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Our Staff Writers and Editors offer insights on the latest news, events, interviews and other happenings from the development through enterprise and base of the pyramid universes
Thursday, November 20, 2014 — No Region Specified

500 Startups’ $10M fund will invest in mobile health in India, China, Africa

Source: MedCity News

A $10 million micro fund that will make investments in early and growth stage mobile startups, including mobile health, got started this week.
Wednesday, November 19, 2014 — South Asia

This Indian start-up could disrupt health care with its powerful and affordable diagnostic machine

Source: The Washington Post

Frustrated at the lack of interest by the medical establishment in reducing the costs of diagnostic testing, Kanav Kahol returned home to New Delhi in 2011 and built a prototype of a device called the Swasthya Slate (which translates to “Health Tablet”) in less than three months, for a cost of $11,000.
Tuesday, November 18, 2014 — South Asia

Mobile payment startup taps into Indian villages

Source: PYMNTs

Ezetap, a mobile payment startup, wants to connect small Indian villages with business and is using its mPoS to do so, Business Standard reported.
Thursday, November 13, 2014 — No Region Specified

Nike-backed startups put girls first in fight against global poverty

Source: Mashable

For the past two weeks, ten companies have been consulting with mentors, growing their business models and collaborating with one target demographic in mind: girls in impoverished parts of the world, a population that many say is the most marginalized in the world.
Tuesday, November 4, 2014 — South Asia

Indian start-up to enable bank transactions via kirana stores

Source: Business Standard

Novopay uses Aadhaar biometric scanner for dealings
Friday, October 31, 2014 — No Region Specified

Backed by Gates, Affinivax Ramps up Velcro-like Vaccine Tech

Source: Xconomy

A new startup with backing by the Bill & Melinda Gates Foundation called Affinivax claims it’s created a vaccine to protect against all 90 strains of pneumococcal bacteria. Now comes the hard part: scaling up, proving it in clinical trials, and making a successful business out of it.
Thursday, October 30, 2014 — No Region Specified

Asia-Pacific J&J Innovation Center opens with Shanghai HQ

Source: Pharma Times

Johnson & Johnson Innovation has expanded its global network of research partnering hubs with the opening of the Asia Pacific Innovation Center headquartered in Shanghai with satellites in Singapore, Australia and Japan.
Tuesday, October 28, 2014 — No Region Specified

Venture Capital Firm Invests in Start-Ups With a Social Mission

Source: The New York Times

When the co-founders of SolarCity, Lyndon and Peter Rive, along with their cousin Elon Musk, were raising money for their solar energy start-up in 2007, they called on just one outside investor.
Monday, October 27, 2014 — No Region Specified

Tips to young social entrepreneurs: How to finance a startup

Source: Rappler

A social enterprise expert from the Social Enterprise Development Inc gives practical advice on how to overcome challenges in business startups.
Thursday, October 16, 2014 — No Region Specified

ClearlySo raises £800,000 to help support social entrepreneurs

Source: Startups.co.uk

Big Society Capital and Body Shop co-founder amongst backers of social impact investment intermediary
Wednesday, October 15, 2014 — South Asia

After Winning Hult Prize, MBA Entrepreneurs Seek To Heal Indian Healthcare

Source: BusinessBecause

Manish Ranjan led his business school team to victory in the Hult Prize 2014. Now, the MBA entrepreneur has grand plans to help fix India's healthcare system.
Tuesday, October 14, 2014 — South Asia

Social enterprise is an emerging force in Pakistan

Source: The Guardian

New social start ups tackling water, energy and construction challenges in Pakistan hope to help break the country’s reliance on aid
Thursday, October 9, 2014 — South Asia

IMJ Investment Partners’ Koichi Saito: Bopping to the BoP startup

Source: e27

Koichi Saito, Director, IMJ Investment Partners doesn’t think Manila needs Google Glass
Tuesday, September 30, 2014 — No Region Specified

