FROM NEED TO OPPORTUNITY [social enterprise rural alliance] BUILDING VIBRANT RURAL COMMUNITIES
a social enterprise is: “a business engaging in the sales of goods and services to work toward a primarily social and/or environmental purpose”
Parrsboro Band Association
Just Us! Coffee Roasters Co-op
Career Development Services
Nelson Car Share Co-op
Nelson Cares Society
The Right Stuff
West Kootenay Social Enterprise Society
what it’s really about 1.looking at a need and seeing an opportunity 2.being resourceful 3.finding innovative solutions 4.empowering the community 5.hybrid business model 6.being accountable to the community
where does it fit?
rural pressures
blended value
key benefits provide missing services increase revenue increase community control entrepreneurial culture community-based diversify sources of funds social connections
possible market opportunities for rural social enterprises
design options 1.purpose and motivation 2.social and economic aims 3.legal structure 4.enterprise integration 5.mission orientation 6.profit orientation 7.governance
social enterprise development continuum
key success factors 1.patience 2.measuring 3.right people 4.strong marketing 5.commitment
barriers to success 1.managing costs 2.obtaining capital 3.trade-offs 4.long break-even point 5.measuring 6.finding viable opportunities 7.marketing 8.integrating the environmental bottom line
moving forward
thank you. Contact: Josina Vink
Questions? Josina Vink Research Analyst, SHS Consulting