Last night I attended SOCAP10 Coast to Coast. The event brought together a diverse group on individuals - including consultants, investors, students, teachers, and non-profit leaders - interested in the intersection between money and meaning. It was also part of the lead up to the SOCAP10 conference in San Francisco this coming October. SOCAP10 bring together the world’s leading social investors, philanthropists, entrepreneurs and thought-leaders to discuss the future of social enterprise.
Last night's event was co-hosted by Acumen for NY. The Acumen Fund is a non-profit global venture fund that uses entrepreneurial approaches to solve the problems of global poverty. They to prove that small amounts of philanthropic capital, combined with large doses of business acumen, can build thriving enterprises that serve vast numbers of the poor with investments focused on delivering affordable, critical goods and services – like health, water, housing and energy – through innovative, market-oriented approaches.
Acumen Fund also hosts an online community where individuals can share what they are doing solve social, environmental, and economic problems.
One of the main points that came out of last night, was that even if you do not have an idea for a social enterprise to solve the world's problems, your expertise are still needed for those who do have good ideas.