Socifaction — Social Business Initiative

SOCIFACTION [social satisfaction] is an accelerator program designed for passionate young individuals with ideas for solving social and environmental issues. We bring the aspiring social entrepreneurs from idea stage to a sustainable business model that solves the social and environmental challenge.

At the heart of SOCIFACTION is social business. It means we are passionate about solving the world's major challenges with sustainable business models. We believe that all businesses can and should be created to contribute to a happier society and better environment. This also means we stick to the 7 principles of social business during our accelerator workshops.

And, of course, let's not forget the principle of YY [joyful noise in Japanese], which symbolizes the 7th principle of social business-DO IT WITH JOY.

Do you have an idea for a happier, more efficient society? You may be able to join us! Application starts at the end of April. To apply, you must submit your idea and motivation within THIS online form. Teams of up to 3 individuals are welcome. Oh, and you should be 18-29 years old, since this is an Erasmus+ project for youth. 


[However, we encourage anyone above and beyond this age to change the world for the better with their ideas and actions!] 

Who we are

How we do it

Hands-on approaches and creative experimentation are the key elements of the program. Our participants are encouraged to go out into the world and test their ideas. They talk to people and find out their needs and desires to design products and services for real customers.

The Program

The SOCIFACTION project runs in 2 cycles. 

1st cycle - January to April 2015
2nd cycle - July to December 2015  

The program is made for applicants from Latvia and Lithuania.
At the moment there are 40 Socifactionists developing their ideas with the support of mentors.
For the 2nd cycle we will select and teach 60 young entrepreneurs.

This is how it works:

There are 3 parts in the Socifaction accelerator program:
4 intensive[ly] creative days of 
*IDEATION
*DESIGN THINKING
*LEAN START UP
*SOCIAL BUSINESS MODELLING

3 months of mentoring
Each team is supported by an individually assigned mentor.
See our mentors here.

4 intensive[ly] creative days of
*VISUAL COMMUNICATION
*BRANDING
*SALES
*FINANCE

On every step of the way Socifactionists have to practically test out their ideas and hypotheses. 

Check out how we did in first cycle with 40 participants:

Participant Teams

  • Klasesbiedri 013

    Upcycled clothes and furniture

    Team: Sigita Žagata.

    We are upcycling used clothes and furniture, saving our beautiful planet Earth by not using new resources and educating people about the importance of ecology.

    Right now we are in the process of research and the making of our first design line

  • Maskackas komanda

    Kas notiek Maskačkā?

    Team Members: Austra Stupele, Aksels Bruks, Paula Jansone, Andris Kudors, Tīna Treimane.

    Create a culture point in the notorious Riga neighborhood 'Maskavas forštate', thus refreshing social and cultural there.

    At the moment we are designing our business concept and planning possible public events. We are getting ready to present our ideas to sponsors and local authorities for support. Also we are looking for other initiatives that are interested to join our plan or share the location.

    Check us out: https://www.facebook.com/liksna

  • Img 0614  1

    Juice Center

    Team: Agnese Rukšāne, Niko Lapiņš, Kristaps Līcis

    A place for a healthy life style, music, art and juicy atmosphere. We also do delivery. Currently we are working on the packaging and design to make our first delivery.

  • Ja

    That's the Case

    Team: Elena Cistiak

    Cases for mobile phones with prints of paintings of orphan children

    Stage: Market research & idea's modification

  • Business zane 8

    MIMI

    Team: Zane Vasiljeva

    "MIMI" is a buy one - give one business model as a solution to the bad situation in foster homes. For every healthy snack purchased, "MIMI" will donate a snack to a child in a foster home in Latvia.

    Stage: Testing business model and business potential in Latvia

  • 11025905 10206479466611441 3177861966119299807 o

    Youth culture cafe at countryside church

    Idea: To create a place for building a community and mutually supportive relationships in the town of Rezekne, where one can eat well and have a good time. There one will find like-minded peers, learn new skills and find new ideas, helping each other grow and allow to just be themselves.

    Stage: Finding partners and sponsors

  • Moms radio

    Moms’radio (Mamuradijas.lt)

    Idea: Creating a community of socially active new mothers through a radio platform. We encourage  them to interact with each other, learn from the online articles and purchase a unique audio fairy tale for their babies - let's grow together!

