Monday, July 16, 2012

E3M up and running! ? Social Business International

Anne Bland  2011

15th July 2012

Giving birth is never easy but always joyful. Social Business International?s new E3M initiative, has already taken its first steps with the launch of a programme of events and the social enterprise leaders business club in June in London. Like all happy starts of a new life, E3M has three good fairy godmothers supporting its journey; Bates Wells & Braithwaite LLP, the University of Northampton and Unity Trust Bank are E3M core partners.

E3M club is all about sharing knowledge and doing business. At the moment E3M business club has 22 members and another eight are in the process of being recruited. The leaders, who have joined the club so far, represent some of the most dynamic and innovative social entrepreneurs in the UK. Our aim is to look at three M?s (markets, money and models) and how they influence the success of social enterprise in the UK. The European Commission?s Social Business Initiative offers potentially great opportunities, and at E3M we will be exploring how to take advantage of the current interest in social enterprise in Europe.

It is always fascinating to see what happens when you put different types of innovative experts and practitioners in a room, give them a problem and lock the door. So far this has produced more great ideas and innovation and no friction at E3M events!

On the 15th of June our first E3M seminar took place. Looking at issues on markets it was entitled ?Bold Procurement: How to Commission Creatively and for Social Value.? The event was well attended, involving legal and procurement staff from local authorities and representatives from social enterprises. The presentations made by the speakers are already available on the SBI website and a write-up from the event will be there shortly too.

Work on the markets theme continued with a special session carried out in partnership with the Local Government Information Unit. Called ?Ideas Alchemy,? it mixed E3M social enterprise leaders and core partners with a group of senior representatives from local government. The participants spent the morning in an open-space session exploring innovative solutions for local challenges. This was followed by a roundtable with DCLG and Cities Minister, the Rt. Hon. Greg Clark MP, who was keen to hear directly from both sets of leaders about what more could be done in this area.

Following a pilot roundtable in March on State Aid and Procurement, we are holding the first E3M policy roundtable on the 17th of July 2012. Focusing on money theme it will explore how EU funds could be used to boost social investment, and in particular, to support innovative and higher risk investments for social enterprises. It includes representatives from the European Commission, UK Government departments and stakeholders from the social investment field.

E3M is now up and running and will hopefully continue to grow and be useful for all those involved, being a reciprocal initiative. The innovation created will have practical outcomes through social business and benefit also wider communities. We are planning more events and activities for the autumn and winter and those open to non-E3M members will be published on our website.

Source: http://socialbusinessint.com/2012/07/e3m-up-and-running/

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