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Phil Hope addresses Skoll World Forum on Social Entrepreneurship

27 March 2008

Phil Hope, Minister for the Third Sector, yesterday addressed over 650 social entrepreneurs, thought leaders, policy makers, academics, corporate representatives, financiers and philanthropists from around the world at the fifth Skoll World Forum on Social Entrepreneurship in Oxford.

Speaking in the opening plenary session alongside Jeff Skoll, Founder and Chairman of the Skoll Foundation and Lord Anthony Giddens, Phil talked about how social enterprise has the potential to make a huge contribution to defeating the ‘five giants’ threatening our society today. 

Phil identified the five giants we face are collective problems that threaten us as communities and not just as individuals: Inequality; pollution and climate change; ignorance of other communities; social epidemics like obesity, diabetes and HIV/Aids; and untapped energy for social action.

Through regulation, better procurement policies, encouraging enterprise and enabling access to mainstream pubic and private finance, Government has a key role to play in signalling big shifts in behaviour that will create an environment in which social enterprise can flourish.

The Skoll World Forum is an annual three day international event for social entrepreneurs with a focus on learning, problem solving and community building. This year’s theme is ‘Social Entrepreneurship: culture, context and social change’ and the various plenaries, panel discussions, workshops and academic presentations are looking at how cultural contexts, norms and behaviours create challenges and opportunities for social entrepreneurs, their models and their ability to create change

The World Forum is co-produced by the Skoll Centre for Social Entrepreneurship at the Saïd Business School, University of Oxford and the Skoll Foundation, set up in 1999 by ebay founder Jeff Skoll.

A working paper sponsored by the Office of the Third Sector, by Alex Nicholls of the Skoll Centre for Social Entrepreneurship has also been published at the World Forum. We are pleased to sponsor this paper and the Skoll Centre’s social capital markets research in order to enhance understanding of financial resources available to social enterprises and encourage innovative thinking when tackling issues concerning access to finance. This paper forms part of a larger range of work on social investment in partnership with, and supported by the Office of the Third Sector.