creating a campus-based social innovation ecosystem …€¦ · 23/11/2012 · creating a...
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CREATING A CAMPUS-BASED
SOCIAL INNOVATION ECOSYSTEM
GLOBAL MODELS// LOCAL CASE STUDY
James Halliday (Koç University)
November 23, 2012
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Why is the university an ideal setting for
social innovation to flourish?
Social Innovation – On Campus
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Matching Mission & Values
Universities – in particular, foundation universities –
are themselves social enterprises.
Foundations – through the work of their endowments –
can be first-mover impact investors.
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Blended Value Proposition:
1) Multiple Revenue Streams
2) Beneficiaries & Customers
3) Demonstrable Social Impact
4) Mission & Values at the Strategic Core
5) Impact-driven Investment
(Program-related Investment, or PRI)
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Learn & Localize
Global Examples
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CAMPUS Y
(UNC –
Chapel Hill)
1)Workspace
2)Funding
3)Capacity
4)Expertise
5)Partners
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CAMPUS Y
(UNC –
Chapel Hill)
From Innovation to Impact In January 2012 a selection team of social innovation and
entrepreneurship experts from UNC-Chapel Hill and the broader
community evaluated 17 teams competing for seed capital,
dedicated workspace and equipment, capacity-building
workshops, and expert coaching services. Two for-profit and
two non-profit teams were chosen as the
Incubator's first full-time residents, qualifying them
for $15,000 in seed capital to be disbursed over
their 18-24 month incubation period.
In the Social Innovation Incubator's first semester (Spring 2012), the
Campus Y held workshops on legal and financial liability, non-
profit incorporation, organizational messaging, strategic business
planning, board development, grant writing and marketing that
were also open and promoted to a campus-wide audience.
Incubator startup teams and aspiring UNC social
entrepreneurs were able to leverage the expertise
of leading social enterprise CEOs, renowned
global philanthropists, and distinguished UNC
alumni and professors.
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Social Innovation Incubator
The SII offers two incubation programs:
Vector Program members receive tailored, one-on-one consulting, access to
advisors, and discounts on services and events. The Vector Program is focused on
social enterprises with an established business model that are currently generating
revenue and/or hold significant, proven IP. Membership is by invitation only.
Circuit Program members move through a six-month incubation program together.
Small group meetings every other week alternate between workshops delivered
by local experts and facilitated peer-mentoring sessions. The program uses the
Lean Startup methodology, Business Model Canvas, and customer discovery
process to guide development of successful social enterprises. Those who
successfully complete the program are invited to participate in the Social
Innovation Expo and Demo Day (formerly Pitch Fest) in June
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"The most incredible part of the journey
was being in the field with the people
of India and seeing social impact take
shape. No classroom alone could offer
this kind of inspiring and humbling
experience."
Find Local Applications from a World of Ideas
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1) Institutional & Discovery Partners – in Silicon Valley
2) Vast Mentor Network
3) In-residence “boot camp” – on SCU campus
4) Business plan development & presentation skills training
5) Connecting GSBI enterprises to impact investor networks
6) Grants & Fellowships
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Top-level coaching for selected entrepreneurs
• a senior expert in social entrepreneurship;
• special advisors (tax, finance, strategy);
• students and alumni of the Social Entrepreneurship Chair at ESSEC;
• group training on all key issues related to the development of social
enterprises.
Leading social enterprises
As the Rothschild-Antropia Program identifies only the best in what is available
in the “social market” for scaling-up, it has defined strict selection criteria,
including:
• significant and demonstrable social impact
• a proven track-record in revenue-generation
• outstanding potential for development and/or expansion
• effective contribution to Social Return on Investment (SROI)
Rothschild Foundation Support –
Program-related Investor
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The Experiment Fund @ Harvard
The Rise of the
Student-Entrepreneur
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Pieces of the Puzzle
Emerging Social Innovation Ecosystem
@ Koç University
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Engagement Menu: Pipeline & Projects
1) International social venture competitions
1) Global Social Venture Competition (GSVC)
2) Hult Prize
2) KU Global Aid – service learning initiative
3) KU – Sarıyer Muncipality “collab”
4) KU Social Impact Forum (KUSİF)
5) KU Entrepreneurship Center
6) Kampüs Kapital
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Global Social Venture Competition
- Largest student-organized social
venture competition in the world
-Koç University selected as
Outreach Partner for the reigon in
2011
-Mentor matching, info sessions, &
interactive workshops
- 2 teams from Turkey / region
advance to London Business School
for Regional Finals, with the chance
to win 50.000 USD at Global Finals
at Haas/Berkeley
gsvc.ku.edu.tr
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Hult Prize 2013
THEME: Global Food Crisis
- Co-sponsored by the Clinton
Global Initiative – 1M USD startup
capital for winning social venture
-Koç University fielding a selection
of interdisciplinary teams
- Close faculty-student cooperation
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KU Global Aid Service Learning in Turkey & the Region
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KU – Sarıyer Municipality “Collab”
http://www.sariyer.bel.tr/Mudurluk/18/Proje/1446/sariyer-belediyesi-ve-koc-
universitesi-gucbirligi.aspx
“Enterprise Solutions for Local Development: Social Entrepreneurship in Context
Goals:
1) Awareness raising about
ways entrepreneurship can
target both local
development and societal
challenges
2) Outline the opportunities in
the municipality where both
sides can collaborate on
results-oriented projects
3) Build social venture teams
ready to submit an Executive
Summary to the GSVC
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KU Social Impact Forum (KUSİF)
Creating, measuring and communicating social impact
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KU Sustainable Campus: A Holistic Approach
Management
• Resources use such as energy, water, and renewable resources
• Waste, recycling and institutional carbon emissions
• Transport
• Procurement
• Sustainable campus development – housing and buildings and as well as landscape.
Research
• Research and grants on sustainability topics
Education
• Curriculam Development relevant to sustainability issues
Other supporting activities to be a
sustainable campus
• Guidance on sustainabilty related objectives
• Community engagement
• Implementation of sustainability policies and efforts
• Corporate governance
• Implementation of sustainability policies and efforts
• Awareness raising and communication activities
Highlights: Green IT, Carbon emission reduction goals for 2023, water & air quality monitoring
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KU Entrepreneurship Center
9 Focal Areas:
1) High-tech entrepreneurship
2) Web & Mobile app, E-commerce entrepreneurship
3) Social Entrepreneurship
4) Women Entrepreneurs
5) Business models & entrepreneurial strategy
6) Corporate Entrepreneurship
7) Open innovation, licensing, crowd-sourcing, R&D alliances etc.
8) Entrepreneurial finance, venture capitalists, angel investors, IPOs.
9) IP & legal issues
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Kampüs Kapital
Why 2K? Investing in the Social Innovation Ecosystem
at Koç University
Establishment of an innovation fund that will provide seed capital for
for targeted sectors or themes
For 2013:
We have made the first allocation of 15.000 TL – to be disbursed
to a selected enterprise incubated at KU.
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THANK YOU.
James Halliday