Ownership and equity in business is a crucial question for social enterprises. Cake, supporting businesses.
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Ownership and equity in business is a crucial question for social enterprises. Cake, supporting businesses.

Again a promising start-up supporting businesses. Ownership and equity in business is a crucial question for start-ups and social enterprises, too. Cake. is also a start-up that makes equity easy for you. They offer template designed ESOPs, which can be individually altered to suit your specific needs – in minutes.

An Employee Share Option Plan (ESOP) is a method of granting equity in a business to an employee over a period of time.

It really is as simple as it sounds – the employee receives options (or rights) to be granted real shares in the business, as long as they comply with the rules of the ESOP (Plan Rules).

 

cake
What are the benefits of an Employee Share Option Plan?
– Incentivse your team with equity so they feel they also benefit from the growth of the company and become more invested in your vision.
– Retain your best employees with ‘time-based vesting options’ which means they need to stay for a certain amount of time so they can earn their options
– Recruit the best talent to your company by giving them skin in the game and allows you to compete with larger companies able to pay big salaries.
– Your ESOP can be customised to your companies needs.
Find out more information on the Employee Share Option Plan and many more useful services of Cake. :
Website: https://cakeequity.com

Facebook: https://www.facebook.com/CakeEquity

Instagram: https://www.instagram.com/cakeequity

Twitter: https://twitter.com/cakeequity

LinkedIn: https://www.linkedin.com/company/cake-equity/

Source: seconsultation.com

How social entrepreneurship helps to educate the world?
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How social entrepreneurship helps to educate the world?

How do social entrepreneurs and the projects they create impact the world at large?

Maximillian Goetz, founder of the non-profit organization Robotics for All, discusses his experiences with social entrepreneurship and the real-world impacts he has witnessed firsthand. Maximilian Goetz is a first-year student at Georgetown University’s McDonough School of Business. In April 2017, he founded Robotics for All when he was a high school freshman at Henry. M Gunn High School in Palo Alto, CA. He built Robotics for All from the ground up, teaching its first classes and eventually expanding it into a national 501(c)(3) nonprofit organization. In addition to Robotics for All, Maximilian is a pro-bono nonprofit consultant for three student organizations, a tour guide for Georgetown’s Blue and Gray tour guide association, and an online English teacher to students in China. In the past, Maximilian served as a student advisor to Congresswoman Anna Eshoo, a lead legislative aide to Councilman Greg Tanaka, and was a member of the Palo Alto Youth Council. Maximilian has served over 3,000 community service hours since his freshman year of high school and is honored to be a two-time President’s Gold Community Service Award recipient. This talk was given at a TEDx event using the TED conference format but independently organized by a local community.

[embedyt] https://www.youtube.com/watch?v=cET6kV83tO8[/embedyt]

 

Source: https://www.ted.com/tedx

POKAŻ MNIEJ

The Organisation for Economic Co-operation and Development (OECD)
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The Organisation for Economic Co-operation and Development (OECD)

The Organisation for Economic Co-operation and Development (OECD) is an international organisation that works to build better policies for better lives. Our goal is to shape policies that foster prosperity, equality, opportunity and well-being for all. We draw on 60 years of experience and insights to better prepare the world of tomorrow.

Together with governments, policy makers and citizens, we work on establishing evidence-based international standards and finding solutions to a range of social, economic and environmental challenges. From improving economic performance and creating jobs to fostering strong education and fighting international tax evasion, we provide a unique forum and knowledge hub for data and analysis, exchange of experiences, best-practice sharing, and advice on public policies and international standard-setting.

Find out more about how to OECD can supports you both nationally and globally: http://www.oecd.org/about/

 

IKEA Social Entrepreneurship
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IKEA Social Entrepreneurship

You all have probably heard of IKEA – a Swedish home furnishings company and world’s largest furniture retailer since 2008.  But did you know IKEA backs and boosts social entrepreneurs all over the world?

