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Next-Generation African Leaders Announced As Winners Of The Resolution Social Venture Challenge
Winning projects address a wide range of challenges Scholars have observed first-hand in their communities, including financial literacy among rural women, access to nutritious foods in orphanages, and safe and affordable biomedical devices to reduce the impact of preventable diseases.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- youth
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G7 Summit Commit $251M for African Women Entrepreneurs
“I am particularly proud, as the current G7 president, that the programme we are supporting today, the AFAWA initiative, comes from an African organisation, the African Development Bank, which works with African guarantee funds and a network of African banks,” Macron stated at a press conference at the G7 Summit in Biarritz, France.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Why Charities Are Launching For-Profit Businesses
“If you have a business and start a nonprofit, no one thinks twice,” Pipkin says. “But if you start a nonprofit and then start a business, people think, Wait a second.” That’s beginning to change. All three nonprofits ultimately entered the moneymaking game. It is, they believe, the next phase of social entrepreneurship.
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- Uncategorized
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- nonprofits
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Press Release: Upaya Social Ventures Funds Its Latest Investments from A Recoverable Grant Pool
Upaya raised $2 million to expand its job-creating investments, including an innovative $1 million Pool of Recoverable Grants that was used to fund its latest two investments in agribusiness enterprises.
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- Press Release
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- Uncategorized
- Region
- South Asia
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West Africa Finds an Unlikely Home in Silicon Valley
To bridge the gap between Nigeria’s technology and professional, on-the-job training in Silicon Valley, SVNED sponsored introductory and educational events in both shores. This helped immerse students, entrepreneurs, and dignitaries in the cultures, knowledge and business best practices of the Silicon Valley. Williams hopes to replicate such an ecosystem across the African continent.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Here’s Why Social Startups in India Fail to Attract VC Funds
Social startups in India haven’t been able to get the spotlight of investors to attract billions of dollars much like regular technology startups. Moreover, the number of social startups pales in comparison to the number of technology startups.
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- Uncategorized
- Region
- South Asia
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- Base of the Pyramid, scale, startups
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Answering Rohingya Refugee Crisis in Bangladesh with Skills Development, Artisan Training
Innovation is often associated with the newest technology or the latest app. But it also can be seen in the fresh application of a tried-and-true strategy – just in a new context. In Cox’s Bazar, a small town on the southeastern coast of Bangladesh, extreme poverty, a fraught socio-cultural landscape and the Rohingya refugee humanitarian crisis have exacerbated existing vulnerabilities and placed an unprecedented burden on women in the host communities. Sadiaa Haque and Samira Syed of BRAC explain how the organization is helping them bounce back through artisanal skills training and employment opportunities.
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- Uncategorized
- Tags
- creative economy, refugees
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When Failure is Not an Option: Understanding – And Accelerating – the Success of Refugee Entrepreneurs
This World Refugee Day, the global community is experiencing the highest level of displacement on record. Though entrepreneurship can provide a route to livelihood for which resilient, community-oriented refugees are particularly suited, they often struggle to surmount barriers of language and discrimination, on top of the high failure rates that are typical of small businesses. Amy Gillett and Kristin Babbie Kelterborn at the William Davidson Institute share lessons from support programs helping refugees overcome tough odds to economically enrich their host countries.
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- Uncategorized
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