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God at the Base of the Pyramid?
A key concept when operating a business at the base of the pyramid, or in any place for that matter, is contextualization. And by contextualization I mean a deep understanding and embrace of local culture. A simple example of contextualization in business can be observed by comparing the...
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Job: Gray Matters Capital Foundation, Program Officer
Location: Atlanta, GeorgiaOrganization: Gray Matters Capital Foundation is a charitable arm of Gray Ghost Ventures, a social investment company that seeks to invest in visionary people, with an emphasis on microfinance and education.? Since 1996, Gray Ghost Ventures has worked to foster...
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IADB Announces Innovation for Inclusive Development Grants
The Science and Technology Division of the Inter-American Development Bank is pleased to announce the launch of its grants program: Innovation for Inclusive Development. The objective of the program is to foster innovation in products, processes, and services and engender solutions that can...
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Harnessing India’s Human Capital Through Educational Opportunities
India’s growth depends on its ability to significantly revamp its dismal education sector, which suffers from problems of outreach and quality. A recent study shows that the public education sector may be beyond saving.A possible solution comes in the form of sustainable investments in a...
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The Difference Between Entrepreneurship and a Lack Thereof in Rural South Africa
I recently spent three weeks in South Africa, primarily in the rural Limpopo Province bordering Mozambique, Botswana, and Zimbabwe. While the Republic of South Africa is the 25th richest country in the world, I was struck by the extent to which first-world lifestyles co-exist with endemic...
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Too Much Money Chasing Too Few Investments?
In recent years, the capital markets have infused millions of dollars into the ’development sector.’ While we applaud the growing interest in development through enterprise, the question arises: are there enough quality investees? Or, more simply, is too much money chasing too few...
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Big Award for the KickStart CEO
So it seems KickStart has something else going for it, as if a viral video featuring Maasai rapper Mr. Ebbo weren’t enough... The CEO of the San Francisco-based social enterprise, Martin Fisher, won the Lemelson-MIT Award for Sustainability this week for his innovative and affordable...
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Bee Stings and Poverty
Last night I read a good piece in the interesting Aguanomics blog. It comes from a recent article related to “The Persistence of Poverty: Why the Economics of the Well-Off Can’t Help the Poor” a book by Charles H. Karelis. I found it thought-provoking and worth sharing with the...
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