This category includes articles about social entrepreneurs, typically about businesses with a for-profit model with a social mission embedded into the fabric of the business.
This category includes articles about social entrepreneurs, typically about businesses with a for-profit model with a social mission embedded into the fabric of the business.
Global Wi-Fi Provider to Help Social Entrepreneurs Drive Social Change through Mobile Connectivity
OXFORD, England, April 8, 2014 – iPass Inc. (NASDAQ: IPAS), providing cost-effective Wi-Fi access around the world for enterprises and telecom service providers, and the Skoll Foundation, the world’s leading social entrepreneurship and social innovation organization, today announced they have joined forces to provide mobile connectivity solutions to help Skoll Social Entrepreneurs tackle some of the world’s most pressing problems.
The iPass-Skoll Foundation initiative is being introduced at the annual Skoll World Forum on Social Entrepreneurship, which runs from April 9 through April 11 in Oxford, England. The Forum brings together nearly 1,000 distinguished leaders from the business, government, and civil society sectors for three days and nights of debates, discussions, and work sessions designed to promote innovative solutions to global challenges. High-profile speakers include Malala Yousafzai, the renowned human rights activist who was shot by the Taliban at age 15 and later established The Malala Fund, dedicated to promoting education for girls around the world.
At the Forum, iPass will provide more than 100 Skoll Foundation Social Entrepreneurs with iPass Wi-Fi service free of charge for one year. With the iPass service, entrepreneurs will be able to stay connected wherever their work may take them as they tackle critical social issues and visit beneficiaries and stakeholders. During the coming year, several Social Entrepreneurs will share their stories through blogs detailing how iPass Wi-Fi and other technologies are helping them stay connected while they travel.
Skoll Social Entrepreneurs who will be blogging about their respective organizations and use of technology during the year include:
“Mobile connectivity is critical to our social entrepreneurs’ work around the world, in some of the most remote places on earth. Yet global access to mobile connectivity is still not as affordable as people might think,” said Sally Osberg, President and CEO of the Skoll Foundation. “These entrepreneurs need to be connected with team members and partners, and communicate, share information, and make decisions in real-time. iPass will be an invaluable tool to keep them connected to what matters most. ”
“iPass strongly supports the mission of the Skoll Foundation to drive large-scale change by investing in, connecting, and celebrating social entrepreneurs,” said June Bower, CMO of iPass. “The Skoll Foundation is at the forefront of innovation, and iPass is honored to play a role in assisting the Skoll Social Entrepreneurs in their efforts to accelerate and scale impact. Mobile connectivity can play a key role by allowing these leaders to work and stay connected as they travel across the globe.”
About the Skoll World Forum
The Skoll World Forum on Social Entrepreneurship is the premier, international platform for accelerating entrepreneurial approaches and innovative solutions for the world’s most pressing social issues. The Forum comprises an annual event that convenes nearly 1,000 distinguished delegates from the social, finance, private, and public sectors in Oxford, England, and the Skoll World Forum Online, a year-round global communications platform that provides aggregated news, perspectives, and stories on social entrepreneurship and a spectrum of issues. Strategic partnerships with leading media institutions and other organizations—including Forbes, CNN, and Reuters—expand the reach of Skoll World Forum Online content to a broad and influential audience.
About the Skoll Foundation
Jeff Skoll established the Skoll Foundation in 1999 to drive large-scale change by connecting, celebrating and investing in social entrepreneurs and the innovators who help them solve the world’s most pressing problems. Social entrepreneurs are society’s change agents—creators of innovations that disrupt the status quo and transform our world for the better. By identifying the people and programs already enacting positive change throughout the world, the Foundation empowers them to extend their reach, deepen their impact, and drive toward a sustainable world of peace and prosperity.
About iPass Inc.:
iPass helps enterprises and telecom service providers ensure their employees and subscribers stay well connected. Founded in 1996, iPass (NASDAQ: IPAS) is the world’s largest commercial Wi-Fi network and trusted connectivity platform, with 2.2 million hotspots across 130 countries and territories. iPass also delivers access to millions of community hotspots around the globe. iPass gives its customers easy connectivity for smartphones, tablets and laptops around the world—simply, securely and cost effectively. For more information, please visit: www.ipass.com and the iPass blog, Smarter Connections.
