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Malaysian Social Enterprise Teaches the Needy How to Be Entrepreneurs Despite COVID-19 Pandemic
PSC is a Malaysian social enterprise that aims to equalise financial capacity for marginalised communities, with the hopes of enabling them to have better livelihoods and teams up with welfare departments and NGOs to identify participants.
- Categories
- Coronavirus
- Region
- Asia Pacific
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Revenue Over Rounds: Why We Should Encourage Entrepreneurs to Focus on Revenue Before Fundraising
Before the fallout from coronavirus, 2019 was a banner year for startup investment in Latin America. But Daniel Cossio at Village Capital cautions that Silicon Valley-levels of funding could incentivize startups to scale too big, too fast — leading to high-profile failures. He urges investors and entrepreneurs to resist the growth-at-all costs mentality and come up with an alternative definition of startup success.
- Categories
- Investing, Social Enterprise
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Jack Ma Foundation Searches for Africa’s Business Heroes
Initiative aims to allocate US$100m in grant funding, training programmes and support to develop an entrepreneurial ecosystem.
- Region
- Sub-Saharan Africa
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Frontier Innovators: A New Roadmap for Social Impact
In recent years, there have been growing calls for businesses to focus more on their social impact. Until recently, Silicon Valley had been held up as the paragon of high-impact business models, but its star has dimmed. Social enterprise has long offered an exciting alternative, but the movement isn’t scaling. Now, a new model is emerging, driven by innovators from lesser-known places, explains Alex Lazarow, venture capitalist and author of the new book: "Out-Innovate: How Global Entrepreneurs – from Delhi to Detroit – Are Rewriting the Rules of Silicon Valley."
- Categories
- Social Enterprise
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Halting Human Contact: How Social Enterprises Are Rethinking Their Business Models During COVID-19
Lockdowns across the world. Social distancing, isolation and quarantine commonplace. What does that mean for social enterprises that usually work directly with vulnerable people and rely on face-to-face communication? We spoke to social entrepreneurs in the UK, Turkey and South Africa to find out how they're taking on the challenge.
- Categories
- Uncategorized
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From the Fringe to the Center: Assessing the State of the Off-Grid Appliance Market in 2020
Energy access is about much more than connecting households to the grid, or getting them a rooftop solar panel. People also need access to life-changing appliances. But as Jenny Corry Smith at CLASP and Michael Tsan at Dalberg Advisors explain, these appliances still aren't reaching many households in rural sub-Saharan Africa. They share key insights from the new State of the Off-grid Appliance Market Report on how the sector can address this growing priority.
- Categories
- Energy
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Mobile Money Providers Score a Major Win – But Are They at Risk of Losing it All?
According to the GSMA’s recently launched 2019 State of the Industry report, mobile money achieved some major milestones last year: There are now more than 1 billion accounts, and for the first time, the majority of transaction values are digital. But according to Arunjay Katakam, mobile money providers will soon face a new challenge that could upend their industry, as internet-based "over-the-top" payments providers are poised to transform the competitive landscape.
- Categories
- Finance, Technology
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How the Coronavirus Pandemic Will Affect Venture Capital Dealmaking
Businesses need to adapt and continue both during the current crisis and to prepare for the eventual upturn once the situation improves. This includes raising capital through venture capital funding.
- Categories
- Coronavirus