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Making Hardware Easier: ASME ISHOW Helps Expand Social Impact of ‘Frugal Technologies’
There are few resources to help “frugal technologies” and their makers succeed. That’s the problem that ISHOW, the American Society of Mechanical Engineers' innovation showcase, tries to solve. The competition draws on ASME’s network of engineers, industrial designers, product specialists and diligence and standards experts, as well as venture capitalists and business specialists, all of whom are keen to see hardware innovation achieve a new level of positive impact.
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- Social Enterprise, Technology
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Want to Boost Financial Inclusion? Pay Interest on Mobile Money
E-money has been the principal means of increasing access to financial inclusion. Yet most accounts in emerging markets are used only to receive government payments that are then quickly withdrawn as cash. Ross P. Buckley, Louise Malady and Cheng-Yun Tsang say that one way to tackle this problem, and to promote financial inclusion, is to pay interest on e-money.
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- Uncategorized
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Responsible Finance: Moving Money from Mattresses to Mobiles
Technology has made it possible for lower-income people living in developing countries to access financial services that were previously beyond their reach. FINCA Impact Finance CEO Andrée Simon says her firm's new smartphone app, SimSim, which recently emerged from its pilot phase and already has 35,000 users, strikes a balance between the personal touch and modern fintech automation.
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- Finance, Technology
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Rethinking the Flush Toilet: It’s Time to Move Sanitation Infrastructure Off the Grid
Virginia Gardiner, inventor of the Loowatt toilet system, says sanitation infrastructure has to move off the grid, just as mobile communications did in the 20th century. She points to a growing number of companies, including her own, that are piloting the provision of non-sewered sanitation to households thorough container-based sanitation, a system that presents the most viable alternative for urban areas in need of sanitation solutions.
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- Environment, Health Care, Social Enterprise, WASH
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Fear of a Jobless Planet: Can Entrepreneurship Counter the Coming AI Employment Crisis?
Imagine a future where robots are capable of doing just about everything under the sun, rendering countless professions across practically every industry obsolete. The first part of that dystopian vision has already come to pass. The second part hasn't, but could well be coming. What might be the solution? According to what we learned in July – entrepreneurship month at NB – it might fall on small businesses to answer the challenge.
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- Social Enterprise, Technology
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New Editor Joins NextBillion Team
Sonya Vann DeLoach has joined our staff as associate editor of NextBillion. Vann DeLoach is an award-winning journalist who for more than a decade was a copy editor for the Detroit Free Press, where she collaborated with reporters and editors on front-page, business and feature stories for both web and print editions of the newspaper. We welcome her to the NextBillion team!
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- Uncategorized
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Runaway Trains of Thought: How Boosting Cognitive Bandwidth Can Fight Poverty
Cognitive bandwidth allows humans to reason, focus and resist impulses – and unfortunately, we have only a limited amount of it. Everyone struggles to make decisions when they run low on cognitive bandwidth, but the added stress of poverty consumes more of it. Creating simple ways to free this bandwidth, whether through money or time, can elevate helpful anti-poverty programs into transformative ones, according to ideas42.
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- Health Care
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Five Keys to Raising Social Enterprises’ ‘Talent Quotient’
Working toward social impact is a people business, but many organizations and enterprises struggle to find the time and resources to support the people who work for them. Nicole Etchart, co-founder and co-CEO of impact investing firm NESsT, offers leaders of social enterprises a guide to building their teams and optimizing their talent as an investor would.
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- Investing
