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Press release: Upaya Social Ventures Will Fund Its Next Investments from A Recoverable Grant Pool
Upaya Announced $2M to expand its job-creating investments, including an innovative $1M Pool of Recoverable Grants that will be used to fund its next investments; the first term sheet has been presented to an agribusiness enterprise.
- Categories
- Investing
- Region
- South Asia
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Navigating Change: A Step-By-Step Approach to Revising a Social Enterprise Business Plan
By 2018, EarthSpark International had already built two micro-grids in Haiti, sold around 18,000 clean energy products, and invented the leading meter for micro-grids, which sold 40,000 units in 22 countries. The company seemed to be primed for a successful future. But EarthSpark faced significant problems, both in terms of profitability and social impact. To achieve its mission, it needed to make major changes to its model. Social business pioneer Eric Carlson describes how the company revised its business plan, using the paradigm from his new book, Building A Successful Social Venture.
- Categories
- Energy, Entrepreneurship
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The Definition of Insanity: Why Repeating the Same Approach to Enterprise Support is Failing Africa’s SMEs
It’s often said that the definition of insanity is doing the same thing over and over again and expecting different results. So in a region where 84 percent of SMEs struggle to access capital, why do investors keep recycling the same failed approaches when financing African enterprises? Mercy Mangeni and Joshua Murima at Intellecap discuss what investors and entrepreneurs have done wrong – and explore some innovative ways their organization is working to make it right.
- Categories
- Entrepreneurship, Finance, Investing
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How to Build an Impact Industry: Four Strategies from the Global Alliance for Clean Cookstoves
Almost 3 billion people worldwide cook with materials that are inefficient, unsustainable and polluting. Since 2010, the Global Alliance for Clean Cookstoves has sought to make clean stoves and fuels commonplace across the developing world, by building an industry that could deliver this vision. Colm Fay and Ted London at the William Davidson Institute share insights from the Alliance's efforts to catalyze this new industry, breaking down four key stages of acceleration and their lessons for other impact-based accelerators.
- Categories
- Energy
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Nestlé and Ashoka advance Social Investment Accelerator Programme
Nestlé and Ashoka on Tuesday announced the commencement of a social investment accelerator programme that seeks to advance social entrepreneurship and boost economic development in Africa.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Cambodia Establishes New Fintech Association
“We aspire to build Cambodia into the leading Indochine country for Fintech Innovation and Investment in the region. We target to achieve this by collaborating with stakeholders to create the best possible regulatory environment, and by fostering an ecosystem of supportive partners and networks so Fintech companies can thrive and grow in Cambodia.”
- Categories
- Finance
- Region
- Asia Pacific
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This Guide Helps Emerging Market Entrepreneurs Overhaul Their Human Capital Strategies
“We knew this was a problem, we just didn’t have a solution,” says Rachel Crawford, innovation manager for emerging markets at Village Capital. “The challenge offered us the chance to explore what it could look like.”
- Categories
- Entrepreneurship, Investing
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Enough With the Old Unicorns: Why Argentina’s Tech Sector Needs to Look to the Future to Create Social Impact
Argentina boasts an array of tech "unicorns" and startup accelerators, indicating the sector's potential – but its growth seems to have stalled, says Johns Hopkins SAIS graduate Kevin Garrahan. And small-scale incubators may not be enough to generate the number of tech jobs that Buenos Aires, and the country as a whole, need. Garrahan highlights some ways Argentina could boost its tech industry's role as a cornerstone of economic growth.
- Categories
- Entrepreneurship, Technology
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