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  • 10 Big Thinkers for Big Business, by Karen Breslau

    P ierre Omidyar Omidyar has made his largest investments so far in the field of microfinance, which empowers the poor around the world by granting tiny loans (often as small as $50) to poor people who want to become entrepreneurs. By helping a woman buy a sewing machine so she can start a clothing business or buy chickens to sell eggs, lenders not only profit from interest payments on the original loans, but also build a base of small-business owners who will continue to ...

  • $25 cellular handset achievable within two years

    Within two years, and possibly within 12 months, the wireless handset industry is on track to design and manufacture low-end cellular handsets that cost US$25 or less to make, according to results of a recent survey conducted by Portelligent among the company’s customers in the wireless and electronics industries. Among respondents to the survey, 80% reported a belief that a low-end GSM handset with a total bill-of-materials cost of US$25 can be achieved within two years or less,...

  • Peace Through Entrepreneurship, by Stacy Perman

    A talk with Bpeace’s Toni Maloney on her group’s efforts to mentor small-business women from war-torn areas like Afghanistan When women have an economic stake in their communities, they’ll have a stronger hand in shaping their communities and ultimately in promoting peace. That’s the main contention of the nonprofit group Business Council for Peace . It was formed in 2002, when a handful of American businesswom...

  • Innovative technologies win development awards, by Zablon Odhiambo

    A solar-powered oven, a cheap, eco-friendly pesticide, and a clean-burning charcoal briquette are among the innovations honoured last month by the 2005 World Bank Development Marketplace Awards . The awards, announced on 24 May, carry funding of up to US$150,000 to support the continuation of innovative pro...

  • Speak Shop Wins Top Honors in Business Plan Competition for Socially Responsible Tech Companies

    Speak Shop , a pioneer in online face-to-face Spanish tutoring, was awarded ?Best Social Return on Investment? in the Social and Environmental Technology (SET) Inventors Challenge, tying with Differential Dynamics. The SET business plan competition challenges technology companies to save the world and investors to fund profitable solutions to global problems. The SET Challenge...

  • Intel to develop PC platform for India market, by John Ribeiro

    Intel may even design new processors for platform aimed at emerging markets in South Asia Intel plans to establish a platform definition center in Bangalore, India, to define a new PC platform appropriate for the Indian market and other emerging markets in South Asia, it announced Monday. Just as the Centrino was a platform we developed for the global market, we are developing, though on a smaller scale, a new platform for markets in India and the rest of South As...

    IDG News Service
  • Kozhikode to introduce e-literary programme

    After the successful implementation of the ’Akshaya’ programme in the neighbouring Malappuram, the administration on Friday decided to introduce the e-literary centres in Kozhikode as well, aimed at addressing the socio-economic inequities in the society by bridging the digital divide. As part of the Kerala Government’s ambitious plan to introduce the programme in other districts, the administration would set up 176 computer learning centres in various parts of the distric...

  • International Prizes Awarded to the Best Start-Ups, Out of 700 Poverty Entrepreneurs in Business

    Seven top Dutch CEOs and the Dutch minister of Development Cooperation, Ms. Agnes van Ardenne, presented this afternoon the awards to the winning entries of the Business in Development (BiD) Challenge at the Rabobank headquarters in Utrecht in The Netherlands. The BiD Challenge is the first international business plan competition ever to combine small entrepreneurial ideas with poverty reduction. 700 plans were submitted from all over t...

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