Bringing Solar Power To Remote Hospitals Is Saving Lives

Source: Fast CoExist

One startup working in Nepal learned that delivering high-quality health care often means having to innovate in unexpected ways--such as building new energy systems.
Thursday, September 25, 2014 — No Region Specified

Bill Clinton Rewards a Social Startup and Resolves a Minor Health Crisis in the Same Night

Source: BusinessWeek

A team of students from the Indian School of Business left a Times Square Sheraton Tuesday night with $1 million to help them improve access to health care in low-income neighborhoods and with this year’s Hult Prize, which former U.S. President Bill Clinton awards annually to a team of student social entrepreneurs.
Wednesday, September 24, 2014 — No Region Specified

Major donors launch new fund to support innovation

Source: Devex

For some time now, major bilateral donors have been working independently to fund innovations and support startups, but a group of them announced Tuesday a new fund where they will pool capital to spur creative, pioneering interventions to tackle global development challenges.
Tuesday, September 23, 2014 — South Asia

Tata announces social enterprise challenge

Source: Times of India

The Tata Group has announced the commencement of the Tata Social Enterprise Challenge (TSEC) 2014-15, a joint initiative with the Indian Institute of Management Calcutta (IIM-C), to find India's most promising early-stage social enterprises.
Monday, September 22, 2014 — South Asia

Jumpstarting Indian Startups Serving The Bottom Of The Pyramid

Source: Forbes

There’s a dearth of seed-stage funding for social enterprises in developing countries, a situation known as the “pioneer gap.” That’s why Will Poole and Dave Richards co-founded Unitus Seed Fund about two years ago and, recently, announced an agreement with the U.S. Global Development Lab, a new enterprise within USAID, to jumpstart the early-stage impact startup ecosystem in India.
Friday, September 12, 2014 — No Region Specified

BlackBerry acquires virtual SIM startup Movirtu, plans to support ‘all major smartphone operating systems’

Source: The Next Web

BlackBerry today announced it has acquired Movirtu, a UK startup that allows multiple numbers to be active on a single device.
Thursday, September 11, 2014 — No Region Specified

PRESS RELEASE: Aindra Systems Gets Backing by Villgro, the Social Enterprise Incubator

Source: PR Newswire

Aindra Systems, an early-stage startup, has secured backing by Villgro, the Social Enterprise Incubator focused on funding startups having a social impact.
Thursday, September 11, 2014 — No Region Specified

Why This VC Firm Thinks B Corporations Are A Good Investment

Source: Fast CoExist

The Collaborative Fund believes that B Corp social good certification is a signal that startups are making decisions that are better in the long term.
Tuesday, September 2, 2014 — South Asia

PRESS RELEASE: At SOCAP 14, Unitus Seed Fund launches its India Impact Acceleration Program

Source: Press Release

September 2, 2014: San Francisco. Today at SOCAP 14, Unitus Seed Fund launched its India Impact Acceleration Program to help improve and accelerate the early-stage impact startup ecosystem across India in three ways: by increasing connections facilitated through “startup scouts” operating across India, working with leading incubators to help create more “venture capital-ready” startups that target low-income populations, and offering financial assistance to startups that make use of our existing Venture Advisor and Catapult Partner networks.
Monday, August 25, 2014 — Sub-Saharan Africa

‘Nigerian startups will revolutionalise healthcare delivery’

Source: Nigerian Tribune

Q: I understand that Integrated Medics helps improve health care delivery. Specifically, how do you achieve this? A; We achieve this through automation of all the process in the hospital: from record office to front desk, from consulting to admission; from store to pharmacy and from NHIS desk to payment desk. Basically, by fast-tracking the healthcare delivery system.
Thursday, August 21, 2014 — No Region Specified

Wells Fargo creates startup accelerator to get front-row seat on financial innovation

Source: Charlotte Business Journal

Wells Fargo & Co. has established the Wells Fargo Startup Accelerator, designed for startups pursuing innovation in financial services.
Wednesday, August 20, 2014 — No Region Specified

