Bruce Lincoln
- Senior Fellow at Columbia University's Institute for Tele-Information at the Graduate School of Business and former Entrepreneur-in-Residence at the Center for Technology, Innovation and Community Engagement (CTICE), Fu Foundation School of Engineering and Applied Science.
- From 1998 through 2001, under the Clinton Administration, advised the President’s Information Technology Advisory Committee (PITAC) on IT Policy. Nominated by Laurie Perrine, Counsel for the White House Office of Science and Technology Policy (OSTP)
- Raised more than $13 million to provide a network for a consortium of 30 schools, 20 community-based cultural organizations and for-profit technology service providers - totaling 136 community technology centers - for the NYC CTC (Citywide Training Center) Bank Project.
- Rockeller Cultural Innovation Fund (2012-2014) - Grant received for developing a Mobile Augmented Reality System (MARS) for the Caribbean Cultural Center African Diaspora Institute that will digitally landmark key historical and cultural events in El Barrio.
- Apple New Media Center (1994) - grant received for the development of a consortium of universities and companies innovating the use of new media technologies in education.
- All 7 Best Practices
- Pre-Meeting Discovery Process
- One-on-One Call with Expert
- Meeting Summary Report
- Post-Meeting Engagement
Social Entrepreneurship and Social Impact Investing
Risks & Opportunities
Risks
Those who try to engage in social entrepreneurship or social impact investing without expertise and understanding are simply looking at an increased failure rate.
In addition, for some businesses it's just better to maintain a traditional for-profit function rather than try to bend their purposes to serve disparate social needs. Financial sustainability should come first. Successful for-profit businesses can then create non-profit foundations and endow them with operating funds to carry out social enterprise.
Opportunities
Those who understand the new technologies and different models and navigate them well will create new opportunities for success.
There are also many opportunities in social media-based outreach to audiences, as well as opportunities to exploit social media technologies for fundraising and other growth resources.
Social enterprises must be be aware of the conventional pitfalls; but the non-conventional opportunities will outweigh those conventional pitfalls if they can get it right.