10 Social Impact Tips for Start-up CSOs

Author(s):  
Charles Kojo Vandyck Vandyck
Keyword(s):  
Author(s):  
Jessica Gissella Maradey Lázaro ◽  
Gianina Garrido ◽  
Kevin Cáceres

Abstract The industry of processed dairy and fruit sweets is listed in the agroindustry as one of the most representative at the economic level preceding poultry and oil palm production. In addition, the requirements of safety and product quality that are indispensable, it also requires committed and specialized labor generating a social impact in terms of employability and competitiveness of the companies that make up the production chain. The production process is carried out in an artisanal way, therefore, one of the problems faced by this industry is the absence of technology and / or automation that allows them to improve process times and, consequently, productivity. However, this can be solved with the incorporation of systems that optimize the acquisition and control of the process variables of cooking and dosing of the sweet, reducing the costs due to waste and poor handling of its ingredients, as well as reaching higher production levels with quality and products that meet the standards imposed by globalized markets. This article shows the development, implementation and start-up of a pilot plant for the cooking and dosing of the sweet, taking into account that the capacity of the hopper is 70 liters. The results show a considerable improvement in the quality and process standards, as well as establishing criteria to optimize other variables that appear in the development.


Author(s):  
Inthannia Elvaretha Wijaya ◽  
Perminas Pangeran

Business Model Innovation is the key to develop and improve the company's strategy to survive and sustain. Nevertheless, the existing Batik communities often find it difficult to innovate their business model. The purpose of this study was to evaluate the nine components of the business model canvas, in Batik communities, Giriloyo and Kricak Kidul village, Yogyakarta. Second, develop an innovation on business model, Ruby Batik start-up. The evaluation research method used was descriptive qualitative case study approach. The data were collected through questionnaires and in-depth interviews. The analytical model used the CIPP (Context, Input, Process, Product). The results showed that nine components of the business model canvas of the batik communities, Giriloyo and Kricak Kidul, Yogyakarta were still less and need improvement and innovation. Innovation of the business model canvas component became the development basis of social entrepreneurship business model, Rubi Batik start-up. The startup business model development, Rubi Batik, was directed to the commercial mission and social impact mission.


2021 ◽  
pp. 105-110
Author(s):  
Diana Zuluaga ◽  
Diana Guerra

Abstract 5Bogota: Travel with Locals was established in 2013 with the goal of promoting creative tourism in Colombia. This start-up was conceived as a marketplace connecting local hosts with foreigners wishing to explore the city through different eyes, while fostering local sustainable development in the places they visit. Our experience with Colombian start-up 5Bogota (Bogota through the 5 Senses) underlines the importance of a methodical process integrating the creation of unique tourism experiences with the marketing strategies necessary for the development of a profitable business model, thus ensuring the social impact sought by the concept of creative tourism. This brief text outlines the methodology used to create and consolidate the experiences offered by 5Bogota. The methodology comprises eight stages, including context analysis, the study of the destination's characteristics, the establishment of the typology for the traveller and for the local host, the design of the tourism product, and the marketing strategy. In closing, a series of conclusions are presented to share the lessons learned through the application of this methodology at 5Bogota, and to identify the main key success factors for entrepreneurship in creative tourism.


2020 ◽  
Vol 12 (5) ◽  
pp. 1915
Author(s):  
Barbara Bradač Hojnik ◽  
Katja Crnogaj

The purpose of this article is to provide an insight into the specifics of social entrepreneurship in different business environments. The article, therefore, examines selected characteristics of social enterprises, namely social value, innovations, and market activities. In addition, differences in the start-up and operational phases of social enterprises were measured. Social enterprises must operate in a specific business context, which essentially hinders or promotes social entrepreneurship. As culture differs between north-western and south-eastern Europe, it is important to examine the differences in social entrepreneurship between these two groups of countries. To analyze the proposed characteristics, we used the latest data from the Global Entrepreneurship Monitor special report on social entrepreneurship. The results indicate that there exist differences in social impact measurement between observed groups of countries. Additionally, we confirmed differences between the observed groups of countries in terms of innovations and market activity of social enterprises in the operational phase. Our results also suggest that social entrepreneurship is more developed in north-western European countries than in south-eastern ones, with some elements in the north-western countries being more noticeable in the operational phase compared to the start-up phase.


2019 ◽  
Vol 2 (4) ◽  
pp. 350-362
Author(s):  
Nina Magomedova ◽  
Ramon Bastida-Vialcanet

This case is based on La Casa de Carlota (Carlota’s House), a limited liability company founded in 2013 and located in Barcelona. The company integrates a design studio and a professional communication agency and employs people with Down’s syndrome or autism. This case features the decision process followed by the two cofounders, José Maria Batalla and Sergi Capell, regarding the opportunity of growing, by either scaling up the activity of the company or replicating the model in other countries. The case describes the concerns that the entrepreneurs had to face in order to make a decision, such as the choice of funding sources in order to finance the growth, or the issues related to the hiring and managing of people with Down’s syndrome or autism. The case also describes the background of the entrepreneurs, the start-up, and the industry. The case introduces the students to the social entrepreneurship field and explains a business model that generates an important social impact. It also introduces a topic of start-ups’ scaling and growth, and different alternatives for financing them. The case sheds light on critical questions that social entrepreneurship students, scholars, investors, and authorities often pose.


2018 ◽  
Vol 8 (2) ◽  
pp. 1-25
Author(s):  
Fardeen Dodo

Subject area Entrepreneurship. Study level/applicability This case is designed for teaching entrepreneurship at master’s level. Depending on students’ interests and exposure levels however, it can be applied to teaching undergraduate entrepreneurship courses that are taken after at least the two basic entrepreneurship courses. Case overview Nigeria’s tomato industry is one of the most dysfunctional in the entire nation’s economy. Although the country is West Africa’s largest tomato producer, nearly half of the produced tomatoes rot on the way to the market, which makes Nigeria heavily reliant on imported tomato paste. Amidst growing concerns among stakeholders of the need to address the dysfunction of the tomato industry, Tomato Jos emerged as the earliest social impact venture in the tomato paste industry. Nigeria’s changing macro-economic conditions clearly call for a tomato processing industry and the entry of Tomato Jos is well timed. Within a span of two years, the company successfully raised $600,000 in equity, debt and grant financing that has catered for start-up expenses and expansion to 150 hectares of farmland. The company plans on raising an additional $25m to cater for their planned Stage III growth. Amidst growing excitement over the entry of Tomato Jos in the industry with a social enterprise, Africa’s top business tycoon, Aliko Dangote, announced entry into the tomato processing industry with a major tomato processing facility in the same region as Tomato Jos. The Dangote Group of companies is seen as very tough competition to contend with, due to their sheer size, political leverage and financial capital. This case study primarily teaches how multiple aspects of start-up entrepreneurship may be handled rather than being taught separately as is often the case in mainstream business education. Entrepreneurs in the field rarely confront real challenges in this way. This case study introduces a practice of teaching a collection of key aspects of entrepreneurship, their nuances and inter-relationships in an integrated fashion. Expected learning outcomes The overarching objective of this case is to teach students how to interpret the shifts in industry position resulting from the entry of an important competitor within the larger context of growing a social venture. At the end of the case study analysis, students will be able to analyze the effects of changing forces and conditions in a country’s business environment on a start-up social enterprise; interpret the shifts in a venture’s industry position after the entry of an important competitor; identify appropriate funding sources and financing strategies to fuel the growth of a social enterprise; identify areas of a start-up’s business model that need improvement and/or iteration to support faster growth; and develop an effectuation-based strategy for a growing venture. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS 3: Entrepreneurship.


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