SimPrints wins £250,000 from Gates Foundation to develop fingerprint scanner

Source: BiometricUpdate.com

UK start-up SimPrints announced it has received a £250,000 grant in funding to develop a fingerprint scanner that some are calling a “game-changer” in global healthcare, according to Cambridge News.
Monday, August 18, 2014 — No Region Specified

Collaborative Fund, CircleUp Partner to Invest $4 Million in B Corps

Source: Wall Street Journal

New York City-based venture firm Collaborative Fund, and CircleUp, the fundraising platform for “anything but tech” startups, have partnered to invest $4 million into certified B Corps, said CircleUp co-founder Ryan Caldbeck.
Tuesday, August 12, 2014 — South Asia

How far off are drones in the delivery of rural care?

Source: Healthcare Dive

A Silicon Valley startup called Matternet is pioneering a pilot program that uses drones to connect rural care providers with major hospitals in Bhutan.
Thursday, July 31, 2014 — South Asia

How 500 Startups-backed SocialCops gets to the bottom of the pyramid with big data

Source: Tech in Asia

India, like most developing countries, struggles to bridge the gulf between authorities and the common man. Even the best of intentions come to naught when the benefits of welfare schemes don’t reach the people who need them the most — and those in high places can’t seem to figure out why.
Wednesday, July 30, 2014 — Sub-Saharan Africa

Top 20 African tech startups, PesaPal, mobile services providers in the lead

Source: Venture Capital Post

Africa today is said to be a mobile continent, according to CNN. As such, a lot of innovative startups concentrate on developing innovative products and systems for mobile applications.
Monday, July 28, 2014 — No Region Specified

Skoll Centre Venture Award winners: Tree-planting Quad-Copters and Farmers’ Transport Logistics

Source: Skoll Centre

Two new social ventures with founding teams from the University of Oxford have been chosen to receive this year’s Skoll Centre Venture Awards. The winners are Biocarbon Engineering, focusing on replanting one billion trees annually through the use of quad-copter technology, and Linkage, which aims to help smallholder farmers in Kenya to improve their selling practises and supply chain using an Uber-like logistics and transport system.
Wednesday, July 23, 2014 — No Region Specified

Next Big Thing You Missed: Bigger, Cheaper Fuel Cells Will Eliminate Power Outages

Source: Wired

General Electric has a bright idea for keeping the lights on even when the electrical grid short-circuits. The 122-year-old company wants to bring clean, reliable, affordable energy to the masses with hyper-efficient fuel cells , and in a rare move, is launching a startup to do it.
Wednesday, July 23, 2014 — South Asia

A new kind of no-frills bank could kickstart India’s long-awaited mobile money revolution

Source: Quartz

The Reserve Bank of India (RBI) is one of the few institutions Indians respect (paywall). India’s central bank is known for being clean, sensible, and well-run. It is also extremely cautious
Wednesday, July 16, 2014 — No Region Specified

Unrestricted Funding, Famous Alums Fuel Coveted Fellowship For Social Entrepreneurs

Source: Forbes

Echoing Green. If you’re apt in poetry or if you just Googled the name, you’d know it was the title of a poem by William Blake that begins with “The sun does arise, And make happy the skies.” That theme of embracing a better world translates to another Echoing Green — a nonprofit that empowers social entrepreneurs, in part by offering what have become prestigious fellowships.
Thursday, July 10, 2014 — South Asia

Social entrepreneur incubator launched in Taiwan

Source: Taiwan Today

A social entrepreneur incubation platform based on the U.K.’s UnLtd model was launched July 1 in Taiwan, according to program operator Social Enterprise Insights.
Tuesday, July 8, 2014 — South Asia

Impact Investing in India: Poised to Grow?

