SocialFinance.ca produces a weekly round up featuring social finance related news, insights, job openings, and events. We source the content for these round ups from Twitter, an RSS reader, and directly from our community of social finance practitioners. Below is our round up for the week of June 27, 2011.
Last Week on SocialFinance.ca
Joanna Reynolds posted Following Up on the Recommendations for the Task Force on Social Finance on June 22, 2011
Nabeel Ahmed posted Video: How Do You Identify High-Impact Social Entrepreneurs? on June 24, 2011
Canadian and International News
Dough Watt noted two key learnings from the Canadian Responsible Investment Conference, writing about the opportunity to differentiate and mitigate risks through a focus on socially responsible investing.
The David O’Brien Centre for Sustainable Enterprise in cooperation with Finance and Sustainability Initiative Montreal has created the Sustainable Investment Professional Certification Program (SIPC).
The state of New York passed historic on-bill financing legislation to dramatically expand the state’s new energy efficiency retrofitting program, Green Jobs/Green NY.
The White House convened an historic meeting on the Impact Economy, bringing together impact investors and policymakers (among others) to discuss how to transform the economic landscape. Jonathan Greenblatt, director of the Impact Economy Initiative at the Aspen Institute, described the event as an 'inflection point' in the impact investing movement in his comprehensive review.
David Ainsworth reported that the National Endowment for Science, Technology and the Arts and the law firm Bates Wells & Braithwaite have proposed a new regulatory framework for social finance aimed at making it easier to invest in voluntary sector organisations.
Esther Pak summarized a panel discussion on sustainable investing held at the 23rd Morningstar Conference in Chicago, defining and differentiating the field, as well as identifying opportunities and challenges.
Heather Esper put together a comprehensive recap of the ANDE Metrics from the Ground Up Conference in NextBillion, highlighting the advancement in the field.
The £5million Big Society Investment Fund was launched last week, and will invest funds from dormant bank accounts in England into social investment intermediaries while the Big Society Bank is being set up. Delivered by the BIG Fund, the Fund will help build a dynamic social investment market that provides robust financial products to better support frontline social sector organizations.
Ashoka, the world's community of leading social entrepreneurs, and Staples, Inc. launched the fifth annual Staples/Ashoka Youth Social Entrepreneur (YSE) Competition during Ashoka's Changemakers Week in Paris, France. This year, the global competition highlights youth-led organizations using innovation and technology to address social issues affecting their communities, and is part of Ashoka's Youth Venture, an initiative that identifies and fosters young entrepreneurs all over the world who are creating positive change.
David Clarke presented a report in the Guardian from the National Audit Office that evaluated the right to request programme for the Department of Health in UK and found that it was too early to assess costs and benefits, reaffirming the importance of setting specific measurables for assessment purposes.
Social Finance Learning and Best Practices
Jantzi-Sustainalytics profiled the Top 50 socially responsible corporations in Canada, firms that are making corporate social responsibility a key part of the business plan - and are entering the impact investing movement as well.
Mark Rosenman challenged the impact investing and social enterprise movement with a series of critiques, proposing that political will and public responsibility are necessary for common good, not profit-seeking.
Liz Davidson demolished myths about socially responsible investing in Forbes, providing data and resources to back up the claim that profit and ethics are not mutually exclusive.
Alan Patricof highlighted impact investing in developing economies in Fortune, as an alternative model for investing in SMEs and the next leap forward from microfinance, as it allows businesses to scale through equity.
Susan Moran published a starter guide on getting started as a social entrepreneur in the New York Times with very useful, practical advice.
Thomas Kostigen prodded Wall Street to wake up to impact investing, citing interest from high net-worth investors.
In Triple Pundit, Matt Evans warned that impact investors may be getting primed before social-purpose businesses are ready for investment, highlighting the importance of early-stage financing to help create investment-ready social ventures.
Anil Patel reflected on the work of Tim Brodhead over the past decade, identifying themes that help people connect to causes they care about.
Kim Cook explored how nonprofits can achieve healthier balance sheets through accumulating operating surpluses.
2011 Social Purpose Enterprise Conference: Activating Our Community for Sustainable Change
June 29, 2011, 8:00 AM - 4:30 PM, Holiday Inn Toronto-Brampton Hotel & Conference Centre, 30 Peel Centre Drive, Brampton, Ontario
Impact Investing Summit
September 20-21, Washington D.C.
Workshop: Call for Participation:"Socially Responsible Investment and Canadian Extractive Industries"
September 10-11, 2011, University of British Columbia (UBC)
BBAA National Awards & Investment Summit, British Business Angels Association
30 June 2011 - 1 July 2011, Chartered Accountants Hall, 1 Moorgate Place, London EC2
Calvert Foundation is looking for a Giving Fund Associate who seeks to use her/his education and experience to support the impact investment platform teams at Calvert Foundation and the separate but affiliated organization, ImpactAssets.
Did we miss any news, insights, or events? Use the comment form below to add to this round up. Photo credit: http://www.flickr.com/photos/benimoto/603815615/
About the Author: Nell Edgington is President of Social Velocity (www.socialvelocity.net), a management consulting firm leading nonprofits to greater social impact and financial sustainability. Social Velocity helps nonprofits grow their programs, bring more money in the door, and use resources more effectively. For more information, check out Social Velocity consulting services and clients.
