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Can We Make Moneyand Make aDifference?
The Promise of SocialEntrepreneurship
Presented by:Craig [email protected]
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Discussion: How Best to MakeYour Impact?
Case Study: Opportunities inClean Technology
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Source: http://www.oikos-international.org/fileadmin/oikos-international/Resources/Presentation_SocialEntrepr_OIKOS_final.pdf
What Are Some Examples ofEach Type of Business?
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Source: http://www.oikos-international.org/fileadmin/oikos-international/Resources/Presentation_SocialEntrepr_OIKOS_final.pdf
What Are Some Examples ofEach Type of Business?
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What is a societal wealthventure? A business designed to profitably attack a social
problem On a scale that has meaningful societal impact Objective is to create a virtuous cycle
“Social entrepreneurs are not content just to give afish, or teach how to fish. They will not rest until theyhave revolutionized the fishing industry” -Bill Drayton, Ashoka
Source: Ian MacMillan, Wharton School
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Ashoka’s Examples of LeadingHistorical Social Entrepreneurs Susan B. Anthony (U.S.): Fought for Women's Rights in the United
States, including the right to control property and helped spearheadadoption of the 19th amendment.
Vinoba Bhave (India): Founder and leader of the Land GiftMovement, he caused the redistribution of more than 7,000,000acres of land to aid India's untouchables and landless.
Dr. Maria Montessori (Italy): Developed the Montessori approach toearly childhood education.
Florence Nightingale (U.K.): Founder of modern nursing, sheestablished the first school for nurses and fought to improve hospitalconditions.
Margaret Sanger (U.S.): Founder of the Planned ParenthoodFederation of America, she led the movement for family planningefforts around the world.
John Muir (U.S.): Naturalist and conservationist, he established theNational Park System and helped found The Sierra Club.
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Social Entrepreneurship Focuses onthe World’s Most Pressing Issues
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Do All Entrepreneurs Pursue“Social Entrepreneurship”?
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Discussion: How Best to MakeYour Impact?
Case Study: Opportunities inClean Technology
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Source: http://www.oikos-international.org/fileadmin/oikos-international/Resources/Presentation_SocialEntrepr_OIKOS_final.pdf
Which Path Is Right for You?
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Additional Ways to GetInvolved Entrepreneur => Social Entrepreneur Venture Capital => Venture Philanthropy Private Equity Funds => Triple Bottom Line
Funds Mutual fund => Funds with Social Responsible
Companies only (ex tobacco and other sins) Vault.com => Bridgestar Consulting => Nonprofit Consulting
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Growing Investment in Clean TechCreates Opportunities
Source: http://www.e2.org/ext/doc/CleantechReport2007.pdf
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Clean Tech Encompasses aWide Range of Industries
Source: http://www.e2.org/ext/doc/CleantechReport2007.pdf
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Summer Internship Experience
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Where Can I Focus My Efforts, MakeMoney and Make a Difference?
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Constructive Ventures Seeks to Make a Market that WillAccelerate the Adoption of Sustainable Building Practices
•Manufacturers•International/Domestic•Established/Startups
•Distributors•Service Providers
•Architects•Builders•Contractors•Distributors•Government•End users
•Marketers pay to post information about their products, and get leads•Buyers come to the site to get information on green products•Buyers can also post RFQs to encourage suppliers to contact them•Trade shows bring together buyers and sellers
Green Building Materials Sellers
Green Building Materials Buyers
•On-line marketplace•Live trade shows andseminars
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Additional Sources Books/Articles
New Venture Creation, Timmons/ Spinelli 2004 How to Change the World, David Bornstein The Fortune at the Bottom of the Pyramid, C.K. Prahalad The Clean Tech Revolution, Ron Pernick and Clint Wilder Natural Capitalism, Paul Hawken, Amory and L. Hunter Lovins The Triple Bottom Line, Andrew Savitz
Websites http://www.wep.wharton.upenn.edu/research/societalWealth.html http://www.ashoka.org/ http://www.changemakers.net http://www.clintonglobalinitiative.org/ http://www.bridgespangroup.org/ http://www.technoserve.org/