משתמש:Nofar.albarak/Social Technology

Social-Tech

Not to be confused with social technology

Social-Tech, is the Innovative application of digital technology to address complex social challenges , from health and education to poverty and climate change. The application of new ideas, generated at the intersection of insight, invention and technology, that leads to social impact Products currently considered Social-tech today are products that combine technology and social impact, any and all means that are available to solve a social problem. Not to be confused with social media that allow people to create, share or exchange information, ideas, and pictures/videos in virtual communities and network. Social media and, or social marketing platforms that serve the society, social tech is for the people, for the society good and make a difference in our life.

Origin of the term

Social tech is the crossword between ‎global social challenges and the technological solutions that address them.

Social Tech sectors

The sector approach classifies social sectors according their when a large enough sector of society is affected by an issue, it becomes a social issue .

Health care Hunger Obesity Poverty Traffic collision Environmental Pollution Alcohol and other Drugs Blindness Handicapism

Examples of solutions from varians fields

Embrace Warmer - When infants are born prematurely, they lack the body fat necessary to regulate their own temperature. So room temperature can feel freezing cold. Embrace Warmer incorporates an innovative phase change material to rapidly stabilize the temperature of an infant suffering from hypothermia. Be My Eye - Be My Eyes is an app that help blind people to deal with every day challenges. By connects blind people with volunteer helpers from around the world via live video chat. Watsi - Fund healthcare for people around the world. Talkitt - solution that enables people who have motor, speech, and language disorders to easily communicate using their own voice.

Types of Players

● Impact Investors / Social Venture Capital – VCT: an investment approach that create both social or enviromental impact that can be actively measured and financial profit.

● Accelerators- takes single-digit chunks of equity in externally developed ideas in return for small amounts of capital and mentorship.

● Incubators - Brings in an external management team to manage an idea that was developed internally

● Philanthropy, Consultants and NGO that support existing startups.

● Business, see in STB as a right investment if they serve the economic interest of their business. For example: car insurance companies have definite interest to invest social venture that address car accident.

For example

Israel Types of Players

impact investors: Impact First, Pitango, IVN, Social Finance Israel, SADARA, Vital, Toniic, Al Powder, DUALIS, Our Crowd, Israel Cleantech. Accelerators and Incubators: COM.UNITY, 8200EISP, ESCO, Minga, Leumi Tech, Penze Group, Tech For Good Supportice associations and Consultants: Impact Investing Israel, JLens, Marom Group, Socialize

USA Types of Players

impact investors: Koret Foundation, Bambpp Finance, Investor Fund, Peery Foundation, Social Venture Fund, Unites Impacts, Pomona Impact Accelerators and Incubators: Hult Prize, Betaspring, Global Accelerator Network, Groundwork Labs, iAccelerator, Invest 2 Innovate, iStarter, Hired By Society, Ashoka Supportive Associations and Consultants: B-Corporation (Certification)

See Also

• Social business
• Impact investing
• Social entrepreneurship
• Double bottom line
• Triple bottom line
• Sustainopreneurship

External links

• Information about Global Social Business Summit
• Knowledge Centre