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Using Mobile Technology to Fight Disease: Three Tips for Social Startups in the Developing World
In a world where nearly half of the population is too poor to access essential health services, preventable diseases still claim countless lives. Malaria alone is responsible for over 1 million deaths each year, and sickle cell disease also affects millions across the globe. But these diseases can be significantly helped with early diagnosis and cost-effective treatments, says Hemex Health co-founder Patti White. She explores the innovative technology Hemex has developed to address this issue – and highlights three elements of its approach that can help other social enterprises gain traction in the crowded startup space.
- Categories
- Health Care, Social Enterprise
- Tags
- startups
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How to Build an Impact Industry: Four Strategies from the Global Alliance for Clean Cookstoves
Almost 3 billion people worldwide cook with materials that are inefficient, unsustainable and polluting. Since 2010, the Global Alliance for Clean Cookstoves has sought to make clean stoves and fuels commonplace across the developing world, by building an industry that could deliver this vision. Colm Fay and Ted London at the William Davidson Institute share insights from the Alliance's efforts to catalyze this new industry, breaking down four key stages of acceleration and their lessons for other impact-based accelerators.
- Categories
- Energy, Social Enterprise
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Looking for Funds in All the Wrong Places: The Single Biggest Thing Social Entrepreneurs Misunderstand About Investors
Social entrepreneurs often feel like they have to compromise or downplay their missions in order to appeal to profit-hungry investors. But that's not the case, says investment consultant Jenny Kassan, as investors don't always fit the stereotype of a "middle-aged white man in a suit" seeking a fast, lucrative exit. She explores a vast, under-recognized source of investment capital that entrepreneurs can tap – one that actually prefers businesses with a social focus.
- Categories
- Investing, Social Enterprise
- Tags
- impact investing
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Refrigeration Off the Grid: An Innovative Solution to Food Spoilage for the Billions Without Electricity
Home refrigerators, essential appliances in much of the world, remain out of reach to over one billion people who, as social entrepreneur Quang Truong puts it, must plan their lives around eating rather than vice versa. Without access to reliable grid energy, families are not just inconvenienced – they’re also contributing to climate change as their rotting foods emit greenhouse gasses. In this post, part of our “Offline Innovation” series, Truong puts the spotlight on his Fenik Yuma cooler, which solves this dilemma through low-tech evaporative cooling.
- Categories
- Energy, Social Enterprise, Technology
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Your Official SOCAP18 Conference Preview – And Last Chance Discount
SOCAP, one of the premier events centered on mobilizing capital for impactful social and environmental change, is right around the corner. Set for Oct. 23-26, 2018 in San Francisco, SOCAP18 is expected to draw thousands of participants and will feature over 500 speakers from the professional impact sphere. In a preview of what's on tap, SOCAP CEO Lindsay Smalling has details on the discussions, a reconfigured format and a special last chance discount for NextBillion readers. And NextBillion will be giving away a FREE ticket to the event to one lucky reader of our weekly e-newsletter next week - subscribe by 12:00 pm EDT Wednesday, Sept. 19 for your chance to win!
- Categories
- Investing, Social Enterprise
- Tags
- impact investing
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India’s Impact Capital Vacuum – And What to Do About It
Impact investments in India grew by double digits between 2010 and 2016, and are expected to reach US $8 billion by 2025. But the on-the-ground reality is not so rosy. Investors are flocking to financial services and larger-scale companies, while early-stage enterprises and impact sectors such as agriculture, health care and clean energy face a funding gap. While there is no secret sauce for changing this dynamic, Gagandeep Bakshi and Sameer Gaud at Intellecap offer five guiding principles to help social enterprises with successful fundraising.
- Categories
- Investing, Social Enterprise
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Collaboration for Impact: The 2018 Edition of SEEP’s Annual Conference
The SEEP Network's flagship event is less than a month away. The theme of this year's conference, "Collaboration for Impact," will highlight the importance of multi-sector changemaking and empower attendees with the insights needed to take their impact to the next level. The event will feature informative breakout sessions and prominent contributing orgs like Grameen Foundation, USAID and BRAC. Read more in this preview from SEEP program associate Mashal Amjad, including information on how you could win a free ticket from NextBillion.
- Categories
- Social Enterprise
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Fighting ‘Tech Complacency’ in Social Enterprise: Why it’s Time to Embrace Blockchain
All around us, Fortune 500 firms and VCs are embracing disruptive innovation – so why aren't more social entrepreneurs following suit? Gautam Ivatury, founder and CEO of LendLedger, says the time has come for the social sector to take some risks and get out of its comfort zone – instead of simply waiting for technologies to filter down to its target beneficiaries. With blockchain, he says, social entrepreneurs "can redraw how industries work, not just create the latest in an endless series of mission-driven service providers."
- Categories
- Finance, Social Enterprise, Technology
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