Angels, Venturists and the 'Avant-Banker'
Many summers ago … Clara Peller asked the question, "Where's the beef?"
The question came to the Vancouver Social Enterprise Forum this week in the wake of discussing the role of various funders, structural gaps, and opportunities to create a broader financial infrastructure for enterprising non-profits.
Here is the text of a presentation made by Bill Young of the Social Capital Partners. Bill's remarks were made as part of the Ketchum Leaders in Philanthropy Series. His comments draw attention to broader participation in the development of social innovations in Canada. Two structural issues are worthy of deeper consideration a) the degree of dependence on one funder, i.e. the government, and b) the degree of dependence on one financial structure, i.e. a grant for a programme.
Bill will be at the Social Venture Institute gathering at the Hollyhock Retreat Centre on Cortes Island (September 12 - 16, 2004). The SVI gathering will focus on storytelling and practical skill sharing. The event is billed as
"giving access to valuable insights and guidance, ... the opportunity to present
your business challenges to expert respondents and peer reviews. Seminar themes
include raising second stage capital, overcoming sales and marketing challenges,
and managing organizational change. Be prepared for a rich mix of people,
resources, and deep reflection on why, who, and how business can be used as an
important method to support values and missions in the world".
Will you be there?
If finding the funds is an issue, consider turning to Canada Helps for assistance on the road to Hollyhock
For those going to Hollyhock ... this item by Jed Emerson might add some sparkle to those evening fireside chats. Here's Emerson’s 'Horse Manure and Grant Making' from the Foundation News.
Keep in the loop.
Labels: Angel Investment, Bank, Venture Capital
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