Obama announcement on Social Innovation Fund
Charmian Love
July 1, 2009
President Obama gave a compelling speech today on social innovation and the need to scale the work of entrepreneurs in the US. To do this he has set up a $50million Social Innovation Fund to support non-profit social enterpreneurs.
One of my favourite quotes “Solutions to America’s challenges are being developed every day at the grassroots. And government shouldn’t be supplanting those efforts, it should be supporting those efforts”.