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Submissions, commenting and voting for SOCAP Open 2016 is now closed.

If you submitted, thank you for sending us your ideas for SOCAP Open! If you missed the deadline this year, you’ll have your chance again in 2017!

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Customers as Investors: Why Communities are Better Underwriters

Amy Cortese & Arno Hesse, Locavesting and Credibles


Communities are now doing more than just "voting with their wallet". In the past, most loans and investments were desk decisions by professional underwriters (profit-oriented or well-meaning) while the rest of us were invited to “shop with our values” or donate in campaigns. That divide is coming to an end! Turns out members of the communities are actually better underwriters for businesses and projects in their communities. In this session, let’s compare examples and learnings about how we can reduce the risks when “voting with their retirement accounts”. It’s the maker movement applied to our money!
investment democratization, local economies, Neighborhood Economics, Social Justice
Interactive Workshop
Beginner
Amy Cortese, Locavesting Arno Hesse, Credibles Amy Pearl, Hatch Innovation
BALLE Kiva

Comments are closed.

Important Dates

  • June 14, 2017
    Final day to submit an idea.
  • June 15 - 29, 2017
    Commenting and voting period. All sessions open for voting.
  • June 30 - July 13, 2017
    Judging panel and final selection by SOCAP17 Content Team.
  • July 14, 2017
    Winning sessions announced to session organizers.

SOCAP17 SWEEPSTAKES

A lucky person will receive 2 free tickets to SOCAP17 and other impact-themed prizes!

ENTER TO WIN

SOCAP17 SCHOLARSHIPS

Apply for a SOCAP17 Entrepreneur Scholarship or SOCAP17 Bush Foundation Scholarship for Social Business Creators.