SOCAP (Social Capital Markets), the world’s largest conference on social enterprise and impact investing, took place at the Fort Mason Center in San Francisco, California this week. Jessica Droste Yagan and Tasha Seitz of Impact Engine both attended #SOCAP16 to speak on a few panels and connect with others in the impact investing field. Earlier this month, Tasha and Jessica wrote an article on the SOCAP blog, sharing Impact Engine’s model and their thoughts on the state of impact investing in Chicago and beyond. Below, they’ve shared a recap and their thoughts on this year’s conference.
It was so great to attend SOCAP16 in San Francisco, surrounded by the energy and excitement of the SOCAP community. As veteran attendees (this is Jessica’s third and Tasha’s fifth conference), we are always energized to be around smart people who are passionate about the potential of the intersection of impact and markets. We even crossed paths with two of our own portfolio companies (Develop Link and Sokowatch).
One of the highlights of the conference was hearing from the many entrepreneurs building solutions to important problems. Tasha had the opportunity to speak with the 2016 SOCAP Scholarship Recipients, close to 150 entrepreneurs from 35+ countries, about how to get the most out of their conference experience. A key piece of advice — which applies to all entrepreneurs at all times — was to always be ready with a set of “asks” related to business support and introductions, and focus on building and nurturing existing relationships as well as making valuable new connections.
This year we also noticed a growing interest in direct investing among the investor community. […]