What does Hub Boulder and Brown University have to do with Apollo missions?

I’m sitting in a cafe in Providence, Rhode Island with the week’s events and activities swirling around in my mind and body.

I’m filled with awe, inspiration and a feeling of deep connectivity to both Boulder and Brown, and the collective energy and leadership that both have inspired in the field of social enterprise.

On Thursday evening, I attend an event in Boulder for key community members and investors to pool their collective resources, finances and talent to launch the HUB here. About 60 people gathered in a circle and shared stories about how and why they feel the HUB needs to be here. Investors, entrepreneurs and advisors came together and realized that the power was in the hands of the people in the room.

From Executive Director Greg Berry’s invitation to this event, I quote:

At HUB Boulder, we are catalyzing a business eco-system by incubating start-ups, promoting sector-leading business practices, and accelerating impact investments.  Members will host and attend uniquely thought-provoking events and talks, meet with new partners and old colleagues, and drop in to work, whether for half an hour or the next five years.  Connected to a network of more than 30 similar spaces around the globe, HUB members have a home base wherever their travels take them, from Seattle to Sao Paulo and London to San Francisco, and access to thousands of change-makers world-wide.

The elation I felt from being a part of this founding group of community members made my heart soar as I got on a 7AM plane the next morning to attend the first ever SEEED (Social Enterprise and Ecosystem Development) conference at Brown University, my alma mater. I had been asked to speak on a panel at this conference on behalf of iDE.

I arrived late to the conference just in time for a panel on Impact Investing with Tracy Palandjian, CEO, Social Finance, Inc., Bill Strathmann, CEO, Network for Good, and Michael Brown, CEO & Co-Founder, City Year. Read their bios here. It was an excellent panel with so many different perspectives and I was honored by their willingness to participate in Brown’s first conference of this kind.  I asked the last question during the panel: “What do you think is missing in this sector to unlock and realize the $3 trillion market JP Morgan describes? How can we get this into the public eye and funnel the most capital into the hands of social enterprises?” and I got three great answers, two of which are highlighted here:

Tracy Palandjian answered – “We need the business cases to prove that investors can make money by supporting social ventures.” Excellent answer and totally spot on.  Then, Michael Brown answered:

We need an Apollo of our time.

I heard an audible gasp of inspiration and awe in the crowd. It took our breaths away.  Then I thought, I have to find that Apollo and support it, or do it.

Throughout the conference I was touched by the openness and willingness to collaborate and share. Like at the HUB gathering, I felt that I was part of the founding members of something bigger than myself that would be a beacon to the world.

Then, during the lunch session on Saturday, I realized what that Apollo might be.

I met a 16 year old entrepreneur who lives in Providence. Brown had partnered with Social Venture Partners, Rhode Island, which has had tremendous leadership and innovation in supporting local social entrepreneurs. They partnered with Ashoka Youth Ventures to support a youth program.  This young man, John Novas, had been supported by SVPRI and sat at a table with professionals, investors and other entrepreneurs more than double his age.  He told us about his business, Earth Custom Designs, which takes non precious stones from the developing world, makes them into jewelry and sells them here in the US, and gives back to the communities that sent the rocks. He wanted to help others as he felt he had been helped to start this business.

All of us at the table were dumbfounded. We were supposed to come up with a product or new venture at the table but we couldn’t get past the awe we felt for this young man, with this incredible spirit, who wanted to help the world.

All we could do is jot down a few notes about creating a loan fund for young entrepreneurs under 20.  I knew there was something here, but at the moment we couldn’t fully structure it because we couldn’t stop asking John questions about how he got here. We asked what he needed from us. He said just keep doing what you are doing. Didn’t ask for a thing. The humility baffled us.

I realized in that moment that something really profound had happened around that table.

The Apollo of our time would be an entrepreneur like John Novas.  Youth. The youth of the world would unite us like nothing before it.

It hit me that the HUB Boulder would support youth entrepreneurs and gather around them with all of our skills and mentorship, and help them become that Apollo mission.

And so would Brown, Social Venture Partners Rhode Island, and everyone around that table who represented consulting firms and organizations such as Acumen Fund, iDE, and Brown University.

