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Martus
project leader Jim
Fruchterman selected by Schwab Foundation as one of world's
top social entrepreneurs
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The
Schwab Foundation for Social Entrepreneurship has announced
the annual selection of its top Social Entrepreneurs of the
Year for 2003. Jim
Fruchterman, President and CEO of The Benetech
Initiative, has been selected as one of this year's
outstanding individuals. The other
US
winners
were Millard
Fuller, the founder of Habitat for Humanity, and Wendy Kopp,
founder of Teach for
America
.
Social
entrepreneurs identify practical solutions to social problems
by combining innovation, resourcefulness and opportunity.
Deeply committed to generating social value, these
entrepreneurs identify new processes, services, products or
unique ways of combining proven practice with innovation,
driving through pattern-breaking approaches to seemingly
intractable social issues. Most importantly, they act as
social alchemists, converting under-utilized resources into
productive assets by working with, and motivating, groups of
people and communities.
INFORMATION
ON FRUCHTERMAN:
Jim
Fruchterman, President, CEO and founder of The Benetech
Initiative, is one of the twenty outstanding social
entrepreneurs selected by the Schwab Foundation.
Benetech is an innovative Silicon Valley nonprofit founded by
Fruchterman in 2000 that develops technology projects
addressing major social problems in areas such as disability,
human rights, literacy, education and the digital divide.
Its first two projects are Bookshare.org, an online library
that offers accessible digital books to people in the US who
are blind or have significant reading disabilities, and the Martus
Human Rights Bulletin System, a new technology tool to
assist grassroots human rights workers worldwide to collect,
safeguard and disseminate human rights violation information.
Fruchterman
founded Benetech�s predecessor organization, Arkenstone, in
1989 to provide reading tools for people with disabilities.
For over a decade, Arkenstone helped over 35,000 individuals
in 60 countries to live and work independently. The sale
of the Arkenstone business operations in 2000 to a for-profit
company provided the initial capital to launch Benetech.
�I
am honored to have been selected by the Schwab Foundation,�
Fruchterman said. �This recognition is a tremendous
success for Benetech and a validation of our mission of using
technology to help disadvantaged people and communities.
I look forward to working with the support of the Schwab
Foundation and the other Schwab Social Entrepreneurs to spread
this message worldwide in the coming year.�
In
1982, Fruchterman co-founded Calera Recognition Systems, which
developed character recognition that would allow computers to
read virtually all printed text. He is also a cofounder,
director and the chief financial officer for RAF Technology,
Inc.,
America
's
leading high-end OCR technology company, used by the United
States Postal Service to route the mail. In addition, he
is a member of the
board of the National Gathering of Social Entrepreneurs, has
served on two federal advisory committees and has been awarded
the Access Award by the American Federation for the Blind
(1996) and the Robert S. Bray Award from the American Council
of the Blind (2002). Fruchterman holds a B.S. in
Engineering and a M.S. in Applied Physics from the California
Institute of Technology.
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Our
featured partner: Marion Foundation
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The
Marion
Foundation studies and practices enduring global
values in a world that is changing in profound ways
every day. A circle of friends who celebrate
open-mindedness, the Marion Foundation is committed to
exploring how nature and spirit can empower the lives
of individuals and communities. The foundation
specializes in identifying innovative social
entrepreneurs and projects from around the world.
Marion will use DevelopmentSpace to mobilize the
resources needed to fully realize the extraordinary
potential of the people and initiatives that they have
identified.
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Global Poverty:
Much remains to be
done--but some programs have made remarkable gains
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Pete
Engardio | Oct 14, 2002
Seventeen
years ago, Rhoda Kabogaza and her family fled in terror from
their home in Uganda's Luwero Triangle, hiding out in the bush
10 miles away. The region was engulfed in a long, bloody civil
war. Kabogaza's 20-year-old son was executed as a suspected
rebel. Her six other children had no access to education or
health care. Today, Kabogaza owns a bustling business, has put
her two eldest children through high school, and supports two
children whose mother died from AIDS.
In
the wake of devastating floods, strife-torn
Bangladesh
drew world attention in the 1970s as millions faced
starvation. Like most of their illiterate neighbors in the
village
of
Bharariya
, which had no school or health clinic, Noor Jahan Begum and
her family were landless. They barely fed themselves toiling
on the farms of a wealthy landowner. Today, Bharariya has all
the basic services and 80 small private businesses. Noor grows
two tons of rice every year on her farm and hopes to save
enough money to send her daughter to college and build a
house.
To
be sure, these are just two uplifting stories plucked out of
an ocean of desperate poverty. But
they illustrate a powerful trend. Each year, millions of
people are climbing out of destitution, helped in part by
smart aid projects aimed at stimulating development at the
grassroots level. Both Rhoda Kabogaza and Noor
Jahan Begum, for example, turned their lives around with the
help of microcredit agencies, a rapidly growing movement that
has enabled some 2 million poor families in dozens of nations
to start and expand small businesses.
Continue...
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Ask
Tim:
Your
frequently asked questions
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1.
Why use DevelopmentSpace?
For
donors:
- Transparency
that lets you know exactly where your money is going.
You have access to every project's business plan, so you
can investigate the financial planning and the social
returns before
you contribute to the project
- A
Direct Connection
so
that you can directly involved, if you choose to be.
You can discuss the finer points of the entrepreneur's
project idea. You can see pictures of the project
underway. You have the ability to rate the
entrepreneur on his/her job, so that future donors will be
conscious of their reputation.
- A
larger selection
in
our marketplace allows you to find the perfect project.
Whether your looking for something in a specific sector or
a specific country, you'll be able to browse for something
you like on DevelopmentSpace.
- The
value
is
unmatched. Simply put, DevelopmentSpace is the
low-overhead, high-quality option for international
giving.
For
project leaders:
�
U.S.
501c(3) status
for all projects posted on DevelopmentSpace.com, making
American donors eligible for a tax deduction.
�
Project
planning templates and advisory services
that allow project leaders to create thorough and thoughtful
project proposals.
�
A
specific web address
for
each project posted on DevelopmentSpace, where project leaders
can upload supporting documents, photos, and multimedia.
�
Reputation
mechanisms
that make it easier for those with an entrepreneurial
background to get funding.
�
It's
free
2.
Where do the projects come from?
Any
individual or organization in the world can submit a project
on DevelopmentSpace. This approach empowers the people
closest to the problem to create a bottom-up strategy for
economic and social growth.
Once
the project idea is posted, the project leader must be
authenticated (vouched for by an internationally recognized
NGO) before he/she moves any further along the business
planning process.
This
unique process has yielded a wide spectrum of social
entrepreneurs on the site: from a leader of a prominent
NGO to a group of Indian businessmen to a Peace Corps
volunteer in Ghana.
3.
How do I get people to
support my project?
As
a social entrepreneur, you worked hard to create a great
business plan. You uploaded pictures, came up with a
clever project title, and even submitted an itemized financial
statement.
So
where's the funding?
Often
times, it just takes some aggressive marketing on your part.
If you project is in make a deal stage, you have to let people
know about it.
Use
the tell a friend feature on DevelopmentSpace to let your
friends and colleagues know about your project.
Look
for endorsements - let potential donors know what other people
think about your plan.
Track
your deal sheet. If someone downloads information about
your project, contact them and thank them for their interest.
Ask them if there are any further questions you can answer for
them.
Be
a salesman.
If you're not enthusiastic about the project, no one else will
be.
Have
a question about DevelopmentSpace? Send it to asktim@developmentspace.com
and you might see it in the next newsletter.
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