Non Profits as Innovation Incubators

Fund Raising is the common concern of start ups and nonprofits. I guess Innovation should be another core strand in that aesthetic. Any venture which is innovative, is not in alignment with the existing structures of commerce and social constructs. Aggregators have clicked because of the convenience it renders to the consumer. They are connectors, and when they started, they were innovative, now they are the status quo, an important characteristic of the status quo is when even the established business class, the traditional mercantile groups globally whether it is the baniya or the east coast jew, or the west coast VC jump in not to solve issues via disruption, as no one does disruption or innovation out of the blue. The vexed matters such as urban homelessness have been around for decades, no one has seen money being made easily. The aggregators have a proof of concept. Lets make sanitation sexy as Jack Sim says. Or let’s make the difficult classy. Innovation works on many hierarchies. Innovation, does not pay upfront, as there is no market. That market has to be curated.

Non Profits are true incubators of disruptive ideas, start ups have a valuation imperative. Non Profit start ups, have funding issues, but they can be a grant magnet very easily once they have built the correct platform. Prasoon Kumar whom i am working with has a great innovative product for the urban homeless, is right up the alley for creating a ripple.

 


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