I passed a note around the table for everyone to sign their name and their email addresses. I took a picture to record it and email to everyone, and gave John Novas the note to keep. I had to take a picture with these young men:

The Apollo missionaries of our time

After the conference ended, we all got an email from John and his partner Anthony no less than an hour later:

Hi guys,
On behalf of Earth Custom Designs, I would like to thank you sincerely for giving me the opportunity to come in and be a part of the Seeed Summit, I truly appreciated all of your time and support. From your kind words and through your actions, I admire your work as well as your passion in helping social ventures grow. Throughout our interactions you were always professional, kind, and considerate and you always stayed true to your mission.

Thank you for taking the time out to talk with me. If there are any more opportunities that are linked to Seeed Summit, I would love to be a part of it.

As a reminder, my venture is Earth Custom Designs. We make bracelets that incorporate non-precious stones from developing countries that support the growth of education in poor villages where the stones first originates from.  My business partner Anthony Defilippo and I will definitely keep you updated on the progress we make with our venture. Hope to hear from you soon.

Sincerely, Earth Custom Designs
“Uniting the world, one stone at a time”
Anthony Defilippo and John Novas

So, to HUB Boulder and to Brown University – I invite you to keep being the beacon to connect the global and local communities around supporting these incredible heroes. I will support you and sing your praises, and be a part of the foundation that creates the change we want to see in the world.

With love and great hope,
Heidi Cuppari

 

 

The Day That Changed My Life

Dear visitor,

If you are here, you probably care about the world.  I need your help to spread the word about this unique and sustainable approach to poverty.

I’ve been working at iDE for nearly 2 years, but the moment that changed my life—the moment when I truly experienced the impact of our work first-hand—was the day I met Anita Mwembe in Zambia…

Back in 2007, Anita and her family were living in a thatched roof hut on a small plot of land. She was making only $1-2 per day by selling packets of sugar and chickens outside the front of her hut. After becoming an iDE entrepreneur, she learned farming practices and invested in a drip irrigation system, which now allowed her to grow year round and sell crops for a better return.

Today, Anita is a full-scale entrepreneur. Not only has she quadrupled her income in only 5 years, but she’s also started a seed collective, purchased a car to get products to market more quickly, and even setup a women’s micro-lending network to support others in her community grow their businesses. But most important of all, is what this has provided…

Anita can now afford to send all of her children to school, she has built her family a new brick home, and she is even giving back to her community.

In short, through working with iDE, Anita’s entrepreneurial spirit has been unleashed. Her dreams are flourishing.

Since my trip to Zambia, I have traveled to Bangladesh and Cambodia also and I continue to be incredibly inspired and touched by the sparkle in the eyes of the people we work with – those who have invested in their future and with iDE’s partnership, brought themselves and their families out of poverty.

Please join me in spreading the word and help me reach my personal goal of $10,000 this holiday season. Our board is matching up to $50K dollar for dollar, so your investment is doubled.

It would be the greatest gift I’ve ever received if I reach my goal – which means we can help 500 individuals out of poverty.

So please give what you can, or help me spread the word. You will make more people happy than just me.

Thanks, and with great hope and love,

Heidi Cuppari

Donate Now

 

Celebrating Ten Years of Acumen Fund – Joy, Humility, and Bollywood Style Flash Mobs

As I stepped out of the taxi in front of the Skylight SoHo in NYC last Thursday, I took a deep breath.  I was about to walk in to the celebration of Acumen Fund‘s 10 year anniversary.

During my time at Acumen Fund in 2004 and 2005, we were a start-up.  6 years later, we’re a global phenomenon.

I say “we” – because once you become part of the Acumen Fund community, you are always family.  There’s something really deep that connects people that come in contact with Acumen Fund.  I think its a sense of real commitment to people. To the world. To innovate new ways that can change lives. To unrest and unwillingness to let people flounder while others flourish.  To recruiting the best and brightest minds in the world to this cause, and unrelentingly pursuing solutions that work.  To knowing that we are all one and we are all connected, and there’s nothing we should stop at to give people the opportunity to change their own lives.  When you feel that, along with others, it’s unstoppable and the constraints of time and space don’t apply.

