Business Impact
Enterprise Innovation
A social entrepreneur acts as a catalyst for social change in a community through innovative business ventures. Halloran supports the development and advancement of business solutions that aims at poverty alleviation primarily through income generation, education, health and housing. We look for outstanding leadership, change-making solutions and sustainable, replicable models that take social, economic and ecological factors into account.
A healthy community needs a healthy economy. For social entrepreneurs to thrive a systematic change needs to occur. As social capital markets start to emerge and reshape our current financial system, new paradigms and disruptive dialogues need to take place. We support change-making solutions that cultivate the necessary human capital while nurturing a thriving social capital and catalyzing a more sustainable economy.
Please, connect with the organizations supported by Halloran Philanthropies:
A new form of capitalism is arising that recognizes our ability to direct the power and efficiency of market systems toward social impact, leading to a more balanced set of “returns”. SOCAP is a multi-platform organization dedicated to the flow of capital towards social good. Their event series connects leading global innovators, investors, foundations, institutions and social entrepreneurs to build this market at the intersection of money and meaning.
Halloran Philanthropies was one of the major funders for SOCAP in 2008 and has continued to support the conference in the United States to date.
» http://socialcapitalmarkets.net/SVN/SE Miami is a platform that seeks to promote learning, networking and connection among hundreds of top social enterprise/financial leaders and organizations from Latin America, the Caribbean, and the state of Florida- in addition to organizations worldwide which have an interest in expanding to the region. SVN/SE is part of Sustainatopia, a seven-day fusion event focusing passionately on sustainability and impact investing as cooperative solutions.
» http://www.connectionmiami.com/Adequate funding and effective strategic advice can strengthen social organizations and increase their overall impact. Sitawi's mission is to develop financial infrastructure for the social sector in Brazil. In the long run, the availability of human and financial resources at the social sector will encourage social leaders to develop more innovative and sustainable models with greater impact. Sitawi and Halloran have a common objective: to improve and develop the social impact of Civil Society Organizations (CSO's).
» http://www.sitawi.net/The First Latin American Impact Investment Forum held by New Ventures Mexico in 2011, marked the launch of an exciting movement focused on strengthening impact investing in social and environmental businesses in Latin America. The event brought together over 300 attendants including entrepreneurs, investors, fund managers and organizations supporting the development of the ecossytem for impact investing in Latin America.
» http://www.inversiondeimpacto.org/To accelerate social change, Echoing Green invests in and supports outstanding emerging social entrepreneurs to launch new organizations that deliver bold, high-impact solutions. Through a two-year fellowship program, we help our network of visionaries develop new solutions to society’s most difficult problems. These social entrepreneurs and their organizations work to solve deeply-rooted social, environmental, economic, and political inequities to ensure equal access and to help all individuals reach their potential. To date, Echoing Green has invested nearly $30 million in seed funding to almost 500 social entrepreneurs and their innovative organizations.
» http://www.echoinggreen.org/Of the world’s more than 2 billion young people, the average youth in India, South Africa, or Mexico never heard of a “social enterprise,” nor imagined themselves as the visionary at the helm. What transforms a business into a social venture? What does it take to start one? And how can a social enterprise create meaningful work that also addresses challenges like affordable shelter, malaria prevention, or environmental degradation? Bamyan Media produces Reality TV competitions that reward the courage, initiative, and creativity of social entrepreneurs, while teaching the skills needed to start and manage a successful business by harnessesing the power of mass media to inspire a new generation of youth leaders and accelerate the spread of social innovation.
» http://bamyan.org/The Brazilian Chapter of the Aspen Network of Development Entrepreneurs (ANDE), is formed by ANDE members who are actively working to support small and growing businesses (SGBs) throughout Brazil. The ANDE Polo intends to be a platform for knowledge sharing and collaboration among organizations supporting the development of sustainable business models that reduce poverty in Brazil as well as to help foster the appropriate ecosystem for these businesses to thrive. Members benefit from the opportunity to network and learn from other like-minded organizations in the region.
» http://nextbillionbrasil.net/The recent Money for Good report commissioned by Hope Consulting outlined a $120 billion market opportunity for Impact Investing, with almost 90% of individuals surveyed expressing openness to Impact Investing. With Microfinance returns up by 5% and global equities down by 30%, a fresh conversation has emerged amongst investors tired of hearing about the same old stuff. Unlocking the full potential of Impact Investing however, still requires work. The London Impact Investing Forum 2010 brought together industry leaders to discuss how to benefit from the social, environmental and financial returns of impact investing and become pioneers in this space.