    Stage: Changing  the concept of custom-made audio fairy tales according to the data got from customer research and improving the user experience of our website.

  • First aid app

    First Aid App

    Idea: Provide First Aid training to various businesses, schools and organizing short-term First Aid training for the public.

    Stage: Strategic planning, negotiations with volunteers and trainers, looking for first financial support.

  • Treehouse project

    Tree house project

     A tree house and entertainment family park 

    Stage: setting the Tree house park vision, making Business plan.

  • Kapsulings

    KAPSULINGS

    Ance and Valters have created a capsule filled with tasty and healthy herbs and spices that one can use to make tasty hot milk drinks, coffee, add it to porridge, soups and other meals. The herb mixes are made according to the Ayurvedic healing tradition. Get to know them here (Latvian): http://kapsulings.lv

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    TWACH

    TWACH (this will also change) aim to make fashion more sustainable. They use second-hand clothes and materials to create designer clothes.

    some will say it’s clothing. some will say it's a thing. but in fact we are just TWACHing  in other words - changing follow TWACH on FB: https://www.facebook.com/twach.clothing/timeline and Instagram: https://instagram.com/twach.clothing/

  • Lucavsala

    LUCAVSALA ECO-COMMUNITY

    Lucavsala eco-community are preserving and creating an urban garden in Riga, giving urban dwellers the opportunity to grow their own food and to enjoy nature. They host events, involve the locals and attract new activists to create a community which values nature, peace and organic food.

    Find out more here (Latvian): http://lucavsala.org

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    ADVENTURE SPIRIT

    Adventure Spirit are an NGO with a rich experience in youth leadership training as well as fun outdoors events. They have joined Socifaction to develop their project Tree House creating wooden hotels on trees for outdoors adventure seekers.

  • Delve

    DELVE

    Delve is a platform of digital curation and valuable information for young people. They feed the brain and inform about events in Latvia. They reflect on meaningful topics to stimulate the growth and understanding of the world, giving information relevant for both everyday and academic pursuits.

  • Vkk ddr3

    VISUAL CULTURE CLUB

    Strong and active communities that are contributing the development of their town – that is the vision of social innovation accelerator "Thought. Done. Created" developed by Visual Culture Club NGO. It is an innovative youth training program for small and medium municipalities dealing with depopulation and aging of the society that engages local youth and helps to build the sense of community. Visit their website for the latest updates: www.vkklubs.org

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    NEZVĒRS

    Nezvērs are serving delicious, juicy, plant-based burgers to satiate your voracious, beastly appetite - fast & healthy! Seeing that a lot of the global climate challenges are created by intensive cattle farming, these entrepreneurs have created a cruelty-free and nature-friendly alternative you can't resist! They participated in the 1st program and got our grand prize - experience trip to the UK!

  • She fix logo

    SHE FIX

    SHE FIX is an emerging lifestyle brand based on the principle of women empowerment through urban sports and creative activities.

    They host weekly events 'Dāmīšu saripošanās' where the active sports loving girls get together for the fun of skating, Inline, BMX, Longboarding and Rollerderby. Check out their Facebook page for the latest updates: www.facebook.com/www.shefix.eu

  • Screen shot 2016 01 19 at 13 13 04

    LĪKSNAS 26

    These passionate activists are creating a culture hub in the notorious suburb or Riga Maskavas forštate, thus refreshing social and cultural atmosphere in the neighborhood.

  • Sulu centrs

    JUICE CENTER

    Sulu Centrs or Juice Center make fresh juices and smoothies and deliver them to your office or home. You can taste their healthy and refreshing juices in festivals and small events as well.They are currently working on their product development to create more variety in their offers. Check out their facebook page for the latest updates: https://www.facebook.com/sulucentrs/?fref=ts

  • Vilina logo

    VILINA

    Handmade wool mittens & socks- created for you by the artisan you choose. 

