tcse presentation
DESCRIPTION
TRANSCRIPT
Unlocking Social Innovation and Impact Investing in Tunisia
Tunisian Center for Social Entrepreneurship
Tunisia: a challenging social and economic context
24,7% of the society live under the poverty line** National Center of statistics.
1 million Tunisians will be unemployed by the end of 2011*•UTICA
Young graduates are left without opportunities
Central and southern regions are the most deprived.
Social Entrepreneurship: one important part of the solution
Tunisian Center for Social Entrepreneurship
Social Entrepreneurship and Impact Investing
Social Entreprise
“ Business is about problem-solving, but it does not always have to be about
maximizing profit. When I went into business, my interest was to figure out how to
solve problems I see in front of me. That's why I looked at the poverty issue. So you can
also have social objectives. Ask yourself these questions: Who are you? What kind of
world do you want?” Muhammad Yunus
For a social entrepreneur, social
impact is - at least - as important as
the financial return
Social development
« Normal » Enterprise
Financial gain
Tunisian Center for Social Entrepreneurship
Social Entrepreneurship and Impact Investing
A social entrepreneur builds a company or a non-profit organization
to implement innovations that meet the social needs of his
community ;
Social entrepreneurship is gaining increasing momentum and interest
all around the world:
Increasingly, investors are investing in social for-profit companies in
emerging markets to generate positive impact in sectors like
education, health and access to finance;
Social entrepreneurship and impact investing is still not developed in
Tunisia…while other success stories exist throughout the world
Tunisian Center for Social Entrepreneurship
Social Enterprises around the World…
Below are some examples of social businesses in Africa and India:
• Trashy Bag : The social enterprise clears trash from the streets of
Ghana by employing 60 people who turn the trash into useful and
attractive bags for sale locally and for export.
• Komaza : KOMAZA works to unlock the economic potential of tree
farming to generate life-changing income for rural families living in
absolute poverty. It generates unprecedented income for rural
families by planting Eucalyptus as a high-value cash crop.
• Spring Health : In India, this company designed a system to clean
the water. It franchises it to “micro-entrepreneurs” who use the
system to sell drinking water in the villages. This business model
generate revenues both to the company and the micro-
entrepreneurs, while providing cheap drinking water
Tunisian Center for Social Entrepreneurship
Our vision:
“Bringing entrepreneurs and investors together to implement sustainable and market-
based urgent solutions to social issues in Tunsia and the Mediterranean area”
Our Organization: A Focus on Social
Entrepreneurship and Impact Investing in Tunisia
Raise awareness about social
entrepreneurship and impact investing in
Tunisia
Organize trainings and projects with
international social entrepreneurs
Identify, incubate and support social
businesses in Tunisia
Connect international social and impact
investors with social start-ups and various stakeholders in Tunisia.
Tunisian Center for Social Entrepreneurship
How does our Center differentiate itself?
Social Entrepreneurship Niche:
We will focus on
entrepreneurial initiatives with
high social and environmental
impact;
We will leverage the
international interest for
responsible and impact investing;
We will connect with
international social
entrepreneurship networks like
Ashoka and Synergos
Several differentiators:
Presence in Tunisia, Europe and
US
Expertise: We come from
financial services, business
consulting, and social incubation
backgrounds
Network: Through our
experience in Europe, US and the
Arab World, we have built
contacts and strong relationships
with various actors in the social
entrepreneurship and impact
investing sector
Tunisian Center for Social Entrepreneurship
Current Activities
Our team, in partnership with JCI Manouba and ENDA, organized the first
social business competition in Tunisia; helping15 young graduates identify
social problems in their community and articulate revenue-generating
solutions. We also participated in several local and international
conferences such as Ashoka 30th anniversary in Frande (June 2011), the
Diapora forum in Tunis (Septembre 2011) in Tunis and the Harambe
gathering in Rome (August 2011) and the Social Business Strat-up Week-
End in Paris (November 2011)
In 2012, with the help of our new partners, we have been working
successfully on the following major programs and activities
Tunisian Center for Social Entrepreneurship
The TCSE Fellowship 2012
At our center, we believe that engaging young talents is a necessary
condition for promoting and developing social entrepreneurship in Tunisia.
Starting February 2012, we reviewed dozens of applications and
interviewed interested candidates for our first fellowship program. The
experience has been a huge success with about twenty talented and
enthusiastic fellows supporting the center’s activities and contributing to
various events and initiatives!
Tunisian Center for Social Entrepreneurship
“I am a Social Entrepreneur "Campaign
The Tunisian Center for Social Entrepreneurship, with the support of its
partners, launched the first awareness raising campaign about social
entrepreneurship in Tunisia in March 2012.