I now live in Boulder, CO. Acumen Fund is based in NYC, where I lived for 10 years.  I moved here to pursue a more balanced lifestyle, and still, I can’t rest until I find more like-minded people who care about the world in this way. I have found it in Boulder. There are so many conscious, loving people here. It’s why I am so passionate about my work with iDE which is headquartered outside of Denver – its the same story. I learned about iDE when I was at Acumen – because Acumen invested in iDE’s India program. I have been using the story of micro-drip irrigation for years when people ask me what social enterprise is.

Somehow, the stars aligned so that I happened to live in Colorado when iDE was hiring for the exact same position I was doing at Acumen Fund. I’ve been at iDE since February 2010 and have had the pleasure of visiting Zambia, Cambodia and Bangladesh to meet our customers.

My heart explodes with hope for humanity when I see the work that Acumen and iDE do.

I digress.

The celebration was spectacular. There were 450 people. Each person got a gorgeous scarf as they walked in.  Many people, including myself, were  dressed in South Asian garb. (I was wearing a Bangladeshi dress that I had made when I was there in February. I knew this would be the perfect place for it)

The energy was connected and loving and celebratory. During the cocktail hour, a flash mob assembled to dance Bollywood style in the middle of the crowd.  A spoken word poet named Sarah K inspired us with her words about being a teacher in New York. Aaron Neville performed his beautiful songs. There was an engaging 7 minute video about Acumen told by the community. And Jacqueline Novogratz, Acumen’s visionary, brilliant, open-hearted CEO and founder, gave an inspiring 30 minute speech about where Acumen’s been and where they are going.  They have ambitious goals: to double their portfolio to $150 million in 15 countries by 2015, while also expanding their leadership programs to include 400 leaders and 40 chapters with the goal of serving 150 million individuals.

Here’s the flash mob of dancers, made up of staff, board members and donors:

Here’s the 7 minute video during the program:

One of the main things that struck me was the humility. The truth about failures was not hidden, and there was a real effort to make everyone feel a part of this community. Even the fact that Jacqueline, my old boss, said she was proud of ME. Here’s this incredibly successful woman who inspired me to do what I do now, and still has time to be humble and give so many compliments to others. Here’s a great pic I had to share, because it shows the joy in our faces:

I was so proud to have been part of this incredible organization in its start-up days, and to see it flourishing now. I’m honored to have shared this incredible night with this inspiring global community, which came from 20 countries around the world to be there. There were Indians, Pakistanis, and Saudi Arabians all dancing together like family, and there was Jacqueline, heart exploding with joy at what’s possible.

This is the hope I see for the world.

What does it mean to you to operate from a heart-centered place in business?

This summer, I was asked to do a 14 minute “TED” style talk at Harvard’s Igniting Innovation Summit on October 1 by the enterprising undergraduate chair, Kara Kubarych.  Earlier this year, I had conducted a guest lecture in David Ager’s Social Entrepreneurship class about iDE, and Kara had been moved by our work.

The theme of the summit was ‘movement’ and ‘action’, so I was asked to speak about bold actions for social change.

As I prepared in the weeks prior and thought about what I wanted to talk about, it came to me.  I want to talk about a different way of being in the world. A different way of being in business. To not accept the status quo of conformity and actually operate in business from a heart-led place. To me, it means operating from a place of fearlessness, open-heartedness, and authenticity.  What would it look like if everyone operated that way? If all business owners and leaders operated that way?

I wanted to gain some insight and inspiration from other business leaders in Colorado where I live.  The perfect opportunities presented themselves right as I needed them as I flowed through meetings in Boulder, and in the form of a w1sd0m gathering in downtown Boulder, CO.  I grabbed my iPhone, launched the video camera, and started asking the question without them knowing what I was going to ask. The responses I got astounded me.  I just had to include them in my talk. These leaders are successes in the fields of social enterprise, renewable energy, green/fair trade products, philanthropy, and asset management. My brilliant volunteer intern, Jenny Wardell, created an amazing video from these compiled clips to include in my talk. I thought you’d enjoy seeing the incredible consciousness and leadership in this field exploding in Colorado.

Now, I ask you, the reader of this blog – no matter what you do, please consider this question, and please post your answer. I want to hear from you!

Who Can Change the World? Live from "SocEnt Valley".. Boulder, CO

As George Bernard Shaw once said, ”The reasonable man adapts himself to the world; the unreasonable one persists in adapting the world to himself. Therefore, all progress depends on the unreasonable man [& woman].”

