About SCP

At Social Capital Partners, we believe that applying market-based solutions to systemic social issues is the key to sustainable impact. We are a small but dynamic team of private sector and non-profit professionals who are tenacious about influencing systems change and developing innovative social finance solutions in Canada.

Meet Our Team

Our Journey

2001 Social Enterprise

SCP was founded with independent funding in 2001, by business entrepreneur and philanthropist Bill Young. Since then, we have been seeking better solutions to the question of accessible employment for those at a disadvantage. While our tactics and activities have evolved over time, our mission is unwavering.

From the outset, our work centered on venture philanthropy and social finance – investment models that deliver social benefits, as well as economic returns. In our first five years, we facilitated access to financing and provided advisory services to build and scale social enterprises, which are businesses that integrate a social mission directly into their operations. In this phase, we helped establish and scale a portfolio of profitable social enterprises across Canada, including:

  • Atira Property Management (Vancouver) – Employs women who are victims of violence
  • Inner City Renovations (Winnipeg) – Employs urban aboriginal persons
  • Turnaround Couriers (Toronto) – Employs at-risk youth
  • Renaissance (Montreal) – Hires directly from provincial social assistance programs

2006 Social Finance

The creation of our Community Employment Loan program in 2006 emerged as a way to engage traditional private sector players in the achievement of greater social impact and scale. Through the program, we facilitate access to subordinate debt financing for franchisees and small business owners. Loan rates are tied directly to employment outcomes; for every person hired through an employment service provider, the interest rate on the loan is reduced.

2010 Corporate Community Hiring

In 2010, we realized that many Canadian employers didn’t need the incentive of a lower interest rate to hire those at a disadvantage – they just needed to see that using employment and training providers is a viable, competitive recruitment channel. We piloted innovative programs with a number of leading Canadian employers, achieving excellent interview-to-hire ratios. But we also saw retention in these programs fall short, due to the lack of required pre-employment training and post-hire support.

At this point, we’d learned two key things: (1) Employers would utilize the employment and training system if it was easy and efficient for them; and (2) It isn’t easy or efficient. The reason is that the system at large has never been designed to see the employer as a customer. We realized we were playing a band-aid role and could have more impact if we worked at the systems level.

2012 Demand-Led Systems Change

And so, in 2012, we expanded our focus to demand-led systems change. To find better ways of preparing job seekers to meet employer needs, we are bringing employers to the heart of the system, inviting them as partners in the design, delivery, and evaluation of training and development programs.

SCP logo

Today, SCP is continuing to explore new solutions that can drive even greater, more scalable access to employment for those at a disadvantage.

Our Team

Bill-Young[1]

Bill Young

President

Prior to founding Social Capital Partners in 2001, Bill spent twenty years in the private sector leading high growth, entrepreneurial organizations. He was CEO of Hamilton Computers, a publicly traded company that grew from $15 million to $250 million under his leadership and was sold to GE Capital. Bill was also the CEO and subsequently the Chairman of Optel Communications Corp. (later Axxent). Bill began his career as a Chartered Accountant with Ernst & Young and holds an Honours BA from the University of Toronto and an MBA from the Harvard Business School. He currently sits on a variety of boards for social enterprises and community organizations, and is a member of the Canadian Task Force on Social Finance. In 2013, Bill was appointed as a member of the Order of Canada for his contributions to Canadian society and his innovative achievements as a social entrepreneur and philanthropist.

Magnus-Sandberg[1]

Magnus Sandberg

Managing Director

Magnus combines a focus on innovation with a wealth of experience from the private sector. Prior to Social Capital Partners, he held the role of divisional director of operations at Constellation Software during a time of rapid acquired and organic growth (from $150M to $538M). A native of Sweden, Magnus has worked and lived throughout Europe, North America and Australia in his previous roles with Autoliv and Accenture. He holds a Masters in Engineering and a degree in business. A passionate competitive sailor, Magnus is currently ranked #1 in match racing in Canada.

Judy-Doidge[1]

Judy Doidge

Director, Partnerships

Judy works with our private, public and non-profit partners to design and test demand-led workforce development solutions. She brings over 20 years of leadership experience in the staffing industry, managing operational budgets of over $75M and designing and implementing national programs for RBC, HP, and TD Bank. Judy began her career with Metro Community Services. She has presented at the National Association of Workforce Development Professionals conference and the Workforce Development Knowledge Exchange, was a mentor with MaRS Impact 8, and serves on the Advisory Committee of the Employer Demand-Driven Training Project. Judy holds a Bachelor’s degree in Sociology from the University of Western Ontario.

Jocelyn-Phillips[1]

Jocelyn Phillips

Project Manager

Jocelyn manages our Community Employment Loan Program working with employers to implement a social hiring program and facilitating their partnership with community employment service providers.  She is currently scaling this innovative social finance model working with a number of large financial institutions, credit unions and the Ministry of Economic Development Employment and Infrastructure.  Jocelyn excels at bringing various stakeholders together, building solid relationships and creating partnerships that have impact.  Her strong project management skills come from both her educational background in Business Administration Management and her related work experience in both the private and non-profit sectors. She brings a unique balance of creativity and business logic to her role and her passion for creating positive change is evident in the way she approaches her work.

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Emiko Savic

Office Administrator

As the newest member of the SCP team, Emiko manages office finances and operations and also provides administrative support for SCP’s ongoing programs. Her organizational skills and attention to detail combined with her background in investment banking and bookkeeping keep our office running smoothly. She has a BA in Law from Ritsumeikan University in Kyoto, Japan, and studied business and management as an exchange student in Tours, France. Emiko’s diverse background contributes to her ability to see things from a variety of angles, making her an excellent problem solver and forward thinker. Her own experiences in overcoming challenges provide her with unique insights into helping others who face barriers to employment.

Our Advisory Board includes:

Richard W. Ivey

Roger L. Martin

Susan Pigott

Walter Ross

Michael Wenban

Rochelle Stenzler