There is a new course, just released on Future Learn, which teaches you the basics of business innovation in any environment. Future Learn offers free courses on-line, many of which can add certificated outcomes to your professional development learning.
The Social Business sector is all about innovation, in financing, in management and in operational delivery – all with strong social value and outcome in mind.
‘Understand commercial innovation, how ideas emerge and become reality, with this free online course developed with Marks & Spencer’ – The University of Leeds.
The course starts in June 2015, plenty of time to subscribe for the course content and bring your innovation skills to the fore. See how to enrol here…
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‘Venturefest East Midlands will take place on Tuesday 14 April 2015 at the East Midlands Conference Centre, Nottingham. There will be many opportunities to showcase achievements, network and build new business skills before the event, through activities and resources…including’:
Advice and support for all things business and innovation
Access and information about Open Innovation contracts throughout the East Midlands
Workshops on pitching to investors for investment ready businesses and entrepreneurs
Direct networking opportunities with the dedicated Venturefest app
Importantly for SEEM, we will be delivering the Social Business Hub offer, giving you insights into the Social Business sector.
As well as giving you a chance to meet and network with businesses already active in this emerging sector, The Hub can be instrumental in helping you to formulate your new social business idea, or to pivot an existing business strand into delivery on social terms.
The Hub will contain a variety of Social Business practitioners to share ideas with and seek support from, if required, including…
Join Roger and the SEEM team at Venturefest East Midlands. Call in on The Social Business Hub, take part in the workshop events and start exploring your new Social Business venture.
Sharing knowledge, developing a good idea and planning ahead?
If you are on a post-graduate course in Nottingham, in any discipline, and interested in starting your own business, then the Social Business Programme represents a great opportunity to develop your idea, share opportunities and to learn about the social business start-up sector.
From February to April 2015 the programme of events and conferences represent a great opportunity to develop your ideas in concert with a team Social Business specialists.
You can also meet us at a special postgraduate meeting of First Tuesday, Nottingham’s network for social businesses, on February 3rd, 2015. Social Business and social impact measures are part of the debate.
Places are free, but numbers are limited.
Key Programme Events:
3rd February, 2015 – First Tuesday, a Post-grad special event. Inspiration for the entrepreneur and a free drink for the first fifty people through the door! You can book here…
24th February, 2015 – What is good for business? Four different speakers offering you insights into key aspects of Social Business development. A Question and Answer Session will follow this, the first of four sessions in the programme.
“…how emerging technologies in the digital economy can transform society by the mobilisation of collective action, enable a more collaborative economy, new ways of making, citizen participation, sustainability and social innovation”.
This European initiative, connected by philosophy and concept, itself overcomes distance by the use of new technology. Bringing together organisations and key players on the innovative transformation of society through their use of the internet.
The idea:
This can be in the creation of projects which develop a more collaborative economy, devise new ways of making, delivering a more open and democratic society, as well as using technology to bring forward new funding streams, accelerator and enterprise incubator programmes.
This whole spectrum of activity sits well with our own social finance mission, based upon strong ethical considerations, which deliver social output as a key return of the business plan.
The event:
We think DSI will continue to grow through 2015. Nesta and its partner organisations are holding an event in Brussels on the 17th February, 2015 to enable players in this new sector to engage, discuss and make new connections.
If you wish to explore DSI further, ahead of the event, the DSI Partnership has a web site that is worth exploring. You can see who the 1500 or so partner organisations are and access news and information on funding and research. You can also download a set of free resources. See more here.
Their succinct definition, of what DSI is, is given below….
“Digital Social Innovation is a type of collaborative innovation in which innovators, users and communities co-create knowledge and solutions for a wide range of social needs exploiting the network effect of the Internet.”
If you are interested in the transformative power of financial innovation, social change and new technology economies of scale, we think this is a movement worth tracking in 2015. The city, region or national movements in our sector will all find something of interest here.
We may even see you in Brussels?
