Europe & Eurasia.

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  • American Expat Helps Hong Kong Startups Find Footing

    The Hong Kong social enterprise scene is just getting going --and so is the startup movement. A cofounder of StartupsHK and BootHK , Jonathan Buford, tells Fast Company that it all comes down to one word: community . With the lure of the safety and comforts that come with a hi...

    Source
    Fast Company (link opens in a new window)
    Region
    Europe & Eurasia
    Tags
    consumer products
  • Bridges Fund Tops ?11.75m with JP Morgan Investment

    A fund for social entrepreneurs run by Bridges Venture has topped £11.75m following a £2.75m investment from JP Morgan. The sustainable growth investor’s Bridges Social Entrepreneurs Fund opened in 2009 to address the funding gap faced by fast-growing social enterprises. Its first £9m was funded by the Office for Civil Society, Nesta, R&S Cohen Foundation, Deutsche Bank, the Esmée Fairbairn Foundation and others. The Bridges Ventures team has also alloca...

    Source
    Socialenterpriselive.com (link opens in a new window)
    Region
    Europe & Eurasia
  • Local ?Bridge-Maker? Turns Up at Davos

    Shawn Ahmed is tweeting gleefully about the white all-access badge he’s been handed at the World Economic Forum annual meeting in Davos, Switzerland, where politicians and CEOs are meeting this week to try to solve some of the world’s biggest problems. The 29-year-old Canadian landed a coveted seat representing the YouTube community after winning an international online competition called the Davos Debates. It’s a coup for a guy from Richmond Hill who ditched a graduat...

    Source
    thestar.com (link opens in a new window)
    Categories
    Entrepreneurship
    Region
    Europe & Eurasia
    Tags
    consumer products, impact investing
  • Re-emerging Poor a Target for Some Retailers

    BELGRADE (Reuters) - As recession squeezes the fledgling middle classes of emerging economies, special shops for the poor are seizing the opportunities. Slovenia and Serbia are among countries opening "SOS" shops that allow custom only from those officially registered as poor, who need special cards to access them. "We see this effort as a new retail concept," Trade Minister Slobodan Milosavljevic said at a ceremony in March to open the first SOS shop, a whitewashed old house with...

    Source
    Reuters (link opens in a new window)
    Region
    Europe & Eurasia
  • Travel-Blogue Day 6: Muhammad Yunus? Next Big Thing

    The way Noble Peace Prize winner Muhammad Yunus sees it, the micro-credit revolution is running its course in his home country of Bangladesh. Between his Grameen Bank and other NGOs, which together make Bangladesh the most heavily micro-credit-enabled place on earth, he estimates that about 80% of the poor families that might want to participate are being served already. His goal is for Grameen to help finish the job by 2012. What’s next? Health care. This is the biggest ...

    Source
    Business Week Blog (link opens in a new window)
    Region
    Europe & Eurasia
  • Migrant workers sending money home has become the biggest source of foreign income in some poor European countries, the World Bank has said. In a report on European and Central Asian (ECA) nations, the bank said that remittances sometimes beat foreign investment aid and exports in size. Officially recorded payments in the region - which includes former Soviet states - were over $19bn (?9.67bn). The largest amount of remittances, as a share of GDP, were sent to...

    Source
    BBC (link opens in a new window)
    Region
    Europe & Eurasia
  • EBRD signs first Mongolia project, microfinance loan

    The European Bank for Reconstruction and Development (EBRD) signed its first project in Mongolia on Wednesday, a $5 million loan to XacBank, which specialises in microfinance. The funds will be lent on to small and micro-businesses throughout the country. XacBank, licensed four and a half years ago, offers loans ranging in size from $27 to $150,000, according to its Web site (www.xacbank.org). Continue reading ...

    Source
    Yahoo! Asia News (link opens in a new window)
    Region
    Europe & Eurasia
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