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Molloy Lecture Series featuring Janji, on Value Creation: Starting a Social Business
Thursday, November 15, 2012 from 6:00 PM to 7:15 PM (EST)
Value Creation: Starting a Social Businesses
In 2010, Dave Spandorfer and Mike Burnstein founded Janji to help raise awareness and fund relief for the global food and water crisis through sports apparel. As avid runners, Spandorfer and Burnstein wanted to help runners give back, not solely through charitable races, but each and every time they run. Janji, which means “promise” in Malay, has incorporated the “buy one, give one model”, much like TOM’s apparel and Warby Parker eyewear into its social business platform.
The following year, Spandorfer and Burnstein won the top prize of $15,000 in the Youthbridge Social Enterprise and Innovation Competition (SEIC) at Washington University. Later that year, the pair also won $20,000 in startup capital when they were awarded first place at the UCCS Sports/Outdoors Business Plan Competition. Their first apparel line at Big River Running spurred partnerships with development organizations in Kenya and Haiti. At the moment, Janji works with Meds & Food for Kids, a non-profit which works to feed malnourished children and vulnerable communities in Haiti through nutrition packs. In Kenya, Janji partners with an organization called Kickstart to subsidize sustainable water pumps for farmers. To date, Janji has released their Haiti and Kenya apparel lines in 92 specialty running stores in 28 states around the country.
In this joint Molloy-Social Enterprise Lecture Series, Spandorfer and Burnstein will discuss their experiences as relatively young entrepreneurs starting a social business and their motivations for doing well by doing good.
Date: Thursday, November 15, 2012
Location: 101 Churchill Hall
For more info, please contact email@example.com or visit www.janji.org
When & Where
Social Enterprise Institute
The Social Enterprise Institute is grounded in the belief that business can be a powerful tool in helping to alleviate poverty in the developing world.