2008 – 2012 had seen a stubborn recession, shattering personal wealth and global confidence in the largest banks. The Occupy Wall Street Protests in New York and London pressed for reforms to the banking system, by legislative, regulatory and judicial means. By March 2012, Silicon Valley had been pursuing its agenda of revolutionizing the banking […]
Social Entrepreneurship is real, and does exist. The concept has captured the imaginations of government, business, foundations, impact investors, and most importantly those who see and care to change vicious cycles of abuse of people, environmental resources and basic civil rights and dignity.
In 1991, when Urban Logic formed to improve the use of digital mapping in New York City, social entrepreneurship was a little-known term, but described the approach of harnessing finance, organization and technology capacities within cities to make them more sustainable and resilient.
Ashoka was one of the first international groups to identify and support social entrepreneurs – those crazy enough to pursue careers changing broken paradigms. Ashoka’s motto “everyone is a change maker” and their Ashoka Challenges shine a media and funder spotlight on social entrepreneurs and new innovative strategies and technologies for delivering healthcare, education, jobs, renewable energy and a litany of cutting edge tools to regions and peoples in need. Ashoka has recognized Bruce Cahan, co-founder of Urban Logic, as an Ashoka Fellow for his work in Social Investment innovation strategies.