Last week our very own Jeff Tuller and Eleanor Horowitz traveled to the West Coast and joined over 1600 attendees for SOCAP12 at San Francisco’s Fort Mason. This was the fifth annual weeklong conference hosted by Social Capital Markets (and Jeff’s fifth time in attendance) and this year’s theme was Making Meaning Matter.
For those who have yet to experience it, SOCAP is a conference dedicated to increasing the flow of capital to social good and convenes social entrepreneurs, impact investors, intermediaries, students, government officials and more.
“We are here because we are about investing in a new way that supports businesses doing business in a new way; a way that creates positive good, measurable good, and impact, while it makes a profit,” wrote convener Kevin Jones.
At SOCAP, we caught up with friends and business partners and were energized to meet so many entrepreneurs new to SOCAP12 like Julia Sevilla, the founder of Kape Maria, a coffee company supporting local farmers and communities in the Philippines, Debbie Sterling, the founder of GoldieBlox, a toy company that sets out to inspire girls to become engineers, and Tonee Ndungu from Kenya who founded Kytabu, a textbook subscription app for tablets providing access to low-cost schoolbooks for low and middle income families.
A few of our favorite highlights:
- Mission Markets was an active part of the conversation on Jed Emerson’s panel on impact investing platforms. What really defines a platform anyways?
- Jeff Raikes, CEO of the Bill & Melinda Gates Foundation, announced the launch of the Markets for Good initiative in partnership with LiquidNet, which will be tasked with improving data collection for impact investing. It is great to see some heavy hitters reinvigorating the conversation around impact measurement.
- Majora Carter of Sustainable South Bronx spoke at Wednesday’s morning plenary about the importance of building and investing in sustainable local communities
- Jenny Kassan of Cutting Edge Capital and Amy Pearl of Change XChange led a panel on Direct Public Offerings, something Mission Markets will be partnering with Jenny and Amy to offer. At last year’s SOCAP, the JOBS act and crowdfunding were all the buzz, but sometimes people forget that DPOs also enable the democratization of impact investing
- Impact Assets launched the IA50, a resource of 50 investment opportunities that value both financial and environmental returns and includes Iroquois Valley Farms and Brazil’s first impact investing fund Vox Capital
- And of course we loved the view…