Echoing Green Announces 2010 Fellows: A Class of Bold, New Social Entrepreneurs

When I wrote about Echoing Green a few months ago, I promised I would follow up when the organization named its 2010 fellows this month. Echoing Green‘s mission is to spark social change by funding new, exciting, and what they like to call “bold”, ideas by providing two year fellowships to emerging social entrepreneurs. In fact, since its founding by growth equity firm General Atlantic in 1987, Echoing Green has invested $29 million in nearly 500 social entrepreneurs.

This year’s class of 16 fellows — announced yesterday — were selected from a pool of more than 1,000 applicants from 73 countries.  These social innovators have either developed, or are in the planning stages of forming, businesses –either for-profit, non-profit, or market-based — in order to tackle some of the world’s most pressing social problems.  Echoing Green provides each of them with up to $90,000 in seed funding over the course of the two years, as well as health insurance, strategic planning support, legal assistance, financial modeling, as well as mentoring from past Echoing Green fellows and professionals.

What’s notable this year in particular is that many have made income-generating activities a key element of their business models. As Echoing Green’s senior vice president Lara Galinsky points out, every year her organization sees more and more for-profit ideas emerging, and ideas that take a market-based approach, focussing on an earned income stream. It’s an interesting — and hopeful — trend as more and more companies are latching on to the do-good-by-doing-well dictum.

This year’s winning ideas range from The Real Food Challenge, which “harnesses the political power of youth and the purchasing power of universities to shift demand to socially responsible farm and food enterprises” to re:char, which builds “carbon-negative power plants that produce energy from water and replenish soils in rural farming villages in Sub-Saharan Africa and Latin America” to Blue Engine, which “trains teams of recent college graduates to serve as ‘high-dose’ tutors to enable low-income high school students to graduate with the skills they need to succeed in college and career” to Global Cycle Solutions, which transforms the bicycle into “a vehicle for income-generation and innovation for the 500 million smallholder farmers around the world earning less than one dollar per day.”

I’ll be profiling the 2010 fellows in the coming weeks. In the meantime, you can get a sneak preview of their work here.

If you think you have what it takes to be an Echoing Green fellow next year, click here to find out more about the application process.

 

photo credit: Echoing Green

32 comments

Jacobo V.
Jacobo Van5 years ago

I am unable to get enough of this section. Talk about an avid fan. WOW this entire effort must get cabinet-level access.

Pete C.
Pete C.5 years ago

thanks

Beng Kiat Low
low beng kiat5 years ago

Thanks

gerlinde p.
gerlinde p.5 years ago

they all sound great, the global cycle solution`s my favourite

Marianne Good
Past Member 5 years ago

Thank you!

Philippa P.
Philippa P.5 years ago

Thanks.

vladimir b.
nobo dy5 years ago

thanks

Hannah W.
Hannah W.5 years ago

This is so exciting!

Mary Carolyn Perry
Mary C Perry6 years ago

Go guys...our American ingenuity can bring about all sorts of good green things for the world.!

Margaret M.
Margaret M.6 years ago

kudos to them!