SOCAP strives to offer diverse content across the spectrum of business and capital innovation advancing social and environmental impact. SOCAP Open is a public submission platform that helps us source suggestions directly from our community. As in past years, SOCAP16 will include interactive sessions, panel discussions, workshops, and storytelling opportunities. By proposing a session idea and/or voting, we invite you to add your unique voice to the conversation.
Vote Up
Crowdfunding + Institutions = Co-signers of Business Loans
Amy Cortese & Arno Hesse, Locavesting and Slow Money
How did a $25,000 crowdfunding campaign “unlock” a much needed $250,000 business loan?
No matter how well-intended institutional small business lenders are, they still have the fiduciary responsibility to assess and minimize the risks. Will the market accept the risk? Are they good citizens in their community? Well, communities know, - and they express it in investment clubs or crowdfunding campaigns.
How can banks and funds use and build on the wisdom of the community, without neglecting their responsibility?
lending, Neighborhood Economics, Small Business, Social Justice, wisdom of the crowds
Panel
Intermediate
Amy Cortese, Locavesting
Arno Hesse, Slow Money Northern California
Vince Siciliano, New Resource Bank
Kate Danaher, RSF Social Finance
Catherine Howard, Northern California Community Loan Fund
Important 2016 Dates
- JUNE 3
Final day to submit an idea. - JUNE 4-15
Commenting and voting period. All sessions open for voting. - JUNE 16-28
Judging panel and final selection by SOCAP16 Content Team. - JUNE 29
Winning sessions announced to session organizers.
