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World Bank Group Awards $2 Million to Social Enterprises in the States of Madhya Pradesh
Twenty social enterprises were awarded grants totaling $2 million by the India Development Marketplace (DM) funded by the World Bank Group (WBG).
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- South Asia
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- impact investing
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A Wholesale Boost for Tenderos: Why SABMiller Latin America is investing $17M in small retailers
SABMiller Latin America will invest US$17 million over four years in the program that has been designed in collaboration with the Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB). It will be launched in the six core markets for SABMiller in the region, and will target around 10 percent of tenderos.
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Connecting the Global Community of Leading Impact Investors: Global Impact Investing Network
Forbes interviewed Amit Bouri, the managing director at the Global Impact Investing Network (GIIN), a nonprofit organization dedicated to increasing the effectiveness of impact investing around the world.
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- impact investing
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Video Contest Winner Colorado State University Shows Business Education Can Change the World
Business students from around the globe entered the Global Business School Network’s 3rd annual MBA+ Challenge Video Contest to show how they are making a difference in the developing world.
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- impact investing
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‘We believe strongly in the power of entrepreneurs to transform Africa’
As of March 2013, Omidyar Network has committed more than $611 million to for-profit and non-profit companies that foster economic advancement, including entrepreneurship.
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- Region
- Sub-Saharan Africa
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Profit Meets Purpose: Why Social Entrepreneurship Suggests a Possible Future for Global Capitalism
As the first Internet stock bubble neared its popping point in 1999, IBM chief executive Lou Gerstner famously dismissed the dot-com start-ups of his day as "fireflies before the storm--all stirred up, throwing off sparks."
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- impact investing
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Is Social Enterprise ‘Social’ Enough? : Reflections from the Sankalp Unconvention Summit in Mumbai
This year’s Sankalp Forum, coyly named the “Unconvention Summit” after its link up with Villgro, had a heavy focus on impact investing. Sessions ranged from ways to encourage more angel investment in India, to innovations in financing social enterprises and approaches to align donors’ agendas in fostering the sector. But an important undercurrent to the entire summit was a question that Vineet Rai, managing director of Aavishkaar, posed in one of the opening sessions: Is impact investing living up to the claim of impact?
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- impact investing
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Assured Labor Raises $5.5M To Find Jobs For Workers Across Latin America
Assured Labor, a New York, Mexico City and São Paulo-based startup that helps low- and middle-income workers across Latin America find jobs through their mobile phones, just closed $5.5 million in funding led by Mexican private equity firm Capital Indigo.
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- Uncategorized
- Region
- Latin America
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- impact investing
