Innovation School MSc International Management & Design Innovation

Maulana Fariduddin Abdullah

Social Enterprise Growth: Changing Social Enterprise Funding System

 

Social Enterprise (SEs) is an enterprise that has a mission to solve social and environmental problems. In Scotland, the government has the vision to make SE their national identity. However, the growth trend is decreasing during the pandemic. The trend is starting to rise again, but growing SE is complicated due to its dualistic objective on the inside. This project explores how SE can overcome the situation by fixing the funding process, stakeholder interaction, and impact measurement.

 

 

Problem

From all the insight above, the current value running on the system is linear and one-way communication.
While to make changes in the community, both stakeholders need to collaborate long-term and iterative
to solve a complex problem. Moreover, the enterprise needs to be independent at a certain level, so the funding
system can be effective in helping SE’s growth.

 

The Toolkit Concept

I use the tree-growing analogy for my toolkit. A tree-growing analogy
is great for representing the growth of SEs. The SEs growth will be represented as a tree
growing from seed until harvesting. The funders will be represented as the watering
can, where they will use their capital resources and knowledge to grow SMEs.
While the beneficiary will be represented as a community that hopefully will bloom
in the presence of the SEs.

The key features of this toolkit are how to use the ToC of change properly and how to measure
both quantitative and qualitative, using the Outcomes and Outputs from the ToC model.
And also, this toolkit has a prompt that can be used to evaluate both measurements and what
can be changed for the future strategy.

Contact
maulanafariduddin@gmail.com
M.FAbdullah1@student.gsa.ac.uk
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