Source: CFA Institute

Impact investments are expected to increase globally this year, with South Asia and Southeast Asia among the top target regions, according to a recent survey by JPMorgan and Global Impact Investing Network (GIIN). This could bode well, in particular, for India’s nascent impact investment sector, which is one of the most active in the region.
Wednesday, July 2, 2014 — South Asia

Social entrepreneur incubator launched in Taiwan

Source: Taiwan Today

A social entrepreneur incubation platform based on the U.K.’s UnLtd model was launched July 1 in Taiwan, according to program operator Social Enterprise Insights.
Wednesday, June 25, 2014 — No Region Specified

Ours To Own Denver Campaign Launches at Clinton Global Initiative America

Source: PRWeb

Calvert Foundation and local partners announce the Ours To Own campaign, enabling Metro Denver residents to invest in their city.
Monday, June 23, 2014 — South Asia

Cisco Investments announces $40 million fund for early-stage firms in India

Source: Economic Times India

BANGALORE: Cisco Investments has set aside $40 million (Rs 240.9 crore) to invest in early stage Indian startups focused primarily on three verticals--connected mobility, big data and internet of things.
Thursday, June 19, 2014 — No Region Specified

Nurturing Startups Trying To Reduce Pollution From Plastic

Source: Forbes

The problem of plastic pollution is so vast, it deserves a business accelerator for startups focused only on reducing all that waste. Now there is one.
Thursday, June 19, 2014 — No Region Specified

Infuse Ventures, Intellecap Impact Investment Network invest Rs 3 crore in solar startup Surya Power

Source: The Economic Times

MUMBAI: Intellecap Impact Investment Network (I3N) andInfuse Ventures have invested $500,000, or Rs 3 crore, in Coimbatore-based solar-agriculture startup Surya PowerMagic.
Wednesday, June 11, 2014 — No Region Specified

Michael Dell And The UN Foundation Join Forces To Promote Entrepreneurship Around The World

Source: Fast CoExist

As the global advocate for entrepreneurship, the tech CEO will spread the gospel of the benefits of startup thinking into developing economies.
Thursday, June 5, 2014 — No Region Specified

Q&A: A Kenyan Startup That Has Bikers’ Back, Literally

Source: AFK Insider

What do you get when an electronics engineer, a certified accountant and an IT guru come together and decide to become social entrepreneurs? CladLight. At least that holds true for the CladLight’s trio founders that comprise brothers Charles and Joseph Muchene and friend Michael Gathogo.
Thursday, June 5, 2014 — No Region Specified

IAN launches new incubator for social start-ups

Source: LiveMint

The programme will be conducted in association with GIZ GmbH and the SIDBI
Wednesday, June 4, 2014 — No Region Specified

IAN partners SIDBI & Germany’s GIZ to launch incubation programme for social enterprises in India

Source: Techcircle.in

Indian Angel Network (IAN), a national network of angel investors that invests in startups and early-stage ventures, has launched an incubation programme to empower entrepreneurs in building sustainable and scalable businesses in the social impact space.
Friday, May 23, 2014 — No Region Specified

GrowthAfrica invests in five Kenyan agribusiness start-ups

Source: Press Release

Five Kenyan entrepreneurs receive 5,000 USD each to solve problems in the agriculture value chain. Nairobi- Kenya- 22nd May 2014: The Growth Hub; a Nairobi based high impact business accelerator is pleased to announce the five start-ups that have received 5,000USD in funding after a successful 16 week incubation program to develop a prototype, pilot and launch their innovation in the market.
Monday, May 19, 2014 — No Region Specified

Kenyan crowdfunding site touts investment for startups

Source: HumanIPO

Kenyan startup Tevat is set to launch a site allowing startups to raise money through crowdfunding by connecting them with investors both in Africa and the diaspora.
Friday, May 9, 2014 — No Region Specified

PRESS RELEASE: Accion Venture Lab Invests in RevolutionCredit

Source: Press Release

Accion, a pioneer and leader in financial inclusion, today announced an investment in the financial capability and behavioral-credit insight company RevolutionCredit, through Accion Venture Lab, a $10 million initiative dedicated to providing seed capital and management support to financial inclusion start-ups.
Friday, May 2, 2014 — South Asia

