This post was originally produced for Forbes.
Cecile Blilious is a social venture capitalist in Israel who is out to change the world. She offers five tips to help other investors do the same with investments in technology that offers a social benefit or social technology.
As Co-Founder and Managing Parter, Blilious leads Impact First Investments, which she describes as the “first Israeli investment firm specifically designed to leverage local technology and innovation to create global social impact.” The firm focuses exclusively in investments in Israel that have technology solutions to global social problems.
The fund earns its fees in the traditional manner with a management fee of 2.5 percent annually and a carried interest of 20 percent that entitles management to one-fifth of the profits on the investments. The team today includes five people with a six-member advisory board. The firm is now in the fundraising stage.
Blilious believes that she is herself a social entrepreneur. She says, “By working with Israel’s world class tech developers and social entrepreneurs, Impact First seeks to address the pains of millions of people, in a sustainable, measurable, profitable way.”
Nechemia Peres, Managing Partner and Co-Founder of Pitango Venture Capital, which has committed to invest in Impact First Investments and is hosting the younger firm in its office space, says, “I think they are doing a professional job full with enthusiasm and persistence. In addition to that they combine social investing, Israeli innovation, and a moral code and values–all of which are emerging trends on a global basis. They make a real contribution to humanity.”
Blilious offers the following five tips for changing the world through investments in social technology:
On Thursday, July 21, 2016 at noon Eastern, Blilious will join me here for a live discussion about her five tips for changing the world with impact investments in social technology. Tune in here then to watch the interview live. Post questions in the comments below or tweet questions before the interview to @devindthorpe.
Prior to founding Impact First, Blilious managed a portfolio of Israeli investments for the Noaber Foundation, where she served as a board member and/or as chairperson for several companies. Previously, she served as CEO of several companies, she says.
Remarkably, she is proud of having served as an initiator of the Al-Bawader private equity fund that invested in businesses in the Arab community in Israel.