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Think Globally, Innovate Locally: If you’re trying to serve individual customers, you can’t be a plane ride away, says Accion Venture Lab’s Paul Breloff
Here’s a common quote among entrepreneurs: “We’re focused on the BoP in [pick an emerging market] – but our senior management team is based in [some fully emerged market].” But as Accion Venture Lab’s Paul Breloff argues, if you’re trying to serve individual customers, you’ve got to immerse yourself in the countless intangibles that make up their daily lives.
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Engaging Customers and Clients in Social Change
“Engaging Customers and Clients in Social Change” was the theme for the 12th annual Social Enterprise Conference at Columbia University’s Business school earlier this month. The premise took on the practical, and therefore often overlooked, side of social entrepreneurship. While social entrepreneurs may have fantastic visions for transforming the world, they can’t accomplish much without energizing and motivating those on the receiving end.
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NexThought Monday: Our Top 5 Tips for BoP Marketing: What are yours?
Inspired by discussions at the Hystra’s Marketing Innovative Devices to the Base of Pyramid as well as our own extensive experience in marketing life-changing products to the BoP, here at Living Goods, we thought it was high-time we shared our Top 5 Tips for BoP Marketing. Like any good list, we hope it sparks a vibrant discussion...
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Can Business Solve Poverty?
“Can business solve poverty? If you think it can, raise your hand.”When I asked that question from the podium earlier this week at the Aspen Network of Development Entrepreneurs' (ANDE) annual meeting, nearly every one of the 200 members packed into the room raised a hand.
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- Investing
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NexThought Monday – Life of a Social Entrepreneur: Managing the flurry of conferences and your expectations
We have been to all types of conferences: big and small, near and far, focused on international development and focused on entrepreneurship. We have been attendees, panelists, and presenters. But unlike some of the competitions and prizes that Starr mentioned, we have found that these conferences can either be incredibly helpful or not helpful at all. It depends entirely on expectations.
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New Methods and Models for Social Enterprise Accelerators: Building a stronger, more efficient network
For those of us lucky enough to spend our days (and nights) thinking about how to help more social entrepreneurs help more people, the messiness of the impact accelerator landscape leads to a lot of questions. How can we reach more entrepreneurs? How we can guide the right entrepreneurs to the right program at the right time? How can we maximize our impact on the enterprise? Not to mention, how can we cover our costs of helping these enterprises? My work with the GSBI centers on answering these questions by strengthening and expanding our program offerings.
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BDC Venture Capital allocates $135 million more to healthcare innovation, broadens investment strategy
As part of its mandate to support Canadian entrepreneurs, BDC Venture Capital announced today it has allocated $135 million in new capital to direct venture investments in innovative healthcare companies. That brings its total direct commitment to the sector to $270 million. Recognizing a massive and growing market opportunity, the BDC Venture Capital Healthcare Fund will broaden its investment strategy and invest in technology, products and services that aim to dramatically improve global healthcare productivity, efficiency and patient outcomes.
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- Health Care, Investing
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Evidence Aid Wins the Unorthodox Prize
Following those efforts, we are very pleased to announce the winner of our second competition: Evidence Aid. Incubated as a project of The Cochrane Collaboration based in the U.K., Evidence Aid aims to bring rigorous evidence-based practices to the fields of disaster relief and humanitarian aid.
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