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How Software-as-a-Service is Helping Digitize Latin America’s Small Businesses
The software-as-a-service (SaaS) business model is allowing small businesses around the world to compete with larger firms at a fraction of the cost. However, as Greg Mitchell at Angel Ventures points out, in markets like Latin America, the rise of SaaS has been slow and difficult. He explores how that dynamic is changing, and how SaaS is boosting the region's small businesses.
- Categories
- Technology
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Moving Past Traditional Philanthropy: A Q&A with Enterprise Development Pioneer Frank Giustra
Earlier this year, the Clinton Giustra Enterprise Partnership announced that it was spinning off from the Clinton Foundation, where it had been an initiative since its founding in 2007. The independent organization, now called Acceso, works to build businesses and connect them to the broader marketplace – particularly in Latin America. Its founder, Frank Giustra, discusses its new focus and ongoing work in this Q&A.
- Categories
- Agriculture, Investing, Social Enterprise
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Malaysian Social Enterprise Teaches the Needy How to Be Entrepreneurs Despite COVID-19 Pandemic
PSC is a Malaysian social enterprise that aims to equalise financial capacity for marginalised communities, with the hopes of enabling them to have better livelihoods and teams up with welfare departments and NGOs to identify participants.
- Categories
- Coronavirus
- Region
- Asia Pacific
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Revenue Over Rounds: Why We Should Encourage Entrepreneurs to Focus on Revenue Before Fundraising
Before the fallout from coronavirus, 2019 was a banner year for startup investment in Latin America. But Daniel Cossio at Village Capital cautions that Silicon Valley-levels of funding could incentivize startups to scale too big, too fast — leading to high-profile failures. He urges investors and entrepreneurs to resist the growth-at-all costs mentality and come up with an alternative definition of startup success.
- Categories
- Investing, Social Enterprise
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Jack Ma Foundation Searches for Africa’s Business Heroes
Initiative aims to allocate US$100m in grant funding, training programmes and support to develop an entrepreneurial ecosystem.
- Region
- Sub-Saharan Africa
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Frontier Innovators: A New Roadmap for Social Impact
In recent years, there have been growing calls for businesses to focus more on their social impact. Until recently, Silicon Valley had been held up as the paragon of high-impact business models, but its star has dimmed. Social enterprise has long offered an exciting alternative, but the movement isn’t scaling. Now, a new model is emerging, driven by innovators from lesser-known places, explains Alex Lazarow, venture capitalist and author of the new book: "Out-Innovate: How Global Entrepreneurs – from Delhi to Detroit – Are Rewriting the Rules of Silicon Valley."
- Categories
- Social Enterprise
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Halting Human Contact: How Social Enterprises Are Rethinking Their Business Models During COVID-19
Lockdowns across the world. Social distancing, isolation and quarantine commonplace. What does that mean for social enterprises that usually work directly with vulnerable people and rely on face-to-face communication? We spoke to social entrepreneurs in the UK, Turkey and South Africa to find out how they're taking on the challenge.
- Categories
- Uncategorized
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From the Fringe to the Center: Assessing the State of the Off-Grid Appliance Market in 2020
Energy access is about much more than connecting households to the grid, or getting them a rooftop solar panel. People also need access to life-changing appliances. But as Jenny Corry Smith at CLASP and Michael Tsan at Dalberg Advisors explain, these appliances still aren't reaching many households in rural sub-Saharan Africa. They share key insights from the new State of the Off-grid Appliance Market Report on how the sector can address this growing priority.
- Categories
- Energy