College of Business Administration

Agenda
Social Enterprise Institute
Who is your favorite entrepreneur?
What is SEI and what does SEI offer students?
Domestic Programs
International Programs
Resources for student engagement & research
Social Entrepreneurship
Social Enterprises
Hybrid models, for-profit vs. non-profit models
Playpump, Root Capital, Acumen Fund, Kickstart, Kiva and Nutriset

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Who are some of your favorite

social entrepreneurs?

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Who are some of your favorite

social entrepreneurs?
“Business is about problem-solving, but it
does not always have to be about
maximizing profit. When I went into
business, my interest was to figure out
how to solve problems I see in front of
me. That's why…I created Grameen
Bank. So you can also have social
objectives. Ask yourself these questions:
Who are you? What kind of world do you
want?”
Muhammad Yunus

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Another favorite entrepreneur

“The Social Enterprise Institute
at Northeastern University
is grounded in the belief that
business can be one of the most
powerful weapons to alleviate
poverty and empower people
living in developing countries.”

Dennis Shaughnessy

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What is SEI and what does SEI

offer students?
Domestic Programs
International Programs
Resources for student engagement
& research

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 College of Business Administration

What is SEI and what does SEI

offer students?
Domestic Programs
Citizen Schools (urban engagement for middle school
students)
New urban micro-finance loan program for resettled
refugees in the Boston area

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What is SEI and what does SEI

offer students?
International Programs
Field Study Programs (Dominican Republic, South
Africa)
New site locations include Northern India & the
Himalayas as well as Central America
Incorporate growing student interest in new emerging
fields

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Field Study Program Site Locations

Summer 2010
Summer I 2010
Southeast Asia Program (new): May 3-30 (in progress)
Dominican Republic Program: June 1-27 (village banking &
rural micro-finance, research emphasis)
Summer II 2010
Belize Program (new): June 29-July 25 (“green” or sustainable
environmental development emphasis)
South Africa Program: July 27-August 22 (urban entrepreneurs,
consultation emphasis)
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South Africa “Field” Study Program Summer

2008

NU students participated in a weekend of

service to volunteer with orphans in the
township of Gugulethu. The service project was
in collaboration with another business NU-
TSiBA consulted with called Mhani Gingi,
which means “creating wealth together” in
Xhosa.

Here, College of Arts and Sciences (CAS)

middler Colette Kessler is featured with CBA
Marketing junior Johanna Spittle and CBA
Finance junior Katy Jerdee playing with several
orphans from Gugulethu. Below, CAS middler
Danielle Dobson stops to pose for a photo.

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What is SEI and what does SEI

offer students?
Resources for student engagement & research
Incubator program
Grants for student research and co-ops (int’l and
domestic)

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Early Social Entrepreneurship

Projects
Microcredit program in a UNHCR refugee camp in
Zambia
Microenterprise consulting program in the favelas
of Rio deJaneiro
A publishing start-up providing “peace” books for
Nigerian schoolchildren
A social networking site for newly diagnosed
cancer patients in the greater Boston area
A community outreach program to assist Boston
public school graduates in closing the “unmet
need” in financing a college education

Meheba Refugee Camp, Zambia

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What is Social Entrepreneurship?

An emerging discipline within entrepreneurship
Fastest growing segment known as “social business”

Employing traditional entrepreneurship principles to address social

problems such as poverty, disease, illiteracy and inadequate housing
“Changing the world” through business

Includes both non-profit and for profit business models, and global
and local enterprises and initiatives
Leading business schools almost universally have SE programs:
Harvard, MIT, Wharton, Stanford, Duke, Columbia, NYU

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Social Enterprises
using business solutions to end poverty

Non Profit Organizations

Kiva.org, Acumen Fund (non-profit venture fund)
For Profit Models
Banco Compartamos, Nutriset
Hybrid Models
For profit with a non-for profit in one
Famous examples include Aravind Eye Care, FreePlay
Energy, (where end user is not the same as the client),
Grameen Bank

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Videos
Acumen Fund:
http://www.youtube.com/watch?v=hGJMIMYIhl4
Kiva.org
http://www.youtube.com/watch?v=MXk4GUGXNTQ
Nutriset
http://www.youtube.com/watch?v=6VSCMoRDp2c

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