What is it about?
This session will focus on defining, mapping, measuring, and showing the social impact of your enterprise when you apply for social investment. Social impact refers to the positive and significant changes your organisation creates, addressing social, economic, and environmental challenges. Through case studies and practical examples, participants will learn basic elements of designing a social impact framework, evaluate outcomes, and communicate the value they generate help them secure investment. The session will also cover the essentials of the Social Value Act and its implications for social enterprises aiming to contribute to the UN Sustainable Development Goals.
Who is it for?
This session is tailored for leaders, managers, and practitioners of social enterprises and organisations who are responsible for defining, tracking, and improving their social impact. It will benefit those seeking to enhance their monitoring and evaluation processes and those looking to attract social investment by demonstrating tangible outcomes.
Learning Outcomes:
By the end of the session, participants will:
- Understand what social impact is and how it applies to their organisation’s mission and activities.
- Learn to create a social impact framework that underpins a well-prepared investment application. This includes identifying beneficiaries, defining goals, and establishing a clear action plan to address social issues.
- Gain skills in monitoring and evaluating social impact, distinguishing between outputs and outcomes, and understanding how to gather meaningful data from beneficiaries.
- Discover the importance of storytelling and how to communicate the value of social impact to stakeholders, including funders and investors.
- Be equipped with knowledge on aligning their social mission with the Social Value Act and international frameworks like the UN Sustainable Development Goals to leverage support and investment.