News, ideas, research & resources, in social
entrepreneurship and philanthropy
(🕒This month's newsletter is 1650 words long and takes 12 mins to read)
News
The pandemic has sparked a start-up boom in the UK: 221,000 new businesses were incorporated in the third quarter of last year - the highest figure of the past decade. The trend is continuing, with 211,000 incorporations in the first three months of 2021.
Yet entrepreneurs do not always have equal access to the resources necessary to be successful, according to a report in Harvard Business Review. It reveals that, in the US, black women are more likely to start a business than white men, but are significantly less likely to run an established business.
Bill and Melinda Gates have announced their divorce, but what does this mean for their philanthropic foundation?
The Global Social Entrepreneurship Network (GSEN), which was set up to support early stage social entrepreneurs eight years ago, has closed, saying it could no longer meet members' needs. In a final blogpost the GSEN reflects on key lessons.
Reconceptualizing the social economy: The social economy is emerging as an alternative way to think about and organise the economy - and even society| Stanford Social Innovation Review (3 mins)
> Charities
New charities bill announced in Queen's speech
New legislation is expected to reduce the amount of bureaucracy faced by charities and also unlock up to £900m of dormant assets | Third Sector (2 mins)
Four ways tech can help first-time donors
Includes: improving oversight and accountability, and tracking the difference donations make | The Beacon Collaborative (5 mins)
What does ESG-friendly really mean?
Environmental, social, and governance-focused indices advanced 40 per cent in 2019-20. But what counts as ESG is still unclear, argues journalist Brooke Fox | FT/YouTube (4 mins)
Getting cash for a start up
Alastair Wilson, Chief Executive of the School for Social Entrepreneurs, on how to persuade funders to support your start-up | YouTube (4 mins)
Irrationality: a history of the dark side of reason
Professor Justin E.H. Smith talks to Julian Le Grand about the role of irrationality in decision-making and innovation | Marshall Institute webinar (58 mins)
19 May: Entrepreneurs for Resiliance Awards
Plus: join the discussion: Making healthcare financially accessible to low-income people; panellists include Stephan Chambers, Marshall Institute | Swiss Re
21 May: Universal Basic Capital
Professor Julian Le Grand will speak at the #AlternativePaths event | TEDxLadbroke Grove
25-26 May: Virtual Oceans Dialogue
Online event aims to connect global communities working towards a healthy, resilient, thriving ocean | World Economic Forum
26 May: Rescue: from global crisis to a better world
Ian Goldin, Professor of Globalisation and Development, University of Oxford, on the opportunities for change offered by the covid crisis | LSE Events
Corporate Environmental Impact: Impact Weighted Accounts Project
The project aims to "drive the creation of financial accounts that reflect a company’s financial, social, and environmental performance". This study found, in one example, that Exxon Mobil creates more environmental damage a year than profit | Harvard Business School (2021)
Microfinance - VoxDev Literature Review
Founded to fight poverty, microfinance can also improve financial inclusion. Yet, despite a growing numbers of borrowers, there is little evidence of transformational effects on key outcomes such as profits and income. However, results vary across geographies, programmes and beneficiaries, and certain populations have benefited | VoxDev (May 2021)
Internships, Jobs & Job Boards
+ World Bank Young Professionals Programme
Two-year leadership development programme at the start of a five-year employment contract | Washington. Applications open June 1
+ Social enterprise lead, Junction Point Specialist business consultancy for not-for-profit organisations | Part-time role, Tyne and Wear. Apply by 28 May.
+ more resources: Good Finance, tips and tools for social enterprises; UnLtd Awards Portal; the foundation for social entrepreneurs offers funding and support opportunities in Scotland, Wales and Ireland;Social Enterprise UK, national membership body
> Executive MSc Social Business and Entrepreneurship Marshall Institute's programme for business leaders and entrepreneurs across the private, public and non-profit sectors. Some scholarship funding available
Is there anything you would like to see included in this newsletter in future? Send your contributions, suggestions and feedback to marshallinstitute@lse.ac.uk
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