On Thursday evening, Vancity Community Foundation, Enterprising Non-Profits, JDQ Systems and BC Social Venture Partners hosted the 2010 edition of their ‘Social Enterprise Dragons‘ event. Three social enterprises pitched their organizations to a crowd of 200, and in particular to four ‘Dragons,’ who judged their business plans and awarded prizes based on their businesses’ needs: Tamara Vrooman, CEO, Vancity; Alanna Hendren, Executive Director, Developmental Disabilities Association; Jon Morris, President, JDQ Systems; and Jim Fletcher, Managing Director, Chrysalix Energy Venture Capital.
Octopus Strategies’ involvement was through my invitation to sit on the application review and selection committee, which shortlisted the numerous applicants to the three presenting companies. Along with Adam Wilkins of REV and BC Social Venture Partners, I also coached Katrina Pacey of Pivot Legal LLP on her presentation.
Pivot was first to present. Katrina, their Managing Partner, outlined a unique social enterprise law firm, whose purpose is to turn the profits from their general law practice to the advantage of social change initiatives such as their recent Red Tent campaign.
Mission Possible‘s MP Enterprises went second. Their Executive Director, Brian Postlewait, presented an ambitious but promising plan to develop their graffiti cleanup company into a diverse general maintenance company.
And third was Public Dreams‘ Samantha Jo Simmonds, who explained their organization’s 25-year legacy, their recent success with 2010 Winter Olympic Games contracts, and their goals to develop their social enterprise—a full service event management firm.
All three presentations were inspiring. Each organization is uniting the value of business with the values of mission-driven mandates. And in the end, the Dragons couldn’t decide between them, and awarded one prize to each organization. Public Dreams was awarded a $2,500 grant from ENP, MP Enterprises was awarded a pro bono engagement from JDQ Systems, and Pivot Legal was awarded $15,000 from Vancity Community Foundation to develop their marketing and outreach.
The event itself also featured a good deal of networking among the sold-out crowd, catering by Vancouver’s Pot Luck Cafe & Catering, a social enterprise itself, and a showcase of the wares of various local social enterprises. It was a great opportunity for the social enterprising community to come together, and share ideas, contacts and plans. I look forward to being even more involved in the 2011 edition!
Tags: Red Tent, Social Enterprise, Social Enterprise Dragons, Vancity
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