    These passionate entrepreneurs are reviving the valued knitting tradition of Latvian grandmas and linking it to buyers in France and Netherlands (for now) Vilina team won the 2nd cycle grand prize - an experience trip to the UK.  Follow their latest updates on : https://www.facebook.com/VilinaKnitwear/timeline

  • B well logo 1

    B*WELL

    These 3 enthusiastic friends came together sharing a common interest in self-growth and seeking a deeper and more authentic understanding of the self . Their big idea is to create a retreat house where others would get the opportunity to experience coming closer to one's soul, relaxing and rejuvenating from the daily hassles, being close to nature.

  • Screen shot 2016 02 09 at 21 20 53

    CHU

    Three ladies Liga, Vlada and Kristine who are lucky enough to buy organic fair-trade rice in Latvia unfortunately face the situation that still it is a great challenge to buy healthy chewing gum that makes no long term damage to one’s health. Therefore the girls came up with their own solution –healthy, tasty, eco chewing gum.

    Chuˇ will be made of organic locally grown ingredients and based on bees' wax. Chuˇ  - tasty to chew,  - improves not harms your health,  - when you are done with it, it decomposes,  - and each chewer will get a little message  - animation with a one-liner  - printed on a wrapper.

  • 12243103 852773024821537 6347093285892624861 n

    SOCIAL TAXI

    It's the unique service that helps people with movement disability travel wherever they want.  With specially adapted taxi they can reach work, hospital, university, various organisations, theatre, cinema or shop. This service is already available in four Lithuania and one Latvia town and leaded by Jonas Mulevičius. 

    Social taxi is not only transporting people – the drivers also help their clients to step out of home, carry bags, sit in and provide escort.  Attention is dedicated for the quality of this service: taxi drivers (and volunteers) are specially trained to provide first aid, to communicate, have other important skills.

    COOL

  • Coolukis4

    Cool ūkis

    It‘s the community that unites old farmers and young gree-minded urban residents. Young citizens have a wish to grow vegetables and herbs, learn more about gardening, they care about  the environment around them.  At the moment elderly people in the city‘s suburbs or smaller cities have an unused land, which they already can‘t take care of. They would like to talk, share their experience and give away some of the yield in exchange. The purpose of this social business is to bring people, who want to share farmlands and those, who want to grow their own vegetables together.  Such business should start in nearest spring, the idea is developed by Simona, Austė Černiauskaitė and Ieva Česnulaitytė.

  • Marina2 kirpta

    LECH LECHA

    The title means „go into yoursef“. This social enterprise aims to

    create „fashion with a viewpoint“.  Young fashion designer  Janina Zibireva ir creating handmade jewelery and  accessories together with vulnerable, socially excluded people at the social care (day) centres.  The new accesories are being made from old garments, other textile products.  LECH LECHA provides work for homeless, their products are made with an unique style and deep breath of the joy of life.

  • 127

    GABUS.LT

    Having bunch of experience in educational field Mantas

    Žalkauskas decided to create a crowfunding platform for schools. Why for schools only? Mantas says a school pupil sometimes lacks just a little push forward – for example, a musical instrument or a ticket to the important sports game to participate in – in order to develop his talent. While taking part in this project, schoolchildren learn to create an additional value for their school, class, learn new skills and creative exellences. The creators of the platform invite all socially responsible people to finance the initiatives of the youngsters, but also require the pupils to find a way to give investors something in return, maybe some result of the used possibility or a newly created product.

  • Inovatoriu slenis

    THE VALLEY OF INNOVATORS

    It's a space for various camps, workshops, meetings ofsocial innovators, surrounded by unspoiled nature. The area is founded at the former premises of a monastery and still being repaired. It's not only a place for team building, various social, cultural, educational projects, but also involve a local citizens (who are cooking for the guests, giving lectures about the bees and apiary). Residents of local community have a chance to earn a decent wage providing various services for guests visiting this valley and people who come use a co-working and training space in calm, nature surrounded environment.

  • Ka veikia vaikai

    WHAT ARE THE KIDS DOING?

    In nowadays fast-moving world not every parent has anotion, what his son or daughter is doing now. That's why organisation „Mentor Lithuania“ have created a training course for parents „What are the kids doing?“. It's created for parents who want to prevent teenagers from getting into various addictions, such as drugs, alcohol and tobacco. The training course consist of facts, advises, tasks, test and video material.

