In June 2016, Mowat NFP hosted a two-day event on social enterprise impact measurement with support from Ontario’s Ministry of Economic Development, Employment and Infrastructure (now Ministry of Economic Development, Job Creation and Trade).
Held in Toronto, Ontario, the event brought together international and domestic experts and investors to discuss the measurement challenges facing non-profit and for-profit social enterprises, learn what is working in Canada and internationally, and lay the groundwork for a future vision for impact measurement for social enterprises in Ontario.
The event explored numerous wide-ranging topics:
Current landscape of social enterprise impact measurement in Ontario and Canada, and the challenges and opportunities therein
Leading approaches and tools for measuring impact
Interpreting, reporting, and communicating impact to different stakeholders
Ensuring take-up, quality, and sustainability of impact measurement practices across social enterprises
Efforts from other jurisdictions in setting sector-wide standards, and the challenges and opportunities therein
The event and follow-up report informed the work of the Impact Measurement Task Force, which was created as part of the Ministry’s five-year strategy to support social enterprise growth in Ontario. The Task Force’s objective was to explore uniform impact measurement approaches for social enterprises.