This quote inspired a group of brilliant young men who recently graduated from University of Colorado. From this, The Unreasonable Institute was born in Boulder, Colorado, dubbed here on HeidiCuppari.com for the first time as“SocEnt Valley.” (the new center for social & sustainable entrepreneurship & enterprise!).

I’ve had the pleasure of meeting a few of these young, passionate social entrepreneurs.  I’m blown away by their innovation and drive. They have created an incredibly interesting model.  They have assembled an list of advisors, veterans and thought leaders in this industry as well, which includes my partner and President of w1sd0m, Greg Berry.

See below for notes and actions to take from Teju Ravilochan. I reposted them here because I believe in them and what they’re doing, and want to support them by spreading the word…

The Background. We announced to the world that we were searching for young entrepreneurs with ventures that could effectively address social and environmental problems while financially sustainable and globally scalable to millions of people. The response was incredible! And now, after receiving 284 applications from 45 countries, we’ve developed an unusual way to involve the world in selecting the 25 entrepreneurs we’ll bring to the Unreasonable Institute while admitting them free of charge, testing their entrepreneurial ability, and covering our costs of operations. It’s an online platform called the Unreasonable Finalist Marketplace and you can learn everything you need to know about it from watching this 1-minute and 12 second YouTube video, to the tune of AC/DC’s Back in Black (if you’d like more background on the Unreasonable Institute, feel free to scroll down to the very bottom of this email and read the section entitled “The Background on the Unreasonable Institute.” Otherwise, read on…)

2 Simple Requests. Every entrepreneur on the marketplace must rally the support of hundreds of people from across the globe. This is your chance to have your say! If you can spare 10-20 minutes:

  1. Head to our online Finalist Marketplace and vote with your dollars ($10, $50, however much you like within the current $250 max) for an entrepreneur you believe will change the course of history. The fate of our finalists, and of the lives they will affect, rests in your hands.
  2. Tell 5 people you know about our marketplace. Whether or not you can contribute financially to any of the entrepreneurs on the marketplace, perhaps the single most important way to support our finalists without spending a dollar or more than 5 minutes of your time is to tell 5 people you know about the opportunity to back these young, high-impact entrepreneurs. I’ll even make it easy for you: You can copy and paste details below into the relevant channels.
    • Send an Email: Send our YouTube video to 5 of your friends.
    • Copy and paste this message to your Twitter Account: These 33 entrepreneurs could change the world. You decide which 25 attend the Unreasonable Institute http://ow.ly/149cu
    • Copy and paste this message to your Facebook Account: These 33 entrepreneurs could change the world. You decide which 25 will receive the training, mentorship, and seed capital they need to launch at the Unreasonable Institute: http://ow.ly/149cu

Background on The Unreasonable Institute:

We select and bring together (attract & unite) 25 young social entrepreneurs (Unreasonable Fellows) from across the globe for a 10-week summer institute in Boulder, Colorado. During these 10 weeks, we incubate their ideas by providing them rigorous entrepreneurial skill training, legal advice, prototype consulting, web hosting and development services, and mentorship from 50 proven entrepreneurs and investors like the co-founder of Google.org and an entrepreneur who has lifted over 19 million people out of poverty. (Note from Heidi.. He’s talking about Paul Polak, Founder of IDE, the organization I’m raising funds for. See my projects page) After bringing their ideas from an idea stage to a prototype stage / investable stage (giving their ideas legs), we provide them access to at least $150,000 in seed capital and the chance to pitch to over 200 investors and enlightened philanthropists (finance) and support them with a global network to give their ideas wings.  Our goal is to incubate & finance 25 social ventures a year that will each effectively address a major global issue (e.g. poverty, environmental degradation, slavery), become financially self-sustaining within a year, scale beyond the country of origin within 3 years, and ultimately reach at least 1 million people.

Hot Stuff in Miami..

Why should you go to Miami from March 17-19?

Because.. its snowy almost every place else in the US this time of year and you need SUN?  Or because you can stroll on South Beach and see lots of thongs and muscled bodies?

Well, those reasons are always fun, (believe me, I’ll probably be doing a bit of that too.. why not??!!) but if you want to connect with world leaders in social venture capital and social enterprise.. AND attend the most important Haiti conference at the same time, Miami’s hot and the place to be.

