We believe in the power of collaboration at SVC, acknowledging that there is strength in working together. To this end, we recently partnered with One World for their Impact Summit May ’18. Based in Northern California, One World provides training and investments to social impact enterprises in the Bay Area that improve the lives of individuals globally.
The recent summit engaged more than 150 early-stage entrepreneurs, investors, and impact leaders for a half-day of programming focused on different elements of the impact ecosystem. One World Founder & CEO Scott Saslow kicked off the day with a keynote conversation featuring Morgan Simon, Managing Director of Candide Group and author of Real Impact: The New Economics of Social Change. Simon challenged investors to “add more value than one extracts” from every investment and to “integrate communities into the design, governance, and ownership of processes, not just view communities as consumers or laborers.” Additional themes for deeper exploration during the day included gender lens investing, corporate impact investing, and an SVC-led session, “How to Deploy Capital to Social Venture Start-Ups.” I facilitated the conversation that included investors Pippa Gawley and Miles Lasater as speakers and SVC members Next Wave Impact Fund and Silicon Valley Social Venture Fund contributing comments as participants. It provided a general overview of early-stage impact investing, followed by a more detailed conversation around starting one’s investing journey and strategies to move forward.
The day also included two pitch sessions where ten entrepreneurs presented to the full audience, vying for three top prizes: Most Innovative Solution, Most Qualified Team, and Best Overall Impact Investment. I enjoyed serving as a judge and was in awe of the quality of the entrepreneurs. A number of the pitching companies have also been considered for investment within our own community.
We value our mission-aligned partners and enjoy partnering with others to further the impact ecosystem. If your organization or one in your area has collaboration ideas to bring mutual value and support, please reach out to me.