Posters picturing social entrepreneurs from all around the world was
displayed in universities and entrepreneurship organizations across Tunisia.
The TCSE team engaged discussions and debates with students and
potential social entrepreneurs about successful social entrepreneurs abroad
and potential social business models that we can adapt to locals issues.
Tunisian Center for Social Entrepreneurship
Social Innovation Tour 2012
We also organized various workshop in eight universities across the country
(Monastir, Sfax, Mahdia etc.). The main objective was to engage students in the
identification of their local social issues: what are the most urgent ones? What
should we focus on? Why? More than 200 young graduates and professionals
attended our meetings. Another objective was to establish a mapping of the
most urgent challenges in the country, as major inputs for any social
entrepreneurship strategy
Tunisian Center for Social Entrepreneurship
First Round Table about Social Entrepreneurship in Tunisia!
Beyond raising awareness and helping develop new social start-ups, our center is also
dedicated to reflect on how to engage policy makers and researchers in the
development process of social entrepreneurship in Tunisia:
What definition of SE to adopt in Tunisia?
How to regulate it?
What are the appropriate legal and fiscal reforms to implement?
What sort of funding should be available for Tunisian social entrepreneurs?
We organized the first round table on the subject in Tunisia with more than 40
attendees from various ministries and prestigious organizations such as the GIZ, the
UNDP and the African Development Bank
Tunisian Center for Social Entrepreneurship
What is next?
Social Innovation Labs 2012: After mapping urgent social needs in the regions,
participants have to find innovative market based solutions for each social issue, 15 regions
are in the programme. (April 2012)
Social Business Competition 2012: After our first competition in partnership with JCI in
2011, we renew the experience to identify and support a new class of social entrepreneurs!
(June 2012)
Incubation platform: As an obvious arm of our social entrepreneurship development, we
are working on the appropriate partnerships with existing incubators and coaches to support
the competition winners in starting up their endeavor.
Social Impact Investing Conference: As a follow up to our first SE roundtable, we plan to
invite speakers from other Arab and European countries to reflect on the appropriate
ecosystem for an emerging social entrepreneurship sector in Tunisia, particularly on the
financing and investing levels
SE internship Program: We plan to secure partnerships with 10-20 social enterprises in the
Arab world/Europe/Africa to host and collaborate with graduate interns from Tunisia
Tunisian Center for Social Entrepreneurship
Beyond the core programs, the center aims to
become a crucial player and the driver of social
entrepreneurship development in Tunisia. Our role is
also to raise issues related to financing social
businesses in Tunisia and encourage large-scale
initiatives and models …
Tunisian Center for Social Entrepreneurship
Driving SE research and advocacy in Tunisia
Our center aims to:
Develop partnership with local and international research centers and
universities;
Adapt successful social business models to the Tunisian context;
Promote social business models in Tunisia and encourage them;
Introduce and design new social micro-franchises in Tunisia;
Advocate social entrepreneurship to create new legal status and encourage
public-private partnership;
Publish articles related to social issues and market-based solutions to social
needs in Tunisia;
Develop social impact measures adapted to local issues
Tunisian Center for Social Entrepreneurship
Financing social entrepreneurs in Tunisia
Social businesses usually present a risky profile and have specific financial
needs and requirements. Our center aims to help develop the ecosystem of
financing social enterprises in Tunisia.
Intermediating between social businesses in Tunisia and international social impact funds
Enforcing transparency by setting rigorous measures of financial and social returns
Contributing the development of adapted financial vehicles to social enterprises in Tunisia
Toward an impact fund in Tunisia?
As a center, we can consider the creation of the first impact investment fund in Tunisia. Our
strategy would be to invest 50% of the fund in social businesses in Tunisia. The rest would
be invested in safe assets and would hedge exchange rate risks.
We would also leverage co-investing with private companies and public funds, and would
advocate the creation of a guarantee fund to recover any potential losses in this new
sector
Tunisian Center for Social Entrepreneurship
Micro-franchising in Tunisia: Bigger scale impact
Education & Identification: Collect new replicable ideas through our events, competitions and partners
R&D: Adapt micro-franchise models and ideas to the tunisian context and social needs
Execution & Incubation: Identify appropriate entrepreneurs and support their new enterprises
Microfranchising is broadly defined as small businesses that can easily be replicated by
following proven marketing and operational concepts. The overall objective of
microfranchising is to promote economic development by developing sound business models
that can be replicated by entrepreneurs at the base of the socio-economic pyramid.
