2010/03/30

Fw: Radar: The Beyond Profit Newsletter


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"When you do the common things in life in an uncommon way, you will command the attention of the world." George Washington Carver

What is Social Entrepreneurship?

Statement of Faith
You can find other "Market with Meaning" but you definitely want to see "Profit with Purpose".
I personally "Believe in Kingdom Transformation" because I know there is only ONE "Life for Significant".

--- 2010年3月30日 星期二,Beyond Profit <adrienne.villani@intellecap.com> 寫道﹕


寄件人: Beyond Profit <adrienne.villani@intellecap.com>
主題: Radar: The Beyond Profit Newsletter
收件人: incubator.hou@gmail.com
日期: 2010年3月30日,星期二,下午10:23

 
Beyond Profit Mag
   

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March 30, 2010

What's Wrong with Being Poor? This is the topic of our current Social Edge discussion. And it's a teaser about the cover story of the next issue of Beyond Profit. We'd love to hear your thoughts, so please join us in this provocative (but constructive) conversation.

But Can It Scale?

Social entrepreneurs have a knack for fetishizing scale. We hear it all the time: "That's a great idea, but can it scale?" Social investors value enterprises based on their ability to scale. Sure they also have other evaluation criteria - is the enterprise socially relevant and commercially viable? Or, in the case of Aavishkaar, the problem can be complex, but the business needs to be simple. But at the end of the day, to make money, scale is what matters.

We are obsessed with scale, constantly talk about it, but we aren't doing enough to achieve it. It's all still chatter, in the social enterprise world.

Paul Polak often says, "If you can't lift 1 million people out of poverty with your idea, don't bother." He's obviously being provocative, but essentially he is saying that achieving scale is the biggest unmet challenge in development. He is encouraging us all to think big, to dig out of our silos and branch out of our individual projects to think outside the box. But the question still arises - if your enterprise is only going to help a few people, a few families, or a few villages, should you do it?

I would argue yes. But I would also argue that we need to start approaching social enterprise from more angles. The socially entrepreneurial approach of starting your own enterprise, taking time to figure things out, and then gradually trying to scale to reach more people just isn't cutting it anymore.

At the risk of invoking your ire, I would like to suggest that those who are truly desirous of scale should work harder to engage with large corporations. I'm quite sure that Walmart alone has a reach among developing world farmers that is equal to or greater than all social enterprises working in rural agriculture today. Starbucks and their investment of US$9m in Root Capital is a great example of this - through a socially entrepreneurial approach, the investment is confirming Starbucks' commitment to the success and well-being of the thousands of farmers who grow their coffee. At the same time, it is providing financial access to help improve farmer livelihoods. And it is demonstrating ways to work with corporations to achieve shared objectives and scale. Shouldn't we walk down this path, to create a truly cohesive socially entrepreneurial ecosystem at the global level, capable of reaching not hundreds or thousands, but millions and billions?

- Adrienne Villani

Sankalp 2010: On the Radar!

Have you registered for Sankalp 2010? Early bird registrations are now open until April 15 at www.sankalpforum.com!

Sankalp, a buzzing confluence of some of the most dedicated and seasoned minds in social business, is sure to provide a vital springboard for enterprises looking to establish themselves and scale up. This year's event includes online networking, interactive sessions, enterprise showcase stalls, videos, and of course the Sankalp Awards, which are across sectors, including agriculture, food, and rural business; clean energy; inclusive education; health, water, and sanitation; and technology for development.  

And, Sankalp has saved a spot for YOU! Sankalp 2010 offers you the opportunity to utilize the Sankalp stage for a period of 75 minutes! Organize your own workshop to spread an idea or share a new model. Send your workshop idea , and the Sankalp team will work with you to create an innovative and relevant session. Download details here. The last date to apply is April 10, 2010.

Be part of Sankalp 2010 on May 4 and 5 and engage with the New Global Economy!

Beyond Profit Issue 3: Inside the Issue

Blended Value: Wearving Profit into Social Mission through Hybrid Models

On December 3, 2009, the Philadelphia City Council voted unanimously to pass a bill that creates a new sustainable business tax credit of US$4,000 for B Corporations - certified socially responsible companies. The decision could be a sign of what's to come: new legislation that provides incentives for businesses to operate in a socially beneficial manner. However, most other countries are still far from creating any such legislation. As a result, entrepreneurs around the world are innovating - creating combinations of non-profits and for-profits to suit their needs. Editor Lindsay Clinton writes about the choices an entrepreneur can make when structuring a social enterprise, and poses questions about the impetus for creating dual structures and the role of subsidies in encouraging social business.

In December 2009, Beyond Profit hosted a discussion on this topic on Social Edge, entitled "The Social and Commercial Two-Step," which quickly became one of the most commented on discussions in SocialEdge history. Make sure to check out the findings!

And read the entire story on our blog.

Where You Can Find Us...

April 14-18, Northwestern University, Evanston, IL, USA

The Global Engagement Summit (GES) is a five-day training conference for students committed to global change. Delegates will come together to understand the challenges of and opportunities for their engagement; to hone the skills and mindsets that will enable them to better plan, execute, and participate in change-based projects; and to connect with like-minded peers from around the world. We are super excited that Northwestern multi-media journalists will be conducting Beyond Profit "On the Spot" interviews on-site with many of the GES participants. Watch out for them on our blog in April!

 

April 21-22, Mumbai, India

A focused and sharp, boutique event, the Green Investment Congress India is designed to bridge the gap between investors, fund managers, solution providers, project developers, and entrepreneurs to push the industry forward. It will be a true opportunity to network with the best minds in the Green landscape and to push forward growth stories in the sector, in which investment is expected to exceed $226 billion by 2016.

 

April 26-27, Portland, OR, USA

ReVisioning Value 2010: A Conference at the Intersection of Purpose and Profit will bring together leaders from impact investing and social innovation to share how new models for both are increasing the flow of capital to the creation of a more just and sustainable world. Be there to inform and inspire those interested in financing change through social investing, learn how to create new kinds of change organizations, from non-profits to social businesses, and create new tools, formats, and structures for social action.

 

April 28-30, San Francisco, CA, USA

The growth of social enterprise has the potential to be a defining innovation of this century. Don't miss this international forum advocating increased social impact through social enterprise. Join over 500 social entrepreneurs in San Francisco to advocate the wider use of social enterprise approaches - to learn, to grow, and to be inspired.

 
About Us
Beyond Profit, a new social enterprise magazine, presents the stories, people, and ideas behind social ventures by bringing you first-hand insights and expert commentary.
 
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Beyond Profit and its e-newsletter Radar are produced by Intellecap, a social investment advisory firm based in India. Visit www.intellecap.com to know more.

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