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SBN's Social Venture Institute aims to 'change the way people run businesses'


Philadelphia continues to grow in its national leadership role as a center for all things green and sustainable. This weekend, The Sustainable Business Network of Greater Philadelphia hosts the 2011 Social Venture Institute, a two-day seminar with the mission of growing green businesses now in its ninth year.

"The Social Venture Institute is our region's premier sustainable business event. SVI was one of the first conferences to discuss the Triple Bottom Line business model of incorporating People, Planet and Profit into a business’ success," says Jennifer Devor, Events Manager at SBN. "While the audience is primarily from the Greater Philadelphia area, we do have a handful of entrepreneurs coming from around the country. We have people registering from as far away as Washington State."

Mayor Michael Nutter, who was handily re-elected for a second term last week, emphasized the role of Philadelphia as a center of sustainability in his acceptance speech:

"Four years ago I said that Philly could be the greenest city in the United States of America. Today the federal government is investing $130 million at our Navy Yard to build a clean tech hub, our recycling rate is three times higher than it has ever been, and we are one of the leading cities in America taking advantage of the growth in the green economy."

The Social Venture Institute (SVI) will take place at The Hub, self-proclaimed as the only privately held LEED Silver certified meeting space in the country. Rather than keynotes, SVI has True Confession Speakers, including Paul Saginaw, co-owner of Michigan based Zingerman's Community of Businesses, and MaryAnne Howland, owner and president of Nashville, Tenn., ad agency Ibis Communications.

The schedule, aimed at teaching "entrepreneurs how to run successful businesses that have a positive social and environmental impact," includes workshops and networking sessions that cover topics from finance to social media. Devor expects around 200 attendees and 30 experts, including representatives from Praxis Consulting Group, Women’s Business Development Center, Valley Green Bank, and Technically Philly.

"This conference is about learning how to balance your business goals with your passions and change the way people run businesses," says Devor.

Eighty scholarships, funded by The Prudential Foundation, are available to minority entrepreneurs and low-income applicants and reduce the cost to $40; full price tickets range from $45 to 180, depending on the number of sessions you'd like to attend. Both scholarship and full price tickets are still available.

Source: Jennifer Devor, Sustainable Business Network, Mayor Michael Nutter, City of Philadelphia
Writer: Sue Spolan
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