Fostering Social Innovation

Talking about Social Innovation means talking about a process developed within a complex ecosystem that very often must be created from scratch.

 

There are different kind of players and very different ways to build a Community Needs Oriented Business. 

Fostering Social Innovation means necessary to build a structured and functional ecosystem for the creation of networks for the spread of awareness in support of the social innovation process.

Some of the most famous worldwide players are:

  • BRAC – Bangladesh Rural Advancement Committee founded in 1972 by Sir Fazlé Hasan Abed
  • SEWA Self Employed Woman Association founded in 1972 by Ela Bhatt
  • The Grameen Bank founded in 1976 by Muhammad Yunus
  • The Prince’s Trust founded in 1976 by Charles, Prince of Wales 
  • Ashoka – Innovators for the Public founded in 1980 by Bill Drayton

Successful social entrepreneurship initiatives can take at least three forms, including:

  • building local capacities to solve problems,
  • providing “packages” needed to solve common problems,
  • building local movements to deal with other powerful actors.


How to build the Ecosystem

Nowadays there are a lot of events and meetings related to the Social Innovation Ecosystem.

Worldwide it’s luckly quite easy to find and attend Startup Events or Accelerator Programs, where the seed of an idea (after meetings with mentors and coaches and a quick process of networking with interested people who want to became partners) could became a real entreprise.

What is a Startup Event?

Events like “Startup Weekend” (by Techstars) and “Startup Europe Week” (by European Commission) are the backbone of the startup ecosystem. 

By attending such meetups, where participants contribute by sharing their experiences, ideas, and problems, you will open to a world of valuable insights, tips, tricks, recommendations, suggestions, and advice from industry experts for yourself.

In a Startup Event usually you can meet Founders, Investors, Marketers and Business consultants, which have different goals to reach (fundraising, developing ideas, hunting for business opportunities, learning new hacks, etc.).

Startup Events are usually scheduled in different thematic sessions, like Workshops, Pitch corners, Ideas Jam Sessions, Job Postings and Startup Outing spots, in which it’s mandatory the interaction between speaker and audience.

Here is a list of the best Startup Events about Social Enterprise, nowadays

www.f6s.com/search?q=social%20enterprise (than Right Menu: Startup Events)

What is an Accelerator Program?

Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs which include seed investment, connections, sales, mentorship and educational components, culminating in a public pitch event or demo day to accelerate growth. 

Most startup accelerators in Silicon Valley and globally are privately funded as an investment fund that take equity and focus on a wide range of industries.

Theese “boot camps” expose startup founders to wide variety of mentors, including former entrepreneurs, Venture Capitalists, Angel Investors, and corporate executive. 

The first accelerator, Y Combinator, was founded in 2005, quickly establishing itself in Silicon Valley as the first program of its kind. 

Techstars, one of the largest programs to emerge, followed in 2007, when two local start-up investors in Boulder, Colorado founded an accelerator, hop-ing to transform the Boulder start-up ecosystem.

Today, estimates of the number of accelerators range from 300+ to over 3,000 (spanning six continents), and the number is growing rapidly.

Techstars Three-Months Accelerator Program allows to you to grow your network being linked to a large pool of mentors where you can find your top 3-5 mentors who will be committed to helping you with product development, market fit, and who will also provide valuable introductions to help grow your company — fast.

“Accelerate your business” means that you lay down your fundraising strategy and prepare to meet with investors, earn how to communicate your vision and prepare to meet with investors, partners and other key stakeholders who can help shape your future.

Here is a list of the best Accelerators Programs, nowadays

https://www.f6s.com/search?q=social%20enterprise (Right Menu: Accelerators/Program)

Once you designed your own innovative business think social and let yourself be inspired by Some of the most famous Social Innovators Business worldwide: 

  • BRAC – Bangladesh Rural Advancement Committee founded in 1972 by Sir Fazlé Hasan Abed
  • SEWA Self Employed Woman Association founded in 1972 by Ela Bhatt
  • The Grameen Bank founded in 1976 by Muhammad Yunus
  • The Prince’s Trust founded in 1976 by Charles, Prince of Wales 
  • Ashoka – Innovators for the Public founded in 1980 by Bill Drayton
  • Formerly NESTA
  • Your Own Place CIC founded in 2013 by Rebecca White

 

Let yourself be inspired

Related Articles

© Made with ❤ The Qube APS P.IVA: 03007450731