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Press Release: DFC CEO Travels to Kyiv in Show of Unwavering Support and Makes Several Announcements to Catalyze $1 Billion in Private Sector Engagement
This week, U.S. International Development Finance Corporation (DFC) Chief Executive Officer Scott Nathan traveled to Ukraine to deepen engagement with the local business community and meet with government ministers.
- Categories
- Entrepreneurship, Investing
- Region
- Europe & Eurasia
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Husk Power Reaches Minigrid Profitability
Net-zero energy services company Husk Power Systems has become the first minigrid company to achieve profitability.
- Categories
- Energy, Entrepreneurship
- Region
- Sub-Saharan Africa
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Six Business Plan Pitfalls to Avoid When Approaching Funders: Lessons from Healthcare Enterprises in Emerging Markets
Having a good business plan is a key part of building credibility with funders. But despite its importance to an enterprise’s success, many entrepreneurs in emerging markets struggle to develop a strong business plan that instills confidence among potential funders. Paul Clyde and Ioan Cleaton-Jones at the William Davidson Institute discuss six common business plan mistakes that can undermine an entrepreneur's prospects with funders, based on their work supporting the development of business plans for hundreds of healthcare enterprises in various emerging markets.
- Categories
- Entrepreneurship, Health Care, Investing
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How Foreign Aid Can Innovate Itself Out of Existence: Exploring the Potential of Market-Creating Innovation for Sustainable Development
The foreign aid sector has long been criticized for its inability to generate consistent economic growth and poverty alleviation in developing countries. According to Efosa Ojomo at the Clayton Christensen Institute for Disruptive Innovation, a new approach to aid is needed: one that recognizes the power of business innovation to create new markets that advance local prosperity. He discusses a new pan-African initiative based on that approach, which aims to mobilize aid, business and African institutions to build new markets that generate self-sustaining economic growth.
- Categories
- Entrepreneurship, Health Care, Investing
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Lessons in Resilience: What an Impact Investor Learned from an Entrepreneur Who Refused to Give Up
Entrepreneurship is a long game, and winning often comes down to grit. One case in point: Arindam Dasgupta, the co-founder and CEO of Tamul Plates, who has built a thriving business in India despite the historic challenges of recent years. Sachi Shenoy at Calidris and Steve Schwartz at the World Economic Forum were early investors in Tamul Plates through Upaya Social Ventures, the impact investing firm they co-founded. They discuss what Dasgupta has taught them about the qualities and practices investors should look for when seeking resilient entrepreneurs.
- Categories
- Entrepreneurship, Investing
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B Capital Closes Third Growth Fund Series at $2.1 Billion
Global investment company B Capital Group has closed its Growth Fund III at approximately US$2.1 billion.
- Categories
- Entrepreneurship, Health Care, Investing
- Region
- Global
- Tags
- fintech, venture capital
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Analysis: Supporting Social Enterprises to Understand Their Impact
Social enterprises are once again on the agenda at this year’s World Economic Forum, this time with an emphasis on scaling and partnerships for impact. To support this growth, effective evaluation is key.
- Categories
- Entrepreneurship, Impact Assessment, Investing
- Region
- Global
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We Asked Small Business Owners How Digitalization is Impacting Their Businesses: Here’s How They Responded
Digitalization has become the go-to strategy for improving the performance of Latin America’s micro and small enterprises (MSEs). But according to Daryl Collins and Maria Pia Torres at Decodis, we know little about how MSE owners themselves experience these changes. They share insights from Decodis' surveys of 114 mostly women-led MSEs in Colombia, Mexico and Peru, which highlight how digital solutions have become embedded in these businesses – and where business owners see the most value in digitalization.
- Categories
- Entrepreneurship, Finance, Technology
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