Founded in 2008, SOCAP's motto is "at the intersection of money and meaning." The aim of this organization is to connect innovators from all around the world to make a difference.
"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,'" they write on their website. "SOCAP is a multi-platform organization dedicated to the flow of capital towards social good."
Social business is all about mixing and melding tools from the toolbox we already have in, say, capitalism and applying it to make an impact socially and environmentally. Returns aren't simply about profit, but purpose plays an important part in SOCAP's mission.
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Interest: 3.6 minutes
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Segment: Neutral, 18-55
Comparison Set: 22 similar articles, including: youthful entrepreneur projects, strategic creativity events, and social innovation hubs.
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