The much anticipated Office of Social Innovation and Civic Participation, led by Sonal Shah, was officially launched yesterday at the White House, despite the fact that the office has already been operating for several months.
The Obama Administration created the office to identify innovative non-profits and social businesses that have proven records creating solutions for social ills. The office includes the Social Innovation Fund, a $50 million fund for the first year, proposed by the President to scale these ventures.
You can listen to the coverage from NPR here.
The office is in its infancy stages and is seeking ideas from thought leaders in the industry on how to use the capital in the most impactful manor. Do you have any ideas on how the capital should be allocated?
Share your thoughts with the Obama Administration.
Here are a few ways to do so:
WhiteHouse.gov
White House on Twitter
White House on Facebook
Contributor Profile: Erik
Erik is a perpetually curious social innovator. As a serial entrepreneur, Erik knows a thing or two about change. As a co-founder of SocialEarth, Erik hopes to channel his passion for social advocacy into an innovative venue of social awareness for others. Website: SocialEarth
Twitter: @erikeliason
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Whatever your political persuasion, it’s hard to not like a president who is pushing social innovation such as this.
I Agree. Obama is an important supporter of social innovation and entrepreneurship. There is a lot of grass root support, but it’s great to see the backing from leadership in Washington.
[...] his support for social entrepreneurship and microfinance. He has already set up the first ever Office of Social Innovation and Civic Participation, and today used this speech to further cite support for social entrepreneurship and also as a [...]
Good post, thanks