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Inspiring Social Entrepreneurship: Insights from CUHK Centre for Entrepreneurship

Join us as we explore the dynamic landscape of social entrepreneurship at the CUHK Centre for Entrepreneurship. Under the guidance of Prof. Hugh Thomas and his dedicated team, discover how to pursue opportunities without regard for controlled resources, maximize success while minimizing failure, and empower disadvantaged communities. We delve into the role of government involvement, profit distribution, and the challenges faced by social entrepreneurs. Learn about innovative financing options and the importance of collaboration among community organizations, educational institutes, and the business sector.

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Inspiring Social Entrepreneurship: Insights from CUHK Centre for Entrepreneurship

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  1. SE Summit – HR Panel Kevin Au CUHK Centre for Entrepreneurship December 2007

  2. Director: Prof. Hugh Thomas (Finance) Associate Directors: Prof. Kevin Au (Management) Prof. Louis Leung (Journalism) Prof. Bennie Zee (Medicine) Prof. KF Wong (Engineering) Honorary Project Directors: Mr. Mingles Tsoi Mr. Bernard Suen CUHK Center for Entrepreneurship 香港中文大學創業研究中心 Room 243, Lady Shaw Building The Chinese University of Hong Kong Shatin, N. T. Hong Kong Tel : 2609-7542 Fax : 2609-7180 Email : entrepreneurship@cuhk.edu.hk Web : www.cuhk.edu.hk/centre/entrepreneurship To Inspire a passion for Entrepreneurship

  3. Entrepreneurship • To pursue opportunity without regard to resources currently controlled • Maximize success while minimizing failure • Staged investment

  4. Social Entrepreneurship • Double bottom-line • Social entrepreneurs…tapping inspiration and creativity, courage and fortitude to seize opportunities that challenge and forever change inequitable systems…change that will benefit disadvantaged communities and, ultimately, society at large. • In Hong Kong • Government involvement, how? • Profit distribution? • Is enterprising the best way?

  5. For whom? • SE Frontline Workers • Disadvantaged groups; cooperatives • SE Managers & Directors • Social workers vs. business executives • Government officers • Community • Business executives & bankers • Angel investors, institutional investors, philanthropists • Community organizations; political parties

  6. What? • Social entrepreneurship • Motives • Drive to pursue opportunity; risk-taking • Efficacy; empowerment • Knowledge, skills & abilities • Inter-disciplinary • Team building • Salesmanship/ negotiation • Accounting/ finance • Networks

  7. What? Special Issues • Opportunity recognition • Size & industrial structure; social missions • Revenue model & business plan • Financing & resource acquisition • Stage: seed, early stage, growth, exit • Type: micro-finance, equity, loan, angels, institutional investment • Social impact measurement & report • Impact: jobs, services, social capital, competition • methods: quantitative, qualitative

  8. How? • Role models, mentorship & Executive in residence • Drive • Creativity • Opportunity / networks • Business plan competition • Inter-disciplinary • Case discussion • Entrepreneurship process • Coaching, role play, internship • Practical, hands-on skills • Action learning

  9. By whom? • Universities & educational institutes • academic programs vs. action-learning • Inter-disciplinary learning • Kauffman campuses • educational consortia • Community organizations • Co-operatives • Political parties • NGOs • Youth Business Hong Kong • HKCSS • Cooperatives

  10. Training focus • Social entrepreneurs • Opportunity not resources • Think big (global) – think small (local) • Change the world • Financing • loans, equity, philanthropists • Recipients • Government, executives, investors

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