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iuMAP: Milaap Bridges the Gap for Microfranchisors
Capital investment is expensive and involves risk; if the already vulnerable entrepreneur fails to sell her inventory, she’s stuck with the liability. Inspired by his work with the business development team of SKS Microfinance, Anoj Viswanathan founded Milaap, a crowd-funded, low-cost, risk-tolerant capital model focused on microfranchises.
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Via Acumen Blog: Can We Believe the Hype about Impact Investing?
The following post is by John Simon, author of the new report from the Center for Global Development: More than Money: Impact Investing for Development. The report is being released today, and the Center for Global Development will hold a live webcast of the launch event from 4-5:30 PM EDT. We’d welcome your reactions on the event and report.
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Who’s Making an Impact? 4th Annual BoP Short-Essay Competition Aims to Find Out
Managed by the Center for Sustainable Global Enterprise at Cornell, 2009’s contest attracted nearly 100 submissions from 15 countries, illustrating a diverse array of business ideas and solutions in 25 different countries. Submitted essays must illustrate existing BoP enterprises (not hypothetical businesses). Prizes range from $1,000-$4,000.
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NexThought Monday: The Multiplier Effect of 10,000 Women
By the end of 2010, 3,000 women will have enrolled and/or graduated from the 10,000 Women business management education project globally. The effort has taken root in 22 countries and involved more than 70 academic or nonprofit organizations. Early data shows 70% of graduates are reporting business growth and 50% have hired one or more employees.
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Friday Roundup – 12/10/10: What Works? An Update from One Acre Fund
This week’s roundup includes an update on One Acre Fund, our usual Weekly Roundup and opportunities you won’t want to miss coming from both Cornell and the University of Michigan.
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How are Hybrid Value Chains different from CSR, BoP, Inclusive Business?
You may wonder about the actual differences between a Hybrid Value Chain, Corporate Social Responsibility, Base of the Pyramid and Inclusive Business. The field of market-based approaches addressing social and environmental issues is still too nascent to start arguing over terms, but it may be worth clarifying some fundamental differences.
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Slaying the Dragon: How Small Businesses Can Fight Corruption in the Developing World (Part 2)
Experts from the Center for International Private Enterprise explain its approach to empowering the private sector in developing countries to fight corruption. The second of this two-part series examines anti-corruption tools used by small, informal businesses and international corporations alike?and encouraging success stories from the field.
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Movirtu’s Plan for 4 Million ’Cloud Phone’ Users by 2013
Earlier this month, "Cloud Phone" software company Movirtu announced it would be expanding in 2011 with a Series A investment of $5.5 million and plans to roll out some new products soon. CEO Nigel Waller said the financing will keep the firm on track toward reaching its goal of 4 million users by 2013.
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