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CASE Accepting Nominations for 2005
Leadership in Social Entrepreneurship Award
As part of our efforts to promote entrepreneurial leadership
in the social sector, each year CASE recognizes an individual who
has made significant contributions to the field of social entrepreneurship.
Honorees may be social entrepreneurs, philanthropists, researchers,
writers, or academics whose work has had positive social impact
by encouraging or demonstrating innovation and promoting effectiveness
within the social sector. Each spring, CASE invites one honoree
to Fuqua to deliver the Annual CASE Leadership in Social Entrepreneurship
Lecture to an audience of students, faculty, administrators, and
community leaders. Past recipients include Muhammad Yunus from Grameen
Bank and Bill Strickland of Manchester Bidwell Corporation.
2004 Award Recipient Muhammad Yunus CASE accepts nominations for this award from students, faculty,
and the CASE network of individuals interested in advancing the
field of social entrepreneurship. Criteria for nominating and evaluating
honorees include the following:
• Demonstrated contributions to advancing the field of social
entrepreneurship through developing innovative approaches to social
issues; promoting greater effectiveness and entrepreneurial leadership
in the sector; or advancing knowledge and awareness of social entrepreneurship
through research and writing.
• Recognized leader in the field as a social entrepreneur,
philanthropist, researcher, writer, or academic
• Inspiring speaker who will appeal to CASE’s core audiences:
Duke students, faculty, and administrators as well as Triangle community
leaders
Nominations for the 2005 Leadership in Social Entrepreneurship
Award and Lecture must be received no later than November 15, 2004.
Read more about the award and download a nomination form on the
CASE website.
Echoing Green Visits Duke
 As
part of the Social Impact Club Brown Bag Lunch Series, CASE hosted
Echoing Green
President Cheryl Dorsey and 2003 Echoing Green Fellow Dan Ravicher
on September 22nd. Graduate students from Fuqua, the Law School,
the Sanford Institute of Public Policy, and the Philosophy Department
attended the event. Dorsey, a 1992 Echoing Green Fellow who transitioned
from Board Member to President three years ago, spoke about Echoing
Green, a two-year fellowship program that supports early stage social
entrepreneurs; commented on the rise of social entrepreneurship
around the world; and highlighted some of the challenges and opportunities
facing social entrepreneurs, and specifically MBAs looking to get
involved with the social sector. Ravicher shared his personal experiences
as a Skadden Arps patent attorney turned social entrepreneur. He
founded the Public
Patent Foundation (PUBPAT) in 2003 to ensure patents promote
progress without causing harm to the public. Both Dorsey and Ravicher
spoke passionately about the unique role Echoing Green plays in
the social sector and the profound impact it has on the Fellows
it selects. According to Ravicher, “Echoing Green invests
in ideas and people where no market system exists and no others
have taken a risk. Echoing Green provided [him] with an incredible
opportunity, and the reputational market valuation of being an Echoing
Green Fellow is incredible.” The numbers appear to validate
Ravicher’s claim. In addition to recounting how Echoing Green
was the first funder to believe in her when she was an aspiring
social entrepreneur, Dorsey reported a few Echoing Green statistics.
Since making its first investment in 1987, Echoing Green has invested
over $21 million in Fellows’ organizations that have since
attracted an additional $930 million, yielding a 44:1 ROI. 77% of
the organizations are still in existence, and 85% of the leaders
remain in key social sector leadership positions.
Kelly Services Foundation Supports
Fuqua Loan Forgiveness Fund
The Kelly Services Foundation recently became the first
donor to the Fuqua Loan Forgiveness Fund (LFF) outside of the Daytime
Class of 2001.
 Maury
Wray-Bridges, Fuqua '04, poses with other members of the MBA
Enterprise Corps (MBAEC). Maury is participating in Fuqua's
Loan Forgiveness Fund while serving with the MBAEC as a volunteer
business consultant in Bulgaria. Photo courtesy of Volunteers
for Economic Growth Alliance (VEGA).Launched with funds from the Class of 2001 Class Gift, the LFF
provides financial assistance to alumni working full-time for nonprofit
and government organizations to help them with repayment of their
MBA loans.
According to Carl Camden, Kelly Services President and member of
Fuqua’s Board of Visitors, "I and others at Kelly Services
believe that many of the best solutions to social problems come
from nonprofit organizations, but many of these organizations have
difficulty attracting the best management talent. By supporting
the Loan Forgiveness Fund, we hope to encourage MBAs to pursue nonprofit
careers by reducing one of the barriers to doing so.”
Since making its first award in fall 2002, the LFF has provided
assistance to nearly 30 alumni working for a wide range of nonprofit
and public sector organizations. According to Camden, “We
hope that our investment will trigger other foundations and individuals
to contribute to this program. Our goal is not only to help make
this program sustainable, but in the long run, to move beyond merely
addressing the debt burden to actually supplementing nonprofit salaries
to make them more competitive."
For more information on the LFF, contact Beth Anderson, CASE Managing
Director, banders@duke.edu
or see the CASE website at www.caseatduke.org.
Fuqua on Board Matches 26 Students with
13 Triangle Nonprofits
Fuqua on Board (FOB) matches Fuqua students with Triangle
area nonprofits to serve as non-voting board members during the
course of the academic year. Board Associates work closely with
a board mentor, participate in board and committee meetings and
complete a consulting project for the nonprofit organization that
draws on their business skills and experience.
Through the FOB program, students gain an in-depth understanding
of the role of business leaders on nonprofit boards and develop
the skills for effective and thoughtful community leadership throughout
their careers. The nonprofits gain access to business expertise
and work with the students to complete a consulting project designed
to address a critical and relevant business issue. CASE is thrilled
with this year's group of dedicated students and nonprofit organizations
that will work together to achieve significant social impact in
our community.
Greg Dees Introduces First Year Students
to Social Entrepreneurship
CASE Faculty Director Greg Dees kicked off the Social Impact
Club Brown Bag Lunch Series on September 14th with his an introduction
to social entrepreneurship. Nearly 30 predominantly first year students
listened to his presentation and engaged in a lively Q&A session.
After sharing his own background and personal journey to become
a leading academic in the field of social entrepreneurship, Dees
traced the definition of social entrepreneurship to the roots of
entrepreneurial theory. He then discussed how adopting a social
mission moves the entrepreneur beyond the creation of private value
into an arena where market discipline is limited and impact is both
hard to measure and open to dispute. Dees also highlighted how social
entrepreneurship is not simply nonprofit management or responsible
business, going on to discuss recent trends in social entrepreneurship,
including the blurring of sector boundaries and the increasing attention
to impact, improving performance, and sustainable solutions. He
brought the concepts of social entrepreneurship to life through
the example of Help the World See, a social venture that developed
two very different entrepreneurial approaches to providing primary
eye care in developing countries. Finally, Dees concluded with thoughts
on the opportunities and challenges facing MBAs interested in using
their business skills for social impact.
CASE Profiled in Fuqua’s “Monday
Morning Message” Series
Every two weeks, Fuqua’s Marketing and Communications
Department produces a short video for the Fuqua community highlighting
events, individuals, ideas and important topics at Fuqua. In September,
CASE kicked off the Monday Morning Message Series on “Centers
at Fuqua.” See CASE Faculty Director Greg Dees, Managing Director
Beth Anderson and Assistant Director Shawn Rubiera talk about social
entrepreneurship, CASE and its role at Fuqua.
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