Social Enterprise Partnership wins $1M in Bloomberg Mayors Challenge - Philly


Mar. 13, 2013 9:33 am

Social Enterprise Partnership wins $1M in Bloomberg Mayors Challenge

The Philadelphia Social Enterprise Partnership, an effort from the city, GoodCompany Group and Wharton to incubate startups that will focus on solving urban problems, is one of five winners for $1 million from the Bloomberg Philanthropies.
Updated with more details about the program. (3/13/13, 11:28 a.m.)

Thanks to a $1 million award, the Philadelphia Social Enterprise Partnership, an incubator for socially-minded startups, is going to become a reality.

Philadelphia is one of five winners of Bloomberg Philanthropies’ Mayors Challenge, according to a release. It was named one of 20 finalists last fall, out of more than 300 submissions (and called among the most interesting this month). Among the five winners, Philadelphia’s proposal is the only one to focus on entrepreneurs.

The city will work with the Wharton Social Impact Initiative and social entrepreneurship accelerator GoodCompany Group on the project.

The Philadelphia Social Enterprise Partnership will be run by the Mayor’s Office of New Urban Mechanics and expects to have its first class of social entrepreneurs by the first quarter of 2014, Mayor Michael Nutter said on a conference call this morning.

It’s yet another one of Nutter’s public-private initiatives (see: Freedom Rings Partnership/KEYSPOT, the Mayor’s Office of New Urban Mechanics, StartUp PHL). Nutter explained it this way: the program will allow the city to benefit from the private sector’s “outside view” and also allow the city to “get out of the way” and not hinder innovation.


Along with PSEP, projects from four other cities won money, including Chicago, Houston, Providence, R.I., and Santa Monica, Calif.

Already a member? Sign in here


5 trends in growing startup cities from the last decade that you should understand

Inside ROAR for Good’s pivot to B2B

SEED-SPOT is bringing its startup launchpad back to Philly



Why working with the University City Science Center was a game changer for 4 Philly startups

Philadelphia, PA


Director of Product Design

Apply Now


UX Designer

Apply Now
Chesterbrook, PA


Inside Sales Representative

Apply Now

Impact startups and nonprofits: AWeber has $20,000 up for grabs

Today is the last day to register to vote in Pa.

SEED SPOT wants to be the safe space where your (finally) pitch your company



Take a peek at the opportunities popping up at PromptWorks

Horsham, PA

Penn Mutual

Software Engineer-Java

Apply Now
Ambler, PA


Data Engineer

Apply Now
Center City


Product Manager – Sales Tools

Apply Now

Sign-up for daily news updates from Philadelphia

Do NOT follow this link or you will be banned from the site!