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Worth Repeating“The Social Innovation Fund may be the signature philanthropic effort of the Obama era. And the competition is not among nonprofits applying for new money, but among foundations and other large intermediaries vying for the Administration's coveted seal of approval." -Rick Cohen, Blue Avocado
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What is a Social Innovation Stock Exchange?When you read the words “stock exchange” what images come to mind? I see white men in suits; tall buildings with lots of glass; the screaming and shouting of swarming bodies thrashing their hands in the air; computer screens; brightly lit numbers increasing and decreasing. People are making and losing thousands, even millions of dollars in a fortunate, or unfortunate, moment. If we put the words “social innovation” in front of exchange what images come to mind…? There are not any iconic images that one can reference. We must construct these images. The process of building and defining a social innovation exchange is going on now based on recent successes and growing interest. The examples are not uniform; there are differences in scale and intent. It seems that a continuum is emerging and needs to be addressed, from support of start up social ventures to global social enterprise. We now have documented success and increasing interest in funding change through online social markets for giving and loans ranging from philanthropic investing and social profit to market rates. Learn from the pioneers who have been exploring this opportunity with success, and understand how it will impact philanthropy at all levels. Tamzin Ractliffe, creator of the South African Social Investment Exchange Also check out— Springboard’s own social innovation exchange at www.thechangexchange.org Learn about these new ideas and projects at the upcoming ReVV 2010 Conference. Join in this very important global project as contributors and participants shape opportunities for a better future. January 29th, 2010 | Category: ChangeXchange, REVV 2010 Conference, Springboard News, Who are social innovators?
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