10th Webinar of the EIB Institute & Católica-Lisbon Series

Webinar presented by Filipe SantosDean of CATÓLICA-LISBON,

Chaired Professor of Social Entrepreneurship25 JUNE 2019 – 3PM (Lisbon time)

Social Innovation Q&A Webinar

Notes:The Webinar will be recorded and made available to all registered attendees.You can use “Raise hand” option at Q&A if you want to speak. You can also make questions using the chat.

The Social Innovation Tournament recognises and supports the best European social entrepreneurs. It is organised in a different country every year to reward and sponsor European entrepreneurs whose primary purpose is to generate a social, ethical or environmental impact. All projects compete for the General Category and Special Category 1st and 2nd Prizes of EUR 50 000 and EUR 20 000.

This Webinar is part of the EIB Institute & CATÓLICA-LISBON Series on “SOCIAL INNOVATION, SCALING, AND IMPACT” developed by Católica-Lisbon and sponsored by the EIB Institute in the context of the SIT - Social Innovation Tournament – the flagship initiative of EIB’s Social Programme).

1| Strategies for Scaling Impact2| Pitching and Communication with Investors3| Social Franchising (with case study "Speak")4| Creative Leadership5| Financing instruments for Impact6| Learning from failures7| Mistakes in Win-Win Negotiations8| Digital Marketing 9| Business Model Innovations for Impact 10 | SOCIAL INNOVATION Q&A WEBINAR

September 24 we are back with “Leading Teams for Social Innovation”

EIBI & Católica-Lisbon Webinar Series on “SOCIAL INNOVATION, SCALING, AND IMPACT”

You can review past webinars at Católica-Lisbon Website

C: NONPROFIT AND FOR PROFIT

A: FUNDAMENTALS OF SOCIAL INNOVATION

D: FINANCING

B: PARTNERING WITH LARGE COMPANIES

Q&A Most asked questions covering 4 categories

A: FUNDAMENTALS OF SOCIAL INNOVATION

Q&A 1 Why “social innovation” is on many occasions equal to “social entrepreneurship” and vice versa?

2 What is for you the greatest example of social innovation?

3 What are the common elements of social innovation throughout the world?

4 What are the main challenges faced by social innovation professionals?

5 What is the state of Social Entrepreneurship in relation with sustainability?

1 Why “social innovation” is on many occasions equal to “social entrepreneurship” and vice versa?

FUNDAMENTALS OF SOCIAL INNOVATION

Q&A

The process of developing and implementing innovative and

sustainable solutions to important but neglected societal problems.

Social Innovation when the proposed solution is proven to generate

impact - compared to the established solutions due to gains in efficiency and/or

effectiveness

Social EntrepreneurshipIt translates into

2 What is for you the greatest example of social innovation?

FUNDAMENTALS OF SOCIAL INNOVATION

Q&A

3 What are the common elements of social innovation throughout the world?

FUNDAMENTALS OF SOCIAL INNOVATION

Q&AKey elementsCore Desirable

MISSION (NEGLECTED)

INNOVATION (SIMPLICITY)

IMPACT (SPILLOVERS)

EMPOWERMENT

SCALABILITY

SUSTAINABILITY

Social Innovation has common and

important characteristics

4 What are the main challenges faced by social innovation professionals?

FUNDAMENTALS OF SOCIAL INNOVATION

Q&A- Managing Duality and its complexity

- Perfecting the Business Model and Impact Model

- Social entrepreneurs letting go of their baby (their venture)

FUNDAMENTALS OF SOCIAL INNOVATION

Q&A5 What is the state of Social Entrepreneurship in relation with sustainability?

- Corporate Sustainability vs Social Entrepreneurship?

- Does Social Entrepreneurship have to be Sustainable?

PARTNERING WITH LARGE COMPANIES

1 How can established companies become engines for social innovation?

2How can social innovators best engage and partner with companies?When partnering with a huge corporation (also an investor), how to protect your identity & control, and avoid being subsumed?

3 How to best align the needs and challenges between a big corporation and a start-up partnering together?

4 How taxes can be a proper incentive for social innovation?

Q&A

PARTNERING WITH BIG COMPANIES

1 How can established companies become engines for social innovation? How can social innovators best engage and partner with companies?

Q&A- Brand and Reputation

- Scale and Reach

- Competencies

- Resources

PARTNERING WITH BIG COMPANIES

Q&A2 How can social innovators best engage and partner with companies?

When partnering with a huge corporation (also an investor), how to protect your identity & control, and avoid being subsumed?

- Vision Alignment

- Governance Model

PARTNERING WITH BIG COMPANIES

Q&A3 How to best align the needs and challenges between a big corporation

and a start-up partnering together?

- Value Alignment (lockstep of corporate and societal value)

- Management Model (pilot + strategic alignment)

- Scaling Model

PARTNERING WITH LARGE COMPANIES

Q&AHow taxes can be a proper incentive for social innovation?4

- Public money and incentives matching and leveraging private initiative (instead of subsidies)

- Taxes to price negative externalities

NONPROFIT ANDFOR PROFIT

1 When is the right time to spin off a for-profit entity when you are a non-profit?

2 How can we transform the non-profit sector into a sustainable, scalable and appealing one?

Q&A

NONPROFIT ANDFOR PROFIT

1 When is the right time to spin off a for profit entity when you are a non profit? Q&A

NONPROFIT ANDFOR PROFIT

2 How can we transform the non-profit sector into a sustainable, scalable and appealing one?

Q&A

FINANCING 1 What type of financing is available to scale social innovations?

2 What about Social Impact Bonds (SIB) as a financial tool for scaling social impact?

Q&A

FINANCING 1 What type of financing is available to scale social innovations?

Q&A

Better Outcomes, Better Value:The evolution of social impact bonds in the UK

2017 Report from Bridges Fund Management

FINANCING 2 What about Social Impact Bonds (SIB) as a financial tool for scaling

social impact?

Q&A

10th Webinar of the EIB Institute & Católica-Lisbon Series

Thank you andgood luck for your Social Innovation!

See you in September 24