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 s…