Harvard Startup Champion Focuses on India's Women

Source: CNN Money

Saathi, a social enterprise startup that provides low-cost sanitary napkins and jobs to women in rural India, took top honors at Harvard's New Venture Competition. Co-founder Amrita Siagal discusses the origins of the project and its path forward.
Thursday, May 1, 2014 — No Region Specified

Online Solar Marketplace Raises $1M In Equity Crowdfunding

Source: Forbes

Levine, a serial entrepreneur, raised $2 million in an angel round in 2011 and $14 million in a second round the next year.
Tuesday, April 22, 2014 — Sub-Saharan Africa

7 Incredible Health Tech Innovations Changing the Way South Africans Live

Source: Venture Burn

Nowhere is the need for more efficient, more accessible and generally more powerful tools as great as it is in Africa.
Monday, April 21, 2014 — No Region Specified

Why investors are pouring millions into crowdfunding

Source: Forbes

There is no shortage of evidence testifying to the value of crowdfunding for those seeking to finance a new product idea, company, or even personal need. Just this month, Kickstarter-born Oculus VR was snatched up by Facebook for $2 billion. Smartwatch-maker Pebble sold more than 400,000 of its crowdfunded smartwatches last year. And in March, Kickstarter surpassed $1 billion in pledges made.
Thursday, April 17, 2014 — Sub-Saharan Africa

In Developing World Healthcare Market, Low-tech is the New Cutting Edge

Source: Rapid Growth Media

The r(Evolve) Centrifuge, developed by CentriCycle, is a manual hand-crank blood centrifuge that can operate without electricity in rural areas, separating blood for quick and accurate diagnostic testing.
Tuesday, April 8, 2014 — Sub-Saharan Africa

Opinion: Richard Branson on World Health Day

Source: Virgin

This year’s World Health Day is focused on vector-borne diseases.
Friday, April 4, 2014 — No Region Specified

Investors warm up to start-ups with a cause

Source: Live Mint

To outsiders, Vindhya e-Infomedia Pvt. Ltd appears to be just another business process outsourcing (BPO) company. What sets the Bangalore-based company apart is the fact that 80% of its 500 employees comprise women below the poverty line and those with physical disabilities; some are blind, hearing-impaired or autistic.
Friday, April 4, 2014 — No Region Specified

How Ankur Capital is following a different path to impact investment

Source: VCCircle

In 2010, J.P. Morgan estimated the potential capital need for impact investments (targeting the part of the global population earning less than $3,000 a year), which drive not just social impact but also financial returns, to be $400 billion to $1,000 billion over the next 10 years. Fortunately, over the last 20 years, the number of specialised commercial funds in the impact investing space has risen 10 times. Capital committed to impact investing via private equity style active managers alone has risen from $4 billion to $12 billion over the same period.
Friday, April 4, 2014 — No Region Specified

Medtronic and partners are using mobile tech to screen thousands in India for ear infections

Source: MedCity News

In collaboration with a mobile health startup, a design firm and local health clinics, Medtronic is orchestrating a program aimed at improving diagnosis and treatment of ear infections and hearing loss in India, meanwhile supporting its ENT business there.
Thursday, April 3, 2014 — South Asia

Oxfam Vietnam Will Begin Investing in Social Enterprises

Source: Social Enterprise Buzz

Oxfam’s office in Vietnam has launched a new impact investing program to support social enterprises in the country.
Monday, March 31, 2014 — No Region Specified

mHealth startup Telemed secures venture capital from The African Group

Source: ventureburn

Telemed Medical Services is an Ethiopian startup responsible for the country’s popular mobile health and medical consultancy service, Hello Doctor, and has recently announced it’s raised funds from US-based VC group The Africa Group (TAG). The Ethiopian engineering consultancy that, among other things, specialises in mobile health consulting is giving up a 25% stake of Telemed and plans to further address a crucial demand for health-related service delivery.
Monday, March 31, 2014 — No Region Specified

Startup wants West Michigan devices to improve medical care in developing world

Source: MiBiz

Three young entrepreneurs want to leverage the strength of West Michigan’s medical device capabilities to commercialize new products that could help improve care in the developing world.
Tuesday, March 25, 2014 — No Region Specified