  • Img 8627

    CITY IS A LAB

    Today urban population is growing with exponential rates

    and cities are becoming more congested, not enjoyable to live in, thinks "City is a LAB" team– creators of this enterprise.  Renata, Goda, Dominykas, Agnė, Eglė and Gintarė are sure urban dwellers need to see an example on how to adapt in the city environment. Thus, project „Miesto Laboratorija“ ("City is a LAB") is an incubator for sustainable city ideas, eco friendly initiatives that could be easily adapted in the daily lifestyle of the urban resident. Team aims to build a self-sufficient house, which would serve as a community restaurant, an education center, where urban residents can come and learn to practise more green lifestyle.

  • Crrency komanda

    CRRENCY

    This platform aims to change the current monetary situation. Nowadays people in the society are feeling like strangers to each other. People cannot feel free because the banks  can easily influence their savings.

    „Crrency“ – a social business created by Eimantas Matulaitis, is the smart phone app, which enables people to form their own economical circles. Allows to create an area where people would swap products and services, decide on their own, how their country‘s currency should function. If such idea would be implemented, people would become more resistant to various economic crises, payments would be more clear.

  • Socialinis veiksmas

    SOCIAL ACTION

    Three workers from an NGO "Socialinis veiksmas" offer an alternative team building service for business companies. Their employees can take part in specific volunteering projects, where they help an NGO to  solve a problem simply meet the NGO needs. Employees of big international enterprises often have skills and competences, which NGO‘s lack. Although it‘s a rare example that those two organizations meet, help each other and create an additional value – „Social action“ strive that such collaboration would be useful for both sides.

    This social business use skills of employees and make a volunteering an exceptional experience for them.

  • Namas medyje

    THE TREEHOUSE PROJECT

    The idea of building small treehouses was born after Simonas Naudžius asked his friends whether using their skills they could build one. Evening discussion evolved into a social business.Their aim is to sell treehouses for families, for kids to play and feel the wilderness of childhood. Money coming from the sells would be used to build a treehouse park where kids from orphanage could play and feel the joy of having a free and joyful childhood.

  • 10376996 10203749325440712 2797672431517830785 n

    MOM'S RADIO

    Gintarė, Ieva, Laura, Dovilė and Monika already run a radio dedicated for mothers, but decided to create a few new products under this brand. 

    They organise events, photoshoots for „newly baked“ mothers, started to create customized fairytales to promote reading for your children. Revenue from products and services are used to launch social initiatives for families. Team members think that a stereotype of a mother, closed with a newborn between four walls should be destroyed. They encourage women to dedicate some time for other activities, feel the common sense with other mothers and be inspired.

  • Komanda

    INITIATIVES OF ANIMAL WELFARE

    The idea of this team, leaded by Beatričė Vaitiekūnaitė, transformed as they took part in „Socifaction“ project. At first team developed an idea of mobile animal clinic, which could enable to take care of stray cats and dogs, while providing paid veterinary services for the owners of cats and dogs.

    Hovewer it was soon realized that such project requires too many initial investment and it's payback is quite small. Team re-brainstormed their idea into „Murmarket“ – it was a shop selling accesories and clothes with animal drawings and prints. Good are wool-free, leather-free and the revenue flows to help animals in animal shelters. At the moment team have developed one more idea to produce coffins for animals.

  • 11148670 1117953334897668 3727133848660310431 n  1

    ELDERGARDEN

    It's a social business alternative for the retirement homes. Two young women Aurelija and Kristina had found out that adults, who bring their old parents to the retirement home, do this only because they lack time to take care of their older relatives through the workday.

    Eldergarden would be a stationary day center for old people, where they receive reabilitation and physical therapy. Attention, growing old actively, significant leisure – in the words of this business idea authors, these are they elements that create dignified retirement.

  • Ssd mopt 1

    FIRST AID

    The main idea of the „First Aid“ team is to teach school pupils essential skills that could save a stranger's or a friend's life someday. Those, who finish the course are named „young school paramedics“, equiped with medical tools and are approved to be able to provide first aid if anyone in school gets in trouble.

