{"id":2305,"date":"2017-09-28T00:00:00","date_gmt":"2017-09-28T00:00:00","guid":{"rendered":"http:\/\/www.innovationanthology.com\/import\/2018\/02\/01\/innovation-anthology-900\/"},"modified":"2018-03-22T21:45:30","modified_gmt":"2018-03-22T21:45:30","slug":"innovation-anthology-900","status":"publish","type":"post","link":"http:\/\/www.innovationanthology.com\/import\/2017\/09\/28\/innovation-anthology-900\/","title":{"rendered":"#900: Techstock: Terry Booth Financing on Social Enterprise"},"content":{"rendered":"<p><a href=\"http:\/\/innovationanthology.com\/uploads\/Innovation Anthology 900.mp3\">Download MP3 Link<\/a><\/p>\n<div>Accountant and financial advisor Terry Booth defines social entrepreneurship as any enterprise trying to do social good using business principles.<\/div>\n<div><\/div>\n<div>He spoke on this new trend at Innovate Calgary&rsquo;s recent Techstock tradeshow and panel.<\/div>\n<div><\/div>\n<div><span style=\"font-weight: bold;\">TERRY BOOTH: <\/span>&nbsp;<span style=\"font-style: italic;\">My favourite client is a client that is working on providing jobs to homeless people and as part of that they&rsquo;ve actually created a laundry business, but at the same time, they are taking people off the street, teaching them job skills, and helping them move into permanent housing.&nbsp;<\/span><\/div>\n<div><\/div>\n<div>It&rsquo;s a concept that&rsquo;s gaining traction, especially among the younger demographic compelled to create their own work. &nbsp;<\/div>\n<div><\/div>\n<div>But there&rsquo;s also a second driver.<\/div>\n<div><\/div>\n<div><span style=\"font-weight: bold;\">TERRY BOOTH:<\/span> &nbsp;<span style=\"font-style: italic;\">Historically it&rsquo;s been difficult to get funding for social causes. &nbsp;And so by developing the programming along with that business concept, it&rsquo;s a little easier to get funding in the door. &nbsp;So in my example, using profits from the laundry side to do your social programs and not having to rely on government funding or other funders.&nbsp;<\/span><\/div>\n<div><\/div>\n<div>Terry Booth suggests the key to success for social entrepreneurs is to find a business mentor and learn how to generate and manage cash flow.<\/div>\n<div><span style=\"font-weight: bold;\"><br \/><\/span><\/div>\n<div><span style=\"font-style: italic; font-weight: bold;\">Learn more at INNOVATION ANTHOLOGY.COM<\/span><\/div>\n<div><span style=\"font-weight: bold;\"><br \/><\/span><\/div>\n<div><span style=\"font-weight: bold;\">I&rsquo;M CHERYL CROUCHER<\/span><\/div>\n<div><\/div>\n<h2>Guest<\/h2>\n<h3> , <\/h3>\n<h4>, , , , <\/h4>\n<h2>Sponsor<\/h2>\n<h3><a href=\"\"><\/a><\/h3>\n<p><img decoding=\"async\" src=\"http:\/\/innovationanthology.com\/uploads\/\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Program Date:<\/strong>\u00a02017-09-28<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial expert Terry Booth talks about business fundamentals for social enterprises at Innovate Calgary&#8217;s Techstock 2017.<\/p>\n","protected":false},"author":2,"featured_media":2306,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,45],"tags":[],"class_list":["post-2305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alberta","category-entrepreneurship-commercialization","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"jetpack_featured_media_url":"http:\/\/www.innovationanthology.com\/import\/wp-content\/uploads\/2018\/02\/17ic_TerryBooth.jpg","_links":{"self":[{"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/2305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/comments?post=2305"}],"version-history":[{"count":4,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/2305\/revisions"}],"predecessor-version":[{"id":5296,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/2305\/revisions\/5296"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/media\/2306"}],"wp:attachment":[{"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/media?parent=2305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/categories?post=2305"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/tags?post=2305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}