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GroFin Expands Pool of SME Funding to $323 million, Enters Three New Countries
GroFin, the multinational pioneer of growth finance working to create real impact through the support of small and medium businesses, has announced a growth in funds under management from $260 million to $323 million.
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- Press Release
- Categories
- Impact Assessment
- Region
- North Africa & Near East
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A Changing Innovation Landscape
At a time when the global economy continues to be in a state of flux and the emerging economies are also beginning to feel the impact of this uncertainty, my mind races to the proverbial thought of viewing the glass as half empty or half full. I choose the latter.
- Categories
- Impact Assessment
- Region
- South Asia
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Journeys for Change, Sankalp Forum Organizes Mumbai Social Enterprise Journey
The Journeys for Change / Sankalp Journey is a unique 3-day immersive journey, from 8-11 April 2012, to visit some of Mumbai's most exciting social enterprises, designed to help participants create greater profit and impact in their work.The journey will incorporate site visits to meet a variety of Mumbai-based social enterprises – businesses whose purpose is to create both profit and impact. Participants will meet the founders of the enterprises, their staff and beneficiaries; will debate and reflect with their fellow participants; and will get unique access to some of the key figures in the social enterprise world in Mumbai.The journey will also include a private dinner with Vineet Rai, founder of Aavishkaar and Intellecap and entrance into the Sankalp Summit, which starts directly after the experience.
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- Press Release
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Tigo Helps Remittances Go Mobile
In countries like Guatemala, remittances from migrant workers in the U.S. are critical to the economy. Tigo, an international telecom, has a unique plan to use mobile banking to simplify a trying process.
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- Uncategorized
- Region
- Latin America
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Symbiosis Project to Help Light Up Village Homes
PUNE: Students from the Social Entrepreneurship and Consulting Cell of Symbiosis Institute of Business Management ( SIBM) have come up with a project to provide low-cost lighting units to rural households without electricity.
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- Energy, Impact Assessment
- Region
- South Asia
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Start-ups to be Taxed on Funds from Angel Investors
Start-ups raising money from angel investors will have to pay income tax from April on the funds they receive after the national budget on Friday proposed to treat the capital received as income from other sources, if the consideration received for issue of shares exceeds the face value of such shares.
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- Uncategorized
- Region
- South Asia
- Tags
- impact investing
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Facebook-style Microcredit Site Helps China Farmers
BEIJING: Dairy farmer Deligeerma needs 642 to buy fodder for her cows during the harsh winter months in northern China. So far, she has received 149 in pledges from four people around the world.
- Categories
- Agriculture
- Region
- Asia Pacific
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Jeff Raikes, CEO, The Bill & Melinda Gates Foundation: A Message to Members of Business Fights Poverty
We spend a lot of our time trying to convince skeptics that they should care about development. Bill Gates made the case very convincingly in his report to the G20 delivered last November. He argues from the supply side: successfully developing countries can keep the price of key commodities low by boosting production – important in ensuring food security. And he argues from the demand side: successfully developing countries can keep markets humming by boosting consumption. In the U.S., exports to developing countries are growing six times faster than exports to developed countries.
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