D-Lab Scale-Ups Fellowship Applications Open from MIT

Source: MIT News

Applications due April 9 for a 12-month program that provides $20,000 to develop sustainable social ventures
Tuesday, March 25, 2014 — North Africa and Near East

Computer Access for the Poorest at $7 a Head

Source: Times of Israel

Israeli start-up Keepod believes it has a low-cost way to bring the billions living in poverty into the digital age.
Monday, March 24, 2014 — No Region Specified

“Early-stage investments harder to make” says Omidyar Network’s Bannick

Source: Times of India

Omidyar Network, the Redwood City, California-based impact investment firm, will allocate $30 million this year across sectors as it looks to pick ventures that cater both to the bottom-of-the-pyramid population as well as the swelling aspirational class in India.
Thursday, March 20, 2014 — South Asia

Aavishkar Hopes to Close $75 M Frontier Fund, Take Impact Investing Model Beyond India

Source: Business Standard

Set to take its impact investing model to Indonesia, Sri Lanka, Myanmar, Bangladesh and Pakistan
Wednesday, March 19, 2014 — No Region Specified

Can this tiny startup be the definitive lender for the world's emerging middle class?

Source: CNN Money

A big challenge for people in an emerging middle class who are struggling to find avenues to credit is that they rarely have formal credit histories. They do, however, have social networks -- rich communities of family members and friends who can vouch for their character and credibility. And increasingly, as smartphones open up the Internet's opportunities to growing numbers of people, they have online social networks that mirror their communities.
Tuesday, March 18, 2014 — No Region Specified

Is Equity Crowdfunding The Key To More International Startup Hubs?

Source: Forbes

Is crowdfunding the secret to creating more Silicon Valley-like tech hubs around the world? Crowdfunder CEO Chance Barnett argues yes.
Friday, March 7, 2014 — Asia Pacific

Mobile Movies Is A Novel Way Of Collecting Data In Off-The-Grid Areas

Source: Tech Crunch

In the late 1960s, the British Ministry of Technology turned buses into mobile cinemas that toured the country and screened films promoting modern production techniques. Half a century later, a Singapore-based startup is reviving the concept to reach rural communities throughout Southeast Asia.
Friday, February 28, 2014 — South Asia

Ankur Capital bets on real India, invests in three early-stage rural ventures

Source: Economic Times

NEW DELHI: Impact investment fund, Ankur Capital, has invested in three early-stage ventures that focus on rural markets.
Friday, August 16, 2013 — North Africa and Near East

What you need to know about the Middle East’s new social entrepreneurs

Source: Devex

Many things amazed me in my travels across the growing tech startup ecosystem in the Middle East over the past two tumultuous years.
Wednesday, August 14, 2013 — No Region Specified

Gates Foundation Lures Biotech VC to Work on Global Health Startups

Source: Xconomy

The Bill and Melinda Gates Foundation has people with big Rolodexes that extend into high levels of government, philanthropy, public health, and Big Pharma. Now the organization has hired someone to open doors to biotech entrepreneurs and venture capitalists.
Friday, July 26, 2013 — South Asia

IIM Calcutta setting up incubator for BoP startups

Source: Techcircle.in

Startup incubators and accelerators have been cropping up across the country in the recent times (which is good news for the domestic startup ecosystem). Now Indian Institute of Management (IIM) Calcutta is planning to set up an incubation centre which will focus on social enterprises addressing the problems of people living at the bottom of the pyramid.
Monday, July 15, 2013 — No Region Specified

Eye on Emerging Markets, Firm Invests in Start-Up

Source: The New York Times

As the world awaited the next pope in March, Peter Bale, the vice president and general manager for digital at CNN International in London, wanted to know how Africans would react if the pope were from their continent. Instead of commissioning telephone pollsters or gleaning insights from social media, Mr. Bale used a mobile platform called Jana, which rewards users with free airtime if they take a survey.
Wednesday, July 10, 2013 — Asia Pacific

