Subject: UBC SauderS3i - January Newsletter

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CCSiHub 2017 Cohort
Launching the 2017 cohort of the Coast Capital Savings Innovation Hub

From buying shares in farm animals to upcycling used chopsticks into home décor, six socially innovative companies have been accepted into the one-year CCS iHub social venture incubator program at the UBC Sauder Centre for Social Innovation & Impact Investing. Now entering its fifth year, the CCS iHub is funded by a $1 million contribution from B.C. credit union Coast Capital Savings. The six new ventures will also become part of the larger community of entrepreneurship@UBC. Over the year, the iHub will enable these ventures to cross the chasm from the start-up stage and into an established business. The 2017 ventures include: 

ChopValue Manufacturing creates innovative composite materials using recycled chopsticks. Developed by a UBC PhD student in the Faculty of Forestry, ChopValue aims to remove more than 100,000 disposable chopsticks that are sent to Vancouver’s landfill every day in order to give urban waste a second chance.

GRAIN sources, sells and mills 100 per cent Canadian grains and beans, aiming to reconnect customers with the sources of their dry goods. GRAIN rejects conventional practices of processing, storage and distribution.

Meatme.co is an online marketplace for consumers to connect with local farmers for healthy and honest meat. The company crowdfunds whole animals, then works with local butchers and logistic partners to deliver meat straight to customers’ doors.

Naledo Foods and Beverages Inc. manufactures Truly Turmeric, a healthy and delicious paste that differs from powdered turmeric. Naledo ethically sources ingredients in partnership with Belizean farmers, helping them to build a brighter and more secure future for their families and communities.

Quupe is an online rental platform that provides a convenient way for people to rent things from their neighbours. The company aims to get items out of storage and into the world, where it can generate value for both the people who use it and the people who own it.

Zero Waste Market is a 100 per cent package-free grocer on a mission to reduce all food-related waste, including food waste and plastic pollution. At Zero Waste Market, customers bring their own reusable containers to purchase local, organic and ethically sourced whole foods and home items.

IEBA Echo Sustainability Conference

IEBA is more than excited to be bringing to you our biggest and most important event of the year! The Echo Sustainability Conference on February 4th will consist of two panels, two workshops, a case study competition between participants, as well as a networking session. We will be bringing in multiple professionals in the field of sustainability and conservation, and we are thrilled to have the one and only UBC President Santa Ono himself as our keynote speaker! More details here. Find out more!
Impact Week

Impact Week (Feb 2-9) is the product of a multitude of UBC clubs and centres, with the goal of bringing to the forefront the most urgent issues of today. A series of events will be hosted during the week to underline the basics of four challenges: climate change, poverty, health, and inequality. Keep an eye out for the details on UBC SauderS3i's Facebook page!
Community News Roundup
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Get The Good Stuff straight from the venture's new Smoothie Shop! Join the grand opening on January 20! 

Two social enterprises in Vancouver are hiring!

• Kanekta is hiring for a full-stack engineer.

• Wize Monkey is hiring for multiple positions - from sales to designers. 

Events
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Stanford Social Innovation Review Good Data
Stanford University, California
February 7-8, 2017

SXSW Social Impact Sessions
Austin, Texas
March 11-15,2017

Toronto, Ontario
April 4-5, 2017

Skoll World Forum
Oxford, England
April 4-7, 2017

Vancouver, BC
May 17-19, 2017

Bono: "Warm Fuzzy Feelings Not Welcome in Impact Investing" - But they never were.
By Bruno Lam

“Mainstream” is probably the word of the year amongst impact investing circles in 2016, and it is likely to persist into 2017. In December 2016 and January 2017, the New York Times and The Economist covered the field of impact investing, documenting its rise from a small niche within finance, and into a movement adopted by all types of investors, from retail to large financial institutions. With widespread coverage comes certain risks of misinterpreting the field of impact investing.

The thought leaders of impact investing have argued that the mainstream news coverage and their narrative needs improvement. Currently, the narrative is focused around those who claim that they are “re-inventing the wheel” with the rigorous expectations of their funds. The culture of intellect and determination, however, has long been upheld by social entrepreneurs and investors since the earliest days of impact investing. Instead of dwelling on the past and reiterating the same tag-line that certain individuals are transforming the practice of financing social enterprises, it's perhaps time to acknowledge the progress that the field has already made, and begin a more fruitful conversation on what else needs to be done.

Impact Investing News

B Lab ranks the world's top impact investors using the GIIRS system. Vancouver-based Renewal Funds is ranked in the top 10. Read more

Yes, microcredit requires subsidies, and that's great news. Read more

Impact investment fund Aavishkaar raises $150 million for investments in Africa. Read more

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Centre for Social Innovation & Impact Investing, 2053 Main Mall, Vancouver, BC V6T 1Z2, Canada
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