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Registration for the Good Deals conference taking place on the 24-25th of November 2014 at 30 Euston Square London will close on Wednesday the 19th of November.
Our partners Matter&Co are once again organising the UK’s biggest gathering of social entrepreneurs, civil society leaders, corporates and social investors.
Keynote speakers include Jacqueline Novogratz, Vince Cable, Safia Minney and Liam Black. Please visit http://www.good-dealsuk.com/ to book your ticket online and for programme and venue details.
As a partner to the event we are delighted to offer all of our members a 25% discount ticket to the conference using the promo code SEEM14.
If you can’t wait, give a member of the team a call on 02085338892.
We are really excited about this year’s event and we will be there in full force. We hope to see you there too.
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SEEM (Supporting Social Business) will be in London for the UK’s biggest social investment conference at the end of November 2014 and as partners to this event we’ve secured a special discount rate for our members and readers of ‘MiningTheSEEM’
With less than four weeks to go to the Good Deal Conference taking place on the 24th and 25th of November, we’re looking forward to seeing what’s new in the world of Social Finance. Our partners Matter&Co are once again organising the UK’s biggest gathering of social entrepreneurs, civil society leaders, corporates and social investors.
Keynote speakers include Jacqueline Novogratz, Vince Cable, Safia Minney and Liam Black. For more information on programme and venue details please visit www.good-dealsuk.com.
As a partner to the event we are delighted to offer all of our members a 25% discount ticket to the conference using the promo code SEEM14.
We’re reliably informed that over half the tickets have already been sold, so if you can’t wait give a member of the Good Deals team a call 020 8533 8892.
Nottingham based Food Freedom, a new social business created by Nicky Gray and supported by Roger Moors of SEEM managed to secure national coverage this week on BBC Radio 4.
Developed as a consultancy and training company to advise and inform food businesses about allergies, Nicky spoke about the impending legislation that all restaurants, indeed all food outlets will be subject to come mid December this year. ‘You and Yours’, one of the stations prime time programmes featured Nicky and a number of restauranteurs talking about the need to comply with the new laws or face prosecution.
Nicky who has a wealth of knowledge in this arena decided to establish her business last year to both safeguard people who suffer with food allergies and intolerances but also to assist food outlets, many of whom are unaware of the new law and their obligations. Food Freedom was one of a number of businesses supported by SEEM under the Cabinet Office Social Incubator North programme. Roger said…
‘I’m delighted that Nicky has managed to get this level of publicity and awareness on national radio. The impact of her work is enormous and I’m really pleased that the support and finance we provided has enabled her to grow and develop her business so successfully in such a short period of time’.
We were pleased to cross the City and to be invited to the latest CleanTech Centre lunch event, on Thursday 21st October, 2014. A great opportunity to network and hear key speakers in an informal, professional setting.
Our Roger Moors was delivering the keynote presentation to the assembled guests and he was welcomed to the event by Bob Pynegar of Inntropy Limited, who owns the Centre.
Inntropy was set up in 2011 by Bob Pynegar and Nick Gostick. They saw that a building in West Nottingham had the potential to be an incubator for entrepreneurs, start-ups and SMEs specialising in clean technologies. This building is now known as The Nottingham Clean Tech Centre (NCTC).
Bob wrapped his introduction to delegates with an illustration of how the CleanTech Centre offers its resident businesses a professional, supportive atmosphere to work in, with the advantage of having spaces available to meet client s and suppliers, as well as being able to take advantage of the Inntropy ‘entrepreneurship offer’ – mentoring, guidance , support and training.
Completing his delivery to the audience with a stress upon the growing importance of the Social Business sector, whether as a source of development funding, the melding of company philosophies with consumer expectations or the growth of the ‘triple bottom line’ business. ‘Social outcome will be even more important for the SME sector in the future...’ said Bob.
