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Social Entrepreneur's Cup Finalists Announced
Date:6/4/2009

MINNEAPOLIS, June 4 /PRNewswire/ -- Social Venture Partners is proud to announce the four finalists for its Social Entrepreneur's Cup awards. The Social Entrepreneur's Cup is a competition to find Minnesota's most innovative and effective social entrepreneurs. The four finalists compete for recognition and cash awards as part of the Engaged Philanthropy Conference that takes place on Thursday, June 18 at the Graves 601 Hotel in Minneapolis. The Social Entrepreneur's Cup was created to seek out, celebrate, and promote Minnesota's most innovative and effective social entrepreneurs and the non-profit organizations they lead.

Bill Drayton, the founder of the Ashoka Foundation and a leading social entrepreneur himself, describes a social entrepreneur this way: "Social entrepreneurs are individuals with innovative solutions to society's most pressing social problems. They are ambitious and persistent, tackling major social issues and offering new ideas for wide-scale change. Rather than leaving societal needs to the government or business sectors, social entrepreneurs find what is not working and solve the problem by changing the system, spreading the solution, and persuading entire societies to take new leaps. Over the past two decades, the citizen sector has discovered what the business sector learned long ago: There is nothing as powerful as a new idea in the hands of a first-class entrepreneur."

Each of the finalists will make live presentations before the judges and conference attendees vying for cash grants and consulting assistance from Social Venture Partners. The winner of the competition will receive $20,000 as a general operating grant and 40 hours of consulting services from the experienced entrepreneurs and managers who make up Social Venture Partners. The second place winner wins $5,000 and 20 hours of consulting services from Social Venture Partn
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SOURCE Social Venture Partners Minnesota
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