good afternoon everyone
unfortunately with many we know the
social entrepreneurs have much greater
difficulty in access to finance
of the course considered entrepreneurs
to understand the cause
Perhaps we should curdle this problem.
So what happens to the creditors?
hit the ice a very famous actor
was intrigued by the following facts
because most of the creditors in the
opinion of the national teams of
united states and canada
were born almost all the first months
of January suffered more
investigate and searched the question is
when the 98 years are divided into two
teams
high-performance teams or
teams of normal income and hair
age are defined according to
calendar of the year
in the same step we can have a young
who is 11 years older than the young
It makes a lot of difference in this age.
Can you imagine which of the two
young people is probably taller
the stronger the better the physical structure
is no longer on the basis of this
a criterion that young people are
teams dalfre food teams receive
more hours bringing three more for
best coaches best week
monitoring and what happens
eventually these young people become
even better hockey players in the
What happens is an example.
classic construction a fact
truth the wrong posture we created
millions of 29 on ice based on
assumption that the physical structure
is more important variable happens
exactly the same in relation to
to social entrepreneurs only
we are talking about the physical structure
we are talking
and traditionally we believe that
technological entrepreneurs and
commercials are more sustainable generate
higher returns and so have
easier access to finance
of social entrepreneurs and this
situation has been contaminating and
condition the appearance of new
solutions to social problems
ancient
my great passion is to join the rigor
financial world with the heart of the
of the social sector
but for this we must prove that we
we have to invest in the solution of
problems and get simultaneously
impact and financial return and yes
bring about a drastic and
basically what I liked that
happen is to get rid of the
entrepreneurs and networks
commercial or technological
surprised on the one hand we are lucky
to have social entrepreneurs that all
days work hard for
solve the problems of our society
the problem sometimes has a cost
and vanice
the cost of the ministry of justice has
vague criminal incidence the cost to the
social security of young
social isolation of doses we want
that these entrepreneurs in the new
super complex problems and make a good
job
without it there is no coin without eggs
So that’s what we need to do.
new questions
we were unable to get new answers
with the questions we always ask and
we have to innovate in the ways
financing and one of these innovations
is the title of social impact is to leave
hence you will share with you today the
social impact is a form of
the greater the amount of funding
the social impact will be better.
project finance performance exists
a key word in the title impact
which is a guideline for
results and result different from
activities are indicators of activities
one thing I speak in number of hours
of training
the number of training sessions
number of smokers else I talk
while people will integrate the
the labor market as a result of
one is training is this
result will cause social change
is this result will make the sector
public spending less money is this
result that should matter to us more than
works the social impact structure
everything starts with a problem that affects
a given population and has a
direct cost or public sector
on the other side we have a more
social organizations that have a
innovative model to address this same
problem
we have joined one or more social investors
this partnership and we have the
social impact or social institute
ensure the financing or departure of the
project in the medium term say pain
five years ago the social organization
operates during this period and at the
results such as little talk are
the public sector knows that
will achieve some
savings and take part of these
savings you use to return to your
social investor with or without return
depending on the case if the results are not
sector is reached with youtube
no copa loc does not pay but we will see
how does this work in an example
very concrete
the investment laboratory team
social which is part of a few months
before January 2015 went to talk to
city council luiz asked me
what are the main
problems in our city
and that’s where you want to innovate many
areas of education and
specific topic that in 1 vacancy rate
school retention together in some
public schools lisbon in education
primary that we have notion is
some of these schools one in five
rain children in year 3 is seven years old
old because with the suspect until
This problem costs and the numbers
officials say that a student costs
average of three thousand euros per year
now beyond the social cost of not
keep up with colleagues stay out of town
to progress exist under this name by
every chimba link will be three thousand
euro more than it was supposed to
we had to find a solution
innovator who has not been there and
that’s appearing teaching
computer programming and time was
perfect for more and more we talk
in passing technology users
to create new technology and the best
time to learn it does not happen
– seven years old and this is how
the first type of social impact is born
in Portugal
the junior kobe academy that aims to
test if teaching programming
computing has a positive effect on
school performance
logo extinct – leading to the end of the year
allowing the public sector to reach
your goals and not have so many costs
daily social problems
the investor the calouste foundation
gulbenkian and is to finance the project
for two years on the road to hatred
have been working with students in the
end of tonight’s project because
we will know if the students received the
program classes are computer science
have or not a school performance to
Portuguese mathematics 10 percent
higher
a control group that did not receive
even these good lessons like that
only paid if the results are
achieved is actually a model
all gain because the meat powder oil
sugar in your work to work
with students first want it works
and what does not is to lend
to absorb their time in the search for
months of funding as
It was already here to talk.
the public sector by can dictate the
innovation without any risk if the
things did not work and the institute
carlos social foundation that comes is
because this time can assess the impact
author in funding the area and if they
continue to see your money can
invest and will increase funding
to finance social innovation
now there are about 50 types of impact
social in the world a god in portugal
with a writing camera and hundreds in
development phase
and if we think the application may
be varied we can apply in the area of
education justice health and protection
employment and in fact the
The title of social impact is a
very important thing that is a model
business for entrepreneurs
and a model for the generation of
income of the populations with which
social entrepreneurs work and
elderly in isolation
social person always people do not
can pay for service they receive is so
subtle user of the service is not the
payer
we have to find who benefits
economically we produce the
problem is that we do it ourselves
Let’s bring more funding to
social entrepreneurs and let’s put
at the same level as dop players
were born the first months of the year
while financially it is very
beautiful and works but for me to
true innovation is social for 3 2
first because it encourages
exactly this innovation
I do not care what service you like
what matters is the result in
and is at the margin of maneuver to the
social organizations to test on
to constantly increase the
meeting the needs of their
polluting agents as investors have
money at risk and this risk can be
contested
If the results are achieved, I will
have all the incentives to work
with organizations on the ground and
learning how to send food and
to floor of an example when
We thought the academy decod dinha
we thought we had to have two
teachers in class both now at
matter
we talked with the students we do analyzes
data etc
we realized the performance was running
as well as we wanted
adjusted and that we are a new entrant in
that one teacher was teaching and another
teacher who accompanied students with
greater difficulty in the weeks
followed the overall performance of the classes
has evolved significantly or
when we perceive in school students
and less favored areas for not
if they have equipment in in
house are atheists during the period
evolves and more sharply in the
they are also mateus who after the
summer vacation 3rd vacation
Christmas is a starting point more
delay and this allows us to learn
about what works and what does not
It works out and goes by when we
we learn we make more
informed and the municipal
lisboa if one day wishes to extend to all
schools can do so knowing that
impact you want to avoid
wasting financial resources is
something that does not work and then the type of
social impact is an excellent
tool to inform policy
public and places entrepreneurs
at the center of the solution
the theme 2 we see coming to talk is the origin
It’s the beginning of things I think
very important never forget that
not the beginning of the sector
financial
Its mission is to contribute to
economic and social development of
our societies and to me the kind of
social impact is the beginning of the ten
origins of the financial sector
thank you so much
[Applause]
”
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