Beijing’s Great Leap Forward

Source: MIT Technology Review

One man, Kai-Fu Lee, did more than anyone else to turn the Chinese capital into a technology powerhouse.
Friday, June 14, 2013 — South Asia

Yourstory Buys Social Entrepreneurship Platform - ThinkChange India

Source: Deal Curry

YourStory.in, the media platform covering startups and early stage deals, has acquired social enterprise platform ThinkChange India.
Friday, May 31, 2013 — Sub-Saharan Africa

Selling Solar Panels on the Installment Plan in Africa

Source: Bloomberg Businessweek

Some solar startups are addressing the problem with creative financing models.
Thursday, May 30, 2013 — No Region Specified

Maternal Health Startup Makes History As First 'Do-It-Yourself' Benefit Corporation In Michigan

Source: Forbes

A Michigan startup company founded by University of Michigan students has made legal history by becoming the first “do-it-yourself” benefit corporation in the state. Deborah Burand, a law professor at the University of Michigan and co-founder of the International Transactions Clinic (ITC), reports.
Tuesday, April 9, 2013 — South Asia

The “Technology for Impact Accelerator” announces the first batch of 16 startups

Source: Your Story

“Technology for Impact Accelerator” program for business creating social impact is an initiative by CIIE- IIM Ahmedabad and Village Capital. As a part of the first batch, 16 startups have been selected.
Thursday, January 3, 2013 — South Asia

Unitus Seed Fund lands $8 Million for BoP Startups from Leading Early-stage Investors

Source: Press Release

Investment includes backing of Vinod Khosla, Mohandas Pai, Mike Murray and others
Monday, November 5, 2012 — South Asia

Can the 'American Dream' be reversed in India?

Source: BBC

America's Silicon Valley has always been a hub for some of the brightest and best Indian immigrants to start businesses. Now, in a reversal, more people from the US are moving to the sub-continent with their ideas.
Friday, September 28, 2012 — Europe & Eurasia

Deutsche Bank Announces Essential Capital Fund at 2012 Clinton Global Initiative Annual Meeting

Source: Daily Finance

NEW YORK--(BUSINESS WIRE)-- Deutsche Bank announced its Commitment to Action at the Clinton Global Initiative (CGI) Annual Meeting. The commitment was to the structuring of the Essential Capital Fund (the "Fund") which defines an innovative approach to providing early stage high risk money to support the impact investing sector.
Wednesday, August 29, 2012 — No Region Specified

DemystData Announces Series A Investment to Help Financial Institutions Grow Through Deeper Customer Data

Source: PR Web

Strategic investment from Accion and Arbor Partners Asia strengthens DemystData's position in the $12 billion big data marketplace.
Monday, August 27, 2012 — Sub-Saharan Africa

Innovation in Africa: Upwardly mobile

Source: The Economist

VISITORS to Kenya’s capital are often horrified by the homicidal minibuses called matatu. They swerve around potholes, seldom signal and use their iffy brakes only at the last second. They are therefore an ideal subject for a video game, which is why Planet Rackus, a Nairobi start-up, released “Ma3Racer” last year. Each player uses his mobile phone to steer a matatu down the street. The (unrealistic) goal is to avoid pedestrians. Within a month, a quarter of a million people in 169 countries had downloaded the game.
Wednesday, August 22, 2012 — South Asia

Start-ups like InVenture flourish with technology services for micro finance firms

Source: The Economic Times

BANGALORE: A new wave of start-up companies is building technology enabled services aimed at bridging the communication gap between borrowers and lenders in the embattled microfinance industry.
Tuesday, August 7, 2012 — Latin America

A Look Inside Pipa, Brazil’s First Start-Up Incubator

Source: Fast Company

Pipa (Portuguese for “kite”) is an incubator, or to be more specific an accelerator, focused on supporting entrepreneurs looking to create long-term sustainable value through business. We aim to support these entrepreneurs in their quest to create positive social, environmental and financial impact, something Brazil is engaging with more and more.
Monday, August 6, 2012 — South Asia

