Ted Jackson, community organizer, fellow Frontier College alumnus and Professor at Carleton University presented the following speech at the 52nd annual general meeting of the Quinte West Association for Community Living. A comprehensive analysis and call to action relevant for all non profits
Social Innovation
In June of this year, I had the privilege of debating Michael Edwards, author of Small Change: Why Business Won’t Save the World at the 2011 Canadian Business & Community Partnership Forum, organized by Imagine Canada and Volunteer Canada. In Parts 1 and 2 of this blog post, I weave together some of the notes I made prior to debating Michael Edwards with commentary with the more recent #occupy protests.
At this historic juncture, where the value of capitalism is being called into question, we want to consider how businesses can be in the (better) business of creating shared value.
Hypenotic and Toronto's B Lab hub (at the MaRS Centre for Impact Investing) are co-hosting a dynamic and collaborative brainstorm session where we're inviting leaders and thinkers to help consider how a new kind of business can emerge out of this conversation.
The Rockefeller Foundation has championed the adoption and growth of the Social Impact Bond (SIB) model in the UK and US over the past year, and one of the leaders in their efforts has been Antony Bugg-Levine, Managing Director of the Rockefeller Institute. Antony will be joining the Nonprofit Finance Fund (NFF) later this month as their new CEO, and he was interviewed by Kristin Giantris earlier this summer to speak more about the SIB model and why it is exciting.
NFF has made this interview available to everyone to see online, posted in eight clips in a Youtube playlist. I've picked three short clips to illustrate why SIBs represent such an exciting model, how it's connected to impact investing, and describe the ecosystem surrounding pay for success financing.
This article introduces a new version of the social impact bond model, described earlier on SocialFinance.ca, that marries the SIB concept to new hybrid legal tools that are under consideration in the US and UK. Part I, published here, explained the potential benefits of this model. Part II, below, reviews current and future developments that can help turbocharge social impact bonds by harnessing new market structures.



























