ASHOKA CELEBRATING 25 YEARS

ASHOKA CELEBRATING 25...
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From the list : Social Entrepreneurship by mona_moolah

Bill Drayton, a former McKinsey & Co. consultant and assistant administrator at the Environmental Protection Agency, founded Ashoka in 1980 to develop the profession of social entrepreneurship. Like any entrepreneur, a social entrepreneur creates pattern-changing ideas that lead to transformative change. They are born with the same characteristics of the business entrepreneur – creativity, innovative thinking, and determination, but apply those abilities for social change rather than economic profit.

Ashoka seeks out social entrepreneurs around the world, and like a venture capital firm invests in them with start-up capital, allowing them to apply themselves fully to their innovations. In addition to funding, Ashoka provides a series of value-added, targeted services to help those ideas take hold and be transmitted through out the world. These social entrepreneurs, named Ashoka Fellows, become part of a global fellowship of like minded peers, providing them with moral and professional support. In addition, the global connection helps social entrepreneurs spread their ideas beyond the national and regional boundaries of the idea’s origin.

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