Dear friends, It's all hands to the pump here at ClearlySo as we gear up for next week's Social Business Conference, which is why this week's newsletter is looking just a little bit truncated.
Therefore, in exchange for the lack of what is usually a content-rich email, we're pleased to bring you a sneak preview of this year's welcome letter from
SBC12 chairman and ClearlySo CEO; Rodney Schwartz. This address is just the beginning of a 40 page publication that all delegates at SBC12 will receive, along with plenty of freebies and goodies that have been generously provided by our
sponsors and
partners. Not to mention the all-star-cast line up of
speakers we've secured; each preparing to discuss a range of diverse issues in what is promising to be an invaluable
agenda for any social entrepreneur to be a part of.
The room is nearly full: crammed with entrepreneurs, corporates and investors. If you still fancy attending, make sure to get your hands on the last few tickets ASAP.
Lastly, we should say a big thank you to local distillery
Little Bird Gin and organic mixers from
Fever Tree for making our G&T cocktail hour possible. We look forward to closing the event and raising a glass to celebrate with all our friends in the social enterprise sector. Hope to see you all next Tuesday in London!
The ClearlySo Team "Dear delegate, When we first considered the title of today's session - 'Moving capital in a shocked economy' - colleagues demurred. It seemed too aggressive and overtly shocking. But in truth, we are living in a world which has changed dramatically, and failure to recognise and accept this will have serious consequences.
The differences are undeniable in this world where bank credit remains severely squeezed, investors are obliged to pay for the privilege of lending to Swiss and German governments and reference interest rates are at unprecedented lows.
But for social businesses and enterprises the view is rosier. A variety of government funds and the arrival of Big Society Capital, with £600 million to invest, mean that funding opportunities for social entrepreneurs have never been better.
But these investment pools are more demanding in terms of both social impact and financial return. Also, the expectations on the social enterprise sector to deliver have never been greater. And with “payment by results” a key feature in public sector commissioning, the pressure is most definitely on.
For all of us in the social enterprise and investment sector the opportunities may be greater, but the stakes are much higher. In our own interests, and for those of the UK economy, we must not fail.
Best wishes,
Rodney Schwartz"
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