Roger Moors of SEEM then took centre stage. Roger began by offering the assembled business audience a range of definitions about the context of charities in business, social enterprises, and now with the emergence of the social finance sector, the ever growing importance of companies with distinct and clear social aims, yet who can still deliver external dividends as part of their enterprise processes.
Roger used a few simple diagrams to make his point. The ‘blended social business’, with solid social aims, clear business strategies and distinct profits would look something like this, he argued…
Achieving the blended balance…
Roger emphasised the point that there were 90,000 Social Enterprises in the UK, with only some 10% actually delivering a sustainable business model that was not reliant on loans or charitable grants.
An opportunity for the social business, with strong profits, to deliver social outcome in a sustainable way.
This was not seen as a failure of the sector, but an opportunity for mainstream businesses to make bolder declarations of their social concern and delivery and use this effect to capitalise expansion, new products an services, the whole while supporting their communities of interest.
Roger then launched to the audience the new £1 million Nottingham Social Impact fund, which is designed to fit the investment profile outlined in the narrative above.
With loans available from£5,000 to £150,000, Roger saw the initial tranches of support in the £50,000 sector or below, with an ideal period of three years for repayment. The money will be put out at 6.5% interest.
Roger, in conclusion, stressed the importance of thePublic Sector Social Value Actof January 2013. Committing all Local Authorities to take social impact into account when making strategic procurement decisions with their public money.
Roger receive applause from the audience and the thanks of Bob Pinegar for his clarity and conciseness.
I f you are interested as a start-up in the office provision and business support that the CleanTech Centre can offer, then please use the contact details below.
The Pop-up Shop has been getting a lot of press recently.
Did it ever go away? Is a revision to enterprise philosophy under way? Asset management, both in the public and private sector is in flux. With revisionist thinking on collaboration and about public space utility and development?
We think there is this paradigm shift, which can energise the social finance market. It will temper developments in the public space. This affects political mission, private capital movements and community outcome.
We offer as evidence the three reports/ideas formulated by a diversity of organisations below. As crisp in their thinking as they are diverse. They are telling onlookers to change, at an opportune moment for our sector.
The Pop-Up Shop:
Reading mainstream articles about this newly energised movement, we enjoyed revisiting the web site of www.appearhere.co.uk . We see it as a metaphor for a new retailing in the UK.
We are a world away from the ’empty space’ temporary retail proposition of old.
Gone are bare spaces, filled with less than high quality merchandise on a seasonal pressure sale basis. In comes a range of artisan producers, innovatory publishers and craft manufacturers. All intent on capitalising on short term, premium retail spaces. It should stir the imagination?
The Appear Here concept achieves a number of aims for the burgeoning retailer. Firstly, you can use the site to scope spaces across the UK, and will be able to view more in the future. You can also see, upfront, the cost of occupying the space over your chosen period.
If you are a community enterprise just at the planning stage this is important. Not being retail property specialists, but with a passion for your community manufactury, then knowing what the costs are likely to be, with support of the Appear Here team, could be a deal clincher for your project.
We haven’t fully explored the booking conditions from the site yet, and cannot see other start-up costs like majority deposits that may be needed, but overall the presentation makes a telling offer for the 21st Century. Check out Appear Here today.
We also liked and applaud The Plunkett Fondation’s attempts to vivify the community shop. They have recently published a new report Community Shops 2014 – A Better Form of Business.
The Foundation’s main focus is on rural development. As with the initiative above, retailing and the opportunities it offers, are good in inner-city areas too.
These include the principles of stock management, employment, volunteering, managing cash-flow and more.
The mixture of skills and commitment adds human capital, not only to the shop, but also the community if done right.
What can be gleaned for the Plunkett report is how a local shop can be a driver for community cohesion, a broad, beneficial identity and, because it is community owned, a wider sense of community ownership of place is also generated. Who cannot be proud of the area the shop they own exists within?
Socially Productive Places:
Yesterday The Royal Society for the Arts (RSA), in collaboration with British Land, published a new report about an emergent model to add value to public spaces by utilising a new admixture of co-operation and skills shared amongst local authority planners, developers, community groups and politicians.
