What is a social entrepreneur?
From Ashoka: Innovators for the Public: Social entrepreneurs are individuals with innovative solutions to society’s most pressing social problems. They are ambitious and persistent, tackling major social issues and offering new ideas for wide-scale change.
Rather than leaving societal needs to the government or business sectors, social entrepreneurs find what is not working and solve the problem by changing the system, spreading the solution, and persuading entire societies to take new leaps.
Social entrepreneurs often seem to be possessed by their ideas, committing their lives to changing the direction of their field. They are both visionaries and ultimate realists, concerned with the practical implementation of their vision above all else.
Each social entrepreneur presents ideas that are user-friendly, understandable, ethical, and engage widespread support in order to maximize the number of local people that will stand up, seize their idea, and implement with it.
What are some examples of the social entrepreneurs you’ve worked with?
Social-Impact International is proud of the social entrepreneurs who have chosen to work with us. Ranging from projects of tribal empowerment to rural tourism to urban education, we’ve seen countless examples of inspiring, and impactful, social entrepreneurs. Please visit Dasra Social-Impact in Mumbai and the Investment Ready Academy in Vienna to learn more about past and current social entrepreneurs.
Where are Social-Impact International’s programs?
Social-Impact International is currently located in Mumbai, India and Vienna, Austria. In both cases, the programs are intended to serve as wide a geography as is practicable.
Will you be expanding elsewhere?
Social-Impact International does not currently have any plans to expand into a new geography. But, we are always open to the idea and are actively exploring new possibilities. We rely on a network of local partners, institutions and mentors to carry out our program. Current markets that show strong demand for Social-Impact International’s programming include Western Africa, the Philippines, and Mexico. [verify with CK]
What are social capital markets? What is impact investing?
Social capital markets refer to a new, growing type of investment that is directed towards enterprises that direct their efforts at social impact. Beyond only philanthropy supporting such enterprises, social capital markets are beginning to operate with the efficiency of conventional capital markets, and are now composed of individual investors and institutional investors that invest on behalf of myriad individuals.
Impact investing refers to the practice of accounting for the social and environmental dimensions of an investment – beyond only the financial return that such an investment may generate. Please visit the Global Impact Investing Network for more information.
I have additional questions. Who can I talk to?
Please refer to either Dasra Social-Impact or the Investment Ready Academy for your specific questions.
Who can apply?
Eligibility criteria vary according to the program in which you are interested. Basic eligibility requires that you:
a) Are legally registered, either as an NGO or as a corporation of some type;
b) Have demonstrated measurable success in implementing your project or program. Start ups in their infancy may not be able to take advantage of the training content as well as established organizations with a track record of implementation.
c) Demonstrate a clear commitment to social or environmental issues, such as health, peace and security, human rights, rural development, poverty alleviation, etc.
d) Can commit at least three weeks to the training provided by Social-Impact International. Beyond these three weeks of intensive training, you will be expected to work regularly on the development of your business plan and your presentation to investors.
What is Social-Impact all about?
Finding ‘social entrepreneurs’ in the local community who have already started to make their mark and helping them move up to the next level. We are looking to help enable those who have the potential to have impact at scale on big social problems.
Why is it needed?
There are loads of great people from the local communities working on social needs in India in all types of organisations – NGOs, government programs, local community groups – but compared to their counterparts in the West they receive ridiculously little support. We are not just referring to money (though that too). We are primarily focused on training, mentoring and building a network that these individuals can leverage to maximize their impact.