Securities law prevents investment in companies not listed with the SEC, creating a barrier for small and medium-sized businesses from funding. Josh Tetrick decided to literally redefine that negative and turn it into a positive by forming 33Needs, a startup crowd-funding website focused on social entrepreneurs.
The Grundfos LIFELINK system is certainly no robot, but it is about as high-tech as rural water solutions can get. A single-point water supply system with a submersible pump that is powered entirely by solar panels, the water is pumped to an elevated storage tank, then led by gravity to a tap unit in a small, secure concrete housing structure.
Several clean tech projects serving the poor are, in part, financed by the creation and sale of carbon offsets. Carbon finance improves the product’s value proposition by providing additional revenue streams to make them financially viable and available at a lower price point for end-users.
The global rate for extreme poverty is projected to be 15% in 2015, down significantly from 42% in 1990. Still, the International Day for the Eradication of Poverty, is a call to explore all possible approaches to stabilize the volatile lives of the poor.