AFN NATIONAL WELLNESS FORUM AND HEALTH INFORMATION FAIR APRIL 4 2019 APRIL 4 2019
WHO WE ARE: An Indigenous non-profit Alternative energy-based social enterprise. WHAT WE DO: We partner with First Nations to develop social enterprises focused on: 1. Energy savings and build capacity 2. Building local economies
WHO WE ARE: An Indigenous non-profit food-based social enterprise. WHAT WE DO: We partner with First Nations to develop social enterprises focused on: 1. Improving food security/sovereignty 2. Building local economies
Projects Map • Projects in 10 First Nations: Projects in 10 First Nations: Northlands, Barrens Land, Northlands, Barrens Land, Pimicikimak Pimicikimak, , Garden Hill, Fisher River, Peguis, Garden Hill, Fisher River, Peguis, Sagkeeng, Waywayseecappo, Sagkeeng, Waywayseecappo, Sayisi Sayisi Dene, Dene, and Long Plain and Long Plain. Adding 5 more First . Adding 5 more First Nations Nations • Dene, Oji Dene, Oji-Cree, Anishinabe, & Cree Cree, Anishinabe, & Cree Nations, and now Nations, and now Mi’Kmaq Mi’Kmaq • $8 million of Revenue Generated $8 million of Revenue Generated. • Est. 50 Employed Individuals. Est. 50 Employed Individuals. Legend: Geothermal – Red Food – Green Community Energy Planning - Blue
The Leaky Bucket Economy The “Leaky Bucket Economy” is a place where the money that flows into the community immediately flows right back out again – thereby creating no local employment or economic benefit to the community.
Creating Strong Local Economies In a strong, local economy, money that comes into the community stays in the community, supporting local individuals and businesses.
A Toolkit for First Nations • The “Upside of Down”: When a Problem is an Opportunity • The Social Enterprise Model • Case Studies of Successful Enterprises • Energy Efficiencies • Food Security/Health Procurement • The Road to Success Please visit our website for a copy
Outcomes Purchasing Make use of creative financing tools (not funding!) to engage impact investors (often foundations). Impact investors take on risk and upfront costs by investing in social enterprises. Governments pay back investors a portion of the savings incurred, turning government from a funder into a customer. 8
COMMUNITY DRIVEN OUTCOMES PURCHASING (CDOPs) A community-derived financing model in which impact investors upfront the costs of an intervention and are re-paid through the savings incurred as a result of that intervention. 9
GHFN Health Complex “ If governments can buy construction of a Health Complex from a for-profit manufacturer, can they not buy social outcomes from indigenous social enterprises? 10
Let’s access this instead!!
Community- Minded Impact Investors 10,000 foundations in Canada have $73 billion in assets.
Alex Keno Memorial Farm, Garden Hill First Nation We want you to imagine what you could do if funds weren’t an issue. 14
Community Driven o Outcomes Purchasing g o L n o i t a N T N t E s M r Who determines what’s important? P i F O COMMUNITY L E V E INITIATIVES Who takes on risk? D E S I Who bene fj ts fj nancially? R P R E T N INVESTMENT SAVINGS E L Social Financial value of A I C commitment impacts equals cost O FINANCIAL and S to investing savings to government SOCIAL IMPACTS Primary and secondary impacts such as reduction in costs IMPACT OUTCOMES COMMUNITY associated with INVESTORS PURCHASERS Non-pro fj ts, incarceration, treatment Foundations, Social Enterprises of diet-related diseases, Government First Nations homelessness, drop out rates, social assistance, children in care, etc. REPAYMENT PURCHASING CONTRACT Environment FINANCIAL Family Community INTERMEDIARY Economy 15 CDOP Generic - fj nal draft Prepared by KAP Design, April 3, 2019
For Illustration Only $12 million back to impact investors Impact Investors 4 Reinvested back into 1 $10 million 3 projects $20 million savings incurred over 10 years 2 Mission measurements Delivery Agents 3 $8 million back to outcomes purchaser Outcomes Purchaser Garden Hill First Nation Projects/Interventions P1 P3 P4 P2 P5 16
Impact Measurement • Outcomes will need to be verified by Third Party (“Impact measurement”) • Social Research Demonstration Corporation (Heart and Stroke SIB). 17
The Enterprise Scale Market Tools Corporate Social Social Strictly Profit Charity Non Profit Social Enterprise Entrepreneur Responsibility Seeking Non-Profit
Community Driven Outcomes Purchasing Initiative Process Community Solutions Lab Business Case Investment Implementation Engagement Development Jan-Apr 2019 Apr-Oct 2019 Nov-Dec 2019 Oct 2019 2020 What does the First How do we support Developing the Engaging Investors Signing outcomes Nation want to do? their vision? business plans for such as foundations contracts community, and trusts Focus Identifying investors, and other Development of groups/Meetings Interventions stakeholders First Nation Social Enterprise Surveys/Calls Measurement team works to quantify Launching Compile and Report value Initiatives the priorities Outcomes Buyers/ Investors at table Step 3 Step 4 Step 5 Step 1 Step 2 21
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Thank You 5
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