Is the Philanthropy Model Broken? Changemakers Discuss Social Entrepreneurship in Dubai
Monday, November 5, 2012
In Dubai, a city that is sometimes referred to as ‘soul-less’, over 150 social changemakers from across the Gulf gathered at the Capital Club in DIFC a couple of weeks ago to discuss how our models of social entrepreneurship and philanthropy can evolve.
At a DUBAI+acumen event titled “Social Entrepreneurship & Philanthropy: Synergies for Change,” Jacqueline Novogratz, the founder and CEO of non-profit Acumen Fund brought together advocates for social entrepreneurship, entrepreneurs, and social enterprises to discuss how to evoke regional and global change.
Novogratz praised volunteer-led DUBAI+acumen for being one of its most active chapters globally, and stressed the importance of dignity in helping the poor to break the poverty cycle, and the need for patient capital, warning that, “success could take as long as 15 years.”