I’m working with my client to detail a creative story that describes our homeless shelter, the residents, their families, and the need for a day care center that provides 24/7 support as parents explore job interviews and employment. It’s an unusual situation as we have Board Directors prepared to serve as center providers, residents willing to offer personal time so a friend can be on time to an interview, licensing authorities eager to train and certify primary caregivers, and neighborhood residents lining up for the opportunity to participate once a PILOT phase completes and we can collaborate with the surrounding community. Actually, I believe I’ve just described the story…authentic, worthy of public promotion, tax dollars saved. Nice work if we can get it and sustain it.
Social business is the priority of many MBA students these days, as many of us know. The for profit and nonprofit economics of operating a social business dedicated to making a profit while changing lives and environment are increasingly offering an ROR to investors and donors alike that captures attention. Aligned with traditional entrepreneurial objectives, these enterprises both here and throughout the globe are achieving success and taking up more room in academic course curricula in both universities and community colleges.
Whether on a grand scale (the old JPMorgan’s tower anchoring the MetroTech Corridor in downtown Brooklyn) or a neighborhood community that is fighting for sustainability (East Garfield Park Inspiration Kitchens), earning money while offering someone just out of prison, on welfare and/or homeless, training and a job demonstrates the common sense of public/private partnerships. It also teaches me, connects me, offers me a salaried living, and simply makes me feel good.