From October 3rd to October 5th, Malaysia plays host to the SIFE World Cup, which involves university students from more than 40 countries competing on their best social entrepreneurship projects.
Kris Balderston, Special Representative of Global Partnerships in the Global Partnership Initiative (GPI) , under the office of the Secratary of State in the US State Department, was in town to catch the SIFE World Cup in action and learn from the event.
In the following interview, Balderston talks about why GPI believes in public-private initiatives are key to establishing social entrepreneurships, as seen in its flagship partnership, 'Investing with Impact'.
He also delves into the challenges faced by GPI in making these public-private alliances happen, the support systems American social entrepreneurs enjoy in the US, what challenges social entrepreneurs encounter. He also gives his view on why SIFE is an example of what the Malaysian government can do to facilitate a more conducive environment for social entrepreneurs.
"One of my favourite quotes by an American president is Franklin Delano Roosevelt, who -- in the depths of the terrible Great Depression in the US -- encouraged people and the government to pursue 'bold, persistent experimentation'. He wanted people to try things. If we fail, that's fine, give up and move on to the next. That's something that is very American that I hope we dont lose, and there's this structure thats been put in place to create this bold persistent experimentation," said Balderston.
Having worked with US Secretary of State Hillary Clinton for the past 10 years, he shares his personal take on working with not just with one but two Clintons. Balderston served former President Bill Clinton as Deputy Assistant to the President and Deputy Secretary to the Cabinet from 1995 to 2001. Prior to his current role, he was Hillary's first Legislative Director in January 2001 and Deputy Chief of Staff from 2002 to 2009.
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