NOTE: iPass® is a registered trademark of iPass Inc. Open Mobile, OME, Open Mobile Express, Open Mobile Exchange and OMX are trademarks of iPass Inc. Wi-Fi® is a registered trademark of the Wi-Fi Alliance. Other company names, logos and product or service names mentioned herein are the trademarks owned by their respective owners.
National Initiative Launched by The Hitachi Foundation, Village Capital, and Investors’ Circle
WASHINGTON, DC (April 8, 2014) – A new initiative that discovers business solutions to social issues by linking entrepreneurs with investment capital and mentoring was announced today by The Hitachi Foundation, Village Capital, and Investors’ Circle.
The initiative, SOURCE: Solutions from Our Country’s Entrepreneurs, is a first-of-its-kind collaboration between the three organizations that addresses the existing disconnect between investors and entrepreneurs by engaging investors, mentors, and communities early in the business building process.
“SOURCE supports our belief that business has an essential role to play in addressing many of the complex challenges of our time,” said Barbara Dyer, president and CEO of The Hitachi Foundation, the primary funder of the collaboration. “SOURCE will strengthen the U.S. entrepreneurial economy by connecting early stage ventures with investors – creating business solutions for critical social issues.”
SOURCE will work with entrepreneurs and investors to address challenges that impact low-wealth individuals. The initiative will select up to fifteen entrepreneurs to participate in a comprehensive business accelerator program run by Village Capital.
“Bringing together the entire value chain of customers, corporate partners, policymakers, and local assets will help us discover viable business solutions,” said Ross Baird, executive director of Village Capital, the leader of the accelerator program. “The program curriculum is focused on improving ventures’ ability to meet customer demand and draws on the power of peer support to uncover enterprises that can change the world for low wealth individuals.”
At the conclusion of each three month cohort, the entrepreneurs select the two most promising businesses from among their peers to receive investment capital from Village Capital and its co-investors, many of whom are members of Investors’ Circle. “We see increased interest from investors about impact investing opportunities, and SOURCE provides an excellent way to engage investors with early stage entrepreneurs by offering each investor’s business experience and mentorship in addition to their financial investment,” said Bonny Moellenbrock, executive director of Investors’ Circle, the largest early-stage impact investing network in the world.
In its first year, the issue areas will be financial inclusion, healthcare, energy, and agriculture (planned). The financial inclusion cohort begins April 30 in San Jose, Calif. Applications for the healthcare cohort will be accepted until April 14. Applications for the energy cohort will be accepted until May 11.
About The Hitachi Foundation
The Hitachi Foundation is an independent, philanthropic organization that seeks to discover, demonstrate and expand business practices that both measurably improve economic opportunities for low-wealth individuals in the U.S. and enhance long term business value.
About Village Capital
Village Capital uses the power of peer support to build companies that change the world. We recruit entrepreneurs who are solving major global problems in the areas of health, energy, education, financial inclusion, and agriculture. We operate business acceleration programs with a curriculum focused on improving ventures’ ability to meet customer demand. Through a unique investment model, entrepreneurs themselves decide which innovations receive critical early-stage investment capital from Village Capital and partner investors.
About Investors’ Circle
Investors’ Circle (IC) is the largest early-stage impact investing network in the world. Together with hundreds of angels, venture capitalists, foundations and family offices, IC has propelled over $175 million into more than 275 enterprises dedicated to improving the environment, education, health, and community. A nonprofit organization, IC cultivates its impact investor network, provides opportunities for high-potential impact entrepreneurs to meet impact investors, and facilitates investment.
Rotarians Worldwide Deliver Clean Cookstoves to High-Risk Families in the Himalayas
TAOS, NM (April 7, 2014) – On the heels of the World Health Organization’s recent pollution fatalities report stating that one in eight deaths worldwide can be attributed to breathing tainted air—making it the world’s largest environmental health risk—the Taos Milagro Rotary Club has announced a new Global Collaborative Outreach Partnership with the Himalayan Stove Project.