IKEA has long since had the vision to create a better everyday life for as many people as possible. Back in 2012, the company looked at how to achieve this by including products and services from social entrepreneurs in its offer. These first collaborations resulted in over 100 jobs created. Today, these business partnerships contribute to over 20,000 jobs and incomes.
Building on the success, IKEA looked to support programmes that accelerate the movement of social entrepreneurship in general. By supporting social enterprises with a vision to create a more inclusive and equal society, IKEA hopes to have a positive impact on people’s livelihoods. At the same time, the company is continuing to look for new and innovative partnerships that will offer IKEA customers unique handmade collections and services.

By boosting social entrepreneurs all over the world, IKEA gets to be a part of creating new opportunities for vulnerable people and communities – while fighting the root causes of poverty and inequality.

[embedyt] https://www.youtube.com/watch?v=28t-AD3vCEY[/embedyt]

 

“Since 2012, IKEA has been collaborating with social businesses – pioneers with the ambition to create business that is ethical in all dimensions. This is the story of business done differently, which aims to create 95,000 jobs that positively impact 500,000 lives. And that’s just the beginning.

IKEA social entrepreneurship is a program that started with the vision of honouring unique skills and competences and gives them a global platform to stand on – resulting in better lives for those who need it most. This has been accomplished by partnering with enterprises that produce products and services that in turn empower people who struggle to provide for themselves and their loved ones. The result is financial independence and life-changing opportunities for families and communities; with improved health care, education and gender empowerment.

IKEA has high standards for all suppliers through something called IWAY. IWAY sets social and environmental requirements for all IKEA suppliers; making sure that people are well treated, resources are protected, and workspaces are healthy and safe. A social business meets these standards, but chooses to go beyond IWAY to reach people furthest from the job market.

Focus areas

By focusing on inclusion, equality and livelihood IKEA enables a better everyday life for people who struggle to provide for themselves and their families. To achieve this, every project the company engages in should address and positively affect one or all of these three areas.
  • Inclusion

    Supporting social entrepreneurs who strive to improve the terms on which individuals and groups take part in society. This involves providing jobs, incomes, capabilities and tools to those who are vulnerable and marginalised irrespective of their individual or group characteristics.

  • Equality

    Working with social entrepreneurs who look to make society more equal in terms of income, status, rights and opportunity. This involves supporting individuals or groups, but also changing systems, with a view to allow people to earn a decent and sustainable living.

  • Livelihood

    Ultimately aiming to lift people out of poverty by having the opportunity to earn a decent living. With increased inclusion and equality comes a better chance of a dignified life, where people have the possibility to provide for themselves and their families in a sustainable way.

How we work - woman with basket

 

Partnerships that inspires change

IKEA’s work is about inspiring and engaging others to make a change. It’s a collaboration between the company, civil society organisations and social entrepreneurs. By doing business with social entrepreneurs and giving them access to IKEA’s supply chain, the company also creates real and sustainable opportunities. To highlight the equal partnering, it focuses on mutual learning and build on each other’s strengths. They look at how to use their knowledge and experience to help social entrepreneurs grow and have a bigger impact.
  • Through real business

    Partnering with social entrepreneurs at a business level, IKEA designs and produces products and services that are sold and offered at IKEA stores worldwide. It is a win-win situation with high quality products manufactured and vulnerable peoples lives changed through the jobs created.

  • IKEA co-worker engagement

    What’s really unique about IKEA is how it uses colleagues as a resource. Their involvement ranges from operational support for social entrepreneurs who make products for IKEA, to strategic development for the ones that don’t provide products or services for IKEA. At the same time, it gives IKEA the opportunity to learn how to become more circular, sustainable and entrepreneurial in the business. It’s a relationship built on knowledge sharing, a mutual exchange of competences and inspiration.

  • Financial support to the partners

    Since the characteristics and needs of each social entrepreneur are different, IKEA will customize its financial support. This will be a choice between grants – without the demand for repayment or financial return -, loans and equity investments.”

Read more here: https://ikea.today/social-entrepreneurship/

Source: https://www.ikeasocialentrepreneurship.org/en

 

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This publication has been prepared within INDIGISE project. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.

Internship at Social Enterprise Estonia and moving towards a greener lifestyle.

Internship at Social Enterprise Estonia and moving towards a greener lifestyle.

