Discussion Heats Up at SOCAP17: Tweets, Live Interviews & Highlights from Thursday’s Sessions
As SOCAP17 begins its third day, the discussion is heating up considerably (check out some of the tweets below). We’ve got a full slate of on-the-ground coverage planned today, including:
- Facebook Live video interviews: See our schedule of upcoming interviews here, and check out the videos on our Facebook page, our Wednesday coverage post, and below.
- Live tweeting from our main Twitter account, @NextBillion.
- Interesting quotes, tweets and takeaways from the panels and discussions we’ll be attending, compiled in blog posts published today (see below) and Wednesday.
If you’re at the event, stop by the media room in the Festival Pavilion and say hello!
A live interview with ron cordes of cordes foundation
SOCAP turned 10 this year. One year before that, Ron Cordes and his wife, Marty, formed the Cordes Foundation – one of the first focused on impact investing and social entrepreneurship. We discussed the sector’s evolution (and a few remaining weak spots) with Cordes in this live Q&A. (The audio levels are a bit low for the first minute, but we got it sorted out before the actual questions began around the 1:00 mark – progress! Feel free to skip the intro and get straight to the questions.)
A live interview with maelis carraro of bfa
How can fintechs get low-income customers to trust them? What are the latest innovations in financial product design for the underserved? And which buzz-worthy technology has more potential for financial inclusion: blockchain or AI? Maelis Carraro manager of Catalyst Fund, answers these and other questions in this live interview. Catalyst Fund is an initiative by JP Morgan and Gates Foundation, run by BFA (a partner of NextBillion). The fund supports early-stage inclusive fintech startups with grant capital, mentorship, and business advisory services, helping them develop their businesses to become investment-ready and work with impact and commercial investors to facilitate connections. Check out these insights from Maelis Carraro, broadcast live from #SOCAP17.
A Live Interview with Erin Worsham of CASE at Duke
It’s a perennial subject here at SOCAP: scaling impact. And that applies to social entrepreneurs, funders and everyone along the value chain – right down to the end consumer or beneficiary of a service. So we were glad to have Erin Worsham join us in our Facebook Live interview on the second full day of SOCAP to talk about scale and to help us navigate through the evolving discussions around scale. Worsham is executive director of the Center for the Advancement of Social Entrepreneurship (CASE) at Duke University’s Fuqua School of Business. She and contributing editor Scott Anderson chat about why scale is so elusive a concept, the evolution of SOCAP and how today’s business school students are exploring social business and impact investing.
Vickery from @IFC_org: ‘To date we have invested $5.5bn in 300 funds globally’ #ImpInv #SOCAP2017 pic.twitter.com/mcBaYbqjv2
— Max Cuvellier (@Cvllr) October 11, 2017
“Equity isn’t just using the word “equity” over and over again and nothing changes.” – @VillanuevaEdgar #SOCAP17
— Tishaura O. Jones (@tishaura) October 12, 2017
Yes: even if a #SocEnt fails, there was still impact. Let’s bust the myth that grants are more guaranteed impact than #impinv. #SOCAP17
— Amanda LaGrange (@GracieLooToday) October 12, 2017
How can we ensure that finance is flowing to the whole range of #SMEs in #emergingmarkets and not just the “unicorns”? #SOCAP17 @Chemonics pic.twitter.com/enUpeZT2DV
— Spencer M Parsons (@SpencerMParson1) October 12, 2017
You need to be investing in a way that makes you uncomfortable. @SchottFound #socap17 @villaneuvaedgar
— Tyler Jackson (@tylervjackson) October 12, 2017
“Simple structures (that can be analyzed in 5 mins) are the holy grail of #blendedfinance” – Joan Larrea #SOCAP17 pic.twitter.com/CeCD0m1ORV
— SOCAP Markets (@SOCAPmarkets) October 12, 2017
Best line from Jed Emerson’s #SOCAP17 spotlight: “Just because you have a thought it doesn’t make you a thought leader.” @BlendedValue
— Chad Smith (@TheHumanFire) October 10, 2017
Why not just use grants? “Why not use all tools in the toolbox for all the problems we’re trying to solve?” –@RobynnSteffen #SOCAP17 #impinv pic.twitter.com/iuaqaUwKea
— Lauren Booker Allen (@LaurenMBooker) October 12, 2017
.@jaymhenning – putting together #blendedfinance deal is like finding a needle in a haystack & threading the needle @ same time #SOCAP17 pic.twitter.com/9EsGUIBICT
— Convergence Finance (@ConvergenceBF) October 12, 2017
“When it comes to access to money, whites are usually in charge & people of color have to be twice as good to get half as much.”—EV #SOCAP17
— Schott Foundation (@SchottFound) October 12, 2017
“Not everything is appropriate for blended capital. Not every road should be a toll road.” – @jakecusack #socap17
— Catherine Cheney (@catherinecheney) October 12, 2017
Using #AI for #fininclusion: The results can be magical but it does come at a price. -David del Ser @BFAGlobal #SOCAP17 #tech pic.twitter.com/gZp2iFPw5F
— Amanda K. Lotz (@lotzak) October 12, 2017
I don’t understand the general lack of urgency I hear at #Socap17. The entire movement requires a monumental kick in the pants. Millions of people die every day for no good reason. We have talent, capital & will – let’s do a better job of #collaborating to solve #wickedproblems
— Cameron Burgess (@uncompromise) October 12, 2017
Still reeling from @BlendedValue‘s #SOCAP17 speech on #Impinv as “tool of resistance” to injustice. Standing ovation, well deserved. pic.twitter.com/QWiS5LXMgk
— NextBillion (@NextBillion) October 12, 2017
This is amazing, @BlendedValue chokes up on stage at #SOCAP17, laying it all on the line about “the purpose of capital” Truly moving #impinv
— NextBillion (@NextBillion) October 12, 2017
“The purpose of capital is to fuel freedom and to use it as a tool of resistance.” @BlendedValue #SOCAP17 pic.twitter.com/4Ui9ZtwSw7
— SOCAP Markets (@SOCAPmarkets) October 12, 2017
Audience pushback on #SOCAP17 panel on #impinv approaches in social services – “We’re far more efficient than for-profit, & get no credit!”
— NextBillion (@NextBillion) October 12, 2017
Thinking of “mystical unicorn of scale” is one of our biggest blind spots – need to focus more on our back yard, says @rossbaird #SOCAP17
— NextBillion (@NextBillion) October 12, 2017
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- Investing, Social Enterprise