A volunteer-run humanitarian organization, the Himalayan Stove Project donates and distributes free, clean-burning, fuel-efficient cookstoves to help the people of the High Himalayas reduce rampant fuel consumption and deadly Household Air Pollution.
The Taos Milagro Rotary Club, which has supported the Himalayan Stove Project since its inception in 2010, is now spearheading a global outreach effort for the organization in order to educate and mobilize Rotary Clubs across the United States as well as in England, New Zealand, Australia and Nepal.
“Recent reports provide overwhelming evidence that the toxic indoor air pollution and environmental damage caused by rudimentary cookstoves in the Himalayas are issues of urgent, global import,” says Jay Wood, president of Taos Milagro Rotary Club, referring to the World Health Organization’s pollution fatalities report as well as the recent World Bank report on climate change. “With the help of Rotarians worldwide, and the thousands of Rotary Clubs around the world, we hope to bring attention and assistance to the Himalayan Stove Project’s multi-year mission, which has the power to save millions of lives and dramatically slow climate change.”
Wood reports that since the Global Collaborative Partnership was established in February 2014, it has already organized clubs from New Mexico to Wisconsin and from New Zealand to Nepal to deliver and install 243 stoves to remote villages in the Himalayas by summer 2014. This global network contribution constitutes a major part of the more than 3,000 stoves that the Himalayan Stove Project has already installed. Woods and Himalayan Stove Project Founder and Taos Rotarian George Basch anticipate that stove installations will increase dramatically as the Global Collaborative Partnership gains worldwide awareness and traction.
“Household Air Pollution, or the ‘silent killer,’ is responsible for more than four million global deaths each year—more even than the mortalities caused by malaria, HIV/AIDS and tuberculosis combined,” says Basch, echoing Actress Julia Roberts, the Global Ambassador for the Global Alliance for Clean Cookstoves, who says, “I strongly believe that cooking shouldn’t kill. Don’t you?” “I am thrilled to see Rotary’s international community of humanitarians take up the flag to help end this epidemic and protect the people and environmentally significant ecosystem of the Himalayas.”
The Himalayan Stove Project was founded by adventurer, photographer and entrepreneur George Basch to help bring an end to Household Air Pollution, a little-known global pandemic caused by pollution from rudimentary cooking methods in developing countries. An implementing partner of the Global Alliance for Clean Cookstoves, the Himalayan Stove Project donates and distributes free, clean-burning, fuel-efficient Envirofit cook stoves to people of the High Himalayas to reduce their cooking fuel consumption by 80 percent, thus improving air quality and protecting important environmental resources. With the support of key corporate sponsors such as Eddie Bauer, adidas, Kahtoola, MSR, 1% for the Planet, and Rotary, the Himalayan Stove Project has installed more than 3,000 clean-burning Envirofit® stoves in impoverished homes across remote mountainous regions of Nepal.
For more information about or to donate to the Himalayan Stove Project, located at 1335 Paseo del Pueblo Sur, #305, Taos, NM, 87571, visit http://www.himalayanstoveproject.org/transforming-lives or www.facebook.com/himalayanstoveproject, or call 505.363.8863. Donations can also be made by texting “stove” to 50155. For media interested in high resolution images, further information or scheduling an audio, Skype or FaceTime interview with George Basch, contact Holly Padove at On the Horizon Communications (805.773.1000; Holly@thepressroom.com).
New York City, NY (April 4, 2014) – The Minority Business Hall of Fame and Museum (MBHF&M) and the University of Washington – Foster School of Business announce a collaboration to honor individuals and institutions that are leading the growth of minority business enterprises. On May 13, the Foster School of Business will unveil an exhibit that will honor individuals who have been inducted into the MBHF&M.
The collaboration will include the first ongoing public display that recognizes members of the MBHF&M and reflects the Foster School’s desire to inspire the next generation of minority entrepreneurs and business leaders. Our future plans call for the enhancement of the website which will highlight historical papers and other important documentation of more than 50 inductees and future inductees.
Beyond the exhibit, the MBHF&M and the Foster School of Business will in future years jointly sponsor symposia on the state of minority-owned businesses and engage faculty from Historically Black Colleges and Universities (HBCUs) and Minority Serving Institutions (MIs) in building the next generation of honorees.
In trying to find a permanent location for the MBHF&M, the executive committee and the board of directors of the Hall of Fame decided to collaborate with the University of Washington’s Michael G. Foster School of Business because of its outstanding commitment to minority business development. The MBHF&M was also impressed by the enthusiasm that the leadership of the Foster School of Business displayed in welcoming collaboration with the Hall and in making it a location that all who are concerned and involved in minority business development would want to come and visit for its historical significance.
“The MBHF&M is pleased to be associated with UW Foster School of Business in honoring individuals and organizations that have made a substantial contribution to minority business development. This collaboration with the MBHF&M is an important milestone and it takes recognizing minority business leaders to a new level, “said John F. Robinson, President and CEO of the MBHF&M.
John F. Robinson
$10 million investment will support the economic and social advancement of women in developing countries
Bethesda, MD, April 3, 2014—Bank of America is investing $10 million in Calvert Foundation to make loans to organizations that support women in developing countries throughout Latin America, Asia, Africa and Eastern Europe. These organizations positively affect women in a number of ways, from connecting women-led small-to-medium enterprises (SMEs) with financing, to providing access to services and products.
Supporting women is critical for creating jobs, sparking local revitalization and building a more vibrant economy. It is estimated that less than ten percent of women operating SMEs have access to capital, and access to financing is continually identified by women entrepreneurs as a major constraint to growing their businesses. Additionally, SMEs with full or partial female ownership represent 31-38 percent of formal SMEs in emerging markets. These firms typically employ between 5-250 people, representing a significant share of employment generation and economic growth potential.
Jennifer Pryce, Calvert Foundation President and CEO commented: “We have a strong partnership with Bank of America—they’re not only one of our biggest institutional investors, but this new investment is the largest we’ve received to promote women’s economic empowerment and development. We’re aligned in our goals to empower women around the world, and the nature of the bank’s investment enables us to provide more patient capital, something our portfolio partners need.”
Anne Finucane, Global Strategy and Marketing Officer at Bank of America commented: “Combining our resources with Calvert’s know-how is a prime example of the role business can play in addressing a significant challenge, in this case a distressing lack of access to capital for women entrepreneurs. These types of partnerships are essential to women’s economic empowerment.”
Calvert Foundation brings its experience investing in women to managing Bank of America’s investment. Calvert Foundation’s Women Investing in Women Initiative (WIN-WIN), launched in 2012, has invested more than $20 million in organizations that empower women in the U.S. and internationally.
The partnership with Calvert Foundation builds on Bank of America’s longstanding commitment to the economic empowerment of women. Through some of our Community Development Financial Institution partners, philanthropy, and business operations, Bank of America is connecting women to the human, social and financial capital needed to succeed, and in the process strengthening local economies around the world.
Teams Race from New Orleans to Detroit to Win $25,000 for Their Charity of Choice on May 23
(New York, NY, April 2, 2014) – Today, Escape announced the 3rd Annual Escape for Good charity race, which will take place starting Friday, May 23, 2014. Donning the costumes and personas of their favorite heroes, two-person teams must travel from New Orleans, LA to Detroit, MI with no money in their pocket. The participants will make the thousand-plus mile trek in 36-hours using their good wit and power of persuasion.
Each Escape for Good NOLA team will raise money for their charity of choice, with the winning team receiving a bonus prize of $20,000 for their charity, and the runner up garnering $5,000. The Seminole Tribe of Florida generously donated the bonus prizes.
As teams travel through the Midwest (with a stopover in Graceland), they will call upon their followers on Instagram, Twitter and Facebook for support, along with their charities and race sponsors. Over the course of the 36-hour race, the team that gets the most “Escape Miles,” a combination of distance, mode of transport (the greener the better), and a treasure hunt along the way, wins the bonus prizes for their charity.
“When we started Escape for Good three years ago, it was all about creating a charitable event that didn’t involve large production budgets, but instead harnessed the power of the internet and social media to impact people’s lives in a positive way,” explained Escape Founder Rocco Gardner. “On our first Escape for Good, my teammate and I dressed up as giant bunny rabbits and managed to get from NYC to South Beach, Miami. It’ll be fun watching as teams come up with creative ways to make the journey from New Orleans to Detroit. We are excited that the Seminole Tribe of Florida are joining us in our efforts again this year and wish to thank them for their continued support.”
