I‘m handicapped by not having my MacBook Air, which was stolen yesterday, but here are some notes from Day 2 of the first Social Capital Markets conference at Fort Mason in San Francisco.
At the Pitching in Action session, four organizations gave presentations on social enterprises they’re planning to launch. Each had a compelling story.
Kevin Starr of the Mulago Foundation said investors look at four things in deciding whether to invest in a social enterprise startup:
- What is the compelling problem you want to solve?
- Do you have a solution to connect the dots on a path to impact?
- Do you have a plausible path to go to scale?
- Do you have the right organization to deliver on your vision?
Ken Ikeda, executive director of the Bay Area Video Coalition here in SF, outlined the prospects for a new venture called FUSE, an online platform and portal to provide digital media training online.
The appeal of FUSE, Ikeda said, is that its short, intense classes last two to three days rather than the weeks or months in schools or other programs. "Most of us don’t want to go back to school," Ikeda said.