Tuesday, April 19, 2011

The Future is happening at Fusion Youth Centre in Ingersoll...

A youth centre exists in Ingersoll that would make any teen want to hang out there. A concept that keeps kids off the street, allows them to freely use their artistic talents in a way that doesn’t end up on community trains, mailboxes and buildings and allows them to use their skills and talents in a way that empowers them to become an entrepreneur.

Friday, April 15, 2011

The Goodwill Social Enterprise and Abilities Centre is emerging...

I met with the great people at Goodwill in London yesterday and learned that they are one of the oldest social enterprises in London that started in 1902. They have recycling programs, retail stores, janitorial work, food services, and job placement services that comprise their 12 million dollar establishment. They employed 1200 people in London & Middlesex last year!!

Thursday, April 14, 2011

Micro-Loans for Social Enterprise: A Model from Toronto.

I participated in a Lunchbox Speakers Series webinar yesterday about Community Loan funds (a way for Social Enterprise entrepreneurs to access funding for their initiatives). There was a lot of great information on things happening in Toronto.

Tuesday, April 12, 2011

Community change in happening at the ReStore!

I visited the Habitat for Humanity ReStore on Pacific Court in London today. What an amazing social enterprise story! This store opened in 1995 and run by community volunteers and some paid staff who serve our community in so many ways. 

Monday, April 11, 2011

Starting Points

Social enterprise refers to business ventures operated by non-profits, whether they are societies, charities, or co-operatives. These businesses sell goods or provide services in the market for the purpose of creating a blended return on investment, both financial and social. Their profits are returned to the business or to a social purpose, rather than maximizing profits to shareholders” (Source: enp).

Background: On November 5th, 2010, Pillar received funding from the Ontario Trillium Foundation for the “Social Enterprise for Sustainable Communities Program”. The program allowed five partners to come together to educate, support and learn from nonprofits and charities who may wish to start social enterprises as a way to have greater community impact and diversify their revenue sources.