Social Enterpreneurship & Impact Investing
my personal journey
Presentation by Piet ColruytFoundation 3.0 Strategic Round Table
4th of july 2014
My personal journey
2010
? Korys ?
Who am I ?Social entrepreneurs ?
Impact Investing ?
12
34
1Who am I ?
Colruyt family
That’s me !
Social Entrepreneurs ?Impact Investing ?
Non-profit with Income generating activities
Social Enterprise
Socially Responsible
Company
Company with CSR activities
Pure for-
profit
Pure non-profit
Social mission motive Profit-making motive
Spectrum of organisations – Social and Profit motive combinations
Social Entrepreneurs Investors
2
Social Entrepreneurs ?Impact Investing ?
Non-profit with Income generating activities
Social Enterprise
Socially Responsible
Company
Company with CSR activities
Pure for-
profit
Pure non-profit
Social mission motive Profit-making motive
Spectrum of organisations – Social and Profit motive combinations
Social Entrepreneurs Investors
Impact Investing
Impact First Finance First
2
Korys ?
Non-profit with Income generating activities
Social Enterprise
Socially Responsible
Company
Company with CSR activities
Pure for-
profit
Pure non-profit
Social mission motive Profit-making motive
• Amnesty
International
• FitClass
• Boobs ‘n Burps
• Streetwize
• Belgacom
Spectrum of organisations – Social and Profit motive combinations
• Often local
non-profit
initiatives
• Traditional
• Venture Capital
3
• Colruyt
Impact Capital ?
4
SI² + RE4 = WIN6
• SI² = Social Impact through Sustainable Investments
• RE4 = REtail, Renewable Energy, Real Estate,
Re-thinking Economy
• WIN6 = WIN-WIN for all stakeholders:
• clients
• employees
• shareholders
• company
• suppliers
• mankind
(community, environment,
future generations,…)
Impact Capital ?
Non-profit with Income generating activities
Social Enterprise
Socially Responsible
Company
Company with CSR activities
Pure for-
profit
Pure non-profit
Social mission motive Profit-making motive
Spectrum of organisations – Social and Profit motive combinations
Social Entrepreneurs Investors
Impact Capital °2010
Impact First Finance First
4
My personal journey
2012: another 2 pieces of the puzzle
SI² FundCo-creation ?5
6
SI² Fund ?
Non-profit with Income generating activities
Social Enterprise
Socially Responsible
Company
Company with CSR activities
Pure for-
profit
Pure non-profit
Social mission motive Profit-making motive
Spectrum of organisations – Social and Profit motive combinations
5
Impact First Finance First
5
Social Enterprise
the social innovation ecosystem: answersto different needs of social enterprises
Still to develop:- Crowdfunding platform- Seed capital fund
Inspire andcreating
awareness
ideadevelopment
business plan
social impact
Insure the cost
of coaching
Partners& seed
Investment
upscaling
Capacitycoaching
community
Co-creation: interview with Pachauri ?
Non-profit with Income generating activities
Social Enterprise
Socially Responsible
Company
Company with CSR activities
Pure for-
profit
Pure non-profit
Social mission motive Profit-making motive
Spectrum of organisations – Social and Profit motive combinations
6
Green
Economy
Blue
Economy
Non-profit with Income generating activities
Social Enterprise
Socially Responsible
Company
Company with CSR activities
Pure for-
profit
Pure non-profit
Social mission motive Profit-making motive
Spectrum of organisations – Social and Profit motive combinations
Social Entrepreneurs Investors
Impact First Finance First
6
Co-creation: hybrid value, shared value
Example: launch of Business & Poverty platform (°2014)
Thank you !