Presentation by Margie Mendell of Concordia University at the ANSER Annual Conference in Montreal on June 2, 2010.
Examines how social economy organizations (SEOs) access and utilize external financing in Atlantic Canada.
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Surveying the Financing of the Social Economy: Demand, Supply, and Gaps
1. Financing the Social Economy Demand, Barriers and Gaps George Karaphillis Cape Breton University Community research project collaborators: Seth Asimakos ( Saint John Community Loan Fund ), Peter Hough ( Canadian Community Investment Network Co-Operative) Funding from the Social Sciences and Humanities Research Council of Canada*
10. SEO Profiles Reasons given for not pursuing external financing No need 36% Prefer donations 29% Board members, trustees won’t take risk 8% Management / Director won’t take risk 2% Not enough income 5% Not enough assets 4% Banks don’t understand us 3% Legal restrictions preventing borrowing 4% Other 11%
* Add any other sources of funding or logos of affiliated organizations or institutions, if you wish Bridging, Bonding, and Building / Renforcement des liens et des capacit és
Atlantic Node Research Goals/Objectives A. Contributing to the theory and practice of social economy in the Atlantic region B. Internal bridging, bonding, mentoring & capacity building C. Encouraging use of the “social economy” as a framing concept in the region Linking Atlantic partners with other parts of Canada and the world Atlantic Node Research Themes and Questions Conceptualizing & describing the social economy in Atlantic Canada What does the social economy look like? What needs does it address? How can we best capture this sector conceptually? What, if anything, makes it distinctive or innovative? How interconnected are its facets, & to what effect? What are the characteristics of social economy organizations? What are the implications for government policy? Policy inventory and analysis How are different understandings of “social economy” reflected in government policy? What needs are not being met, & what changes are needed in regulatory environment? What indicators can we develop to aid in policy development? Community mobilization around issues of common concern (natural resources; food security; inclusion and empowerment) Do social economy organizations contribute to social inclusion, the democratization of the economy, & empowerment? What inputs are needed to overcome obstacles & build capacity? What can we learn from research on mobilization around food security, empowerment & inclusion, community management of natural resources & energy? Measuring and Financing the Social Economy What can social accounting, co-operative accounting, social auditing, & other techniques contribute towards a better understanding of the work and contributions of social economy organizations? Where do social economy organizations obtain the financing that they need? What do social economy organizations contribute toward financing the social economy? Modeling & researching innovative, traditional, & IT-based communication and dissemination processes How can social economy actors best communicate? What can our Network team members contribute by developing & modeling processes and techniques? What can be gained from exploring technology as an equalizer vs. technology as a barrier?
Atlantic Node Research Goals/Objectives A. Contributing to the theory and practice of social economy in the Atlantic region B. Internal bridging, bonding, mentoring & capacity building C. Encouraging use of the “social economy” as a framing concept in the region Linking Atlantic partners with other parts of Canada and the world Atlantic Node Research Themes and Questions Conceptualizing & describing the social economy in Atlantic Canada What does the social economy look like? What needs does it address? How can we best capture this sector conceptually? What, if anything, makes it distinctive or innovative? How interconnected are its facets, & to what effect? What are the characteristics of social economy organizations? What are the implications for government policy? Policy inventory and analysis How are different understandings of “social economy” reflected in government policy? What needs are not being met, & what changes are needed in regulatory environment? What indicators can we develop to aid in policy development? Community mobilization around issues of common concern (natural resources; food security; inclusion and empowerment) Do social economy organizations contribute to social inclusion, the democratization of the economy, & empowerment? What inputs are needed to overcome obstacles & build capacity? What can we learn from research on mobilization around food security, empowerment & inclusion, community management of natural resources & energy? Measuring and Financing the Social Economy What can social accounting, co-operative accounting, social auditing, & other techniques contribute towards a better understanding of the work and contributions of social economy organizations? Where do social economy organizations obtain the financing that they need? What do social economy organizations contribute toward financing the social economy? Modeling & researching innovative, traditional, & IT-based communication and dissemination processes How can social economy actors best communicate? What can our Network team members contribute by developing & modeling processes and techniques? What can be gained from exploring technology as an equalizer vs. technology as a barrier?
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