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On the Ground at SOCAP19: Live Interviews and Insights from the Social Impact Sector’s Flagship Event
NextBillion’s editors are on the ground at SOCAP19, live-tweeting from panels, conducting live interviews, and providing coverage of key conversations and innovators. We’ll be updating this blog regularly from Wednesday to Friday. Also, we’ll be broadcasting live Q&As with thought leaders in social impact from 11:00 am – 12:00 pm PST on Wednesday, and 2:00 – 3:00 pm PST on Thursday. You can view them live at NextBillion’s Facebook page, and we’ll embed the videos here after they’re over.
- Categories
- Investing, Social Enterprise
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Announcing the New(ish) NextBillion: How – and Why – We’ve Updated the Site
NextBillion is announcing several small but important changes to our site's design and content, aimed at making the platform more intuitive for readers to navigate – and easier for guest writers, potential partners and others to utilize. We explain the changes, and the reasoning behind them, in this article.
- Categories
- Social Enterprise
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In Remembrance of Pro-Poor Business Pioneer Paul Polak: 1933-2019
Paul Polak, a pioneer of pro-poor technologies and social impact-focused business, passed away peacefully over the weekend, surrounded by his family. A true "serial entrepreneur" since long before that term became popular, Polak founded numerous organizations and businesses aimed at alleviating poverty – and he served as a source of wisdom, inspiration and humor for the social business sector for decades. He will be greatly missed.
- Categories
- Social Enterprise
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The Stories That Change Our World: How Narrative Fiction Can Take the Development Sector to Greater Social Impact
Women's empowerment programs can play a critical role in improving lives and building local economies. But their impact will be limited unless there are changes in the social norms that perpetuate traditional gender roles. According to social impact producer Lara Storm, that's where narrative fiction can help. She explores how effective storytelling – from radio programs to soap operas – is being used to raise awareness around social issues and foster lasting change.
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- Finance
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A Watershed Moment in Impact Investing: The ‘Ninth Principle’ Shifts the Focus Beyond Good Intentions
In 2014, the G8 Social Impact Investment Taskforce laid out recommendations for the development of the impact investing market, in what Tideline managing partner Ben Thornley calls a "watershed moment" for the sector. Now, he says, that vision is becoming a reality, thanks in part to the launch of the IFC’s Operating Principles for Impact Management. He explores the importance of these principles – and why the ninth principle "is the real game-changer."
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- Impact Assessment, Investing
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Storytelling as a Strategy: What Entrepreneurs Can Gain from Crafting a Compelling Narrative
As Steven Spielberg once said, cinema’s power of persuasion is shown by getting “everybody to clap at the same time.” Likewise, successful entrepreneurs must also tell stories with persuasion and purpose, says Ami Dalal at FINCA Ventures. She explores how effective storytelling can help an enterprise build its brand and attract investors, customers and talent, and shares two essential approaches to help early-stage companies craft compelling narratives.
- Categories
- Energy, Investing, Social Enterprise, WASH
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Courage, Optimism, Defiance: Impact Investment Exchange Founder Durreen Shahnaz Discusses her Journey of Empowerment
Growing up in Bangladesh, Impact Investment Exchange (IIX) Founder Durreen Shahnaz tended to rebel against tradition, preferring boys’ clothes to saris, and exploring the streets on her bike rather than staying indoors. Yet she never rebelled against her family's core focus on charity. Her long and distinguished career in social business and investing has been defined both by her maverick spirit and by her humanitarian values. NextBillion caught up with Shahnaz to discuss her inspiring story and IIX's ongoing work, as the company celebrates its tenth anniversary.
- Categories
- Investing
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Building an Ecosystem to Save an Ecosystem: How Facilitating Climate Finance for MSMEs Can Fight Global Climate Change
Climate finance has become a buzzword for micro, small and medium enterprises (MSMEs) working on climate solutions. But with the unique challenges these enterprises face, it has become increasingly clear that the global development community will need to reimagine the entire ecosystem in order to get them the funding they need. Santosh Kumar Singh and Ankit Gupta at Intellecap discuss the obstacles to climate finance for MSMEs, and how best to overcome them.
- Categories
- Environment, Investing