Archive for the ‘Coffee Talk’ Category

PSVP GOES GLOBAL!

Friday, September 5th, 2008

Local Investor Group Works to Strengthen Ties With Japan

In the latest edition of Global Pittsburgh News, the enewsletter of Global Pittsburgh, there is a great article on PSVP’s recent “Coffee Talk” with SVP Tokyo’s founding partner Hideyuki Inoue.

PSVP partner Erin Queen put together a fabulous meeting and discussion with some of our partners and Hideyuki who was in Pittsburgh as part of his travels across the country.  During his visit, he also met with Bill Strickland at the Bidwell Training Center.

During the Coffee Talk held at Panera Bread on the Blvd. of the Allies, we talked about issues related to at-risk kids in Tokyo and Pittsburgh.  Teen suicide seems to be an increasing issue in Tokyo.

Philanthropy and SVP is new in Tokyo. As Hideyuki said, “For many generations, there has been nothing else outside of work. Today, young people in Japan want more. In recent years, there has been a big shift among the younger generation in Japan to care more about society.”

John Denny

Chair

Coffee Talk 7/1/08

Monday, July 21st, 2008

Dr. Jerry Vockley was the featured speaker at our first “Coffee Talk” on Tuesday, July 1st.  The Coffee Talks are a new concept for PSVP.  Our goal is to provide opportunities across the county where our partners are clustered, to connect and have an informal discussion on a topic that relates to our work — directly or indirectly.  Jerry and John Denny just spent a week together at boy scout camp with their sons and talked about Jerry sharing a bit about the work he and his team do right here in Pittsburgh. 

Jerry is a very interesting person who grew up in the region, left for school, then residency, then genetic research work in other cities.  He was actively recruited to Pittsburgh by Children’s Hospital to start a pediatric/genetic research center.  Eventually, Jerry and his team will be housed in the new Children’s Hospital building in Lawrenceville.  Genetics research is associated with pediatrics because genetic problems/defects typically manifest themselves at or near birth.  If it is a non-lethal defect, you typically don’t see it in an adult until it manifests itself in the child.  No way to detect genetic defects unless you know what you’re looking for. 

Some of the most common:  PKU, no enzyme to use amino acid.  Led to newborn screenings – heel swipe.  Children’s Hospital of Pittsburgh serves a catchment area of roughly 5M people and only 130 people have PKU in this area.  The health systems in general are good at getting services for kids, not adults.  Seeing more and more children getting into early adult hood that wasn’t possible just a few years ago.  You tend to stay with your geneticist as you grow older; not to an internist (adult). 

New development of national collaborations to develop tests for specific disorders. Jerry is leading one of the collaborations. Can’t cure; typically treat the symptoms.  Many can be addressed by dietary manipulation, which is not covered by insurance.  Can run between hundreds and thousands of dollars per month. 

Recognition of these disorders is becoming higher; there hasn’t been an increase in genetic mutations.  You hear more about these diseases because of the increasing ability to diagnose.  Diagnosis is the sorting out of the mistakes at the gene level.  Most of the diagnoses weren’t even possible 10 years ago.  Computers are accelerating everything in biology.  Stem cell research is one option.  If the defect can be isolated to one type of cell, then maybe there’s a way to cleanse the blood of the toxin – liver transplant.  Some disorders appear in every cell — eventually will need to develop drugs to counter the effects of the defects. 

Where does Pittsburgh fit into the genetic disorder field?  In some areas we are among the leaders:  Gene therapy, stem cell research, multi-factorial disorders.  It’s a great place for bio-engineering with Pitt & CMU collaborations.  Gene therapy is tougher than anyone every guessed. 

Prior to Jerry’s arrival in Pittsburgh, there was no interest in clinical genetic disease — it’s a money loser.  It’s all about the dollars for research.  If you have a high profile advocate that helps raise money for research.  The biggest way to have an impact is parent advocacy.  Example, Oregon.  A bill to support MCAD research was log-jammed in the state legislator.  A parent gave testimony, bill passed.

Some cities have tremendous resources to bear on research — faculty who have research interests.  Leaders in the field are typically Children’s of Boston, Children’s of Philadelphia, Washington University (St. Louis), UCLA. 

Coffee Talk “Light” #2

Tuesday, July 15th, 2008

Coffee Talk – Light

Pittsburgh Social Venture Partners

July 15, 2008

Our Guests:  Hideyuki Inoue, Founder SVP Tokyo and Yuki Okuda research at Keio University

We were extremely fortunate to receive a visit from Hide Inoue, the founder of Social Venture Partners Tokyo.  Hide and his colleague Yuki Okuda are crossing the US doing research on Entrepreneurship and Social Entrepreneurship (think David Bornstein and Gramman Bank).  We were also pleased to have with us Wendy Bennett, executive director of Japan-American Society of PA and Wendy’s colleague Kazuko Macher.  Andy Ai joined us and Andy works for PNC and has been leading several significant regional initiatives, the most high profile is probably the annual Silkscreen Festival.  Interesting PSVP/Japan connections that we didn’t know about:  Bethany Davidson taught English in Tokyo for 4 years and is a member of the Japan-American Society.  Erin Queen has worked in Japan and Southeast Asia for many years before getting married and having children.

We began the discussion with trying to learn about the most pressing social issues in Japan.  Hide said that there’s almost an epidemic among young professional that they lose their personal goals when they go to work because there’s not time left for anything else.  He related his experience with Anderson Consulting — he’d travel into the city, work a minimum of a 12 hour day and take a cab home because no trains ran that late.  There was nothing else and young people want more.  They know that employment isn’t guaranteed – much as the employment picture has changed in the US. 

In 1998 a law was past that established nonprofit status.  Before that, a lot of work got done, it was just done at a grass roots level.  There’s been a big shift among younger generation to care more about society. 

SVP Tokyo grew out of Hide’s work finding sustainable education for young social entrepreneurs — connecting potential social investors who may act as judges/mentors for a business plan competition.  In Japan, there are not so many private foundations; however there are quite a lot of high net worth individuals who do make personal donations/contributions.  Before WWII private philanthropists were socially minded.  After WWII, the government took care of social needs.  The SVP Tokyo group started with a small core of people, and they hosted monthly networking meetings that featured a speaker, typically on social enterprise and then networking and looking for ways to match up investors with young business entrepreneurs.  This developed into an ecosystem of social entrepreneurs and supporters. 

SVP Tokyo started in 2003.  They made their first investment in 2005.  They have 72 partners, each donating $1,000 per year.  They have 5 Investees, they expect to bring on 3 new ones this year and they’ve graduated 2 Investees so far.  They have more female partners than male partners, and large corporations are well represented. 

John Denny asked us to think about a way to partner between Pittsburgh and Tokyo and use the support of the Japan-America Society.  We’d focus around a common social problem, and see how we might get some sort of competition going between nonprofits in our two cities – in the vein of changemakers.net.