Category Archives: Social Entrepreneur

Grameen and Continuum partner to address talent gap in microfinance

Last week I had the opportunity to attend a panel discussion at Continuum, the design consultancy based in Newton, Massachusetts, on “Building Leadership in the Microfinance Sector.” Moderated by Ed Milano from Continuum, the panel consisted of a cross functional team that was studying the issue of talent acquisition and management in the microfinance sector and consisted of Peg Ross, Director of the Human Capital Center at the Grameen Foundation; Lyndon Rego, Director of the Innovation Incubator at the  Center for Creative Leadership; Lynn Pikholz, President of Shorecap Exchange; and Anna Muoio, Principal with the Social Innovation practice at Continuum.

The presentation and discussion centered around some very preliminary findings based on an initial field immersion trip and set the stage for  more detailed field research to be conducted later this year. I have outlined some of the observations that were shared at the meeting and my personal observations and reactions to what I heard. Continue reading

Help select a winning teen social entrepreneur

Ashoka Youth Venture and Best Buy Children’s Foundation have teamed up to create the @15 Community Impact Challenge. Ashoka is known around the world as the institution that coined the term social entrepreneurship and has been actively supporting social entrepreneurs for nearly 30 years. Ashoka’s Youth Venture works to encourage this spirit of innovation and social entrepreneurship in young people. With Ashoka’s Youth Venture’s support youngsters design and launch their own social ventures to target social issues and challenges.

The Best Buy Children’s Foundation hopes to empower teens at the most critical time of their lives – early adolescence. Its @15 programs provide teens with a platform to affect social change. @15 working together with Ashoka’s Youth Venture has created the Community Impact Challenge. Youth teams from around the nation applied to enter the competition. A set of 15 finalists was chosen based on an assessment of their potential for community impact and a vision of how they would create sustainable change. Continue reading

Some reflections on Martin Luther King and non-profit leadership

Yesterday I had the opportunity to volunteer with a group at the Greater Boston Food Bank. After spending some time on the production line, and given the past weekend celebrating Martin Luther King, the group was asked to reflect 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. Continue reading

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 below for those who could not attend. Continue reading

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. By unveiling what it claims is the world’s largest business plan competition; the folks at MassChallenge are hoping to attract hundreds if not thousands of interested entrepreneurs. While most business plan competitions have been university based in the past, MassChallenge intends to go mainstream with entries accepted from all quarters. With the intent of raising serious money – a target of $25 Million for the first year – it hopes to change the way plans are run by providing the winning teams with $1 million in seed funding. It hopes to run six parallel competitions in the following areas:

  • Healthcare, and Life Sciences
  • IT, Software, and Gaming
  • Clean Technology and Energy
  • Social Development and Non-profit
  • Open Category, Seed Stage
  • Open Category, Expansion Stage

The one on Social Development and Non-profit caught my eye as it is along the lines of what we have been discussing on this blog. As I had said in some of my earlier posts, early stage social innovators sorely need a jumpstart as they face a tougher time raising funds than a for-profit. More importantly, Massachusetts has grown to be a focal point for social innovation attracting the best and brightest to the exciting programs offered in all the leading universities. Coupled with the incentives from MassChallenge and the Massachusetts Government, we have the opportunity to create a new growth cluster in the state. We have an opportunity to retain the top talent attracted to the programs in the area and to channel them to building the next generation of innovative social enterprises here in Boston.

I recently wrote a more detailed article for the MassChallenge.org blog that outlines this and am excerpting it below. Continue reading