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Documenting a Historic Year in Emerging Markets Business: Vote for the Top NextBillion Article of 2020
Like many of you, we're not sorry to see the end of 2020. But as we look back on this historic, tragic year, NextBillion would like to take a moment to appreciate the extraordinary work done by enterprises, NGOs, researchers and others in the emerging markets business sector. They have risen to the occasion in ways that can best be described as heroic – while sharing their insights in nearly 100 COVID-19-focused articles on our platform. Several of these pieces are included in our "Most Influential Article of the Year" contest, which launches today. We invite you to read these articles and vote for your favorites – the contest runs from Dec. 21 to Jan. 2.
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Ethical Labels Not Fit for Purpose, Report Warns Consumers
Certification schemes may serve to mask human rights abuses and allow government inaction, study claims
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- Agriculture, Energy, Entrepreneurship
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Viewpoint: Nonprofit Earned-Income Ventures Aren’t Rockets: Another Launchpad Failure
Hailed as a potential game changer, ImpactUs fell apart eight months after opening even though the impact-investing intermediary had the backing of the MacArthur Foundation, Ford Foundation, Kellogg Foundation, Open Road Alliance, Enterprise Community Partners, and City First Enterprises. Another firm is picking up the pieces, so it may not be a total loss, but why did the initial effort flame out so quickly? Here, John MacIntosh advances some tenets for nonprofits to follow to give their venture activities a greater chance of success.
- Categories
- Investing
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Why Do Low-income Women Entrepreneurs Fail? New Research Provides Some Answers
Everybody loves a business success story, so research on entrepreneurship tends to focus on the Facebooks and Ubers of the world. But in reality, new ventures are more likely to fail than to succeed, and there's a dearth of research on the reasons why – particularly when the entrepreneurs are women in emerging markets. The Failure Institute joined with Pro Mujer to study the failures of hundreds of small businesses run by low-income women in Mexico. Leticia Gasca of the Failure Institute explores the four main causes of failure these women faced.
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- Entrepreneurship, Impact Assessment
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The Danger of Subsidized Solar: How Government and Donors Unwittingly Hobbled Our Business
After entering Myanmar as the country's first pay-as-you go solar power provider in 2015, Brighterlite recently ceased operations there, losing the nearly US $2 million invested in the startup. Jørund Buen, co-founder of the firm that owns Brighterlite, explains what went wrong – and the role that government and donors played in the failure.
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- Energy, Entrepreneurship
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Why Do Social Enterprises Fail? New Research Reveals Three Reasons (And Some Surprises)
In a recent study by the Failure Institute – the research arm of F*ckUp Nights, a global movement that aims to break the stigma around business failure – social entrepreneurs in Mexico gave three primary reasons why their businesses failed: a lack of resources and infrastructure; insufficient public policy support; and a dysfunctional board of directors. F*ckUp Nights' director discusses these and other findings.
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- Entrepreneurship
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Most Influential Post Nominee: Calling All Failures: Failing is a big part of social entrepreneurship. F*ckUp Nights wants you to talk about it
Though most new companies shut down, entrepreneurs rarely talk about their failures. This is counterproductive, especially in challenging sectors like social enterprise. That’s why F*ckUp Nights is building a movement to discuss and research business failure. This exclusive series with NextBillion will feature some of their top failure stories from would-be social entrepreneurs. And if your social business has failed, you’re welcome to add your story.
- Categories
- Education, Entrepreneurship
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Needed: A ‘Facebook’ for Impact Investing: Why the sector needs to embrace failure – and also produce some inspiring successes
Impact investing has had some notable success stories, but no true breakout companies that – like Facebook – can inspire public attention and draw more entrepreneurs and investors to the sector. That's a problem, says Vox Capital director Daniel Izzo – as is the fear of failure, both financial and social, among investors. He discusses these challenges, and some possible solutions, in this video Q&A.
- Categories
- Entrepreneurship, Impact Assessment, Investing
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