Sneak preview of L3's Community Event - July 23 at 11am EDT

Monthly Community Events

We are excited to announce that we will be hosting our first of a series of monthly Community Events, starting in July. Every month, in addition to the Design Stream and Activation Streams’ separate meetups, the entire L3 Community is invited to come together in our community event to convene and collaborate. We will be reporting on what the Design Stream and Activation Stream have been working on in the past month along with other L3 updates and community requests. We will also be facilitating a mini-workshop designed to activate L3 Community members’ knowledge and get them thinking systemically about Social Acquisitions for Business Recovery* (SABR). At this upcoming event we will be exploring the different groups of stakeholders involved in social acquisitions, building their profiles, and mapping their relationships with each other.

The L3 Community and those who wish to learn more about social acquisitions and emerging business succession and recovery solutions are invited to attend a 90-minute session on July 23, 2020 at 11am EDT to participate in some engaging social innovation activities that will spark creativity, and, as always, forge powerful connections with Canadian professionals who are leading the charge in SABRs. Registration can be completed here.

Tentative Agenda (Eastern Time)

Introducing the Community Bulletin

We will also be introducing the Community Bulletin, which is where L3 Community members can broadcast requests for assistance, support, advice, new members, or anything else they want. The broader L3 Community or L3 staff can respond to these requests. We will share new requests and announcements from the Bulletin at every Community Event.

Design Groups

Since the Relaunch Event, L3 members have convened to create seven design groups:

• Business advisor engagement
• Charity acquisitions
• Standard playbook
• Non-debt financing (instrument-focus)
• Non-debt financing (capacity-building focus)
• Municipality and local institution engagement
• Long-term care facility conversions

We will be providing more detailed updates on each group during the event.

Join us on Thursday July 23, 2020

For more details on the Design and Activation Streams efforts so far, a mini-workshop on stakeholder mapping, and a deeper dive into social acquisitions in Canada, join us at 11am Eastern Daylight Time for our July Community Event.

Registration can be completed here.

About Legacy Leadership Lab (L3)

L3 is an 18-month initiative by the Waterloo Institute for Social Innovation and Resilience, funded by the Government of Canada’s Investment Readiness program. We are leading online workshops and events to help build expert-driven solutions for Canada’s transitioning small business community. The L3 Community is developing and activating market interventions and prototypes that allow conventional and social finance players, business service providers, and community leaders to facilitate social acquisitions of existing businesses in their own towns and contexts.

About Waterloo Institute for Social Innovation and Resilience (WISIR)

WISIR is a research institute at the University of Waterloo’s School of Environment, Enterprise and Development committed to generating trans- and inter-disciplinary knowledge about social innovations and the social innovation process (the dynamics of learning, adaptation and resilience). Our approach is to pursue collaborative research and projects that bridge University of Waterloo departments, involve researchers from around the world, and engage those beyond academia. We seek to mobilize this knowledge through a range of new curriculum offerings and training opportunities - both within and outside of a university setting.

*Social Acquisitions for Business Recovery (SABR) is the term we use to describe the practice of converting a conventional enterprise into a co-operative or social enterprise or another social purpose form in order to revive and sustain it through an unplanned disruption like the COVID-19 crisis or a business succession/ownership transition.