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Globally, green chemistry, which aims to eliminate waste and toxic materials in chemical products and processes, is a $2.8 billion industry. In the next decade it could be worth almost $100 billion, according to the report.
Since green chemistry includes a host of industrial process and materials, it’s not easy to define. For the sake of its report, Pike identified three key areas where green chemistry is likely to see growth: minimizing the waste of chemical production processes; developing renewable feedstocks; and creating less-toxic materials for existing products.
Despite the sector’s potential, most products aren’t quite ready for prime time.
“Green chemistry markets are currently nascent, with many technologies still at laboratory or pilot scale,” Pike Research president Clint Wheelock said in the report. “And many production-scale green chemical plants are not expected to be running at capacity for several more years.”
However, since green chemistry companies are looking to tap into big, existing markets, they don’t necessarily face the same challenges as other cleantech startups that are trying to develop new markets.
As for how the market for green chemistry will grow, it will probably be a matter of small startups teaming up with industry heavyweights for capital and distribution, according to the report.
That’s what Genomatica is doing. The San Diego-based green chemistry startup, which pulled in $45 million in venture funding this year, is collaborating with Mitsubishi Chemical Corporation, Waste Management, and other companies that make chemicals for products ranging from artificial sweetener to polyester.
The company also won one of the U.S. Environmental Protection Agency’s Green Chemistry Challenge Awards announced earlier this month. Other winners included Sherwin-Williams, which developed a paint made from recycled soda bottles and soybean oil, and a company that makes membranes for desalination.
Mercy Corps is appreciative of the eight Whole Food Markets stores that are donating 5% of sales on June 29th to change lives around the world. Throughout the day Mercy Corps volunteers will be on hand to answer questions and if you donate $50 or more or become a monthly donor, you'll receive a free Mercy Corps shopping bag.
The eight stores include:
Pearl - 1210 NW Couch St., Portland
Hollywood - 4301 NE Sandy Blvd., Portland
Fremont - 3535 NE 15th Ave., Portland
Mill Plain - 815 SW 160th Ave., Vancouver
Laurelhurst - 2825 East Burnside St., Portland
Bridgeport - 7380 SW Bridgeport Rd, Tigard
Tanasbourne - 19440 NW Cornell Rd, Hillsboro
Bend - 2610 NE Hwy 20, Bend
Mercy Corps helps people in the world’s toughest places turn the crises of natural disaster, poverty and conflict into opportunities for progress. Driven by local needs, our programs provide communities with the tools and support they need to transform their own lives. Our worldwide team of 4,000 professionals is improving the lives of 19 million people through programs and partnerships in more than 36 countries.
Whether I'm talking with a nonprofit staffer, or a fellow nonprofit consultant, the topic of time always comes up. They'd like more time for:
- Designing a strategic plan
- Using social media
- Creative thinking
- Reflection and assessment
- Community building
- Professional development
- A personal life/vacation
- _________________ (fill in the blank)
As nonprofit staffers and nonprofit consultants, we have lots of ideas about how we can serve our causes, and create a sustainable work life, but if we can't figure out how to work with our relationship to time, we can't actualize all of our great ideas.
I'd love to hear your time management tips for nonprofits and nonprofit consultants. How do we get more of what we want to do done, and less of what we don't?
Please share your time management tips by July 26th!
For bloggers: You can enter your submission in one of two ways.
- Fill out the carnival form here
- Email a link to your post to nonprofitcarnival (at) gmail.com
Image credit: 500 years of democracy and peace uploaded to Flickr by Paul Downey.
|$10 — Teachers orientation in 5 days and Guardian meeting |
$25 — Examination in 3 times and Sports for students
$50 — Cultural program, Study tour and Day Observation
Continuing education is the advanced stage that non-formal education has taken which is why the people made literate through non-formal channel and for that mater the people with low level of literacy achievement intends to improve on their literacy skill & continue to learn eventually through out their life. It has been essential for us to take proper steps for development of the children of our country.
Project Needs and Beneficiaries
A very large amount of people of Bangladesh are poor & illiterate. In fact illiteracy is the greatest curse of our country. The poor parents cannot afford to send their children for school. As the parents are illiterate they cannot help their children by given them even the knowledge of letters. An illiterate man cannot understand his good or bad. So his duties towards his children are not efficient or right.
Under these circumstances, it has been essential for us to take proper steps for development of the children of our country. The effective steps may be in cause of awareness child education and their realty increase of skill increasing and income generating project. Childhood is the golden period of life. If he makes a proper division of his time and performs his activities or duties accordingly, he is sure to improve and proper in life.
Potential Long Term Impact
- The target groups especially the learners will be more careful on the educational
impacts relating to non-formal education.
- The traditional education system for children should be changed.
- The general people will be encouraged to send their children in schools by thinking
the future need.
- Child rights would be increased.
Will be established the human rights by giving knowledge about humanoid obligations aware motivated the guardians about the need of education and skill development in education institution
- Md. Moniruzzaman, Project Director
Project Sponsor: Aid Organization (AO)
Theme: Education | Location: Bangladesh
Funding to Date: $0 | Need:$5,000
Project #8212 on GlobalGiving.org