Now just wrapping up here in 1 of 3 breakout sessions offered. I opted to attend the breakout on “Social Entrepreneurship and Corporate Philanthropy.”
Rebecca Masisak, Co-CEO, Tech Soup Global
Bridget McNamer, Senior Program Officer, Skoll Foundation
Sean Sannard-Stockton, CEO, Tactical Philanthropy Advsiors
Villy Wang, Co-Founder and CEO, BAYCAT
Here are some of the highlights:
Social Entrepreneurs are motivated by a pressing issue and come up with an innovate way to address the issue. They are characterized by passion, resilience and a relentless pursuit of results; they have proven their approach has impact and are at an inflection point to large scale.
“Why should [social entrepreneurship] matter to business world? We’re natural partners. By working together we can help each other succeed.”
“Investing in social entrepreneurship is like putting your corporate philanthropy on steroids.”
There’s a shift happening in the field. The story is no longer the gift (the money given), but rather the results/impact you make.
“Philanthropy is historically plagued [by the idea] that if it’s not invented by us, then we don’t want to be involved with it. But if you focus on the results you don’t care so much about who started it, but on what results come out of it.”
Best way to make a movement is to follow and show others how to follow.
Social entrepreneurship is one thing (creating a business model), but you can’t ever forget why you’re doing it.
“You can’t solve the toughest problems in the world in a silo.”
And I’ll leave you with some of the videos we saw during the breakout: