There was, however, a recurring theme that I noticed in many of my conversations: franchising, financing, and technology.

But let me back up a bit…the night before I attended a panel discussion at The Foundation Center on donor management systems. As some of the organizations I am working with are revving up for full-on fund development, implementing an affordable donor management program seems like a good part of the plan. I was a little shocked when I arrived that probably 80% of the attendees were twice my age. I got up and asked a question regarding options for donor management systems that would work for organizations with staff who telecommute and lack a brick-and-mortar base of operations. The question was confused people–both in the audience and in the panel–but I got a helpful answer in the end. However, the answer suited my question by accident–these traditional programs aren’t being designed with 21st century social entrepreneurs in mind, they just may work out unintentionally.

The demographic of The Feast was a stark contrast. It was packed with social-media savvy social entrepreneurs, many of whom were connecting for the first-time in person after months of communicating via Twitter, blogs, or email. For these social innovators, both the presenters and the audience, there were three things that kept coming up: franchising, financing, and technology.

Franchising: Social innovators are continuing to apply business methods to social ventures. Many organizations (like SHEnterprises (who presented at The Feast), The Unreasonable Institute, and The Ayllu Initiative) have incorporated franchising or model duplication as part of their strategy in order to implement successful programs on a large-scale. The organizations plan to make necessary tweaks to variables–like geographic location, population, materials, etc.–and roll out easily replicable programs that will yield high social impact.

Financing: Each start-up social venture must decide early on whether or not it is going to be for-profit or nonprofit.  Many incubator programs, like Echoing Green, don’t “discriminate” between nonprofit and for-profit ventures and encourage both structures as a means for social innovation. The decision between  nonprofit and for-profit, for many entrepreneurs, may be based on practicality, organizational mission, or structure. For many young social entrepreneurs, a for-profit social venture is an exciting opportunity to prove that socially-minded business can be financially sustainable.  However, when it comes down to it–the lack of flexibility between the two legal structures and the type of financing available, has many would-be for-profit social entrepreneurs turning to the 501(c)3.  The new L3C  (Low-Profit Limited Liability Company) is a new option that addresses this issue, but many feel like it is not fully developed yet.

While turning to nonprofit status may seem like the only viable option for start-ups seeking seed funding, the next step is communicating with foundations and individual donors about social entrepreneurship–a still relatively new field that is experiencing high-growth.  Finding, and then competing, for these funds is another challenge.

Technology: Someone at The Feast asked, “Where did all of these people come from?” My thought, “The internet.” Over 1,000 tweets were posted during The Feast (here’s the twitter feed)…and I haven’t even gotten around to checking out all the amazing blog posts about it. So #1) These social innovators are connecting via social media to keep the conversation going, network, and problem solve. #2) These leaders are also utilizing technology to implement their programs. Charity:water (who presented at The Feast), in an effort to increase transparency in the organization, is geo-tagging digital photographs of their projects around the world. (I mean seriously, check this out.) Another organization, Frontline SMS (who also presented), is using text messaging solutions for nonprofits…because, guess what? Most of the people in the world do not have internet access. So technology doesn’t just mean using the best technology available in the world, but using the best technology available for a given situation to solve the world’s problems.

This goes back to my experience at The Foundation Center. We may need to re-design and re-think some of the traditional nonprofit tools, resources, and structures.  “Accidental” tools are probably not the best, and assuming that these tools will have multiplier effects across the world (either multiplying efficiency or inefficiency)–it probably makes sense to design these tools with intention. What technologies would help a virtual nonprofit office? What are easily replicable best-practices for start-up social ventures? (These best practices, arguably will be easy to communicate and transfer due to this population’s heavy use of social media.) How can we duplicate not just our programs, but our start-up structures, procedures, methods for transparency and accountability? How can we increase access to financing and encourage faith in social enterprise amongst investors ?

What do I see happening next? Well, The Feast did an amazing job connecting like-minded social innovators and continuing to inspire them to action. Now, the next step is finding out what are the limiting factors for development of start-up social ventures. The innovation is happening faster than the infrastructure supporting it can catch up. The good news: the hard part is over. Entrepreneurship is notoriously difficult to teach–they’ve got the goods, let’s give them the tools to succeed.

One week, two great events…(Part 2 of 2)

Event 2: NY 100 Party

We’re sick of the doom and gloom–the stories of revival coming out of this crisis need to be told too.–NEWYork 100

Last night I headed over to All Day Buffet’s NEWYork 100 Party at Brooklyn Bowl. All Day Buffet is the Scarlet Pimpernel of the growing social entrepreneurship scene…they are everywhere, doing good, somewhat disguised. When I got to the event last night, the first thing someone asked me was: “How did you hear about All Day Buffet?”  I told them that I had unknowingly come across them on  multiple occasions, but it wasn’t until recently that I realized that All Day Buffet was really behind it all.

The Scarlet Pimpernel

If you haven’t heard of it yet, the Feast Conference is All Day Buffet’s day-long conference in NYC on October 1st. The line-up is pretty impressive and includes: Cindy Gallop, founder of IfWeRanTheWorld; Annie Duke, professional poker player; and, Rod Arnold, COO of charity:water. And that’s just naming a few.

The Feast is self-described as:

A cross-disciplinary series of programs addressing social innovation and new ways to make the world a better place. Our secret sauce lies in a healthy combination of passion, creativity, and entrepreneurship to shift the way things are done – thereby changing individuals, industries, and ultimately the world.

When the All Day Buffet team is not organizing this massive event, they are busy orchestrating By/Association–their innovative network that involves hand-picking members and personally introducing them. Their tag line: “We know someone you should meet.”

And, as if that’s not all…in their free time All Day Buffet put together the comprehensive and super interesting NEWYork100–a list of “100 of the most innovative, rule- breaking, model-changing ideas to come out of the Big Apple.” The NY 100  is broken down into 8 categories: Art & Design, Business, Culture, Environment, Food, Non-Profit, Social Innovation, and Technology. These are definitely individuals, organizations, and businesses that you should meet.And, better yet, aspire to be among!

The fiesta at Brooklyn Bowl (a NY100 member) was free, open to the public, and had NY100 members floating around with self-drawn stars on their name tags. The most impressionable part of the evening was seeing first-hand how All Day Buffet is uniting and mobilizing a NYC movement. It was impossible to meet someone in the room-filled crowd who wasn’t doing great things in their respective fields.

Relatively new (it has only around for about a year and a half) and definitely tiny (it’s run by 2 people), All Day Buffet surely will give Business-As-Usual sleepless nights–if it isn’t already.  The City’s own 21st century superhero is unmasked!…if for a limited time only. Who knows what they are up to next!