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With Few Resources, Cuba’s Resourceful Entrepreneurs Find a Way
There are some 500,000 entrepreneurs today in Cuba, up from 150,000 in 2010. President Raúl Castro has called the huge state sector “bloated” and has declared private business a key part of Cuba’s new economic model. In May, the communist government passed legislation allowing small businesses to become legal entities, thus making the private sector official. Previously, entrepreneurs were classified as “self-employed.” But when we visited there in May we found that, despite resource constraints, entrepreneurship is booming in Cuba.
- Categories
- Social Enterprise
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(Reinvented) Weekly Roundup: Cashless Betting, Good Pod, Beautiful Resolve
NextBillion is changing the format of our Weekly Roundup. Rather than more lengthy, editor-written analysis of weekly events, on Fridays we’ll curate a number of news articles, announcements, tweets, videos and other media that captured our attention over the course of the week.
- Categories
- Social Enterprise
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Creating a Less Taxing Climate for Off-Grid Solar Energy
As countries are seeing the huge power and potential of decentralized renewables – such as off-grid solar – to combat energy poverty, taxes and tariffs on quality distributed energy products are no longer certain at all, and the trend looks set to continue.
- Categories
- Energy, Environment, Technology
- Tags
- off-grid energy, solar
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5 Trends Accelerating the Acceptance of STEM Professionals in Sustainable Development
STEM innovation has led to many of the biggest social impacts in recent human history: chlorinated drinking water, oral re-hydration therapy, solar energy, and many more that we often overlook or underestimate. Fortunately, as STEM professionals forge their way in the social innovation space, there are five major trends accelerating their acceptance as sustainable development practitioners.
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- Health Care, Social Enterprise, Technology
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Upending Conventional Wisdom with Bottom-Up Innovation
To accelerate the democratization of affordable and robust internet access, Microsoft this week announced 12 new partnerships with social enterprises. Paul Garnett, Director of Affordable Access Initiatives at Microsoft, writes that the partnerships will support market-based innovation through seed grants, a network of peers, mentors and resources, and commercial partnerships, in addition to engaging the communities in which they work.
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- Social Enterprise, Technology
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NexThought Monday: Fending Off ‘Pilotitis’ in Global Tech
In 2008, as many as 80 NGOs were testing consumer-facing mobile health (mHealth) programs in Uganda - all at once. But none of the pilots were scalable, interoperable, or meaningfully coordinated. Uganda is far from alone. A World Bank study in 2013 found nearly 500 disparate mHealth programs being implemented around the world – particularly in sub-Saharan Africa and Asia – without evidence of scaling or integration. A preventive treatment of sorts has arrived to help organizations address these "technology for development" problems: The Principles for Digital Development.
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- Impact Assessment, Technology
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Feeding the Future of Aquaculture – One Insect at a Time
Kenya’s aquaculture industry is booming, growing at 10 percent a year. But overfishing and a lack of sustainable fish feed is holding back industry growth and profits for farmers. For Kulisha, a social enterprise founded by university students in business and environmental science, the solution is a little black fly.
- Categories
- Agriculture, Environment, Social Enterprise
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NexThought Monday – Seeking Scale: The Unexplored Power of Standardized Tools and Customized Implementation
Ted London has been working in the base of the pyramid domain since 1989. During that time, he's engaged with many hundreds of entrepreneurs and business leaders seeking to develop and launch enterprises in BoP markets. He's seen several success and many failures. It lead him to develop the Partnership Ecosystem Framework, a tool that helps prepare the enterprise for building the cross-organizational collaborations needed for sustainability at scale.
- Categories
- Education, Impact Assessment
