News on The Edge Welcome to the Social Edge update! Social entrepreneurs don’t necessarily move on when their projects have proven financially unviable, as they can be very stubborn. They keep going and turn to philanthropic capital and then, too often, to their personal credit cards, family and friends. “When their debts are too high, they have no choice but to abandon the work they love, and that’s how social entrepreneurship loses its brightest to more stable if less socially-minded careers,” observes Peter Deitz. This matters, he argues, because many carry the blueprints for programs that could significantly improve society in the future. Join Peter Deitz in the conversation as he wonders how we can build debt relief into the social entrepreneurship ecosystem to ensure the growth and development of world-changing innovations. Then follow Adam Kemmis Betty as he looks into whether Kiva really matters: “Kiva’s impact in financial terms upon the microfinance industry is tiny. The big players are still development banks and agencies.” But the Bolivia-based Kiva Fellow still thinks that Kiva matters beyond its financial weight. Join him in the conversation. Also read Sara Olsen and Brett Galimidi as they question where the gaps in funding are and which nonprofits need your help the most. Join Dr. O, who wonders whether the US Supreme Court just rewrote the book for fundraising. And Dhaval Chadha, in Rio, as he weighs in on whether business can really change the world. Lara Vogel reminds us that the cultural divide is often part of the work of a displaced social entrepreneur. She wonders if the academic system and the hoops we have to jump through to “define outputs” limit our ability to create practical impact. Join her in taking academia out of defining social entrepreneurship. Join this Week's Live Discussions Too Small to Fail: Debt Relief for Social Entrepreneurs Peter Deitz wonders how we can we build debt relief into the social entrepreneurship ecosystem to ensure the growth and development of world-changing innovations, and the well-being of the social entrepreneurs behind them. Protecting Your Mission: The best legal structure Besides standard non-profits and for-profit entities, what legal tools and structures are available to social entrepreneurs to protect their mission? Criterion Ventures’ Joy Anderson and Elizabeth McCance help you make the right decisions. Invest in Me, Take my Equity Three social entrepreneurs (Kjerstin Erickson, Jon Gosier and Saul Garlick) are offering equity in their life’s earnings for an infusion of cash today. Should you invest in their future? Or follow their example? Social Work: A Dirty Word? “Social work” may mean “give that man a fish” when a better policy might be “teach that man to fish” or even “give the fish a chance.” Is your social enterprise about fish or fishing? Join Charles (Hipbone) Cameron in discussing the issues of social work and social entrepreneurship. The Social and Commercial Two-Step Are hybrids really innovative structures or simply stopgap measures? Join Mumbai-based Lindsay Clinton in the conversation. Is a "Social Economy" really possible? Where are the big success stories, the social sector equivalents of Google or Facebook? Will the funding continue to flow to unsustainable, though eminently worthy, social enterprises? Join Rod Schwartz in a provocative conversation. Do you have suggestions for Social Edge or for this newsletter? Send us feedback. Hope to see you on The Edge and on Twitter @socialedge! Victor d’Allant Executive Director, Social Edge 250 University Avenue Palo Alto, CA 94301 |
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