Territorial alliance started at the end of 2017 which gathers over 240 partners from the profit, non profit, public and private sectors which joined forces to foster the local ecosytem of the social economy and to create a collective brand aimed at presenting Turin as the best place in the world for social business and impact investment.
Idea
Starting Up
Implementation
Realised
This project is part of a pathway that started many years ago with the creation of the Social Entrepreneurship Committee within the Chamber of Commerce in 2004. The Chamber of Commerce at the time had already a clear vision about the importance of this economic sector to boost equal and balanced development.
At the end of 2017, the Chamber and 11 local actors launched Torino Social Impact: an alliance among companies, public and private institutions aimed at making Turin one of the best places in the world to do business and finance pursuing goals of economic viability along with objectives of social impact.
Torino Social Impact Today is an open platform gathering over 240 companies, institutions, financial operators, charities, foundations and third sector enterprises. They joined the project by subscribing to a MoU aimed at sharing ideas, experiences, projects and resources in order to catalyze and attract investments and activities which aspire to solve emerging social problems through economically sustainable business models. The result is a cluster of skills, activities, and services to strengthen and promote the local ecosystem in the framework of Agenda 2030 and the piloting of many experimental projects such as the social stock exchange, the impact data fund, the private social procurement, etc. Moreover, it is quite a unique model of private public partnership to innovate the governance of the local ecosystem, focused on the social economy.
Number of local partners, working groups, meetings, b2b, press coverage, reputation, international partnerships, experimental projects such as the Social Stock Exchange and the Competence Center for the Impact Measurement.
Outstanding stakeholder engagement and wide participation
A selection among many lessons:
- choose light governance system to boost participation and stakeholder engagement
- dedicate time to listening to stakeholders
- be open to any kind of collaboration
Yes, there are similar experiences in other EU cities.
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