Next steps  Incorporating the company  Seeking Investor commitments  A full prospectus and Business Plan  Develop local, regional and national roll-out programme