Category Archives: Social Ecosystem

Valuing Social Enterprises

Panel Description for ForSE 2009

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. A number of innovative organizations have tackled this problem from different perspectives, developing alternate metrics, scorecards and criteria that weigh the benefits from an investment beyond cold dollars and cents. The panelists, all significant actors in this arena, either invest or provide access to social investors and will highlight several interesting approaches that funders use in evaluating social investments.

Panelists

Moderator

  • Prof. John Whitman, Professor, Babson College

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Using cell phones to change the world

Jhonatan Rotberg, was sent to MIT by Telmex, one of Latin America’s largest telcos, and teaches NextLab where he tries to bring cellular technology to the other 90 percent of the world. One of the labs startups, CelEdu, offers cellphone-based games and quizzes to teach basic literacy skills in India. Ranjani Saigal from the TIE Social Entrepreneurs Group helped connect CelEdu students to Tara Aakshar. You can see some of their work in progress at the CelEdu site


A great article in the Boston Globe highlights the many ideas that have spun out of this lab. Some excerpts below – click here for the entire article.

In NextLab, Rotberg challenged students by asking, “Can you make a cellphone change the world?’’ And students have responded, creating nearly two dozen projects and three start-up ventures that have been working with communities in developing countries like India, Vietnam, and Mexico.

Dinube, a NextLab spinoff that was tested in Mexico last summer, provides payment services to people who don’t have access to traditional banks. “One of the powerful things about cellphones in Mexico is that there is a 75 percent penetration rate,’’ said Jonathan Hayes, a cofounder of Dinube. “But only 25 percent of the population has a bank account. So a cellphone-based system can fill a huge, important gap.’’

An Investors perspective of Microfinance

Panel Description for ForSE 2009

Over the past years, microfinance has grown increasingly prominent and found its way into the common vernacular. The focus in the past was on innovative new microfinance organizations and their unique models and successes. As microfinance has become increasingly mainstream, major investors have started to take positions in microfinance companies. In this panel, we will explore the investor’s perspective. What are the potential returns and social impacts that investors see in this segment? Do you need to give up market returns for social good? Is there an opportunity for the individual investor or is this for institutions only?

Panelists

Moderator

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.

The opening keynoter is Andre Potter, Executive Director, Massachusetts Office of Small Business and Entrepreneurship. After the plenary session the Forum will split into four parallel panels for an in-depth discussion with a panel of practitioners and experts on cutting edge issues in the social sector:

  • Sustainable Business Models for Social Ventures
  • Valuing Social Enterprises
  • Social Media for Social Entrepreneurs
  • An Investors perspective of Microfinance

More details on each of the panels in a subsequent post. Continue reading

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

Complete details on the contest are below.

Pitching SE: How Good Leaders Sell Smart Ideas

Cutting through the clutter to get the attention of foundations and other social investors is not easy. To win donor support, SE leaders must sell clear and compelling stories that differentiate them from other organizations.

Pitching SE is your opportunity to refine your pitch, focus your ideas and wow a panel of seasoned judges. A panel of experienced non-profit and social investors will evaluate your pitch, and provide feedback and constructive advice.

Eligibility

You don’t need a business plan – just a business idea with significant social impact.

Your idea can be for a non-profit or for-profit or any combination.

It needs to be early stage/less than a year old – operations started after September 1, 2008.

How to apply

Applicants should be a registered attendee for ForSE 2009.

Applicants should mail the following information to pitch@tie-se.org by 11.59 pm October 14, 2009.

  • Name of organization.
  • Names of team members.
  • School affiliation (if applicable).
  • A two page (1000 word) Executive Summary of the business idea.
  • Brief bios (1-2 para) of team members. This will not be counted towards the 2 pg limitation.

Selection process

Entries received will be evaluated by a team consisting of ForSE 2009 organization committee members and judged on the following criteria

  • Social Impact
  • Innovation
  • Feasibility of idea
  • Sustainable business model

The top FIVE entries will be notified by October 17th and will be asked to present to the panel of judges at ForSE 2009 on October 23rd at 3 pm. All other entries will be eligible for the Wild Card selection which will happen live during the Pitching SE session on the day of the conference. The panel of judges at the Pitching SE session will, at their discretion and time permitting, select up to two additional entries to pitch.

Final Pitching SE Session

The selected finalists will have two minutes to pitch their ideas to a panel of judges and the conference audience. Following their presentations, the panel of judges will ask clarifying questions of the finalist. The judges will score the presenters on the following criteria:

  • Innovation
  • Potential Social Impact
  • Feasibility
  • Sustainability of model
  • Presentation clarity and persuasiveness

After the five finalists have completed their presentations, the judges, at their discretion, will select up to two additional Wild Card entries to pitch. Entrants need to be present to qualify. These Wild Card entries will also be evaluated on the same criteria and will be eligible for the awards. All the presentation scores will be tallied and a winner identified by the end of the Pitching SE Session.

Awards

The winning finalist will be eligible for a combination of monetary and in kind consulting award.