Social Impact BlogShowing posts by Allen Proctor
Alvis Inc., a nonprofit recognized in 2017 by The Columbus Foundation as a “nonprofit to watch,” provides programs and services to help those who have become involved in the justice system, care for those in need of substance abuse treatment, and enhance the independence of those with challenging developmental disabilities. Knowing that job training means […]
Talking about social enterprise and social impact is getting confusing because the words are being used to apply to any business that is good. We define social enterprises as businesses that intentionally integrate social impact as a non-negotiable component of their business model through the people they employ or the social missions they support
Pearl Interactive Network operates, staffs, or manages call centers for Federal agencies and prime contractors. It gives hiring priority to skilled and talented disabled veterans, veterans, military spouses, and the disabled. When Merry Korn founded Pearl Interactive network in 2004 as a for-profit social enterprise, the concept of basing a for-profit business on the creation […]
Two recent studies highlight the generational gap which social entrepreneurs face. Demand for social enterprises’ goods and services is concentrated in the millennial generation while the capital to build their businesses is concentrated in the baby boom generation.
Last night Central Ohio celebrated innovation and entrepreneurship in the nonprofit sector at SocialVentures’ Nonprofit Sustainability Showcase. Five nonprofits presented their plans for new social enterprises and joined nine other nonprofit-owned social enterprises in a Showcase for 140 members of the community to learn about their products and services and how every purchase they make can create social impact.
Nonprofits who start social enterprises are smart. They recognize the reality that philanthropy has been at capacity for years. The Nonprofit Sustainability Showcase will highlight pitches by five newly-launching nonprofit-owned social enterprises: Center for Balanced Living, Equality Ohio, Rebuilding Together, US Together, and YMCA.
The judges for our recent social enterprise awards program were drawn to those social enterprises that excelled in the transparency and public representation of their social impact. This facet of their work merits recognition because too many social enterprises tell a very weak story about their social impact or fail to tell the impact story at all.
I believe there is a case to be made for well-established businesses to view supporting social enterprises as an effective complement to their existing civic engagement.
As everyone prepares for a well-deserved Labor Day weekend break, I am truly grateful for all the remarkably good businesses that intentionally integrate social impact as a non-negotiable component of their business model. They embody the positive virtues of business. In that vein I would like to repeat Ghandi’s Seven Dangers to Human Virtue in hopes they may […]
When we talk with social entrepreneurs, they often say capital is what they most need. Further discussion reveals they most need good advice and feedback. SocialVentures just announced several new ways to get that advice.