Ajay Nagpal | Social Entrepreneurship

Ajay Nagpal, a senior executive in financial services, advocates for the next generation of social change leaders.

Tag: Echoing Green

What Everyone Ought to Know About These 5 Social Innovator%2FChangemaker Organizations | Ajay Nagpal

What Everyone Ought to Know About These 5 Social Innovator/Changemaker Organizations

What Everyone Ought to Know About These 5 Social Innovator%2FChangemaker Organizations | Ajay NagpalSolidarity, cooperation, and cultural diversity are cornerstones of social innovation, which centers on meeting the social needs of the public.

A decided focus on fostering community development, education, and health has helped to empower communities, particularly these efforts are coupled with distance learning, online volunteering, activism, and other forms of social purpose innovations.

If you’d like a clear and firm understanding of what it means to be a social entrepreneur or changemaker, please read on to learn a few things about a handful of influential organizations that’s made it their mission to improve initiatives around economic development, racial and gender equity, environmental sustainability, and more.

  1. Ashoka Changemakers | Ashoka Changemakers is a foundation that’s identified what means to be a confident and efficient changemaker. By teaching empathy, teamwork, change-making, and new leadership as the four essential elements of their framework, they highlight explicit an understanding that leading social entrepreneurs can grow communities, businesses, schools, and neighborhoods.
  2. Echoing Green | Echoing Green has supported visionaries for more than three decades. Since they were founded, they’ve helped to address racial and gender equity, environmental sustainability, and they’ve provided seed-funding, leadership development, and fellowship to talented individuals interested in growing the world.
  3. Stanford Social Innovation Review | SSIR is a program that focuses on advancing, educating, and inspiring those in the field of social innovation. Through the distribution of practice-based knowledge and the dissemination of the best research, they offer incredible insight to the public the form of conferences, magazines, podcasts, online articles, and more.
  4. TeachForAmerica | TFA is a leader when it comes to putting education first for our nation’s children. They’ve vowed not only to put more educators into the classroom, but they’ve assembled teachers, principals, social entrepreneurs, politicians, and others to create solutions and bring attention to the lack of resources students face in low-income communities. They’ve helped to strengthen educational equity: enlisting recruits, developing leaders, and mobilizing a network.
  5. Entrepreneurs FNDN | Established in Central Texas, the Entrepreneurs Foundation consists of a group of innovators focused on fostering community-minded company culture. With the help of some entrepreneurs, their businesses, and community members, the collection encourages community involvement, corporate philanthropy, social entrepreneurship, and mission-driven efforts to push for youth empowerment and other important causes.

These five groups are prime examples illustrating that social entrepreneurship is so much more than giving, it’s the techniques by which companies and organizations fund, develop, and implement solutions to environmental issues, cultural issues, and social issues. If you know of any other incredible foundations, organizations, or companies doing great work, please share!


Ajay Nagpal is the Chief Operating Officer at investment management firm Millennium. Ajay Nagpal supports social entrepreneurship through his work as a Board member of Echoing Green. Please visit his finance blog to learn more about economics! Also, find him on Behance!

Getting Global Social Entrepreneurs to the Next Level

This article originally appeared on Skoll.

Echoing Green provides seed funding and technical assistance to emerging social entrepreneurs. Over the last few years we’ve seen a significant increase in innovative enterprises making social change through for-profit business models. This year, 45 percent of applicants to our social entrepreneurship Fellowship program proposed for-profit and hybrid business models, a 30 percent increase since 2006.

When looking at trends in this applicant pool, we noticed more than a third of the applications proposed work in Africa, and more than half of those were for-profit and hybrid organizations. Kenya, Uganda, and Nigeria were among the top five countries of focus for the third year in a row.

From last year’s Global Entrepreneurship Summit in Kenya to the upcoming Skoll World Forum, international attention and energy is focused on entrepreneurship in Africa. Kenya, Uganda, and Nigeria are becoming social innovation hubs—with social entrepreneurs connecting, innovating new business models, and learning from each other. And increasingly they are using for-profit or hybrid structures to achieve their impact…

To read the rest of this article by By Min Pease, please click here


Ajay Nagpal is the Chief Operating Officer at investment management firm Millennium. Ajay Nagpal supports social entrepreneurship through his work as a Board member of Echoing Green. Please visit his finance blog to learn more about economics! Also, find him on Behance!

 

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