The Social Venture Capital/Social Enterprise Conference, Miami-2010 Advisory Board is led by top professionals from Social Venture Capital/Social Enterprise organizations around the world.

Alvaro Rodriguez Arregui - Ignia
Jonathan C. Lewis, MicroCredit Enterprises
Daniella Levine – Human Services Coalition
Kelly Michel – Vox Capital
Rodrigo Villar – New Ventures Mexico
Percy Venegas – Solar Business Technology
Eric Leenson – Progressive Asset Management and Instituto Ethos
Raul Pomares – Guggenheim Partners

Also, Social Venture Capital/Social Enterprise Conference, Miami-2010 will be your best opportunity in 2010 to learn, network, and connect with hundreds of top social enterprise/financial leaders and organizations from Latin America, the Caribbean, and the state of Florida- in addition to organizations worldwide which have an interest in expanding to the region.

I’ve reposted some info from the conference website below for at-a-glance info on the conference:

The following groups will be attending SVC/SE, Miami-2010:

  • Venture Philanthropists
  • Social-responsible Funds
  • Venture Capital/Private Equity Investment Banks
  • Institutional Investors
  • Angel Investors/Individual Investors
  • Private Wealth Managers
  • Foundations
  • Multinational Corporate Executives
  • Development Banks and Agencies
  • Nonprofit Organizations Businesses with a Social Agenda
  • Social Enterprises and Social Entrepreneurs
  • Civil Society Organizations
  • Advocacy Groups
  • Government Organizations
  • Top University Leaders

Conference Goals:

  • Promote economic development within the region by utilizing Social Venture Capital and Social Enterprise.
  • Establish Miami as a capital of Social Venture Capital/Social Enterprise for Latin America, the Caribbean and the state of Florida. Contribute and support continued construction of the local social enterprise ecosystem.
  • Educate traditional finance (private banking, venture capital, and angel investment) about investment opportunities within Social Venture Capital and Social Enterprise. Leverage Miami’s reputation as a regional financial capital for the benefit of Social Venture Capital and Social Enterprise in the region.
  • Act as a primary connecting point to the Latin American/ Caribbean Diaspora, from whom it is believed some of the next great Social Enterprise leaders can come. The Diaspora may also represent a material source of capital for both existing and new Social Enterprise organizations within the region.
  • Work in collaboration with other organizations and conferences in establishing effective and standard investment metrics within the industry.

About the Haiti Conference:

Sustainable Haiti is a special “conference within a conference” taking place during Social Venture Capital/Social Enterprise Conference

Sustainable Haiti will contain 45 workshops/panels and over 100 speakers from around the world during its 3 days. Topics will include: Developing Haiti’s tourism sector, increased agriculture opportunities, microfinance for Haitian women, utilizing media to increase awareness to Haiti’s opportunities, job growth, and overall financing of Haitian development projects.  Not one to miss!

YOU can be a micro-loan financier!

Wow – I’ve been following micr0-loans and micro-finance since I visited my friend Chandra Reddy Metzler, now a senior investment banker in emerging markets, when she lived in Nairobi, Kenya on a Fullbright for 6 months in the year 2000.  She was working at an NGO which explored the use of social collateral to secure micro-loans for small entrepreneurs in Kenya.

That was my first exposure to the concept of using business solutions to solve poverty problems. A loan is so much more powerful than a charitable handout. The borrower feels empowered, trusted, and respected.  The repayment rates of micro-loans are in the 90th percentile. Its working and its now spread all over the world.

Up until this point, if you wanted to support a micro-finance initiative, you had to give to an organization which then handed out the loans.

NOW you can fund small businesses DIRECTLY! I came across this cool organization on the Ode Magazine website, one of my favorite websites. You can read about the projects and the people behind the projects. Make your own decisions, and see how such a small donation can make such a huge impact on someone’s life.

Check it out!

United Prosperity, a new micro-loan service

"Everywun" makes giving possible for everyone!

In my quest for learning and awareness around the social entrepreneurship space, and through my participation in marketing for the Angel Capital Summit in Denver which was held last week, I’ve come across some really cool stuff lately.

The Angel Capital Summit was a pet project of mine over the summer and in the fall. I worked with Investor and Advisor Partners to help them get the word out about the event, which was intended to bring together a community of entrepreneurs, advisors, investors, and service providers.  It was a buzz of excitement and the energy was high.