We aim to contribute to the development of this proven source of job creation in Tunisia
through:
Tunisian Center for Social Entrepreneurship
Founding Team
Hatem Mahbouli is currently pursuing his
MBA at Georgetown University. After 3
years of consulting at Accenture, he has
been involved in several projects to develop
and promote impact investing and social
entrepreneurship with leading funds and
organizations such as Grassroots Business
Fund and Ashoka Global
Email: [email protected]
Sarah Toumi is currently studying at
Sorbonne University in Paris. She is
involved in various entrepreneurship and
non-profit initiatives . She also is the
founder and president of DREAM, a social
incubator in Paris
Email: [email protected]
Anis Fnaich is the president of the Students
for Social Entrepreneurship Federation in
Paris. While studying business at EDHEC,
he is working at a leading impact
investment fund (Amundi)
Email: [email protected]
After starting various initiatives about CSR
as the president of JCI Manouba, Asma
Mansour has been involved in various
projects to raise awareness about
citizenships, human rights and
environmental issues in the post-revolution
Tunisia. She is now coordinating the
center’s activities and partnerships
Email:[email protected]
Tunisian Center for Social Entrepreneurship
How to Engage?Funding
• Sponsor our projects such as the exchange program or the social business incubations
• Provide space for our various activities
Expertise and Advisory
• Join our Social Entrepreneurship Circle to support new social entrepreneurs
• Contribute as a member of our various “Task Forces” to reflect on new legislation , ecosystem and new financial vehicles for social entrepreneurs
Connecting
• Connect us with your organization
• Introduce us to potential mentors and speakers
Tunisian Center for Social Entrepreneurship
Our Partners
MakeSense is an open project which challenges people for social
business. It develops itself thanks to a Gang of Social Business
activists from all around the world who are joining us for two
purposes : 1. source the challenges of Social Entrepreneurs and
2.Get people together worldwide so that they take up and solve
those challenges. http://we.makesense.org
The Friedrich Naumann Foundation for Liberty is an
independent, nonprofit, nongovernmental organization
committed to promoting citizenship education
http://www.africa.fnst-freiheit.org/
Incubator of sustainable and for-profit projects with social
impact in France. It is hosted by Sorbonne University
http://www.dream-asso.org
Tunisian Center for Social Entrepreneurship
Unlocking Social Innovation and Impact Investing in Tunisia
Thank you for your support! You can contact us on: [email protected]
Tunisian Center for Social Entrepreneurship
Appendix 1:Our Social Entrepreneurs Class 2011
We started our activities in June 2011. As a first step toward educating about social
entrepreneurship and identifying innovative models in Tunisia, we set a social business
competition. It allowed us to connect with many motivated young entrepreneurs with
promising ideas. We asked three of them to introduce themselves and their projects :
Tunisian Center for Social Entrepreneurship
Acacia Water for All!Sarah Toumi
“I have been involved since I am 11 in international NGOs projects
in Middle East and Tunisia, highly encouraged by parent with
great social awareness . During my studies in France, I’ve been
working for TakingITGlobal, the international youth network, and
have been trained by Ashoka on Social Entrepreneurship as I won
the Ashoka Youth Staples competition for the project Acacia Water
for all ! I have been really anxious to export this impact and
knowledge to Tunisia, but the government of that time was a huge
obstacle. My frustration has been big until revolution happened !
Then, I reloaded my project : Acacia Water for all ! I have had
this idea of project for 6 years and I will finally start it in 2012,
with the help of the Social Entreprenership Center ! This project
aims to stop desertification in the South of Tunisia, and in the same
time creating jobs in rural areas and develop a new economy
based on the sell of trees for big companies wanting to
compensate their ecological footprint. I eventually created my
own non-profit organisation in 2008: DREAM. DREAM is a youth-
led NGO that aims to promote youth voices around the world and
help them meet, share, and create social entrepreneurship and
non-profit projects.”
Tunisian Center for Social Entrepreneurship
Center for Single Mothers – « SOS Meres Celibataires »Mounia Medimegh
“I am a young midwife in Tunis. As I'm working at the public
hospital, I have seen a lot cases of desperate single mothers.
