Teen Social Venture Competition

I am excited about a current competition underway to fund social ventures founded by teens. This is a great way to capture the talented capable youth and give them the opportunity to apply themselves to improving the world. Establishing a life time of service to the needs of the poor, the abused, the hungry and the environment. The competition is the idea of Ashoka's Youth Venture and Best Buy. They are inviting teens from around the nation to select the winners. Visit http://www.GenV.net/bestbuy to cast your vote.

"It's our hope the Youth Venture partnership serves as a catalyst for other youth to become changemakers in their own communities." states Gretchen Zucker, executive director. Competitions like this will help take social change to new heights.

Nonprofit vs. For-Profit Social Ventures

I recently read an article at Entrpreneur.com regarding the often perplexing decision of starting a non-profit or a for-profit social venture. Arthur, Diana Ransom, illuminates the pros and cons of organizing your social venture. Most social entrepreneur tend to simply select non-profit for the fund raising benefits. Don't make the same mistake. Know your options and the reasons behind making this big decision.

The main criteria for making this decision are:

• Profits
• Tax Deductions
• Raising Capital
  
• Mission
• Scalability
• Hiring Employees
• Customers
  

Social Entrepreneurs need to make the right decision when forming their business entity. Non-profit organization isn't always the answer. Educate yourself before organizing your social venture.

Social Venture Networking Event

Social Entrepreneurs from around the world will be gathering at the Social Capital Markets Convention October 13th-15th in San Francisco. This is a great place to network with other social entrepreneurs and find funding for your business. Doing well and doing good is the mantra of a new generation of entrepreneurs and the organizations that invest in them states http://socialcapitalmarkets.net. Jump over to their site an sign up for this amazing event.