190 Entrepreneurs submitted their deals and applications to present, and 40 companies were selected. mShopper, the company I co-founded with  my husband David Gould, was one of the companies and I found out later was one of the highest-rated deals. Exciting stuff!

mShopper, although it is a mobile app company, has an element of ‘giving back’ and social consciousness . When you purchase a product through mShopper, you can save from 10-40%, and then we suggest that you give some of that savings back to charity as you are checking out with your mobile shopping cart.

Of the 40 companies selected to present, HALF qualified as sustainable/green/social businesses. How Awesome is that!!?? Colorado is becoming a hub for social entrepreneurs.

I’ll be reviewing each of the other companies that I came across that day, and since the event. One that I want to focus on for the purpose of this post is “EVERYWUN“.

I was lucky enough to be invited to meet with the founder, Dan Jacobs, and his very talented partner/fiance Eve Cowen, last week.

In addition to Dan and Eve, I was in the company of some other brilliant social entrepreneurs, committed to be world-changing activators of social consciousness applied to business models. We had the most exhilarating, deep, intellectual conversation which was so incredibly refreshing. Passionate, brilliant people.

We spoke about Everywun and how it could work with a new project we’re working on called W1sd0m. More about W1sd0m later…

Everywun has made it possible for you to give to charity just by taking actions on the internet via social media. Just by placing a badge on your blog (as I have one here), or facebook, or signing up for the newsletter, and telling friends, you get ‘credits’, and then you can choose what to do with your ‘credits’.

Here’s a little blurb about everywun and SIGN UP! PASS IT ON! world changin’ is on its way…
I recently joined an incredible new website called, Everywun.com. By having businesses sponsor advertising, they enable people to take fun, easy, cost-free actions on behalf of charities.

One of the easiest actions I can take is to enable my network of friends and family to do the same! Every person who joins will automatically receive 100 “Everywun credits” that can go towards planting a tree, feeding children, or donating books! If you use my personal invitation link provided below, I’ll also receive 100 credits to plant a tree!

Please remember to click on the unique URL below or I won’t get credit!

http://www.everywun.com/signup?i=3258088

How the recession is HELPING people..

Hello and welcome to my blog on optimism.. I”ll be posting good news and interesting tidbits I find from around the world. One of my favorite magazines is Ode Magazine, and I check their website a few times a week to see what wonderful news I can find.

Today I logged on and saw a story by an acquaintance of mine, Charles Best, who started DonorsChoose.org.  I met him  back in 2004 when he had just started this wonderful organization. I was working at Acumen Fund at the time, and he was seeking advice based on my experience on the Howard Dean for president campaign. As most people know, the Dean For America campaign really democratized political fundraising.

He felt his organization was democratizing charitable giving, and he wanted to build a similar community around his organization. We sat down and got into it. He was young at the time, around 26 or so, and very earnest, honest, passionate and driven. He struck me as the future of social entrepreneurship mixed with a really smart way to fund projects.  Donorschoose allows teachers around the country to post school projects which need funding, and then as a donor you can choose exactly which projects you want to fund. You can see the progress of the project as well and see pictures of the class you are helping. It’s awesome!

So, without further ado I will repost a bit of his article and link to it for your Optimistic reading pleasure!

The goodness of crowds

When large numbers of people give a little, they accomplish a lot. By Charles Best

The global economic recession is an opportunity to fuel social change. While financial instinct says philanthropy will suffer in times of economic distress, there’s evidence that the challenges we face are no match for collective action. I don’t think the road ahead is smooth. But we can’t underestimate the power of “ordinary” individuals in this age of connectedness.

Picture a nest of honeybees, where each insect makes a small but vital contribution. The result is greater than the sum of its parts. A large colony will produce far more honey than two colonies half the size of the larger one. As the colony grows, its efficiency increases.

People can achieve similar triumphs. One of the most promising models is “crowdsourcing,” through which an organization generates content, or gets work performed, by tapping the knowledge and creativity of members of the public. As with a nest of honeybees, each participant contributes a small piece of a greater whole. Zagat’s database of amateur restaurant reviews and YouTube’s user-submitted videos are examples. The more contributors, the better the results.

To continue reading, click here!