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——The Angel Investment to
stimulate social innovation in China
YouChange Foundation
Madam Wang Ping, Founder and Chairperson
YouChange Social Entrepreneur Foundation
2013.10.09
The Establishment of YouChange Foundation
Project Operation Advocacy
The best route to tackle social problems, like education,
environment, and sustainability est., was to establish a new,
private foundation.
The Lag of Concepts
• Most of the non-profits in the third sector in China barely understood
and recognized the new concepts of social innovation and social
enterprise.
• Blurred definition of social enterprises
• Lack of policy towards social enterprises.
• Ongoing debates in media on whether the charity and philanthropy
shall have any connection with making money
The inefficiency of resources allocation
• The biggest obstacle to Chinese urban and rural comprehensive, balanced and sustainable development
Things we are not short of
Things we are short of
An advocator and supporting platform in social innovation
Enhance the operational efficiency of philanthropy projects
Cross-sector cooperation
Integration of resources
Capacity building
Neo-Philanthropy and Social Innovation
maximize the use of funds, pursue the fairness and sustainability
The Importance of Collaboration
• Complexity calls for vision from many angles and
participation from all stakeholders.
• The connection between decision- making of public
policies from the top down and fulfillment of social
demand from the bottom up, can only be realized by
collaboration.
Gov.
Enterprises
Academia The third
sector
The public
a supportive and promotional private
foundation
What YouChange is
7 Trends in Social innovation
• Advocate New Concepts and Ideas
• Develop New Frontiers
• Discover New Driving Forces
• Integrate New Resources
• Experiment New Methods
• Adopt New Technologies
• Nurture New Talents
• Piloting 11 programmes and supporting more than 100 fledgling non-profit organisations and social enterprises across 16 provinces.
Angel investment to stimulate development of the third sector
YouChange Social Innovation and Social
Enterprises Collective Translation
Neo-Philanthropy Research and Awareness Raising
• Philanthrocapitalism: How the Rich
Can Save the World
• Strategic Tools for Social
Entrepreneurs:Enhancing the
Performance of Your Enterprising
Nonprofit
• The Search for Social
Entrepreneurship
• Entrepreneurship in the Social
Sector
Neo-Philanthropy Research and Awareness Raising
Neo-Philanthropy Society of Scholars
Neo-Philanthropy Research and Awareness Raising
Study Tours over Taiwan, Hongkong, Bangladesh, US and Japan
Social Innovation Awards and Blue Book on
Social Innovation by Central Compilation &
Translation Bureau
Neo-Philanthropy Research and Awareness Raising
Social Innovation Column on 21st
Century Business Report
Social Innovation Carnival 2010
Social Innovation Carnival 2012
Startup Café – Social entrepreneurship 101 for university students
• Teach social entrepreneurship
and practical assistance and
mentoring to budding social
entrepreneurs in Chinese
universities and colleges
• 78 institutions have signed
up so far
• over 8930 users have
registered online
Peking University’s Social Innovation Credit Course
http://www.topu.com/mooc/3211
“Skills for Social Entrepreneurs” & “YouChange Social
Enterprise Awards” with British Council in China
Skills for Social
Entrepreneurs YouChange Social Enterprise Awards
——A non-profit organization committed
to promote the development of local
disabled people and their organizations.
Langlang Learning Potential
Development Center
——A professional institution focusing on
improving the environment of education
and the learning ability of dyslexia children.
Buy 42 Online Charity
Shop
——The first charity shop in China
1kg.org
——The voluntourism activities lauched
by a group of backpackers.
People- Oriented:YouChange’s Funding Policy
All of the world’s problems stem from mankind’s problem.
Human development is the greatest public good.
Another Mission:Find and Support Neo-philanthropy Leaders
• Find − Different from a commercial investment fund
− Even the potential is not so clear and business model is not perfect
yet, we can zoom in to see the promise and leadership in the
person.
• Capacity building and networking − Equally important as funds when we talk about supporting social
enterprises
Another Mission:Find and Support Neo-philanthropy Leaders
• Selectively use the following processes to support social
enterprises according to its development stage and needs.
− Transmission of ideas
− sharing of methods
− strategy consultation
− project design
− introducing resource factors
− recommending channels
− professional training
− evaluation services
− supportive communication network
− relationship facilitation
seed
Start-up
expansion
mature
Mr Mi Lai and His Pu Run Yuan
——A cultural education institution based on traditional Chinese culture.
Idoo Commonwealth Service Center
——A non-profit organization which provides professional
care for the disabled old person in the community.
Social Resources Coordination Platform & Volunteer Stations
Follow-up Workshops on
Disaster Management
MianZhu Social
Resources
Coordination Platform
ZunDao Volunteer
Center
71 Volunteer Stations 21 Social Resources Coordination Platform
• Aim
• Approach
• Action
3A Criteria of Social Enterpreneurship
Xixiang County Women’s
Development Association
——A professional institution engaged in
microfinance and the development of
women in rural area
Yi Zhong Community
Development Center
——A non-profit organization which
protects the interests of producers,
provides city consumers with safe food and
urban leisure
CANYOU
——A Social Enterprise committed to
promote the development of disabled
people.
Jianshi Comprehensive Peasant
Cooperation
——A Comprehensive Peasant Cooperation
aiming to cultivate the comprehensive
development ability of rural communities, and
form the neo-rural governance model.
Association for Rural
Development of YiLong
——A people-oriented organization that
alleviates rural poverty through sustainable
development.
Youchange Purong
Microfinance
Consultancy Firm
——A Social Business Dedicated
Advancing Microfinance to the Poor and
the Poorest in China
Haemophilia Association of
Chongqing
——China‘s first registered institution engaged in policy promoting
of hemophilia treatment and hemophiliac care.
YouChange is a social innovation support platform.
We are in the midst of a huge historical changes .Unlike in the past,Modern
humans have a special liking to innovation rather than revolution,this is the
new progress of human.
Innovation in essence is different from the old , It is a win-win approach,
through the means of value creation and mode change to solve social
problem,rather than using the method of zero-sum, value destroy and the
interests of the reorganization.
Instead of the confrontational, static,and closed ways, We want to use
integrational,dynamic and open eyes to look at new charity.
THANK YOU!
【Website】 www.youcheng.org
【Sina weibo】 http://weibo.com/youcheng2007(@友成基金会)
【Tencent weibo】 http://t.qq.com/youcheng2007(@友成基金会)
【Wechat】“友成基金会”