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White House and Social Innovation May 30, 2009

Posted by aimepst in Uncategorized.
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d.Extreme‘s letter to Pres. Obama got me thinking… what is the White House doing regarding innovation and entrepreneurship? A quick perusal of www.whitehouse.gov led me to the newly created Office of Social Innovation -and a really cool bill just passed into legislation on April 21, 2009….

The Edward M. Kennedy Serve America Act, meant to “usher in a new era of national service,”  comes with the establishment of the Social Innovation Fund. The Fund has allotted $50 million for the 2010 Fiscal year to be given to existing grant-making institutions to start their own Social Innovation Grant programs.

What types of activities can the Fund go to? According to AmericaForward:

“The Funds may be focused on serving a specific local geographic area (for example a neighborhood, group of rural counties, city, state, or an identifiable region) or address one of the following issues:

  • Education for economically disadvantaged students
  • Child and youth development
  • Reductions in poverty or increases in economic opportunity
  • Health, including access to health services and health education
  • Resource conservation and local environmental quality
  • Civic engagement
  • Reductions in crime”

(Check out the full article at: http://www.americaforward.org/2009/05/details-on-the-social-innovation-fund-from-the-serve-america-act/)

Pretty neat!

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Comments»

1. Claire Roscow - May 31, 2009

Obama’s actually been accused of being very ‘east coast business’ and not incorporating enough of the special energy so prevalent in silicon valley. Look at his appointees, the industries they’ve come from, and their areas of interest. It’s a pretty interesting trend.


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