Finance

Insights on financing social innovation in Europe

We are facing immense societal challenges globally, which cannot be solved through technological innovations alone. We need sustainable and socially oriented solutions, that is innovations with and for society. Such social innovations need adequate financial support.   Over the last decade, there have been various approaches to financing and supporting social innovations, from accelerator grants to ... Insights on financing social innovation in Europe

Report: Motivations for Business to Create Shared Value in Hong Kong

The coronavirus outbreak has triggered the biggest global economic, health care and social crisis in centuries. This is a time for all sectors to reflect on their approaches and develop new ways of doing things. And it includes the private sector. In the post-pandemic world, the new business landscape is complex and uncertain. Amongst technological ... Report: Motivations for Business to Create Shared Value in Hong Kong

Future-fit philanthropy: why philanthropic organisations will need foresight to leave lasting legacies of change

Author: Louise Pulford & Cat Tully All philanthropic organisations exist to change the world, or at least a part of it. They are distinguished by their level of ambition – and by their optimism. But that makes them particularly susceptible to the radical uncertainties of our fast-changing world. To be considered transformational, any philanthropic organisation should ... Future-fit philanthropy: why philanthropic organisations will need foresight to leave lasting legacies of change

The state of social innovation in 2019

Over the last 10 years, SIX has developed a broad view of what social innovation looks like in different parts of the world. We’ve seen how social innovation ecosystems have developed in response to the individual contexts of different countries, as well as the patterns that have emerged locally, regionally and globally. Here, SIX Executive ... The state of social innovation in 2019

Funding – A Practice Guide

Funding is essential for social innovation to grow and thrive. This is why SIX has an entire programme dedicated to philanthropy. The SIX Funders Node challenges, enables, and inspires funders to be more systemic and innovative in their thinking and practice. Our aim is to increase the flow of funding to social innovation and systemic change. We ... Funding – A Practice Guide

What is the power of networks in philanthropy? Reflections from SIX

Having worked for an international exchange for almost 5 years, I can attest firsthand to the power of networks. Networks help us to navigate our daily life (whether in the workplace or at home), providing much needed inspiration and success stories, new connections and personal relationships, whilst expanding our learning and horizons.   I’ve thought ... What is the power of networks in philanthropy? Reflections from SIX

Social Innovation and Social Finance Strategy for Canada

It’s time for a Social Innovation and Social Finance Strategy for Canada. Canadians should be optimistic about the future. That said, serious challenges remain—poverty, homelessness, climate change—to name a few. And complex challenges demand new kinds of thinking to generate transformative solutions. Fortunately, Canada is a diverse nation of innovators. There is a need to draw on ... Social Innovation and Social Finance Strategy for Canada

Social Innovation: what’s under this umbrella? A Brazilian perspective

Abstract Social innovation, as both a field and conversation point, is burgeoning within Latin America. Yet, at the same time, there are discrepancies between what is meant by social innovation, and little shared understanding of its definition. The social innovation dialogue in Latin America, and especially in Brazil, hinges around two narratives. One centres on ... Social Innovation: what’s under this umbrella? A Brazilian perspective

Global Networks: Strategies & learning with peers

Abstact Global Networks Networks are a powerful and growing vector for social change. Considering the complex nature of today’s global challenges, solutions need to be reactive to an ever-evolving landscape of players and circumstances. Networks are a fitting way to approach this complex challenge and if well-managed, networks help us share and use knowledge across ... Global Networks: Strategies & learning with peers

The Burning Questions of Alignment

We believe that there’s great power in knowing the questions and challenges that are keeping your peers up at night. Not only does it help to reassure that you’re not alone in your work but it can spark a conversation, which in turn can shift thinking and practice. The mission of the Funders Node is ... The Burning Questions of Alignment

Why do global foundations need to align for impact?

Author: Jordan Junge If you want to go fast, go alone. If you want to go far, go together African Proverb We know that the challenges our societies face are growing in scale and complexity. We know that not one organisation is capable to solve these challenges alone. Not even foundations, who are uniquely positioned and ... Why do global foundations need to align for impact?

The philanthropy of place

As the pace of life increases, our lives are continuously engulfed by technology and data. There are few opportunities for stillness.  We need spaces to recharge and recalibrate more than ever, and when we find these spaces, we need to use them more strategically. This is the view of Dr Helga Breuninger of the Breuninger ... The philanthropy of place

How foundations join forces for better philanthropy?

We work hundreds of miles apart, separated by the border but our two organizations – the J.W. McConnell Family Foundation in Canada and the Robert Wood Johnson Foundation (RWJF) in the US -have formed a collaboration that is accelerating our efforts to bring about change in our respective countries. Despite our many differences, our organizations are wrestling with similar ... How foundations join forces for better philanthropy?

