Wednesday, May 22, 2013

Update on Social Innovation Shared Space Feasibility & Business Plan


Pillar Nonprofit Network and Emerging Leaders  are excited to provide you with an update on the progress of the Social Innovation Shared Space Feasibility & Business Plan

We have come together to create a community workspace comprised of diverse groups of people, who positively impact the community, encourage collaboration, incubate emerging enterprises, and spark new models and ideas to contribute to the economic prosperity of London.  

1. Design Jams - Pillar and Emerging Leaders co-hosted 3 Design Jams with 130 attendees to determine the interest and vision for a social innovation shared space for London. The overwhelming response was a need and a commitment by attendees to be part of co-creating a social innovation shared space. check out the video captured by webisod.es at the Design Jams http://bit.ly/10LNG3p


2. Pre-application - We have had 96 pre-applications completed to date and it is still an open application process. Please visit http://londonsharedspace.ca/  and feel free to share with others. This is an opportunity to confirm interest in playing a part as a tenant, a member or an interested participant. We have documented an interest in 20,000-30,000 square feet so far.

3. Business Model & Financials - We are currently confirming the business model and testing the financial assumptions for a social innovation shared space.

4. Social Innovation Shared Space Bus Tour - on Friday May 10th we hosted a diverse group of 40 attendees on a bus tour to visit the Centre for Social Innovation Annex & Artscape Wychwood Barns in Toronto. Attendees had the opportunity to see first hand how these spaces work and to ask questions.




5.. Site Selection - We have a site selection committee who is developing the criteria and requirements to determine how it relates to our real estate needs.

We are working towards having a draft feasibility and business plan in June. 

We greatly appreciate the support of London Community Foundation and United Way London & Middlesex who have generously funded the feasibility and business plan process.
If you have any questions or input please feel free to contact us.
Warm regards,

Michelle Baldwin, Executive Director Pillar Nonprofit Network
Sean Quigley, Executive Director, Emerging Leaders
ed@emergingleaders.ca    226-289-2360