Link Roundup- Bill Gates, Carbon Offsets

On Thursday, the Microsoft Chairman will post a question related to “how technology can be better utilized for charitable causes” to LinkedIn’s entire 19 million members. Link

Carbon offset providers jockey for credibility. Link

“I know that capitalism works, that American entrepreneurialism works, and we can damn well expect that private capital — not government money — will actually solve this problem.” Link

The 2000 Social Capital Community Benchmark Survey shows that households with incomes below $20,000 gave a higher percentage of their earnings to charity than did any other income group. Link

Social Entrepreneurs In The News

Today, the once-struggling venture has morphed into a primarily for-profit enterprise. And the striking transformation of In2Books is emblematic of a larger trend: charities are changing their spots and making use of some of capitalism’s virtues.

The process is being pushed forward by a new breed of social entrepreneurs who are administering increasing doses of bottom-line thinking to traditional philanthropy in order to make charity more effective.

Link

New York Women Social Entrepreneurs (NYWSE) every fourth Thursday

From NYWSE:

Please join New York Women Social Entrepreneurs (NYWSE) every fourth Thursday of the month for engaging discussions.

NYWSE is proud to present a special guest who will be speaking at our March 27 meeting. Lara Galinsky is VP of Strategy at Echoing Green and co-author of Be Bold, which is “a call to action for a new generation of social leaders.”

“Echoing Green is a nonprofit organization that identifies and supports emerging social entrepreneurs and the launch of their groundbreaking organizations. Since its launch in 1987, Echoing Green has invested nearly [US]$25 million in seed and start-up grants to over 400 social entrepreneurs and their innovative organizations, to spark social change.”

For more information on Echoing Green, you can check out their website at www.echoinggreen.org.

NYWSE is also in the process of starting up a book club. New members and book suggestions are welcome!

Finally, don’t forget our February 28 meeting. Please confirm to receive directions.

To confirm your attendance to the events, sign up for NYWSE’s book club, and for general information please email: natalia.oberti_noguera@aya.yale.edu

Deloitte Announces Innovative Pro Bono Program & $50 M Commitment

Today, Deloitte is announcing the launch of a three-year, $50 million dollar commitment to support a new pro bono program designed to transform the way they support charitable organizations and strengthen the nonprofit sector.

While the size and scope of Deloitte’s commitment is truly impressive, the most significant element of their new program is the fact that Deloitte is fundamentally changing the way they approach pro bono in order to bring the full strength of their organization to bear for nonprofits. This innovative program is intended to serve as a model for other businesses looking to establish more effective pro bono programs.

As the overstretched nonprofit sector faces increasing pressure to solve critical social issues, a great deal of attention is being focused on how to leverage the strengths of the business community to build capacity for the nonprofit sector. Deloitte’s new pro bono program is a great example of how one company is rising to the challenge in hopes of creating meaningful social impact.

Here’s the link to the press release.

It’s still unclear how much a company profits from doing good, but a new study of international executives shows it certainly doesn’t hurt business

From Business Week:

It is one of the biggest questions in corporate governance: Is there really any financial payoff for promoting enlightened social, environmental, and ethical practices? Or are companies that get the most attention for doing good merely those that can afford to do so?

Link

IBM Develops Software For Microfinance Institutions

Here now, an exciting development. IBM has developed a “microfinance processing hub,” i.e., a shared infrastructure and software platform that provides groups of MFIs with a centralized core banking system, data center, operations management, and transaction processing. “When we started to work on the Microfinance initiative of IBM, we found that gaining access to appropriate back-office technology was the single most important obstacle for the growth of small institutions and the microfinance industry in general,” says Alberto Jimenez, Global Business Advisor for the Financial Services Sector of IBM.

Link to CGAP.

University Technology and Entrepreneurship: Anatomy of Spin-outs

Here’s a neat little event for those of you who are in the tri-state area: MIT Enterprise Forum of NYC presents University Technology and Entrepreneurship: Anatomy of Spin-outs

Learn about the role area universities are playing in developing new technologies and fostering entrepreneurship. A panel of experts will discuss how ideas move from the Petri dish to production and how nascent entrepreneurs can go from a university lab or incubator to leading a commercial venture.

The panel will be moderated by Dr. Brian Kelly, who is the Director of Cornell University`s Center for Technology, Enterprise & Commercialization . The panel members will include: Mr. John P. Elton, Partner at iNovia Capital; Mr. John Fox, CEO of Innovation Fuels, the first company to enter and graduate from Pace University’s incubator; Dr. Donna Rounds, Associate Director of Technology Transfer at Columbia University; Mr. Sven Jacobson, Principal at a seed stage investment fund, Carrot Capital; Mr. Franklin Madison, Technology Program Director for Industrial and Technology Assistance Corporation (ITAC); and Mr. Kevin Greaney, the President and CEO of Children`s Progress, a spinout from Teacher’s College, Columbia University that makes products and tools to assess learning skills for children.

Muhammad Yunus, An Example of Drucker’s Principles

Weekend reading from Business Week on Muhammad Yunus’ new book:

Nobel Peace Prize winner Muhammad Yunus, who pioneered the concept of microcredit—providing the poorest of the poor with tiny loans to start their own moneymaking ventures—is promoting a new idea these days. He calls it “social business,” and in his just-released book, Creating a World Without Poverty, he contends that it promises to relegate destitution across the globe to where it belongs: inside a museum.

Link to Businessweek.