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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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- Latin America
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- impact investing
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Distribution, the Key to Unlocking the Development Toolbox: D-Prize offers $20,000 awards for start-ups with innovative distribution models across sectors
A new organization, D-Prize, believes entrepreneurs can scale up access to poverty solutions, and is backing the belief with $200,000 in available seed capital. Do you have an idea for a new distribution-focused venture? Submit your concept for a new venture that solves distribution challenges, and potentially win an award up to $20,000 to launch a pilot.
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Visualizing Financial Inclusion (and Shaping It)
With the year 2020 as the target, the Center for Financial Inclusion, along with Citi and Visa, are building a campaign leading up to the Financial Inclusion 2020 conference, set for Oct. 28-30 in London. Although the conference itself is invitation-only given the limited capacity and massive interest, this is a big tent effort.
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IFC, Others Invest $20m In Ghanaian Microfinance Bank
The IFC, the German Investment and Development Corporation (DEG), and the African Capitalisation Fund (ACF) have together invested about GH¢46 million ($20 million) into one of Ghana’s leading microfinance banks, UT Bank.
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- Sub-Saharan Africa
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Conscious Business, Crowdfunding and Social Impact Investing
Crowdfunding thought leader Rose Spinelli and Richard Branson Award Winner Shayan Nahrvar, CEO of Raise5.com, were ready to talk about funding in the new capitalism at the Conscious Business Network last week.
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- impact investing
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The Globalization of Giving
When Stanford Social Innovation Review (SSIR) was first conceived in Silicon Valley a decade ago, newly wealthy, problem-focused entrepreneurs had seized the opportunity to use their knowledge, networks, and finances to advance the social good globally.
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- impact investing
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Grassroot-level innovations may hold the key to global challenges
Development professionals should help spread the ideas that are effective in solving problems but often remain in obscurity.
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- Uncategorized
- Region
- South Asia
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