Contestants will capture each moment of their adventure via smart phones and cameras, providing followers and fans an inside and instant look as the race unfolds. Content is cross promoted by charities, sponsors and fans alike, magnifying the race’s outreach to a broad audience. The Escape’s content will be broadcasted to millions via traditional media, including radio, television and online.
To sign up to enter teams visit www.esca.pe. Teams must raise a minimum of $250 for their charity to qualify for the start line. The Escape contestants will be treated to a starting party in New Orleans, finish line celebration in Detroit and the winners will be announced on May 25 at an awards ceremony brunch.
Past Escape for Good races, originating in New York City and Los Angeles have earned $10,000 and $20,000, respectively with teams crossing the country (and even the Atlantic) dressed in hero attire.
Escape is the creative vehicle of experiential agency Escape Productions LLC. Founded in New York City in 2009, Escape recently acquired a new home base in the high desert on the private 40-acre ranch, “Rancho V”, situated in Pioneertown, California. Escape’s Rancho V serves as a hub for musicians, photographers, thought leaders, and pioneers from across the globe, to find their true “escape”, and adopt an efficient and direct course to their goals. Rancho V also hosts recording sessions in its state-of-the studio and photo shoots in its desert retreat locale.
By enabling and empowering a community of artists, inspired entrepreneurs, connectors, altruistic developers and more, Escape is committed to improving the circumstances of others. Escape’s founder Rocco Gardner brought the inaugural Escape to New York festival to New York in 2011 on the Shinnecock Indian Nation Reservation. Since then Escape has hosted similar events in Montauk, NY; Los Angeles, CA whilst developing its Escape for Good race and agency. The organization continues to work with the Native American Tribes, creating immersive, one-of-a-kind experiences and economic development opportunities.
New York, NY (April 1, 2014) – Harlem Pride, New York City’s SGL/LGBT organization representing the residents of the uptown enclave has announced Sunday, June 22nd through Sunday, June 29, 2014 as the 5th Annual Harlem Pride Week . The theme of this year’s week-long celebration is “There’s No Place Like Home,” a reference to the 40th anniversary of the 1974 Broadway musical The Wiz. The Tony and Drama Desk Award winning musical starred recording artist Stephanie Mills, directed by Geoffrey Holder and highlighted the choreography styling of Harlem resident, George Faison. In 1978, Quincy Jones produced the film version of the popular Broadway musical. The film showcased Harlem USA and starred entertainment legends; Michael Jackson, Diana Ross, Lena Horne and Richard Pryor.
Carmen Neely, Harlem Pride, President states “We are honored to celebrate our Harlem Pride 5th Anniversary Celebration. It’s been a wonderful five years and our growth has been tremendous. We thank all who have supported us through these years and invite folks who are new to us to come be a part of our family as we celebrate SGL/LGBT PRIDE in Harlem!” Harlem Pride Week 2014 will commemorate and rejoice in the great courage, brains and heart of a community, when thousands of Same Gender Loving (SGL) and Lesbian, Gay, Bisexual, and Transgender (LGBT) NYC residents and tourists are expected to converge upon Harlem to enjoy one of the city’s most extraordinary events.
You don’t want to wait until June to celebrate pride, join Harlem Pride Members every first Wednesday of the month from 6-10pm for “In The Mix” dates at Aloft Hotel Harlem, 2296 Frederick Douglass Blvd. (between 123rd & 124th Street), New York, NY 10027. The evening is a networking gathering of small business owners, entrepreneurs, community supporters and friends who come together in the spirit of Harlem. Upcoming Harlem Pride are scheduled for Wednesday, May 7th, and June 4th.
Global Network of Black Pride is honored to support Public Relations and Event Management services for the 2014 Harlem Pride Week. Other 2014 sponsors include: Official Hotel Sponsor, Aloft Hotel Harlem; Media Sponsor, Columbia (Harlem) FunMaps and Official Travel Sponsor, Zenbiz Travel.