Katerina-Chantzi-Social-Enterprise-Estonia-1536x864I am Katerina Chantzi and I am a social scientist. I am very excited to be an intern at Social Enterprise Estonia during my studies at Tallinn University in Social Entrepreneurship Master’s Programme. I started my internship in June 2020, a time when we were slightly starting to get out of our lockdown “caves” and looking for human interactions. All the colleagues that I was looking forward to meeting and working together in the same place became fascinating squares on my screen on a weekly basis full of creativity, interaction, knowledge and passion to find ways to make this world a better place.

I am very excited and proud of this internship, as my supervisor Helen Mikkov gave me the opportunity to utilise my previous experience and knowledge, encouraging me to discover new paths (by participating in Climate KIC Journey, get in contact with enterprises that are in the network etc.) that would help me to find out what contribution I would like to have in the world and make steps towards that. In the meanwhile, I am running my company, called BinFree, where we offer recycle pick up services in Estonia to facilitate the recycling process for consumers and recycling companies by measuring the environmental impact of both and give practical information to move towards a greener lifestyle and give private consultations to companies and individuals to reduce their environmental impact in their daily life with little effort.

katerina_1

My experience from the education sector, my studies and actions in social policy in different countries,  in combination with my national culture (Greek) that taught me through its ancient literature and drama to live my life by keeping in mind my posthumous fame (“υστεροφημία”) and make decisions throughout my life keeping in mind how I would like to be remembered after I pass out from this life and considering their impact on myself, people around me and the environment around me during my life, made me realise that my mission in this life is to bring people together to act collectively, to help each other in order to increase theirs and other peoples’ happiness by increasing their quality of life. The COVID-19 outbreak is a great example of human responsiveness when in danger regardless of social differences (in front of a virus everyone is vulnerable regardless of social status and wealth), people got together, worked together and acted instantly, responsively and effectively in order to defeat the impending danger. How we respond to the main danger that is threatening us, was created by us and we still feed it, called climate change and how we can defeat it?

By having inefficient state mechanisms to solve social and environmental problems due to shortage of funding, as they considered as unproductive sectors to invest for economic growth due to the fact that they require an interdisciplinary approach, time, expertise, effort to give results and they reveal the vulnerabilities of the dominant social, economic, political system and a dominant neoliberal ideology that influences every sort of today’s policies and politics and has a big negative impact on society and the environment, as it creates short-term financial profits without considering the long term social and environmental impact, there is need to find solutions that protect life and not cold cotton, polymer or paper banknotes.

Social enterprises are a great response to the dominant economic system and its characteristics, as are more flexible in their operations, are social aim driven without losing their business character, are able to combine and bring together key actors from different sectors (either private or public) and try to make a change in the current system without breaking it but reshaping its core. I could characterise social enterprises as hybrid organisations that are born from social justice and economic growth and would lead us to the future of sustainability and long term by transforming the current economic system and push innovation and technology for social and environmental sustainability.

Climate change is a threat that we need to address as soon as possible, as we have very limited time to act and change our current economic system in terms of production, product design, product life cycle, world trade and product distribution, impact measurement in terms of societal and environmental footprint, resource management (materials and labour force), consumption patterns and social values regarding the way we consume. Social enterprises that are already active in the field of environmental sustainability, have a wide variety of opportunities to invade in those sub-systems and create innovative solutions. The decade 2020-2030 will be a transformative decade towards entrepreneurship and climate change and social enterprises need to take the lead on this, to promote social entrepreneurship, help the social groups that are mainly affected from climate change, either by directly employ them or offer them the possibility to develop relevant skills or by enhancing the current production and consumption system by intervening and creating innovative business models.

katerina_3

The main principle that social enterprises that work with environmental sustainability and climate change are that mainly they work with people that are not aware of the problem, are not experts and cannot relate with the problem and devote time to acknowledge the problem. There is no doubt that this creates a lot of obstacles, but at the same time is a great spectrum that can generate innovative solutions for how to educate, engage, motivate people to change their behaviour patterns, start thinking about their consumption habits and decisions, feel part of the problem and at the same time part of the solution by supporting social enterprises’ aims.

