Institute for Social Entrepreneurship

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• Institute for Social Entrepreneurship

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Institute HistoryThe Institute for Social
Entrepreneurship is multi-disciplinary service
effort between Division of Business
Administration Management and the Division of
Social Work Social Science. The combined
efforts resulted in the development of the
Institute for Social Entrepreneurship harnessing
the spirit of an entrepreneur (one who undertakes
and is creative/innovative in thinking and
action) with a social focus (for the common
good).
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MISSION

• To promote and assist innovative solutions to
  pressing social needs using sound business
  principles in the faith community, government,
  and social services, both in Rochester and
  internationally.

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• What is the Institute for Social
  Entrepreneurship?

• A program that emphasis entrepreneurship and
  innovative principles in community building
• Utilized six principles for restoring
  neighborhood commercial areas
• Comprised of five service components that
  emphasizing entrepreneurship and innovation
• Provides consulting and research services using a
  combination of faculty and students teams

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• Institute Principles
• Collaboration
• Encourage collaborations as a strategy for
  increasing results by helping create linkages
  with Entrepreneurs.
• Growth
• Exploring growth opportunities for businesses or
  program expansions, collaboration / strategic
  alliances, or mergers.
• Diversification
• Identify and secure new sources of revenue to
  lessen risk of over dependency on federal, state
  or foundation funding.

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• Innovation
• Exploring how to bring innovation and new
  inventive solutions in our organizations and
  businesses by placing more emphasis on
  encouraging exploration and rewarding those who
  develop solutions.
• Consolidation
• A Socially Entrepreneurial organization's
  ultimate goal should be to maximum social impact,
  not infinite survival. changes that result in an
  increased level of service, productivity or
  desired outcome.

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Five Service Components

• Community Outreach and Service Learning
  Internship Initiative that supports local
  community development initiatives in targeted
  areas in the City of Rochester
• Community Economic Development Institute that
  provides community development organizations,
  small micro businesses, and potential business
  owners with workshops that will enhance their
  core business, social development skills and
  knowledge.
• Youth Entrepreneurship to begin developing
  successful young people through partnership that
  provide mentoring support young
  entrepreneurship.

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Five Service Components (continued)

• Students in Free Enterprise (SIFE) that support
  campus students involvement in community economic
  development and outreach events, including
  participation in volunteer activities, hosting of
  seminars and an annual entrepreneurship
  competition
• Entrepreneurship Resource Centerto conduct
  research and access information / tutorials on
  business concepts, community development
  strategies and social work issues. The site is
  fully

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• How is our Program unique?

• Focuses on development along Neighborhood
  Commercial Areas
• Encourages entrepreneurship and innovation for
  citizens neighborhoods
• Promotes linkages with existing community
  building efforts
• Utilizes teams of Faculty and Students to assist
  in community building efforts
• Provides access to information through the
  Resource Center, Networking Technology

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How Can The Community Benefit?

• Attend training capacity building sessions
• Utilize volunteer or paid students faculty
  internship teams to conduct research or
  consulting projects
• Utilize outreach site to hosting meetings and
  small classes
• Access the resource center information to access
  market research and information
• Attend classes at Roberts utilize campus
  resources

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Consulting Research Services

• Market Research and Analysis
• Business and Organizational Development
• Systems and Policy Research
• Finance (Securing Leveraging Resources to Fund
  Ventures)

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• Partnership Possibilities?

• Collaborations with the Social Work Division
• Criminal Justice, Psychology Counseling
• Collaborating with Youth Entrepreneurship
  initiatives
• Promote access to information technical
  assistance for entrepreneurs
• Marketing promotion - neighborhood commercial
  areas
• Streamlining simplifying processes
• Collaboration on grants securing resources
• Train entrepreneurs on the state-ofthe-art
  technology
• Provide access to best practices in community
  building efforts

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Thank you