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Growth on Your Own Terms: Three Tips for Scaling Your Social Enterprise – Without Selling Your Soul to Investors
Every development-focused organization faces the challenges of funding, but the issue is especially acute for social entrepreneurs seeking to scale. Funding an expansion often means incorporating the opinions and vision of investors – some of whom may not be aligned with the enterprise’s mission or business plan. Sam Alhadeff at Finding Impact shares some essential advice on how to acquire funding that lets you scale without selling out, based on conversations with several prominent social entrepreneurs.
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- Social Enterprise
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A Decade in, Why the Pay-As-You-Go Solar Sector is Maturing and Brightening
This month marks nine years since Jesse Moore and Nick Hughes first sketched out a plan for M-KOPA - one of the early leaders in the pay-as-you-go (PAYG) solar market. Since then, M-KOPA has installed PAYG solar systems in over 750,000 African homes, and now receives over 30 million customer micropayments per year, writes Moore. He estimates that PAYG solar will soon reach over 10 million customers and surpass a billion dollars in cumulative revenue – but he cautions that the industry should gird itself for a wave of consolidation as it embarks on its second decade.
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- Energy, Technology
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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.
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- Investing
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Pitch Perfect: Five Tips for Designing Effective Business Pitch Competitions for International Entrepreneurs
The television show “Shark Tank,” in which entrepreneurs pitch their ideas to a panel of potential investors, has brought the pitch concept into popular culture. But in many emerging economies, not everybody is familiar with pitching. The William Davidson Institute's Amy Gillett and Kristin Babbie Kelterborn provide some lessons to help global entrepreneurship development leaders organize effective pitch competitions. Among their tips: Consider a more encouraging "dolphin tank" approach instead of a cut-throat shark tank, and work to leverage local entrepreneurial customs.
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- Education
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Why Women Should Not ‘Invest Everywhere’: The Trouble with Gender-Blind Investing
As an impact investor interested in gender equity, Pique Venture CEO Bonnie Foley-Wong recently shared a call to action on LinkedIn encouraging investors to focus more money and attention on women-managed funds. She soon faced some pushback from a male impact investor, saying that women shouldn’t just invest in other women, they should invest everywhere. She explains why that advice is not as simple as it sounds.
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- Investing
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Why Data Ownership is a Bridge Across Digital Divides
Emerging markets have traditionally experienced “data poverty” – data that is inaccessible, and poorly captured, controlled and distributed. But big data sources are now serving as proxies for all kinds of information – on everything from GDP and growth to demographics and poverty. This represents a big opportunity for emerging markets to leapfrog the technical limitations faced by developed economies, writes Gavin Heaton of the company Hu-manity.co. He sees a day when lower-income citizens have the opportunity to profit from their data, rather than being subjugated by it.
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- Technology
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Taking the ‘Green Leap’: How Linking BoP Business and Clean Tech Can Build an Inclusive Economy
In this era of environmental degradation and climate change, aiming to eradicate poverty before addressing the environment will simply not work. The challenge of our time, say Stuart Hart and Fernando Casado Cañeque, is to figure out how to commercialize new clean technologies, while extending the economic benefits to vulnerable communities – what they term a global “green leap.” They discuss this challenge in their new book, and share some key takeaways here. (NextBillion will be giving away a free chapter of the book in our e-newsletter, NextBillion Notes, all month.)
- Categories
- Energy, Environment
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Why are Investments Surging in Off-Grid Energy? A Q&A with Wood Mackenzie’s Benjamin Attia
In partnership with Energy 4 Impact, Wood Mackenzie recently released "Strategic Investments in Off-grid Energy Access: Scaling the Utility of the Future at the Last Mile." Among its many headlines, the research found that total annual investment in the off-grid energy access sector surpassed $500 million in 2018 for the first time. To find out what's fueling it and what it means for the millions living off the power grid, we spoke with Benjamin Attia, a research analyst at Wood Mackenzie Power & Renewables and an African solar PV markets expert.