    In a while the paid first aid courses are organized and sold for employers of companies, driving schools etc. At the moment (about a year after a finnish of the first „Socifaction“ cycle) this team is carrying out the pilot project in 6 schools of Lithuania. They already prepared instructors to lead the paid first aid courses. Edvinas and Augustas says the biggest challenge now is time – because it takes long to teach kids those skills.

  • Unnamed  1

    The map of sightseeing places suitable for disabled people in Druskininkai

    For example, if a disabled person arrives in Druskininkai with a girlfriend/boyfriend, he/she will not just sit around in a hotel room...
    What to see, where to go, so that there be less headaches. The main goal of this initiative is to facilitate disabled people vacations in Druskininkai, so that they can plan their time purposefully and really know which routes and tourist attractions are suitable for the disabled.

  • Unnamed

    Caffe which employees deaf people

    Deaf Youth Organization member Martynas Lankutis is from Kaunas,  Lithuania and he has decided that Kaunas city is in a need of creating something that no one in the Baltic states has ever seen before. Deaf cafe, which is employed only by deaf peole.

    Probably everyone raises the question - how visitors will be able to oder drinks or snacks? It turns out everything is simple when you mix this wonderful idea with creativity. In a café visitors on the tables will have wooden cubes with colored sides. Green color which stands for - the customer is ready to order and red means that the customer is ready to pay the bill. If you want to order you just have to point to the meal or a drink you want to order. Also Martynas is considering the idea to print the sign language symbols in the meniu, so that the visitors can try to order using sign language.

  • Unnamed  7

    Mobile application for the blind or partially-sighted

    Partially-sighted Lithuanians Aivaras and Audrė formed and began to develop an a mobile application for the blind and visually impaired, which would help those people to watch movies in theaters. The film would be simultaneously translated, which would enable the blind or partially sighted people who do not speak English, go to the cinema.

  • Unnamed  2

    Disabled people in Web and IT buisness

    Ricards Muourins  is a disabled person from Riga, Latvia. His idea is to involve disabled people in Web and IT buisness.

  • Unnamed  5

    ​A radio station for disable people.

    Latvians Edijs Fuksis and Edgars Grebežs are the duet, who came up with the idea of a disable people radio.

  • 21 aktual2

    Employment of people with mental disabilities

    Public education and employment of people with disabilities, such issues shall be addressed by Elena Ivančenko's initiative, an icehouse, which employs persons with mental disabilities, such as the Down syndrome.

  • 12717987 1360265807333085 3012998535220673932 n

    Disabled people in the event organising

    Ana Milevsakaja aims to create an event organization company, which would enable people with disabilities to contribute in the event planning sphere.
    "At first glance, people with disabilities may look closed from the public, but they are sincere, strong and very creative. Most of my friends are disabled people. I want to show that they can do more - and that the public can accept it, "- Ana said. She is considering that people with disabilities can write scripts for events – they need just a few valuable lessons from the professionals. They will also be able to work auxilliary works or became a host of the shows.

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    Assistant services for disable people

    According to the initiators of the project, social workers do not justify or not justify the needs of the disabled. Therefore, three blind Lithuanians resolved  to establish an independent Office of the assistants for the disabled, which will undoubtedly improve the situation of people with disabilities in Lithuania.

  • 1460141 1357628064263526 7630612706930277894 n

    Disabled people in the labor marker

    Lithuanian Karolina Uldinskaitė has directly confronted the difficulties in the labor market (Carolina work capacity is only 50%). Due to that, she came up with the idea to create an online platform where people with disabilities can offer their works of art and services, which will allow them to enter the labor market.

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    ​Restaurant for disabled people with a reduced mobility and both visually and mental disabilities

    Restaurant for disabled people with a reduced mobility and both visually and mental disabilities. The main focus of this initiative: an electronic menu, which would ease visiting a restaurant. It is believed that the electronic meniu would help to order, ask for a bill or invite the waiter when it`s needed. This idea initiator Marius Kuršius also want to maximize the use of the possibility to employ disabled people.

  • Naujas paveikslelis  14

    Holistinemedicina.lt

    Vytautas's, who has a heart disease, initiative is a blog which contains useful tips and tricks for a healthy living. In his site you can also find an eco-friendly  oline store were you can order plenty of esential oils, organic soap and other eco products.

