The cat’s out of the bag! We are excited to announce that Step Up: Equity Matters has been named one of 35 Social Innovations in this year’s M List from Madison Magazine! To top it off, team member Sara Alvarado graces the cover of the print magazine.
What is social innovation?
According to Stanford University’s Social Innovation Review, social innovation is a “novel solution to a social problem that is more effective, efficient, sustainable or just than existing solutions” and benefits primarily society as a whole rather than private individuals.
It includes these elements:
- Increasing employment, productivity and economic growth
- Justice, fairness, environmental preservation, improved health, arts and culture and better education
A social innovation:
- Can be a product, production process or technology (much like innovation in general), but it can also be a principle, an idea, a piece of legislation, a social movement, an intervention or some combination of them.
- Recognizes the fundamental role of cross-sector dynamics: exchanging ideas and values, shifting roles and relationships and blending public, philanthropic and private resources. Innovation blossoms where the sectors converge.
- Can’t be understood, let alone solved, without involving the nonprofit, public and private sectors.