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Social Enterprise Summit

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Information about Social Enterprise Summit
Education

Published on March 10, 2014

Author: amitkapoor

Source: slideshare.net

Description

Thinkers50 (India), Businessworld, Institute for Competitiveness, India and VisionSpring organised a workshop on Social enterprise.
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Social Entrepreneurship: How To Change The World

Dr. Jordan Kassalow Founder & Co-Chairman jkassalow@visionspring.org March 4, 2014

Inspiration for VisionSpring

Transformative Experience

Dignity: Not Monopolized by the Rich

VisionSpring 1.0 - Business in a Bag

Vision = Economic Productivity

Vicky's Story

Lessons Learned from 1.0 Model • Customers willing to pay 10% of monthly income • Fashion matters • Market-based approach is critical • Conclusion: great idea but not a sustainable business

Model Innovation: When to Pivot? Partnership Model 1.0 Proprietary Distribution Channels

Global Partnerships - BRAC

VisionSpring 2.0 Fixed Location & Mobile Optical Stores India 12 optical mobile units and/or stores reaching remote and rural India

VisionSpring 2.0 Fixed Location & Mobile Optical Stores El Salvador Five optical shops open

Replication of Hub and Spoke September 1, 2012 - Karnal, India

Global Partnerships 2014 Map of our current VisionSpring Markets

Sales vs. Philanthropic Input 500,000 400,000 VisionSpring Glasses Sales 300,000 200,000 100,000 0 2008 2009 2010 2011 2012 2013 In Millions (USD) 3.5 3 2.9 2.5 Philanthropic Input 2 1.5 1.54 1.51 2008 2009 1.8 1.75 1.39 1 0.5 0 2010 2011 2012 2013

Our Impact 120 104 100 Economic Impact ($216 x glasses sold) In Millions (USD) 80 80 67 60 Philanthropic Input 45 40 43 21 20 1.54 1.51 1.75 2009 2010 1.39 1.8 2.9 2012 2013 0 2008 2011

Looking Forward – 10 million in 10 years • India: 1M pairs annually by end of 2016 • El Salvador: cost covered by end of 2013 • Global Partnerships: 23 developing countries and counting • Disproportionate Impact – Last mile and last 500 feet strategies – Aspirational branding and marketing

Ecosystem Ecosystem Objectives NGOs Foundations See for learning VisionSpring Corporations ~700 M people in need of glasses Public health See for safety Research institutions Government Multilateral institutions See for work

World Economic Forum

See to Learn

See to Be Safe

See to Work

Key Partners and Recognition

Thank You jkassalow@visionspring.org

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