Mentors

  • Ingemars dzenis

    Ingemārs Dzenis

    Founder of bar and restaurant Vest, co-founder of cafe Žanna, master barista.

  • Img 0605

    Zane Priedīte

    Store director at social enterprise Otra Elpa.

  • Davis plotnieks photo

    Dāvis Plotnieks

    Co-founder and co-organizer of TEDxRiga conference.

  • Fionn dobbin

    Fionn Dobbin

    Creative Director and Co-Founder at MAMMU,  Lecturer at Stockholm School of Economics, Riga

  • Aigars rostovskis

    Aigars Rostovskis

    President of LTRK (Latvian Chamber of Commerce)

  • Bruno birmanis deframe creative   production director

    Bruno Birmanis

    "DEFRAME" creative & production director

  • D  lubinskaite

    Daiva Lubinskaitė-Trainauskienė

    Human Resources Director at "Thermo Fisher Scientific" Lithuania

  • Da avis plotnieks

    Davis Plotnieks

    TEDxRiga Member of the Board

  • Dad ded d dcd dad da

    Eliza Kibere

    Chef at HOT'E

  • Eitvydas b

    Eitvydas Bingelis

    Secretary General at Malteser (Order of Malta relief organisation in Lithuania)

  • Ja anis gaili atis project manager of academy of arts of latvia

    Jānis Gailītis

    Project Manager of Academy of Arts, Latvia

  • J rimkute

    Jolanta Rimkutė

    Fashion designer Co-founder of "LT identity"

  • Kristaps silin s i

    Kristaps Silinš

    DDB Latvia, White Label

  • Krists avots

    Krists Avots

    Marketer at Infogr.am, Lecturer at Stokhol school of Economics Riga

  • Liene vilni ate

    Liene Vilnite

    Lienes Vilnites Izdevnieciba

  • Mindaugas danys

    Mindaugas Danys

    Sunrise Valley Tech Park, social innovator, startup consultant and urban gardener

  • Nidas kiuberis

    Nidas Kiuberis

    Entrepreneur Co-founder of "Coffee inn"

  • Paulius valatkevicius

    Paulius Valatkevičius

    Co-founder of dalinuosi.lt

  • Phil tulba mentor   organiser

    Phil Tulba

    Trustee and Director of Adrenaline Alley Social entrepreneur, presenter and consultant

  • Remigijus savickas

    Remigijus Savickas

    Partner at DOOR Training, Authentic Leadership Expert

  • Rihards funts founder of rijada design studio

    Rihards Funts

    Founder of "RIJADA" design studio

  • Simonas aleksandravicius

    Simonas Aleksandravičius

    Tax consultant bnt Heemann Klauberg Krauklis APB,  Enterprise Lithuania

  • Solvita kostjukova

    Solvita Kostjukova

    Co-founder of LUDE

  • Tomas

    Tomas Pagirys

    Aciety, WEF Global Shaper

  • Va

    Tania Gurova

    Head of Administration at Kitokie projektai

  • Vaidas zagunis

    Vaidas Žagūnis

    Head of SME financing department at SEB bankas

  • Viesturs sosa ars co founder techhub riga

    Viesturs Sosars

    Co-founder TechHub Riga Founder of "Sonocase"

  • Violeta masteikiene 2 landriusio nuotr 552e74aa57009

    Violeta Masteikienė

    Founder of GMM Projektai, initiator of Draugų uogienė

  • Vita brakovska

    Vita Brakovska

    Knowledge Angel at Knowledge and Innovation Society, Lecturer at Riga Technical University

  • Zanas gongapsevas

    Vita Brakovska

    Knowledge Angel at Knowledge and Innovation Society, Lecturer at Riga Technical University

  • Zane boja are

    Zane Bojāre

    Founder, co-owner of Lude Communication consultant

  • Zydrune vitaite

    Žydrūnė Vitaitė

    Managing Director at "MAINSEC",WEF Global Shaper

Organizers

  • Stankeviciute

    Monika Juknienė

    Project manager and coordinator (LT)

    monika.jukniene@zmogui.lt


  • Fionn dobbin

    Fionn Dobbin

    Methodology, program content, lecturer, social entreprenuer

  • Img 6641s3

    Arūnas Survila

  • Photo

    Zane Skuja

    Project manager (LV)