NEW YORK, April 2, 2014 – Through a new initiative created to honor and to recognize top women in philanthropy, nonprofit fundraising, cause advocacy, and social enterprise, the NYU School of Continuing and Professional Studies (NYU-SCPS) George H. Heyman, Jr. Center for Philanthropy and Fundraising (scps.nyu.edu/phil) will hold its 1st Annual Women in Philanthropy Summit on Monday, April 28, 9 a.m. to 5 p.m., at the NYU Kimmel Center for University Life.
The one-day event will feature prominent leaders in a broad array of professions, who are working locally, nationally, and globally to improve the status of women and to change the face of philanthropy and social entrepreneurship.
“We want to initiate a new, multigenerational conversation that identifies emerging leadership challenges and promotes improved cross-sector collaboration for women and girls,” said Naomi B. Levine, executive director of the NYU-SCPS George H. Heyman, Jr. Center for Philanthropy and Fundraising. “Through thoughtful conversation, speeches, and intelligent debate, the Women in Philanthropy Summit will highlight some of the best examples of women’s cause leadership and will focus on emerging innovators who are utilizing new strategies to raise awareness of women’s and girls’ issues—at home and abroad.”
During the event, the NYU-SCPS Heyman Center also will bestow awards upon distinguished and nationally renowned leaders in the industry. Among the honorees are Karen Brooks Hopkins, president of Brooklyn Academy of Music (BAM), who will receive the Lifetime Achievement Award; Ron Bruder, founder and chair of the board of Education for Employment (EFE), who will be recognized with the Excellence in Philanthropy Award; and Kimberly Bryant, founder of Black Girls Code, who will receive the Rising Star Award.
Nancy Lublin, chief executive officer of DoSomething.org, who will be awarded the Nonprofit Leadership and Innovation Award, will present the luncheon keynote address. The results of a recent Harris Poll also will be announced at the Summit by Stacy Palmer, editor of The Chronicle of Philanthropy, and Marcia Stepanek, chair and curator of the Women in Philanthropy Summit, NYU-SCPS Heyman Center adjunct instructor, and president of BrandStories. Kate Roberts, a senior vice president of Corporate Partnerships and Philanthropy at Population Services International, co-founder of the Women’s Investment Network, and the founder of YouthAIDS and Five & Alive, will deliver remarks regarding new efforts to target women donors for funding of causes for women and girls.
The program also will include a number of panels featuring notable leaders in philanthropy and fundraising. Panels include:
Registration fees are $175. NYU students pay a discounted price of $75. For more details or to register, visit scps.nyu.edu/womenssummit.
About the NYU School of Continuing and Professional Studies
Established in 1934, NYU-SCPS (scps.nyu.edu) is one of NYU’s several degree-granting schools and colleges, each with a unique academic profile. The reputation of NYU-SCPS arises from its place as the NYU home for study and applied research related to key knowledge-based industries where the New York region leads globally. This is manifest in the School’s diverse graduate, undergraduate, and noncredit programs in fields such as Real Estate, Real Estate Development, and Construction Management; Hospitality, Tourism, and Sports Management; Global Affairs; Fundraising and Grantmaking; Publishing; Professional Writing; Human Resource Management and Development, Marketing, Public Relations and Corporate Communication, Management and Systems, Advanced Digital Applications, Graphic Communications Management and Technology, Project Management, and Accounting, Finance, and Law; Liberal and Allied Arts; Foreign Languages, Translation, and Interpreting; Applied Politics; and Health Information Management.
More than 100 distinguished full-time faculty members collaborate with an exceptional cadre of practitioner/adjunct faculty and lecturers to create vibrant professional and academic networks that annually attract nearly 5,000 degree-seeking students from around the globe. In addition, the School fulfills the recurrent continuing higher education needs of local and professional communities, as evidenced by close to 48,000 annual noncredit enrollments in individual courses, specialized certificate programs, workshops, and seminars. The School’s community is enriched by more than 27,000 degree-holding alumni worldwide, many of whom serve as mentors, guest speakers, and advisory board members.
NEW ORLEANS, LA. (April 1, 2014) — Propeller: A Force for Social Innovation is proud to announce it has received a three-year, $1.295 million grant from the W.K. Kellogg Foundation.
