Successful Partnerships in Practice between Businesses and Social Entrepreneurs
In June 40 representatives from the business and social entrepreneurship (SE) sectors met in the HUB Vienna to discover and develop possibilities for collaboration. The goal was to dive into Vienna’s social entrepreneurship scene, learn more about and design practical models for partnership between the sectors.
The session began with a theoretical base and examples of already successful partnerships. Matthias Reisinger (HUB Vienna) started speaking about the HUB’s approach to fostering SE through infrastructure and community building. Ashoka Austria too elaborated on its work and presented a study on ‘hybrid value chains’. They take a market approach and make use of the diverse competencies available in a partnership to meet the needs of underserved markets.
Part one finished off with the business side’s perspective. Partners from The Boston Consulting Group, SAP Österreich, and Stanton Chase International shared their stories of successful partnerships and collaboration with the sector. AXA-Winterthur and HUB Zurich illustrated the development of their collaboration.
Next, the participants put their heads together to come up with and present new ideas and recommendations for companies, specifically on how AXA could link societal engagement with the core business. This peer-to-peer learning session surprised many in the room by the speed with which tangible, useful results emerged.
The workshop ended with a chance for everyone to connect directly with others in the Austrian SE and business scene. Pitches and stories from 7 select social entrepreneurs gave a concrete impression of current SE activity in Austria and were followed by an opportunity to mingle and discuss the day’s topic in more depth over a drink and some snacks.
Theory, practice, and connections, word of social entrepreneurship was spread, and the groundwork for the next collaborative endeavors was laid.
Thanks to all our partners for their contributions! The event was held in collaboration with:
• respACT – austrian business council for sustainable development
• Federation of Austrian Industries (IV)
• Federation of Labor, Social Affairs and Consumer Protection (BMASK)
Stay tuned for more collaboration stories emerging from the HUB.