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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.
- Categories
- Entrepreneurship
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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, Entrepreneurship, 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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- Entrepreneurship, 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.
- Categories
- Education, Entrepreneurship
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Indonesian Sustainable Village Project Wins Grand Prize at Social Enterprise Forum in Taiwan
The unique approach of addressing civil society issues with design ingenuity won an Indonesian social enterprise organization the Grand Jury prize at this year’s Asia Pacific Social Enterprise Summit (APSES) in Kaohsiung.
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- Entrepreneurship
- Region
- Asia Pacific
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A Kenyan-based Social Enterprise, Yusudi, Raises $250K in Grant Capital
The program seeks out learners with innovative ideas between the ages of 18 and 30 years old, offering the opportunity to join online training on career-start or entrepreneurship depending on their interests.
- Categories
- Education, Entrepreneurship
- Region
- Sub-Saharan Africa
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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, Entrepreneurship, Environment
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Companies Trying to Do Good Face Stiff Competition – From Each Other
With more than 8,000 applicants to Chivas Ventures from around the world, it was fiercely competitive to win a place, said Michal Matus - whose Slovakian social enterprise, Save the Bees, sells technology to beekeepers so they can monitor their hives
- Categories
- Entrepreneurship
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