Social Enterprise In Pakistan:

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Nov 18, 2013 (3 years and 4 months ago)

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Report launch

Thursday 7
th

February 2013, 8
-
10am

Social Enterprise In Pakistan:
Unlocking Innovation Through
Enterprise Incubation

The format for this morning is:

08:00

-

Registration and breakfast.


08:30

-

Welcome from

Dylan Matthews
, Senior Associate, Allen &
Overy
.


08:35

-

Introduction,

Priya Shah
, Lead Author of Report.


08:45

-

Responses from Panellists:


-

Dr
Iman

Bibars
: Regional Director of
Ashoka

Arab World, co
-
founder and chair of Association for the
Development and Enhancement of Women.


-

Huma

Fakhar
: President at MAP Services Group and Partner at the Gulf Food Fund.


-

Ali Akbar
: Pakistan Country Director at
Hashoo

Foundation and former Head of Programme
Management at Big Lottery Fund.


09:20

-

Panel discussion and Q&A moderated by

Priya Shah
, Lead Author of Report.


09:55

-

Closing remarks from

Tommy Hutchison
, Founder and CEO,
i
-
genius.


10:00

-

Networking and refreshments.



#
socent

@
PratikEPG

Our speakers for this morning are:

Priya Shah

Lead author of this report; Consultant
at EPG; Programme Manager at Asia
House; and lead author of
Frontier
Markets: Pakistan.


Huma

Fakhar

Founder and Managing Partner of
MAP Trading and Investment UK,
providing marketing, trading and
investment services globally;
Managing Partner of Gulf Food Fund;
and Chairperson of the Brains Trust,
the Evian Group’s political economy
think
-
tank in Switzerland.




Dr
Iman

Bibars

Founder and Regional Director for
Ashoka

Arab World; Leadership
Group Member and Global Diaspora
Leader at
Ashoka
; co
-
founder and
chair of ADEW, a CSO providing
credit and legal aid for impoverished
women; Peace Fellow at Georgetown
University;
Parvin

Fellow at Princeton
University; author.


Tommy Hutchison

Founder and CEO of
i
-
genius; Visiting
Fellow at Liverpool Hope University;
and Advisor to Hunan University.
Previously Tommy worked in the City
as an aerospace analyst before
becoming Political Advisor to NatWest
and then Director of the Industry
Forum.

Ali Akbar

Social development practitioner;
Pakistan Country Director for
Hashoo

Foundation; has established country
programme office in Pakistan for
Voluntary Service Overseas, helped
establish Strengthening Participatory
Organization; managed programme
portfolios of over 500 million pound
for Big Lottery Fund.









#
socent

@
PratikEPG

EPG Economic and Strategy Consulting, 78 Pall Mall, London, SW1Y 5ES

www.economicpolicygroup.com


Priya Shah

Thursday, 7 February 2013


SOCIAL
ENTREPRENEURSHIP IN
PAKISTAN

Unlocking innovation through
enterprise incubation

The Scope for Social
E
nterprise in Pakistan

Landscape:



In
Pakistan,
66%
of the population
of 187 million lives
at the
base
of the pyramid,
under
US$2
a day.


Low
-
income
communities lack adequate access to healthcare, education, water,
energy, and
housing.


Similar to most developing countries, the government and the
private sector have not
been
entirely able
to fill the gap
for the provision of
goods & services


this is where
social enterprises come in.


Opportunity:



A wealth of natural resources is untapped across the energy, agribusiness and mining
sectors.


Two
-
thirds of the population is under 30 years old; there is a need for stronger
vocational training and empowerment of able
workforce.


Technology & innovation can be used to boost local enterprises.


A number
of foundations and social intermediaries are already active in this
space.




Page
5

The Report: Why Business Schools?



Business
schools
represent a highly skilled segment of the education sector. They can be
the launching pads for social innovators
with the right inputs. There
are 99 higher
institutions
offering business education in
Pakistan.



P
restigious universities (LUMS, IBA) can leverage global networks to build incubator hubs
in Pakistan.



The
provision of management, innovation and skills training
is vital for
the next generation
of
entrepreneurial businesses.



Alumni
networks
through business schools can
continue to mentor young
entrepreneurs
through fellow and accelerator programs.



Case studies from other markets, such as India, can be used to assess replication in
Pakistan (e.g. IIMA incubator hub in India).


Page
6

The Report: Key Findings




Pakistan
has a thriving entrepreneurial culture that can be
harnessed
effectively by
business
schools.



Fellows
system and mentorship networks are key to capacity building and providing
post
-
investment management
assistance.



Grassroots
activities now need to translate to the policy
level (Social Innovation
Coalition).


Page
7

Insights & Recommendations

The Incubator Model










Page
8

Government
Support
Research and
Development
Funding
Infrastructure
Technical
(initial
expertise
f or
business
,
sales
,
marketing
etc.)
Organisational
(management
inputs plus
relational support f or
human resources
development
)
Inf rastructure (providing
initial capital, land
,
equipment)
Private investors
Goverment grants and
donations
International
publications
Research
grants
Faculty
-
Student
ratio
(indicator of
quality
assurance)
Campus
area
,
computers, Bloomberg
and
Reuters
terminals,
Library
Incubation
centre
f or
business start
-
ups
:
provide initial seed
f unding
Self generating
f unds
(regular, executive
courses, vocational etc
courses)
Business
Education
Source: EPG

Insights & Recommendations

A Value Chain Analysis










Page
9

0
1
2
3
4
5
6
Faculty
Development
Program
Students
Development
Program
Faculty
Renumeration and
Awards
Faculty Education
and Exposure
International
Faculty
Development
Program
International
Students
Development
Program
Industry Linkages
Research
Environement
Scale (1 is Bad, 5 is Excellent)
LUMS
IBA
SZABIST
Bahria
NUST
0
1
2
3
4
5
6
Faculty
Development
Program
Students
Development
Program
Faculty
Renumeration and
Awards
Faculty Education
and Exposure
International
Faculty
Development
Program
International
Students
Development
Program
Industry Linkages
Research
Environement
Scale (1 is Bad, 5 is Excellent)
Harvard
MIT
CUNY
Stanford
Yale
Source: EPG

Insights & Recommendations

Social Innovation Coalition



Stakeholder Dialogue:
Various players involved in knowledge transfer around social
entrepreneurship; unit maintained through a secretariat.



Social
Investment
Fund:
Financial



intermediary groups responsible for investment


allocation
, sector due diligence


and
risk
diversification.



Innovation
Lab
:
Research
unit
where


technological advances are utilised in


social enterprise scaling.



Cross
-
border Entrepreneurialism
:
Social


innovation
models, implemented in other



emerging
economies,
are replicated
in



Pakistan.

Page
10

Social
Innovation
Coalition
Stakeholder
Dialogue
Social
Investment
Fund
Cross
-
border
entre
-
preneurialism
Innovation
Lab
Conclusions

Key Takeaways:



Public
and private investors can play an instrumental role
in shaping the ecosystem
and
unlocking the full potential
of Pakistan’s
social
entrepreneurs.



Raising
both investor confidence and entrepreneurial confidence is
critical to this
process


role of education
, mentorship and
training programmes.


Calls to Action:



Interlink various institutions and players to create dynamic shifts and implement long
-
lasting policies to foster social innovation.



Empower entrepreneurs
to deliver hybrid financial and social return on
investment.


Page
11

THANK YOU

Priya

Shah, Consultant, Economic Policy Group