An Introduction to Social Value and the Social Return on Investment in Timebanks
Social Value and the Social Return on Investment (SROI) are gaining popularity in both the business and
voluntary world, as organisations compete for recognition of their contribution to their local communities. In addition to this, it can now be found as a requirement within public sector contracts and is fast becoming a requirement of grant applications.
Timebanks, with their emphasis on human assets and community connections and development, are well placed to talk about their social value. However, it is also, often, something that can be hard to articulate and describe.
This Masterclass will introduce you to the key principles required to recognise social value in an organisation. In addition to this, the approach to SROI, developed and used within social housing, will be introduced. Examples, from one Timebank, will be used to show what the calculated return on investment, in the Timebank, meant to the funder as well as the local community.
At the end of the Masterclass you will have an appreciation of the key principles of social value and SROI. You should then be better prepared to consider how you might take the next steps required to start to identify and describe the social value of your own Timebank to your local community.
This event has limited capacity - Book now to avoid disappointment!
In the afternoon there is an opportunity to stay for a Scottish Regional Network meeting. (2pm - 4pm)
Lunch is included for attendees booking for the SROI masterclass.