Friday, 15 February 2013

A Second Wind? Mads Kjaer Awarded 2013 Schwab Social Entreprenur

After having flirted with disaster in the early years of its existence things had gotten more silent about MyC4 (www.myc4.com) in recent years. However, it now seems that slowly and diligently the Danish Online Microfinance website has begun to address its issues with defaults and fraud. As MyC4's turnaround starts to solidify the Schwab Foundation has now decided to honor MyC4's founder Mads Kjaer with a Schwab Social Entrepreneur award.

“I am extremely honored to be among the winners of this award,” Mads Kjær says on the MyC4 blog, ”the award belongs to our team in MYC4, the investors, MFI Providers and the African micro- and small business entrepreneurs who change lives every day. One step at a time.”



Thursday, 11 October 2012

PhD Thesis: Social Enterprises and the Poor - Enhancing Social Entrepreneurship and Stakeholder Theory

Lisa Dacanay has just published her PhD thesis entitled "Social Enterprises and the Poor - Enhancing Social Entrepreneurship and Stakeholder Theory". This thesis develops a framework for understanding how social enterprises engage the poor and address poverty. Using case based theory building, it studies a theoretical sample of three pairs of Philippine-based social enterprises, where the poor were suppliers, workers, and customers. In half of the cases, the poor were also owners.

The research studies the roles and role changes of the poor in these social enterprises, how and why these roles changed, or did not change, and the impact of the roles and role changes, if any, on the social enterprises and the poor. Data for the research was gathered mainly from key informant interviews, published and unpublished organizational documents as well as previous studies done by external consultants on the case subjects.

Based on a cross case analysis of the data from the theoretical sample, the thesis develops three models of stakeholder engagement among social enterprises with the poor as primary stakeholders or SEPPS, namely: control, collaboration and empowerment. This thesis provides insights and develops propositions about the importance of stakeholder engagement and the power and limitations of these three models in bringing about social inclusion and poverty reduction.

These propositions are suggested to be applicable in countries in the South other than the Philippines where systemic poverty and inequality are exacerbated by the failure of state and market institutions to address the needs of the poor. This thesis makes a contribution to social entrepreneurship and stakeholder theory. It does so by sharing a perspective from the South and giving a voice to the poor as stakeholders. The researcher notes that overall, the poor and the South are under-represented in these discourses. On the whole, social entrepreneurship theorizing has been characterized as embryonic as a topic of academic inquiry. Stakeholder engagement is considered an under-theorized area in stakeholder theory. In developing a framework for understanding stakeholder engagement models involving the poor, this thesis makes a first step towards applying and extending stakeholder theory in SEPPS. The thesis likewise enriches social entrepreneurship theory by conceiving of SEPPS as a global social enterprise model that catalyzes South-North cooperation to address poverty and inequality.

Download the thesis here: http://openarchive.cbs.dk/handle/10398/8513

Tuesday, 2 October 2012

Business Plan Ideas are online now

One month into the 2013 edition of the Copenhagen Business School (CBS) of the Minor in Social Entrepreneurship our elective "Business Plan Writing for Social Enterprises" now has 7 student teams working on business plan ideas. Feel free to connect with them if you think that you want to help them.


Here is a short overview of the seven business ideas, which will be developed and refined over the next 6 weeks:


1. develop business plan for a Norwegian social entrepreneurs who wants to help Indian widowed women through sales of fair trade yoga clothing

2. develop a business plan for a Danish designer who has developed a transport bike for low income people in developing country

3. develop business plan for distributing a Finish online education game aimed at illiterate children to developing countries

4. develop business plan for social impact assessment consulting platform in Denmark

5. develop business plan for a Danish events management start-up working on Climate change related events

6. develop business plan for marketing pop-up mosquito nets to Africa to prevent Malaria

7. raise funds for charities from private companies that need market information via a website on which people can volunteer to take market surveys.


You can read more on our Facebook page (see "recent posts by others") where the groups describe their ideas to their coaches:
http://www.facebook.com/pages/J28-Business-Plan-Writing-for-Social-Enterprises/263780646986240?fref=ts


Wednesday, 19 September 2012

Eight Crowdfunding Sites For Social Entrepreneurs

Forbes has just published a list of eight Crowdfunding Sites for Social Entrepreneurs.  Most sites on the list are available only to charities registered in the US.

See the Forbes list here:
http://www.forbes.com/sites/devinthorpe/2012/09/10/eight-crowdfunding-sites-for-social-entrepreneurs/

It would be interesting to complement this list with European alternatives. So please let me know what you come up with. Any suggestions will be posted here. 

Tuesday, 18 September 2012

Malmö offers half year course on Social Entrepreneurship


An interesting half year option to study Social Entrepreneurship is offered by Malmö University. This 30 ECTS Master course runs each Spring (Jan-June) and aims to develop practical skills within the field of Social Entrepreneurship. The course is open to students from various backgrounds seeking to develop skills in leadership and organisation within the field of Social Entrepreneurship. For more information contact fredrik.bjork@mah.se.

Tuesday, 11 September 2012

Thorkil Sonne of Specialisterne receives 2012 Social Entrepreneur award

One of Denmark's foremost Social Entrepreneurs, Thorkil Sonne, has received the 2012 Social Entrepreneur award from the Schwab Foundation for his launching of Specialisterne, an organisation specialized in software testing. What makes his company special is that most of its employees are diagnosed with Asperger Syndrome. While people suffering from autism spectrum disorder (ASD) are typically seen as a burden by most employers Specialisterne welcomes them with open arms. For Specialisterne’s area of expertise they are actually more suited than anyone else, since its services involve tasks that are monotonous, repetitive and require great accuracy in all steps involved. Characteristics that fit perfectly the unique set of competences people with Asperger bring to the table.

Monday, 10 September 2012

CBS Student Set New Fundraising Record

At the start of every semester the CBS students studying our elective J28 "Business Plan Writing for Social Enterprises" are asked to raise funds for a social purpose as their first assignment. They have only 7 days to select a cause, develop a campaign idea, implement it, and transfer the funds to the beneficiary. This year's best team did not just raise more funds than last year's best team, they actually singlehandedly raised more money than all 2011 teams together. 8200 DKK will go towards Reden (the "nest") a private institution helping abused women working in prostitution.

All 5 groups have documented their work here:
Group 5         Group 4        Group 3
Group 2         Group 1

Congratulations to all 2012 teams for raising a total of over 12,000 DKK this year and raising the bar for next year's class.