Social Entrepreneur: Conscious Companies | Benefit Corporations | Impact Investing
About This Show
Social Entrepreneur is for aspiring and early-stage social entrepreneurs; and for those who want to make an impact on the world. Every Monday you hear interviews with social entrepreneurs, founders, investors and thought leaders. Listen to the stories that led them to become change makers. The guests give advice for early stage and aspiring social entrepreneurs. We always end each episode with a call to action. If you're ready to change the world, join us.
Most Recent Episode
Recognizing a Different Way of Doing Business, with Lucy Findlay, Social Enterprise Mark
< 1 day ago
Social Enterprise Mark provides accreditation for businesses that enhance the greater good. Accreditation exists everywhere from higher education to medicine. So why should entrepreneurs be any different? Lucy Findlay, managing director at the Social Enterprise Mark Company, helps socially-focused businesses receive accreditation for the work — and the good — that they do. “We recognize the type of business that is putting the money it makes back into society and the environment rather than using it for shareholder gain,” Findlay said. “Our mark helps them to prove that.” Earning a Social Enterprise Mark The Social Enterprise Mark is modeled after the Fair Trade Organization, Findlay said. The accreditation process begins by submitting an application on the Social Enterprise Mark website along with relevant governance and financial documents. Applications are professionally assessed and any questions that arise are sent to an independent certification panel. Most businesses that apply receive a mark because those who do not qualify are taken out of the running through conversations with Social Enterprise Mark staff. Once approved, each business is re-evaluated annually. Over the years, the company has developed what Findlay calls its own “case law” about questions that arise related to social enterprise. Marks are only given to true social enterprise organization, not solo entrepreneurs or companies run by one person. In addition, the business must have a stated social or environmental objective. It must also generate revenue from trading or selling goods and services, which is what Findlay said separates a social enterprise from a nonprofit or NGO. Findlay’s Journey to Social Enterprise Findlay took an unusual path to arrive at Social Enterprise Mark. Her background is in geography and she initially worked in the field of land use and town planning. “I soon got very fed up with that because it was all about land use and buildings rather than people,” Findlay said. That frustration led her to do research on regeneration in urban and rural areas and the people who make it happen. As part of that work, she came across a woman who set up a business based on a town revitalization grant in a rural mining area in Wales. She used government redevelopment funds to buy properties that generated incom
Episodes of This Show
< 1 day ago
Rated 5 out of
Exactly what I need
As a budding entrepreneur, I'm always looking for resources. Really glad I found this podcast. It feels mission driven. It's relatable. The guests are great.
Date published: 2016-08-12