In February, venture capitalists, entrepreneurs and non-profit employees gathered at a coworking space in New York’s Tribecca neighborhood to chat “Social Entrepreneurship:” businesses that focus as much on social good as the bottom line.
Halfway through the event, organized by Philadelphia’s Good Company Ventures, an audience member asked what city should serve as the center of this social entrepreneurship movement. A surprising number people immediately responded, “Philadelphia.”
It’s no secret that most large America cities are vying to be “The next Silicon Valley.” This typically means a focus on early stage technology and Internet startups, some of which—hopefully—become large employers drawing lots of young, highly educated taxpayers.
While Philly has no shortage of people clamoring for an effort to remake the city into a “Philicon Valley,” recent trends indicate that the city’s entrepreneurial community is busy carving out a different niche in the nation’s technology environment: startups focused on social good, not just the bottom line.
This isn’t an uphill battle, the city is home to some of the leaders in the field of Social Entrepreneurship. Here are some of the local players working to use technology and business to make Philadelphia—and the world—a better place:-30-