In parallel with that, social enterprises need to benefit from their flexibility, adaptability and expertise, and for their unique characteristic that they make a local impact with strengthening and empowering communities. In the post-COVID world (or even still COVID world) that everything takes place virtually, social enterprises need to connect with each other, communicate their aims, visions, missions and results and combine all these small incubators of social action in a big scheme that is accessible to everyone and introduce themselves to the world (besides their direct beneficiaries), create calls for action and show their overall impact. The more visible social enterprises are the bigger their influence and their impact and recognition.

Collaboration and communication need to happen not only among social enterprises but also with the businesses of the current system of production and consumption. Circular and sharing economy offers a range of possibilities and opportunities for social enterprises to discover and explore what can be created from waste, how logistics can have a less environmental impact and how the 5R’s (Refuse, Reduce, Reuse, Recycle, Rot) can be promoted, adapted and integrated as main practices in our daily lives, as mainstream practices. There is a need to strive from the “Take-make-use-waste” model to “take-make-use-reuse/repair/return/recycle” model and social enterprises have the flexibility to experiment in this transition by increasing the employability of certain social groups that contributes to social coherence, by raise awareness on these topics and present data and facts that people that are not familiar with the sector can relate with. For instance, investigate the environmental impact in terms of financial loss within the upcoming years for corporations.

To sum up, social enterprises cannot change the world alone, however, they can be the main actors in this transition and they need to create demand both to consumers and to providers/sellers/main actors in the current market. To achieve this successfully, they need to establish collaborations with stakeholders from the private, public and third sector, have a clear mission, engage people to their goal, explain the importance of what they do in ways that their target audience understands and have a great marketing strategy in place. National and international governments and organizations need to take some more steps forward and put in place besides financial indicators of growth (a great example is GDP), indicators of social growth. Sustainable Development Goals have achieved to have a common terminology around the globe for sustainable development and certain goals, but still, the call for action is at the discretion of the organization. Legal regulations, taxation and investment possibilities can promote initiatives that respond to climate change and environmental sustainability and offer incentives to social enterprises to increase their impact. COVID-19 world taught us that we can respond immediately and effectively for incidents that we consider as important. Let’s learn to act proactively, collaboratively, human-centred and with the responsibility to ourselves, live around us, our ancestors and our future generations.

©  2020 Sotsiaalsete Ettevõtete Võrgustik

This publication has been prepared within SENBS project No. 2020- 1-EE01-KA204-077999. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.

Connecting creativity and ecology in social commitment projects
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Connecting creativity and ecology in social commitment projects

MAMYWENE studio is an organization based in the grounds of the old shipyard in Gdańsk Poland, run by two energetic women. The studio specializes in ecological and participatory activities, creating social commitment projects and interesting workshops. It also helps with employee integration and implementation of the assumptions of corporate social responsibility.

mamywene logo

MAMYWENE aims at showing natural alternatives to cosmetics and cleaning products but also inspires to give products a second life through their creative usage and producing interesting, useful items.

In one of their social innovation projects I Pack to My Own, MAMYWENE encourages to replace disposable plastic packaging with their reusable counterparts by such activities like sewing shopping bags and conducting lectures. “Thanks to this, we reduce the amount of waste produced and we care for the environment, but also for our own health” says Alicja Żarkiewicz, MAMYWENE co-founder. The project received the patronage of “Gdańsk without plastic” which promotes ecological attitudes, taking care of nature but most of all reducing the amount of plastic used in everyday life.

fot. Małgorzata Walter

fot. Małgorzata Walter

MAMYWENE founders underline: “While working, we try to go beyond the schemes. That is why we combine education, creativity training and ecological approach in an interesting formula of fun and good time”.

fot. Natalia Zięba

fot. Natalia Zięba

The achievements of MAMYWENE studio were appreciated by IKEA, Energa, mBank, Radio Gdańsk, Pomorskie Science and Technology Park, Gdańsk Entrepreneurship Foundation, Provincial Fund for Environmental Protection and Water Management, European Solidarity Center, Institute of Urban Culture,  Centre for Ecological Information and Education and many institutions in the Tri-City.

The organization was distinct in Gdańsk City of Entrepreneurs competition in the category of Social Responsibility Business and got 1st place in the person category and the audience award in the Zero Waste Cups 2019 competition.

społeczna-odpowiedzialność-biznesu-wyróżnienie-MAMYWENE

fot. Przemysław Świderski

You can read more about MAMYWENE here.

