Both Business and Social Entrepreneurs Thrive in the Washington DC Region

  The December 19 edition of the Washington Post contains an article written by Mr. Marc Fisher titled “A New Calling for Innovators” in which the author quotes a millennial as making the following statement regarding a governmental  career on the Hill relative to pursuing an  entrepreneurial  career in the private sector in DC.

 “A few years ago, people on Hill were revered”, “Now they are mocked”

 Mr. Fisher goes on to state that the DC region is becoming a rapidly expanding incubator for innovative businesses along the line of those in Silicon Valley but  the DC  based firms  are considerably broader in scope.

 “The innovation [in DC] is coming not only in the computer world but also in a slew of new fields, especially health, education, energy, transportation and hospitality—industries in which government regulation or international commerce are important”.

 Notwithstanding the emergence of business entrepreneurs in the DC area there is also a solid base of social entrepreneurial organizations in Washington DC region, including for example the Ashoka Foundation Global Headquarters in Arlington, Virginia.

 Little notice is given to social entrepreneurs who reside in the  DC region, individuals  who use techniques employed in the private sector to solve societal problems. Even less notice  is given to educating new entrants to the labor force of the existence of these career opportunities.

 Fortunately the information base on the activities of social entrepreneurs is expanding as set forth in an article titled “Accomplishment Beyond Dollars” in the January/February edition of  The  Environmental Forum published by the Environmental Law Institute , The  Environmental Forum Jan 2014.

Consequently we believe it important that DC bound  millennials be made aware of at least  three career choices; a career in government; an entrepreneurial career in the private sector or a  social entrepreneurial career in the public sector. The aforementioned article in The Environmental Forum delineates in considerable detail the non-financial awards from a career as a social, policy or environmental entrepreneur and hopefully it will set the stage for future articles that will educate new entrants to the labor force of the wide range of entrepreneurial careers  located outside the private sector.

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