» http://www.impactinvestingforum.com/The Enterprise Innovation Fund (EIF) is a proposal solicited by the Obama transition team on Technology, Innovation and Civic Engagement in December, 2009. Under the proposal EIF will invest in public-private partnership funds that target innovative enterprises that have the ability to make broad social and environmental impacts on a sustainable basis. Proposed $4 billion in equity funding provided by the Government in one-to-one matching allocations of $5 to $50 million to private sector fund managers. Government shares equally in the upside but provides some downside risk mitigation to encourage participation of private-sector impact investors. The proposal has been shared broadly throughout various Governmental agencies including the Federal Reserve, SBA and the US Treasury Department. Since the proposal was introduced it has catalyzed a number of initiatives including a SOCAP@State conference announced by Secretary of State Hillary Clinton. EIF is currently being carefully considered by the US Treasury Department.
» http://www.enterpriseinnovationfund.com/The Social Capital Markets is a fast-growing and vibrant marketplace but one whose access to growth capital through the public markets is poorly served at the present time. The solution offered by the Social Stock Exchange (SSE) is to create a platform that allows trading of securities in social enterprises (SE’s) on a Financial Services Authority (FSA) regulated stock exchange. The goal is to engage SE’s in the equity raising process and facilitate access to sources of equity capital while being a profit-making entity itself.The SSE is designed to provide companies access to capital – specifically risk capital – for organisations that are for-profit social purpose businesses, most likely to be from sectors that create social value such as health, leisure, transport, housing, green- and ethical consumerism, and clean- and green-technology.
Halloran Philanthropies has been supporting the development of the SSE through the work of the co-founder Mark Campanale since 2009.
The Villanova Social Entrepreneurship Competition (VSEC) is a student-only competition designed to allow students to create unique ideas around making the world a better place. The competition was founded in 2009 by two graduate engineering students, Ronald Warzoha and Timothy Montalbano, and continues to operate today in tandem with the Beyond Ideas: The Art of Entrepreneurship group on campus. The competition runs from the beginning of the Fall Semester to the end of the Spring Semester annually. Halloran Philanthropies is one of the major supporters of the program through an endowment given to the Villanova University by Harry Halloran.
» http://www.villanova.edu/Corporate Responsibility
Corporate responsibility is the commitment by business to behave ethically and contribute to economic development while improving the quality of life of employees and their families, as well as the community. Through socially responsible business practices, companies throughout the world can achieve viable and sustainable growth that benefits all stakeholders. Halloran Philanthropies supports efforts by business leaders to incorporate comprehensive stakeholder analysis designed to assess ethical business practices and performance.
Please, connect with the organizations supported by Halloran Philanthropies:
B Lab is a nonprofit organization dedicated to using the power of business to solve social and environmental problems. One of B Lab's primary initiatives is to build a community of Certified B Corporations to make it easier for all of us to tell the difference between "good companies" and just good marketing. By enabling consumers, inventors, potential employees, and policy makers to support these high-impact companies we can make sure that these businesses can scale - along with their impact. B Lab's other two initiatives focus on supporting this growing ecosystem of companies creating good. The first is the development of the Global Impact Investing Ratings System (GIIRS) in order to drive institutional investment to high impact global private equity investments; you can learn more about this investor-focused system at www.giirs.org. The third initiative is to advance supportive public policies, including creation of a new corporate form -- like the recently passed Benefit Corp legislation in Vermont and Maryland -- and incentives for sustainable business -- like the recently passed B Corp tax break in Philadelphia.
» http://www.bcorporation.net/The Veritas Institute, formerly known as the SAIP Institute, fosters ethically and socially responsible organizational conduct by promoting, applying, adapting, and continually improving the Self-Assessment and Improvement Process (SAIP). Through its engagements with practitioners and collaborations with scholars, the institute also aids the formation of ethical, effective leaders.
Currently, the Veritas Institute is based at the Opus College of Business at the University of Saint Thomas.
» http://www.stthomas.edu/business/centers/veritas/default.htmlIn mid-2008, the Center for Ethical Business Cultures (CEBC) launched a multi-year project to research and write U.S. and global histories of corporate responsibility. Pursuing a “double helix” approach, the project explores the interweaving of thinking about business responsibilities and the practices of business organizations. The interplay of societal change and the emergence of the modern business corporation provide the stage for exploring questions of purpose and responsibilities of business. Two volumes are envisioned: one focused on the U.S. experience; the second and future volume will focus on the history of the emergence of corporate responsibility in countries and regions around the globe.
The Center and Halloran Philanthropies believes the project and the final published volumes will become a valued resource for scholars and inform business leaders, present and future, about the best practices towards positive social change.
» http://www.cebcglobal.org/





