COVID Response Alliance for Social Entrepreneurs

As an Alliance, we share a responsibility and an opportunity to contribute at the scale that we collectively represent as a network. Our 2021 Roadmap involves an ambitious, member-led action portfolio of over 20 projects across 10 areas in which change is vital.

The Roadmap builds on our action agenda, and outlines specific actions we will take together. Importantly, all clusters and projects are led and delivered by Alliance members. An overview of each action area, underlying projects, and dedicated leads is provided below.

1 | REGIONAL MOBILIZATION

To respond effectively to the COVID crisis, connecting with those working on the ground is key. A risk with global Alliances like ours is that efforts fail to effectively connect to and support these frontline organizations or even recognize local realities. This Action Cluster will focus on building bridges between our global activities and the critical work of regional actors and entrepreneurs.

Cluster Leads:
Agora Partnerships, Aavishkaar Group, Impact Hub

2 | NON-FINANCIAL SUPPORT (NFS)

COVID-19 has been particularly challenging for social entrepreneurs, many of whom have found themselves fighting for their own survival while simultaneously stepping up to ensure the wellbeing of their communities. This Action Cluster investigates the unique needs of, and corresponding support required for social entrepreneurs on their path to scale and impact. Its goal: Ensure that the right support reaches the right social entrepreneur at the right time.

Cluster Leads:
Agora Partnerships, Miller Center for Social Entrepreneurship

3 | ACCESS TO CAPITAL

COVID-19 has exacerbated systemic challenges, including the $1tn p.a. financing gap among social enterprises and small and growing businesses (SGBs). This Action Cluster will provide a learning, convening, and action platform surrounding the capital needs of social entrepreneurs.

Cluster Leads:
Collaborative for Frontier Finance, Open Road Alliance, Roddenberry Foundation

4 | CORPORATE ACCESS

As suppliers and partners to larger corporations, social enterprises and social business have an opportunity to work with, educate and inspire the private sector and help facilitate a bigger social impact alongside business success to help drive an inclusive recovery. This Cluster will source ‘corporate ready’ ventures from within our community, while providing the insights, tools and concrete mechanisms for corporations and social entrepreneurs to work together.

Cluster Leads:
Acumen, Euclid Network, IKEA Social Entrepreneurship, Yunus Social Business

5 | LEADER & STEWARDSHIP

Social entrepreneurs across the world are leading the way in reinventing economies and building an inclusive, sustainable society for future generations. Yet, their agendas, solutions, and expertise often fail to come to the attention of local and global decision-makers. This Action Cluster will strengthen our collective stewardship and leadership muscle as an Alliance and as a sector to help drive an inclusive recovery by using our shared expertise and platforms.

Cluster Lead:
World Economic Forum

6 | STORYTELLING

Stories that capture the concrete solutions and lessons learned by social entrepreneurs and innovators can be used to scale high-impact solutions, trigger behavioral change, and ultimately, inspire a change in values. This Action Cluster brings together the work of social enterprise champions with mainstream media, influencers, and event organisers to align messages, stories, and media interventions as a collective for greater impact.

Cluster Leads:
Catalyst 2030, Thomson Reuters Foundation

7. DATA & INFRASTRUCTURE

A lack of ‘real-time’ connection and communication with social entrepreneurs has hampered our ability to develop a shared, ‘live’ understanding of what’s needed on the ground and to channel much-needed resources to these entrepreneurs quickly. This Alliance Action Cluster aspires to build a direct, shared, and lasting connection to the entrepreneurs in our networks creating a shared enabling data infrastructure.

Cluster Leads:
Euclid Network, Impact Hub, SAP

8 | POLICY CHANGE FOR A SOCIAL ECONOMY

Public sector leadership is critical in keeping our societies and economies on their feet. At the same time, with the path towards the 2030 Sustainable Development Agenda being long, private sector action is key. This Action Cluster seeks to spur policy change by accelerating social and sustainable enterprises and their solutions as key contributors towards an inclusive recovery.

Cluster Leads:
Catalyst 2030, Euclid Network

9 | RACIAL EQUITY

Systemic racism is a pervasive global factor in the decision-making processes of philanthropic and investment industries resulting in Black leaders and other leaders of color facing a significant barrier to capital necessary to start organizations and scale their work. This Action Cluster seeks to raise awareness around these systemic issues and develop a roadmap to address racial disparities in our sector, most notably in giving and investment.

Cluster Leads:
Echoing Green, Schwab Foundation

10 | GREEN BUSINESSES

The COVID-19 crisis, combined with climate change, nature loss, and pressure on resources, has put communities across the globe under extreme pressure, affecting incomes and livelihoods. This Action Cluster seeks to instil critical environmental and conservation practices among enterprises everywhere, with the goal of building more resilient, diverse livelihoods that safeguard natural habitats.

Cluster Leads:
WWF International

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