If “social entrepreneurship” is more than just a time-stamped and faddish notion, then it needs to be encouraged. So to that end, I’ll add another idea to my post on the Nonprofit Ad Exchange & Nonprofit Angel Conference.

The Nonprofit Incubator

In the same way that people looking to invest in early-phase companies have put together business incubators, I think philanthropists should pool their money into a Nonprofit Venture Fund.

Part of that social VC fund should go to setting up and maintaining the nonprofit/NGO 2.0 version of a business incubator. The incubator would provide desk space, administrative help, supplies, connectivity and top-shelf advice (salaries would be helpful as well) to social entrepreneurs with ideas that are innovative.

, , , , ,