Recent News
- SCP highlighted in the Ontario Poverty Reduction Strategy
- Breaking the Cycle: Ontario's Poverty Reduction Strategy on December 5th, 2008
The Government of Ontario yesterday launched "Breaking the Cycle: Ontario's Poverty Reduction Strategy" - which describes the short-, medium- and long-term investments to reduce poverty in the province.
Chapter 4 of the report talks about "Smarter Government" - how can government be smarter about the money it already spends, as well as how it invests in new initiatives. Social innovation is identified as an important component of this approach, where government will "have to pursue innovative and creative ways of doing things". The report goes on to say that "the solution will require more than government interventions. Government will play a key role, but this role will need to be rounded out by support and collaboration with other partners."
Around this theme, Social Capital Partners was identified as an innovative example of how to address employment issues:
Success Stories
Social Capital Partners invests in social enterprises that employ populations outside the economic mainstream in Canada in order to improve their social outcomes and financial self-sufficiency. Social Capital Partners also focus on recent immigrants to Canada who have displayed entrepreneurial and management capabilities before arriving in Canada. SCP invests in new immigrants that are perceived to lack the requisite skills, credit history, networks or access to capital that would allow them to succeed in Canada. www.socialcapitalpartners.ca
- Outlook 2008
- Canadian Business Magazine on January 8th, 2008
During times where recruitment presents many challenges, it is important for companies to revise any preconceived notions on where to recruit and how to retain employees.
- Entrepreneur of the Month, Ralph Chiodo
- Profit Magazine on December 24th, 2007
Social responsibility and business should go hand in hand, believes Ralph Chiodo (president of Active Green + Ross).
- Innovative New Financing Option for Franchises with a Social Conscience
- Franchise Voice Magazine on December 4th, 2007
Two challenges for franchise operators - financing their business and finding good employees - can turn into a win/win/win solution, for the employer, employees, and the community at large.
- The Double Bottom Line
- Globe & Mail on December 4th, 2007
It's the new world of social entrepreneurship, where organizations work to both benefit society and run variable businesses.
- National Post - Outside the Box Funding
- National Post on December 3rd, 2007
Ralph Chiodo, president and founder of Active Green and Ross, and Bill Young, president of Social Capital Partners, are working together to put qualified people with a desire to succeed into their own shops.
- Franchising With A Social Twist
- Globe & Mail on October 17th, 2007
A socially minded program provides low-interest loans to franchise operators in exchange for job guarantees.
- All They Need is Someone to Give Them a Chance
- Toronto Star on June 16th, 2007
Hiring and training people who might otherwise fall through the cracks boosts bottom line.
- Bill Young interviewed by CBC Radio about Venture Philanthropy
- CBC Radio on October 10th, 2006
On October 10th, 2006, SCP President, Bill Young, was interviewed on CBC Radio about venture philanthropy.
Note: RealPlayer is required to listen to this audio file. Please download the RealPlayer plug-in for your browser and then save the file on your computer before playing.- Cook Studio on City TV
- City TV on March 24th, 2006
Cook Studio and its work in the downtown east side of Vancouver is profiled in this CityTV interview.
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