Societal challenges require solutions from all actors, be the government or individual communities. Social innovation originates from these community actors, or social entrepreneurs, who are directly involved and have a local understanding of these challenges.— Fadi Ghandour, Executive Chairman, Wamda Capital, Schwab awardee 2019.
Navigating Complexities Together
The COVID pandemic is unlike any other crisis the world has faced in recent times, causing a ripple effect of unimaginable disruptions in all facets of life. These extraordinary times have placed extreme pressures and demands on our social innovator community to navigate uncharted territory. In order to respond to the needs, the Schwab Foundation is organizing fortnightly virtual sessions: Navigating Complexities.
The fortnightly Navigating Complexities series runs from June - September 2020 leading up to the Sustainable Development Impact Summit. Through the Navigating Complexities, we have aimed to redesign our Annual Summit to create the peer exchange that you value most at a time when you need it the most.
See more information here.
Social Innovators' COVID-19 Response
Social innovators, disruptors in the service of others in situations where traditional actors or the market have failed, are needed more than ever in the current COVID-19 pandemic. This is especially true as the health and economic impacts hit the excluded, vulnerable and those in the informal economy the hardest, those who social innovators dedicate their lives to serve.
- Altibbi steps in to offer Corona Hotline (111) to all Jordanians ›
- Dimagi gives out CommCare for free during COVID-19 Outbreak Response ›
- First Book to deploy over 7 million books across the US ›
- Crisis Text Line prioritize mental health ›
- Worldreader brings free e-books to students across Africa, MENA, LatAm and India ›
- Dasra launches a collaborative social sector response to COVID-19 ›
Check out more responses from our community here.
Embracing complexity – Towards a shared understanding of funding systems change: Report
How can systems change across the world be financed more effectively? How can change be better supported for the benefit of society? The report “Embracing complexity - Towards a shared understanding of funding systems change” provides donors and investors, as well as charitable initiatives and organizations, with answers to these questions. A clearly defined vision, the active search for systemic initiatives to fund, targeted cooperation with other funders and a long-term perspective for funding partnerships - these are just a few aspects that have proven to be decisive for the successful funding of systems change. The report is the result of a cooperation between Schwab Foundation, Ashoka, McKinsey & Company, Catalyst 2030, Co-Impact, Echoing Green, Skoll, and SystemIQ
Download the report here.
Social Innovators at the Annual Meeting
The World Economic Forum’s 50th anniversary provided an opportunity to converge around a set of ethical principles to guide companies in the age of the Fourth Industrial Revolution through stakeholder capitalism. Twenty-eight social innovators from around the world attended #wef20 as part of the Schwab Foundation delegation. Complementing the Annual Meeting's theme, the social innovator community seized all opportunities to showcase social entrepreneurship and innovation is not only a key avenue to achieve the Sustainable Development Goals as we enter the decade to deliver on the SDGs, but also an expression of stakeholder capitalism in action.
Check out our Davos Highlights Report here.
Social Innovators at the Schwab Foundation Summit
The Schwab Foundation for Social Entrepreneurship held its Annual Summit on 21-22 September 2019 in the World Economic Forum's New York offices. This was a special moment for the community as it officially embarked on a journey into its third decade, welcoming a more comprehensive ecosystem with three new award categories. Over 90 members from around the world participated, representing expert Social Entrepreneurs, Corporate Social Intrapreneurs, Public Social Intrapreneurs and Thought Leaders.
Check out our Highlights Report here.