We hope that the presented social businesses will encourage you to start your own social economy-related activity. If you wish to know more about our “InDigiSE” Erasmus+ project or you would like your social business initiative to be promoted on the website, just let us know. You can contact Euroregion Baltic Team or any other InDigiSE partner in your area https://socialenterprisebsr.net/partners/. To learn more about the project go here: http://www.eurobalt.org/indigise-project-adjusting-to-and-supporting-youth-on-socialenterprisebsr-net/

The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.

received_2563814793867341logo erasmus

Interesting business model from UrbanLab Gdynia

Interesting business model from UrbanLab Gdynia

 

UrbanLab Gdynia is a space. On one hand, it is a forum – a space of a dialogue and a discussion about the city – on the other? UrbanLab consists of actual rooms and places – a meeting hall, an office and a shared kitchen. Mixed together those two spaces create a brand new formula – the way of looking at the city and discussing it from the shared point of view starting with a diagnosis of common challenges and leading to a joint process of finding the best solutions.

Our efficiency depends on people – citizens of Gdynia, city’s representatives and officials. As UrbanLab we are cannot create solutions by ourselves. We are here to support and facilitate those groups by creating the best possible conditions for the social capital development and effective dialogue process. We are here to teach each other – our mission is to spread and improve civic education, promote the ability to change perspectives in order to see the same issue from others’ shoes. We can provide answers to questions asked by others, create tools for those eager to use them in order to improve the quality of life in the city. How are we doing all that? Come join us in the actual and inviting rooms of the UrbanLab Gdynia – the hall, the office and the open social kitchen.

fb.com/UrbanLabGdynia

Contact UrbanLab

(Al. Zwycięstwa 96/98)
Przemysław Górski
p.gorski@lis.gdynia.pl
urbanlab@lis.gdynia.pl
+48 58 727 39 16

Business model of sustainable knitwear company

Business model of sustainable knitwear company

A Lithuanian team behind sustainable hand made knitwear – The Knotty Ones decided to do their socially minded business by engaging low-income women across Lithuania.

Three young women founders of The Knotty Ones are big believers in shopping less, but better. They say that their mission is to celebrate quality garments that will last you for many seasons, hence focus on creating individual quality pieces rather than collections.

They source only natural and sustainable fabrics while incorporating better practices throughout their supply chain to make beautiful knitwear at a fraction of the environmental impact of fast fashion.

The company pays fairly for the work of their craftswomen. Most of them are stay at home moms often living in small cities and villages with limited sources of income. Each garment is signed by the name of the craftswoman that produced it.

Here is a video about the Knotty Ones:

https://vimeo.com/246608650

 

 

Organising Webinars: Tools and Use
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Organising Webinars: Tools and Use

Digital collaboration tools in general are characterised with huge variety of uses that helps enterprises, NGOs and public bodies, as well as teams to communicate effectively. Another part of success hides in ability to connect to the audience of entity, and the biggest challenge on the market of literary everything is choosing the right way to do so. Unfortunately, there is no formula for success, the only thing clear is that one must search, innovate, use creativity, diversity and follow the trends in effective communication with customers and stakeholders, which in particular have to be convenient for recipients.

In a time when every minute matters, webinars have become extremely popular, as they save money on travel, catering and venues by transforming informative events into online sessions – live or/and recorded. Webinars are web-based seminars that usually include over 30 participants and are used to conduct presentations, trainings, workshops, lectures and large-scale meetings that are cost effective comparing to face-to-face events. The biggest advantage of webinars is accessibility, and depending on the size and purpose of the event – different features are now available for organisers and users to make an event more representable, as well as convenient, accessible and cheaper for stakeholders and customers.

“How to Organize and Host a Webinar”, publication written by Gabriela Warrent, gives you some tips on how to organise and host a web-based event, as well as help you to check if you are doing well if you have already started to practice webinars. Some more assumptions are covered in “12 Webinar Statistics You Need to Know” article that provides more specific guidelines on what to follow and what to avoid.

Those articles cover necessary information to take into account before planning the webinar, while this specific article is dedicated to present some handy digital tools to broadcast the event and thereby get more engaged stakeholders. The most functional and therefore popular tools are considered to be Google+ Hangouts, YouTube Live, Webinars OnAir, Skype and GoToWebinar.

