(May 5th, 2009)
White House Office of Social Innovation and Civic Participation to Coordinate Efforts
WASHINGTON – President Barack Obama, in his FY2010 budget, will ask Congress to provide $50 million in seed capital for the Social Innovation Fund to identify the most promising, results-oriented non-profit programs and expand their reach throughout the country.
Many solutions to our nation’s most challenging social problems are being generated outside of Washington; the Social Innovation Fund will identify what is working in communities across the country, provide growth capital for these programs, and improve the use of data and evaluation to raise the bar on what programs the government funds. Read the official press release
Wikipedia: “Social Innovation“.
– Daniel Montano