That's why I decided to do something, and social business was a
good way to act in a sustainable way. My project idea is the
reintegration of single mothers victims of discrimination in the
Tunisian society. Since religion and Arab-Muslim culture
disapprove all reproductions out of holy matrimony, these women
need moral support and social recognition so they can restart their
lives, keep their children and go back on a safe road for their
future and the future of their children. So I would like to open a
house to welcome these women and their child(ren) where they can
get all the support they need (medicine, education, trainings…). I
met the Social entrepreneurship Center and they helped me
develop my idea. Thanks to them, I get enough strength to continue
my project and I realized a marketing study in my city and with
single mothers I met at the hospital. I'm now trying to realize it. ”
Tunisian Center for Social Entrepreneurship
Oil RecyclingBilel Hamzaoui
“I am a young engineer in the field of environment and during my
studies, I developed a process to convert cooking oil to gasoline
tractor. It is an ingenious way to recycle this pollutant oil and in the
same way helping farmers to get an oil for a very low price. I was
motivated to work on that project because Tunisia is a big
producer of oil, and also a big consumer, and the oil is often
thrown in the environment because there is no recycling
treatment/system. In the same time, farmers are facing high prices
and as you may know it, we haven't seen the rain for 5 years now
in the center and south of Tunisia, so it is a big challenge for
farmers to sustain their activities and living of it. With my project,
these farmers will gain money, and our environement will be
healthier ”
Tunisian Center for Social Entrepreneurship
AssociaNetAbdelmajid Zahmoul
“I am young software engineer, involved in several NGOs and
I realized we have got two main problems : funding and
partnership ! Tunisian are known for their abilities to use social
network...some even said we realized a revolution 2.0 thanks
to social networks. My project is quite a revolution for Tunisian
NGOs : I will create an online platform that aims to connect
NGOs with enterprises and private donators who want to
give funds to a project, and to connect NGOs together to
realize sustainable and national projects. This platform will
also organize every year a national event to connect "real"
persons composing NGOs and enterprises. With my project, I
hope to help structuring the civil society and the development
of new organizations in my country.”
Tunisian Center for Social Entrepreneurship
Appendix 2: Our social entrepreneurs 2012?
Below are some examples of what might our future social entrepreneurs do in
Tunisia (fictional):
Rached is starting Dev-Maghreb to
offer development, consulting and
financial assistance to associations in
Tunisia, Algeria and Morocco. The
services of his for-profit company
also include training and partnership
building with development
organizations in the US, Asia and
Europe.
Alia is the owner of Artisanes, a
company that manufactures and
exports handcrafted bags and
jewelry , with “fair trade”
certification, exclusively employing
women from disadvantaged areas,
from where the Tunisian revolution
started.
Ahmed needs funds to start scaling
up his Zitlamp, a prototype that
converts waste from olive oil factories
into a powerful source of clean
energy.
Jamila is requesting financial support
to establish Transparency Desk, the
first online advisory firm in Tunisia
that is dedicated to corruption
fighting and bribery reporting.
Tunisian Center for Social Entrepreneurship
Appendix 3: Social Entrepreneurship &
Business Schools
Harvard Business School“The Social Enterprise Initiative at HBS applies innovative business practices and managerial disciplines
to drive sustained, high-impact social change. It's grounded in the mission of Harvard Business School
and aims to inspire, educate, and support leaders who make a difference in the world”
Georgetown University Business School“The Global Social Enterprise Initiative prepares current and future leaders to make responsible
management decisions that create both economic and social value. It will engage corporate, nonprofit,
government, and other stakeholders to advance the understanding of social enterprise. “
Stanford Graduate Business School“The Social Innovation Center brings together the best people, organizations, and ideas from the
worlds of nonprofits, business, and government. Our participants: lead corporate efforts to improve
ethical and sustainable practices, manage nonprofits through strategic growth and launch social
enterprises that bring life-changing solutions such as loans to small businesses and safe lighting to the
world’s poorest places.”
Social Entrepreneurship is gaining high interest from prestigious business schools
Tunisian Center for Social Entrepreneurship
Appendix 4: Governance
Our organisation
Advisory Board
Social
Entrepreneurship
Circle and TCSE
Fellows
Partners
Entrepreneurs
Students and young
professionals
Main beneficiaries
Support and implementation
Tunisian Center for Social Entrepreneurship
Structure Role
Advisory board The Advisory Board will be in charge of monitoring our
activities, providing the organization with relevant
guidelines and helpful contacts, and contributing to the
design of the strategy and the discussion of crucial issues.
The Advisory board meet three times a year.
Partners Partnerships are very crucial in promoting social
entrepreneurship, through common projects and events.
Partners include established social enterprises, business
schools, social investors etc.
Social Entrepreneurship
Circle and TCSE Fellows
They add unique value through supporting the activities of
the incubator and the mentoring of the young social
entrepreneurs
The team Our dynamic team is in charge of fundraising, designing
the strategy , leading the projects, securing new
partnerships and coordinating the overall effort of the
structures concerned( coaches, boards etc.)
Appendix 5: Governance