Some reflections on Martin Luther King and non-profit leadership

After spending some time on the production line at the Greater Boston Food Bank, and given the past weekend celebrating Martin Luther King, one reflects on what Martin Luther King might have done in light of what we had seen and experienced, at the Greater Boston Food Bank as well as the larger set of social issues that we are exposed to in our daily lives.

Another successful year for ForSE 2009

Another successful conference on Social Entrepreneurship was held on October 23rd, this time at Babson College in Boston’s Wellesley suburb. Details on the conference and photos were posted in a local e-magazine, Lokvani.com and are reproduced for those who could not attend. For details go to
http://blog.ambientengines.com

World’s largest Business plan competition looks to help social entrepreneurs

To help jumpstart job growth in Massachusetts, a unique public/private partnership, Masschallenge.org, was launched earlier this year that hopes to attract hundreds if not thousands of interested entrepreneurs to Massachusetts by unveiling what it claims is the world’s largest business plan competition. It hopes to change the way business plans are run by providing the winning teams with $1 million in seed funding in six different categories. With these incentives from MassChallenge and the support of the Massachusetts Government, the many entries the “Social Development and Non-profit” category will attract could help create the next new growth cluster in the state. Read my comments on this at http://blog.ambientengines.com

Valuing Social Enterprises

As a number of young entrepreneurs launch their social enterprises, one of the areas they all struggle with is attracting socially conscious investors. A challenge for all is how to evaluate a social focused business on metrics other than strict return on investment. More details at http://blog.ambientengines.com

Responding to Clayton Christensen’s article on Government’s potential role in Social Innovation

I do believe there is an appropriate role for government to play in encouraging growth in social innovation. The single most critical issue for a young, startup social entrepreneur is the lack of a well structured ecosystem to encourage social innovation. The government can be a transparent facilitator and address these issues and then get out of the way and let the market work its way.

Some thoughts on Clayton Christensens article on Social Innovation

Clayton Christensen recently opined in The Huffington Post about the role the White House Office of Social Innovation could play. He suggests “Bottom up ” initiatives are needed. However I think the real issue is not “bottom up” initiatives but a complete lack of a supporting social ecosystem to encourage radical innovation and nurture young social entrepreneurs.

How to multiply your social impact 2X to 6X

Bala Vishwanath, an IIT and IIM alum, saw an opportunity to multiply the social impact of every dollar, quit his job and worked to setup www.UnitedProsperity.org United Prosperity helps provide loan guarantees that enable poor entrepreneurs to borrow from Microfinance Institutions to build their enterprises in developing countries.

The Blue Sweater a book by Acumen Fund founder Jacqueline Novogratz

I had gotten a copy of Acumen Fund founder, Jacqueline Novogratz’s, book “The Blue Sweater” a couple of months ago and had kept promising myself that I would read it. Once I started reading I was hooked. Before I knew it I had plowed through the entire volume. This is an extraordinary and powerful book.

Jacqueline Novogratz – Legatum Lecture at MIT

Speaking at the Legatum Center’s Lecture series at MIT, Jacqueline Novogratz described the innovative work of Acumen fund and how it helps build social solutions through its venture philanthropy.

Interview on Social Entrepreneurship

Interview on Social Entrepreneurship at Lokvani.com