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

Sustainable Business Models for Social Ventures

A new breed of ventures has begun innovating revenue models to build greater capacity and sustain operations. These approaches leverage the power of markets and have discovered the sustainable power of partnering with their customers to meet their social needs. More details 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

ForSE 2009 Agenda Details

ForSE 2009: Forum for Social Entrepreneurs promises to continue the tradition of interactive and engaging forums that we have produced in the past. In-depth discussion with a panel of practitioners and experts in four parallel panels. Dissect the daily workings of a social entrepreneur and help brainstorm solutions. Refine your pitch and wow a panel of judges during the Pitching session. More agenda details at http://blog.ambientengines.com

ForSE 2009 Pitch Contest – Pitching SE: How Good Leaders Sell Smart Ideas

For the first time ForSE 2009: Forum for Social Entrepreneurs, will have a pitch contest for aspiring social entrepreneurs. If you have an idea with significant social impact, here is your chance to pitch it and to wow a panel of expert judges and win a prize. Send in a short summary of your idea to pitch@tie-se.org

ForSE 2009: Forum for Social Entrepreneurs on Oct 23 at Babson College

Our annual conference on Social Entrepreneurship – ForSE 2009: Forum for Social Entrepreneurs will be held on Friday October 23. This time we are working together with Babson College’s Net Impact Undergrad organization to host it at Olin Hall on Babson College’s lovely Wellesley campus.

Why we need Social Investors

The latest Time Magazine has a great article about social entrepreneur Reed Paget and his startup Belu that has grown from $13,000 in 2004 to nearly $4 million in 2008 while providing water in corn based bottles that can be composted and redeploying its profits to projects that bring clean water to deserving regions of [...]

TIECON Social Enterprise Track Provides New Perspective

For the first time TIECON EAST – TiE Boston’s annual conference on entrepreneurship and innovation – had a dedicated track on Social Enterprise. The three panels for the track were all well attended. Here are some excerpts from an article I wrote for Lokvani about the sessions.

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.