Ideas man: professor in quest for India's rural inventions

Source: Hindustan Times

t's 43 degrees Celsius, and Prof. Anil Gupta has been hiking the scorched plains of central India for hours. But he smiles widely as he enters a tiny village in search of another unsung genius. "If you have any new ideas or you have any new inventions, I'm here to promote you," he tells farmers squatting beside a dusty roadside shrine to Lord Shiva.
Thursday, August 2, 2012 — No Region Specified

74 Million Served, and Counting: 10th Annual Class of Global Social Entrepreneurs Coming to Silicon Valley

Source: Market Watch

SANTA CLARA, Calif., Aug 02, 2012 (BUSINESS WIRE) -- Anuj Sharma's startup company, Sarvajal, has found a way to bring clean water to thousands of households in rural India, who would otherwise have to walk miles or drink disease-causing dirty water. Sarvajal dispenses water from solar-powered, ATM-like machines. Customers pay around $3 a month with their cell phones, and special mobile technology alerts the company if there are problems with any of its 157 franchised machines.
Friday, July 27, 2012 — Sub-Saharan Africa

Ethiopian shoemaker takes great strides

Source: BBC

Eight years ago Ethiopia's Bethlehem Tilahun Alemu decided to sell cool colourful shoes made of recycled materials, including car tyres.
Wednesday, April 11, 2012 — North Africa and Near East

Microfinance Giant Launches Venture Capital Fund For East Africa

Source: Forbes

Accion, an international microfinance and investment firm, has launched Venture Lab, a $10 million investment vehicle which will provide seed capital and management support to financial inclusion startups worldwide, with a particular focus on East Africa and India.
Friday, April 6, 2012 — No Region Specified

Men Start Businesses for the Money: Women for the Social Value

Source: ScienceDaily

A study of the sexes reveals that when it comes to starting a business, women are more likely than men to consider individual responsibility and use business as a vehicle for social and environmental change.
Tuesday, April 3, 2012 — No Region Specified

Accion Launches Venture Lab, a Seed-Stage Investment Initiative for Financial Inclusion Start-ups

Source: Press Release

Accion, a pioneer and leader in global microfinance, today announced the launch of Venture Lab, an initiative dedicated to providing seed capital and management support to financial inclusion start-ups worldwide. The $10 million program will seek out companies that have completed research and development and are at the pilot/first-revenue stage. Investments will typically be in the range of US $100,000-$300,000, invested either as convertible debt or equity.
Monday, March 19, 2012 — South Asia

Start-ups to be Taxed on Funds from Angel Investors

Source: livemint.com

Start-ups raising money from angel investors will have to pay income tax from April on the funds they receive after the national budget on Friday proposed to treat the capital received as income from other sources, if the consideration received for issue of shares exceeds the face value of such shares.
Friday, February 17, 2012 — Sub-Saharan Africa

The Quiet Revolution in Social Impact

Source: PandoDaily

There are currently 30 million African migrants who have left their home countries to find work elsewhere. They support more than 300 million people in their home countries, remitting essential food and goods, and in aggregate represent more than $10b in annual economic activity. This is an economy without an infrastructure, however, relying on informal channels and bribes to function. South African entrepreneur Suzana Moreira is working to change that. Her startup moWozauses SMS to help African migrants order, pay for, and select a place for parcel pickup.
Wednesday, June 29, 2011 — Sub-Saharan Africa

How Africa Can Extract Big Benefits for Everyone from Natural Resources

Source: Guardian.co.uk

As the Natural Resource Charter holds its third annual workshop at the University Oxford, in the UK, this week, the combination of rising commodity prices and falling costs of communication technology presents Africa with an unprecedented opportunity to reduce poverty and fight corruption at the same time. T...
TAGS:startup
  • Managing Partners

    William Davidson Institute
  • Sponsoring Partner

    Citi Foundation
  • Content Partners

    IADB
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