Social Innovation in the Basque Country

Building on Social Innovation Europe (SIE)’s country profiles which demonstrate a variety of views on what social innovation means to different kinds of organisations in a particular country, SIE also looking at how social innovation is carried out in different regions across Europe. SIE recently interviewed Innobasque to learn more about social innovation in the Basque Country. The following interview builds on Innobasque’s contribution to the country ... Social Innovation in the Basque Country

Pushing boundaries to advance social impact

In January 2016, a group of 25 foundations from across 4 continents came together at the Rockefeller Foundation’s New York office to learn and share insights about funding social innovation that help them tackle their most important opportunities and challenges. Although there are numerous toolkits, guides and traditional gatherings for foundations providing tips, practical suggestions ... Pushing boundaries to advance social impact

Connecting peers to push boundaries for social change – a new kind of meeting

Insights from the meeting of international foundations in January 2016: An interview with Louise Pulford, the Director of SIX. What makes this node different?  This group is about the people, and I felt lucky to be in the room with such a great group. It really felt like the best were learning from the best. ... Connecting peers to push boundaries for social change – a new kind of meeting

Scaling social innovation: An art or a science?

This originally appeared on the BRAC blog. If there were a simple recipe for social innovation, anyone could easily transform an idea into an impactful solution reaching millions. Unfortunately things are a lot messier on the ground. Many ‘amazing’ innovations that promise to save millions of lives fail to scale and quietly disappear. Who’s to blame: ... Scaling social innovation: An art or a science?

Philanthropic foundations and social innovation: How do we accelerate our learning?

We can’t solve problems by using the same kind of thinking we used when we created them. Albert Einstein The last quarter century has seen significant changes in the world of foundation philanthropy. New pools of earned wealth (think Jeff Skoll, Bill Gates or Skype founder Niklas Zennström) have accelerated traditional philanthropy’s shift from responsive grantmaking towards experiments with ... Philanthropic foundations and social innovation: How do we accelerate our learning?

Supporting Social Change: A New Funding Ecology

Independent social funders are an established part of a mature ecosystem of social support in the UK. They represent a ‘sector’ that is diverse in makeup and practice, with some cutting edge thinking and innovative practice sitting alongside very traditional models of funding for activities in the community. It is also a sector whose leading lights ... Supporting Social Change: A New Funding Ecology

Transnational Network for Social Innovation Incubation

Transnational Network for Social Innovation Incubation – TRANSITION – is a 30-month project that supports the scaling-up of social innovations across Europe by developing a network of incubators which brings together established partners within the fields of social innovation (SI) and innovation-based incubation (IBI). TRANSITION will also provide learning output on which scaling methodologies are most ... Transnational Network for Social Innovation Incubation

The Innovation Lab Insight Centre

The innovation Lab Insight Centre is a joint project between The Brisdgespan Group and the Rockefeller Foundation Focussing on Labs for Systems Change, the project brought together a blog and webinar series which shares research, expert insights, and perspectives on how these labs have helped funders and nonprofit organizations create environments conducive to innovation and ... The Innovation Lab Insight Centre

Making it Big: Strategies for scaling social innovations

This Nesta report Making it Big: Strategies for Scaling Social Innovations aims to help social innovators consider the best options for scaling up their innovations. Key findings: Scaling isn’t for everyone. Not all innovations are scalable, and scaling brings risks. But where social innovations have potential to benefit more people, we think innovators should at least consider whether ... Making it Big: Strategies for scaling social innovations

The teams and funds making innovation happen in governments around the world

Nesta and Bloomberg Philanthropies have published the i-teams report to explore in-depth twenty innovation teams and funds from around the world. We analyse the diversity of structures and approaches, their impacts, and the key lessons for other government leaders looking to emulate these efforts.  We present the new practices being developed and implemented by city ... The teams and funds making innovation happen in governments around the world

The Re-Emerging Art of Funding Innovation

As the strategic philanthropy movement has swept across the field, many grantmakers have lost their appetite for funding experimental and innovative projects. Recently, however, a number of funders have begun exploring how to deliberately reintroduce risk-taking into their processes and portfolios in search of breakthrough change. The term “innovation” is now used so widely and ... The Re-Emerging Art of Funding Innovation

A global discussion on Corporate Social Innovation

On March 11, 2014 , SIX hosted the Global Dialogue on “Corporate Social Innovation and the Future of Capitalism“. The discussion was convened by SIX, SiG and Cisco, and chaired by Geoff Mulgan (CEO of Nesta) and it brought together people from London, Bogota, Toronto and Vancouver. The last four decades have seen important evolution in thinking about the role of ... A global discussion on Corporate Social Innovation

The radical’s dilemma: an overview of the practice and prospects of Social and Public Labs.

This article was originally written by Geoff Mulgan on the Nesta website. In this paper, Geoff Mulgan looks at the various social and public labs across around the world. He summarises his personal view of the field of innovation labs – and what might lie ahead – largely based on Nesta experience. The report looks ... The radical’s dilemma: an overview of the practice and prospects of Social and Public Labs.

The Obama Administration’s Social Innovation Fund:An In-depth Interview with Director Paul Carttar

Recently, I interviewed Paul Carttar, Director of the Social Innovation Fund–an initiative of the Corporation for National and Community Service (CNCS) intended to improve the lives of people in low-income communities. It does so by mobilizing public and private resources to grow promising, innovative community-based solutions that have evidence of compelling impact in three areas ... The Obama Administration’s Social Innovation Fund:An In-depth Interview with Director Paul Carttar