The Mission Markets Blog

Invest for Impact

HOMETOWN PRIDE

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IMG-20130611-00199Like many players in the New York impact investing space, Mission Markets spends a lot of time flying from JFK to SFO for major events. The SOCAP event series, the de-facto gold standard for such events since its launch way back in the late noughties, is the best – but far from only – example of social capital happenings happening on the “other” coast.

The party line is that the success of these events is what matters, which makes whining about their locale seem petty… and while I toe the party line, as someone who not just works in New York but was born here, it irks me that NYC isn’t a bigger hub (pun intended) for the wheels that keep social capital spinning.

Which is why I’m so glad that I – along with MM colleague Rebecca Orlowitz – attended Able Made’s  AMP IT UP! event at the Red Rooster in Harlem, NYC on Tuesday, June 11: it restored my faith in NYC as a bona fide center of the social capital solar system.

For starters, the attendees – from the organizers to the featured entrepreneurs to the venue staff – were all great examples of what success looks like when focusing on both social and financial bottom lines.

The formal panel (see pic above) lasted only about 30 minutes, but was a delectable mix of social entrepreneurship at various scales. We chatted up Melissa (of Melissa Joy Manning ) afterwards and learned that beyond her inspirational story, there is also some highly thoughtful governance . She has made a decision to not only examine her own sustainable practices but also those of her partners along the supply chain. In fact, all the panelists had great stories to share – we encourage you to go see for yourself:

• Marcus Samuelsson — Chef, Red Rooster; Co-founder and Director/VP, Three Goats Foundation

• Melissa Joy Manning — Designer, Melissa Joy Manning; Co-Chair CFDA Sustainability Committee

• Don MacKinnon — Founder, Hear Music; Former President, Product (RED)

The other attendees were also an eclectic mix, from small sustainable manufacturers to party planners and fashion designers – all with one thing in common: a commitment to the business of social impact, the proverbial “Doing Good While Doing Well…”

The participation of the fashion world was by design not accident: The Council of Fashion Designers of America (CFDA)  is an official partner of Able Made’s social impact initiatives.

As we exited the soiree, with the added ambiance of world class designers cum DJs, Public School, in my last look around I saw a room vibrating with the usual positive energy of my fellow social capitalists, enhanced by the unique positive energy of my home town peeps… and I felt proud to be a player on both teams.

–  Jeff Tuller, Mission Markets

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Author: Mission Markets

Mission Markets operates a financial marketplace for the impact and sustainability community. On the Mission Marketplace members can raise capital, discover investment opportunities, buy and sell environmental credits, access comprehensive data and information, promote valuable products and services and connect with a community of like minded stakeholders. Our goal is to increase the flow of information and capital within the impact and sustainability sector and expand the stakeholder community as a whole.

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