Google+ Hangouts and YouTube Live

1492616989-14-hangouts-social-media-chatting-service-google_83396To use Google+ Hangouts for free one must hold a Google account. Video calling/chat feature has been integrated into Google Chat, Gmail and the standard Google+ Profile to use it with up to 9 persons in a single video (or audio) call, which can be private or public. Screen sharing and chat messaging (including emojis and files) are also possible, however this is still a video-conferencing tool that cannot be broadcasted and recorded within the software.

unnamedTherefore Google+ Hangouts on Air has been launched as an alternative for those, who only host webinars occasionally. Now this feature is moved to YouTube Live and allows to broadcast live video presentations (webinars, lectures, seminars etc.) from your computer to a public audience through YouTube channel. It can be public (anyone can access the event), unlisted (everyone with the link can join, the same as it was with Hangouts on Air) or private event (only invited people can join). YouTube Live has built-in events scheduling that lets to schedule the event for a future date and time. The content can also be recorded and saved for stakeholders, what will be able to watch the webinar after it has finished – on YouTube, own website, blog or other platform. To know how to activate YouTube Live streaming, follow the relevant page.

Business Hangouts

uLcgU-oi_400x400No special software has to be downloaded by users. Business Hangouts works on all devices and platforms, which makes it most convenient and simple-to-use tool for barely everyone. Webinar can be accessed in various ways: through Gmail, desktop app, browser plugin, the mobile app, Hangouts website or social media network Google+. Additional service includes the Hangouts on Air service for live-streaming and recording video meetings. More about the settings and offers can be found in video and here.

Webinars OnAir

webinars-onairWebinars OnAir is also a product offered by Google+, which outstands with its special focus on webinars, comparing to the previous options. The platform is built on the basis of Google+ Hangout and improved to deliver the most advanced webinar features on the market. Platform offers such features, as webinar recording, desktop sharing, Google calendars, building personal lists, switching between up to 10 moderators, private labelling, e-mail interactions, attendee tracking etc.

With this digital tool participants can also be charged for joining organised webinar, which is another distinction of Webinars OnAir. Additionally registration page is available to create the webinar as attractive and accessible as possible, as presented on the webpage. Webinars OnAir is the option for private businesses, as long as participants are directed straight to the seller’s website.

To make user experience even better, the platform runs an improvements, so joining is not impossible at the moment. To follow the updates, leave your email on the website.)

Skype Business Meeting Broadcast

Skype+for+BusinessWhile Skype remains being the most popular online communication tool in the world with its group voice and video calls, screen sharing, filesharing, as well as contact sending, even more features and plans are present in Skype Business Meeting Broadcast for more advanced business options. It is a feature of Skype for Business Online and Office 365 that enables to schedule, produce, broadcast and record meetings or events to online audiences with up to 10 000 attendees. Collaborative work during the meeting in turn is enabled for up to 250 people, using whiteboards, polls, Q&A, instant messaging, screensharing and other tools. Participants can be invited to “listed” or “public” webinar, but the tracking option allows to follow participants during the webinar. Search for more on the website.

GoToWebinar

9UvK0gMTSimilar to GoToMeeting, GoToWebinar offers to interact with partners, customers and other stakeholders via video-conferencing and screen sharing application. GoToWebinar are specifically developed for webinar organisers and participants, offering full service attendee registration, HD Video recording, Polls and Surveys, Handouts, Q&A, reporting and analytics, archive of recordings, automated emails, custom branding, channel pages and many more. This basic set of features cost only 89$ per year and can host up to 100 participants, however more advanced plans offer webinars for 500 and 2000 participants with video sharing option during the webinar, pre-recorded webinars and more options. More to explore on the website.


 

More webinar tools like WebinarJam, Everwebinar, Zoom, Getresponse and others can be explored on The Best Webinar Software For Every Business: Top 12 Webinars”.

P.S. If you use the software, that does not include recording options, you can also download and run screen recording softwares on your computer separately. There are some free video recorders and screen captures like Ekiga, Open Meetings, Mikogo, as well as more professional paid tools described here.