Social Impact BlogShowing posts in Social Impact & Community Needs
Starting today and continuing through August 15 we will be rolling out the exciting changes to the Center for Social Enterprise Development. Today you are receiving our first blog under our new name, SocialVentures. Our new website www.socialventurescbus.com will go live August 15. There you will see many valuable new features such as the social […]
The national average of infant mortality is 5.82 deaths annually for every 1,000 live births. In Franklinton, the rate currently hovers between 17 and 21. Ohio’s 2015 statistics reveal an alarming disparity; 15 Non-Hispanic Black babies died per 1,000, compared to 5.5 Caucasian. Reducing these staggering statistics became the impetus behind the launch of social enterprise Bottoms Up Coffee Co-op, Franklinton’s coffee shop and co-working space, where delicious empanadas and coffee are served with a cause.
The Center for Social Enterprise Development (CSED) and The Ohio State University Max M. Fisher College of Business have partnered to match local social entrepreneurs with undergraduate business students for a Lean Six Sigma development initiative. This is the third semester of the partnership, in which students apply business operations management skills to benefit organizations in a real-world setting.
Impact measurement has the potential to be a powerful marketing tool for social enterprises and nonprofits but recent interviews reveal a preference for stories as validation of the “social” value of social enterprises and nonprofits.
As we learn more about what works in fostering more entrepreneurship, here are a number of recent lessons for economic development officials, grant-makers, investors, and entrepreneurs that can help Central Ohio continue to develop a thriving environment for new businesses.
There is a flood of worry among nonprofits about where federal funding may go and whether there may be changes in the tax laws that would diminish the incentive for charitable giving. Nonprofits have needed to have a backup plan for sustaining their mission long before 2017.
One of the biggest challenges in conceptualizing a profitable business by a nonprofit is the distinction between wants and needs. Having 501c3 status makes resolution of this dilemma not straightforward.
Here are six ways you can make yourself more impactful in the coming months: volunteering, consumer purchases, company purchases, lending, investing, donating.
I view the recently released benchmarking report on Central Ohio as a call to action to make social enterprise the focus of local economic development in contrast with the conventional development approach of million-dollar concessions to large or hi-tech companies.
When you think about how you can give back to the community, continue to make charitable contributions and volunteer your time. But in the coming year, consider channeling some of your everyday purchases to support a cause you believe in. I call it #Shopsocial.