We were excited by the report, which contains recommendations for how private developers and public sector players can innovate and collaborate in new ways to get the maximum value from public spaces, whilst at the same time adding value to built assets.
At the heart of the report is a lack of fear about profitability. But with a sense of urgency and innovation about how the public domain renovates and rebuilds from now on.
The report tells us what should not done. As well as illustrating the new skills needed by key players in the development sector. It is a cogent and telling argument.
It’s a timely report and you can read a short review, and find links to the conference that inspired the research, on conversationsEAST, the East of England Fellowship journal supporting the work of the RSA.
Mass Collaboration:
The Institute of Public Policy Research (IPPR), is a centre-left think tank. It recently published a paper called Mass Collaboration.
Within the context of this brief article, the IPPR piece binds together some of the ideas expressed above. Taking a meta-narrative view of policy and practice.
To see how to achieve change in the public arena. Moving to mass engagement within the socio-political structures that frame our society.
The paper, authored by Matthew Pike, a serial social entrepreneur. He has connections to Unltd, Big Society Capital and the Social Investment Business.
Matthew is the founder of www.resultsmark.org, a free reporting system for public services. Always worth checking out!
The Pike thesis for change, that will will channel mass collaboration, is based upon five key principles. We give them below.
“Invest in shared institutions that build social capital and engender supportive working relationships across sectors and hierarchies, such as teams of supporters around individuals, community anchor organisations, children’s centres, extended schools and more. Above all, invest in new ‘backbone organisations’ that can mobilise and organise whole-system change across localities.
Understand what help people need in order to help themselves and discover the existing strengths within people and communities, through an immersive programme of listening and learning.
Harness the new power of ‘big social data’ to turn public funding into a real-time process of action learning, understanding as much as possible about activities, outcomes and costs in an area to help design new systems that give people the help they need in a much smarter way.
Provide funding, investment and support to test, grow and scale up what works better in a local context and cut what isn’t needed or is less effective.
Work progressively to use new insight and evidence to help redesign the wider systems, rules and regulations that hamper local achievement”.
The five could apply to the social finance sector, and the players operating in it. Innovation, change, consultation, system and process review, engagement with communities of interest. All are all defining characteristics of the Social Finance sector.
The thematic glue to them, for us in the sector, is money. It’s accrual, its management and its dispensation. The Pikeian motif can layer upon the RSA paper, as well as across the innovatory approach of The Plunkett Foundation. In essence, we should talk to each other and ‘do things different’.
A heady time to be in the vanguard of a new movement?
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Evolve 2014, an annual event for the voluntary sector is almost upon us again.
The gathering, organised by the NCVO, features a sector Summit, Marketplace and and a variety of Fringe events to occupy and interest everyone across the third sector.
No matter what your role is with, or within, the voluntary sector, there is something at Evolve 2014 that is relevant to you and your organisation. It will help you look to the future, whatever the size, shape and mission of your organisation.
Date: Monday 16 June
Time: 09.30 – 17.30
Location: The Brewery and Montcalm Hotel, London
The keynote morning events are delivered by Hilary Benn, Shadow Secretary of State for Communities and Local Government, as well as a session by Dawn Austwick, Chief Executive of The Big Lottery Fund. See the Summit agenda in detail here.
One of the key Fringe events will be delivered by Neil Berry, Head of Trading, Locality. The session reflects that…
incredibly, the economy of scale argument is still dominant in the Treasury, in government departments, in local councils and health bodies, and across the political spectrum. This is the myth that cutting costs will be achieved by combining public sector procurement into larger and larger contracts, by driving down unit costs through efficiencies of scale.
Locality will be presenting their ideas as to how this dis-economy of scale can be subverted by a new methodology of delivery for the Public Sector. The recommendations are based upon original research by Professor John Seddon and the team at Vanguard Consulting.