Recognizing that social entrepreneurs often lack the business acumen of their for-profit business peers and that successful business professionals are often frustrated with traditional philanthropic options, Ashoka, the largest association of social entrepreneurs in the world, created the Ashoka Support Network (ASN). ASN matches Ashoka Fellows in small-group partnerships with successful small- and medium-sized business entrepreneurs to engage a new generation of businesspeople in philanthropy, to leverage resources from the business community for social entrepreneurship, and to support the Fellows in a sustainable, mutually beneficial and systematic manner. Lodestar funds supported fine-tuning of the ASN model, testing it in Europe and then scaling the initiative globally.
Grant Amount: $451,000
Year Granted: 2009
Timeframe: Grant awarded over multiple years
Grantee: Ashoka Support Network (ASN)
Grantee Website: Ashoka Support Network (ASN)