  • Andzelika rusteikiene 70570092

    Andželika Musteikienė

    Lecturer, program content, methodology, communications

  • Phil tulba mentor   organiser

    Phil Tulba

    Lecturer, methodology, Red Ochre ltd

  • 3250446

    Jurgita Ribinskaitė- Glatzer

    Mentor coordinator (LT)

    jurgita@gerinorai.lt

  • Ukininko jono sidaraviciaus ukis 61304887

    Inga Labotytė- Atkočaitienė

  • Original screen shot 2015 07 05 at 04 14 05

    Gaudrė Vaitkutė

What is social business

The main objective of a social business is to maximize social impact  and to improve people’s lives. 

In a social business, the investors/owners can gradually get back the investment money, but cannot take any dividend beyond that point, investors do not profit from it. 
The company must cover all costs and make profit, just like usual businesses at the same time achieving the social objective, such as healthcare and housing for the poor, providing safe drinking water, introducing renewable energy, etc. in a business way.

The success of a social business is measured in terms of the positive impact the business has made on people and the environment. These companies are financially sustainable and compete in the market just like all other businesses.

Who are Social Entrepreneurs

Social entrepreneurs are individuals who create a business to find creative solutions to society’s most pressing problems such as poverty, environmental damage, access to education, unemployment, alcoholism and so forth.

They combine business know-how with the passion and desire to improve the quality of people’s lives.

7 principles of Social Business

These principles were defined by Professor Muhammad Yunus, Nobel peace prize winner and the ‘father of social business’. 
This is the basis of social business that is also taught in Socifaction, however there are multiple hybrid forms that can also achieve social objectives



  1. Business objective will be to overcome poverty, or one or more problems (such as education, health, technology access, and environment) which threaten people and society; not profit maximization

  2. Financial and economic sustainability

  3. Investors get back their investment amount only. No dividend is given beyond investment money

  4. When investment amount is paid back, company profit stays with the company for expansion and improvement

  5. Environmentally conscious

  6. Workforce gets market wage with better working conditions

  7. ...do it with joy

Current events

Workshops

We want to bring Social Business to all passionate young people who want to bring positive change to society and the environment. That's why we also hold small workshops in various locations.

Keep your eyes peeled and follow our latest news on our Facebook page for upcoming pop-up events!

Social Business Festival

SOCIFACTION is making a social business festival to help more and more people find a way to solve the world's challenges locally and globally. 

More info coming soon. 

Resources

Eager to know more about how to create a happier world through Social Business? 

Here are some useful links:

Socifaction methodology "Socifaction experience" (LT):

https://drive.google.com/file/d/0B-LmVXTyQiK1eGFNQ…

Socifaction methodology "Socifaction experience" (EN):

https://drive.google.com/file/d/0B-LmVXTyQiK1YkNvY…

Socifaction methodology "Socifaction experience"(LV):

https://drive.google.com/file/d/0B-LmVXTyQiK1NnlzM…

Grameen Creative Lab (Creation of Dr.Yunus and Hans Reitz) : http://www.grameencreativelab.com/our-company/vis…

Yunus Centre:
http://www.muhammadyunus.org/ 

Sociālās inovācijas centrs (LV):
http://socialinnovation.lv/LV/sociala-inovacija/s…

Social Entrepreneurs: Pioneering Social change
http://youtu.be/jk5LI_WcosQ

Partners

SOCIFACTION social business initiative is an ERASMUS+ funded project called 'Making Good Deeds profitable' within the 'Strategic partnership in the youth field' branch. 
This project is the result of a [perfecto!*] partnership between impactful NGOs from Lithuania - NVO AvilysGerinorai; a creative [and very successful] advertising agency Not Perfect Riga and Red Ochre-the experts of social change organizations in the UK.

Contact us

We are happy to hear from passionate people like you! 


You are welcome to write to us to enquire about our events and you are even more welcome to write if you have an idea how to bring Social Business to your community.

Feel free to contact us if you need a mentor, or any other help with your ideas! 

For Lithuania and Erasmus+ project enquiries contact:

Project Co-Ordinator
Monika Stankevičiūte
monika.stankeviciute@zmogui.lt

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