The grant, which runs through 2017, was garnered off the strength of Propeller’s accomplishments, both through successful ventures coming out of the Social Venture Accelerator and its community outreach, including the opening of a 10,000 square foot incubator space with rentable work- and event space and continuing education workshops.
William Buster, director of New Orleans programming for WKKF, said social entrepreneurs are uniquely poised to affect great change in the state. “The work of social entrepreneurs is positively impacting the health and well-being of our children and families by increasing the quality or access to healthy food and programs in the community,” Buster said. “Additionally, social entrepreneurs are concurrently building economic stability for our most vulnerable families and communities.”
This investment will allow Propeller to continue to accelerate and evaluate the impact and financial sustainability of early-stage ventures in public health, food access, and education through social innovation competitions and the Accelerator program.
Propeller is now accepting applications for its fourth Accelerator cohort at www.GoPropeller.org/Accelerator. The 10-month program takes early-stage ventures, both non- and for-profits, and pairs them with professional consultants, pro bono technical assistance, training, office space, and access to networks to become successful and create significant impact for underserved communities in New Orleans.
Each Accelerator class is comprised of “Accelerator Fellows” who lead initiatives to drive innovation in sectors such as public health, food access, education and environmental conservation for the benefit of disadvantaged communities. Successful Propeller ventures include the Healthy School Food Collaborative, which has scaled to administer healthy and delicious school meals to 39 percent of all public schools in Orleans Parish. The Justice & Accountability Center of Louisiana, which provides criminal record expungements for non-violent offenders has served 1,000 clients to date.
The 2012-2013 Accelerator featured 12 startup ventures, which generated $3.2mm in incremental revenue and 32 new jobs during the 10-month program. The 2011-2012 Accelerator featured nine startup ventures and collectively generated $2.2mm in incremental revenue and financing and 40 new jobs during the 10-month program. The 2013-2014 Accelerator is currently underway with 15 ventures with solutions in public health and blight reduction.
Neil Gibbons, Propeller Board Chair, said, “We are deeply appreciative of the Kellogg Foundation’s acknowledgment of the results Propeller manages to achieve in meeting community challenges and fostering economic development.”
“We are thrilled to deepen our social impact and to grow the social innovation community in New Orleans,” said Andrea Chen, Propeller Executive Director.
The fourth Accelerator program is currently accepting applications until June 10, 2014 (www.GoPropeller.org/Accelerator). PitchNOLA: Living Well features live pitches from public health and food access innovators on April 24, 2014 (www.GoPropeller.org/pitchnola/).
About Propeller: A Force for Social Innovation: Propeller: A Force for Social Innovation is a non-profit that incubates innovative community-based ventures to solve New Orleans’ social and environmental challenges. Each year, Propeller incubates 12 to 15 early-stage ventures in its Social Venture Accelerator, a 10-month program for social entrepreneurs, offering hands-on support, access to networks, policy support, peer-to-peer learning and free use of co-working desks at the Propeller Incubator. (www.GoPropeller.org)
Contact: Julia Stewart
Military veterans with entrepreneurial dreams are invited to compete for start-up money to open their own business. Signal 88 Security’s contest, Operation American Dream, is in its second year and will again provide veterans with an opportunity for success.
According to the U.S. Small Business Administration, veterans own 2.4 million, or approximately one in 10, small businesses. It also notes that in the private sector, veterans are 45 percent more likely than those with no active-duty military experience to be self-employed.
Between April 1 and May 15, 2014, Army and Air Force veterans are invited to submit a video explaining why they want to open their own business. Submissions will be accepted online at www.signal88.com/OperationAmericanDream.
The winning submission will be decided through a public vote on Signal 88 Security’s Facebook page on Thursday, May 22, 2014. The contestant with the most votes will receive $5,000 to start his or her own business, or $10,000 if he or she chooses to open a Signal 88 Security franchise.
Signal 88 Security has been listed among the top 10 percent of military-friendly franchises by G.I. Jobs as well as recognized as a Top 100 Franchise for Veterans by Franchise Business Review.
For additional contest information, or to submit a video, visit www.signal88.com/OperationAmericanDream. Marine and Navy veterans, stay tuned. Your chance will come in October 2014.