Press release: New Digital Platform for Scaling Up Inclusive Business Worldwide Launches in New York
Produced as part of the Inclusive Business Action Network’s knowledge sharing initiative “iBAN blue”, the platform provides up-to-date knowledge and insights for those working to deliver sustainable business models that benefit the world’s poorest.
The reality is that many social enterprises need the support of grants or donations to survive. In the UK, 37% of social enterprises receive grant from a public-sector body.
Looking for Funds in All the Wrong Places: The Single Biggest Thing Social Entrepreneurs Misunderstand About Investors
Social entrepreneurs often feel like they have to compromise or downplay their missions in order to appeal to profit-hungry investors. But that's not the case, says investment consultant Jenny Kassan, as investors don't always fit the stereotype of a "middle-aged white man in a suit" seeking a fast, lucrative exit. She explores a vast, under-recognized source of investment capital that entrepreneurs can tap – one that actually prefers businesses with a social focus.
The two firms are leveraging blockchain technology to reduce friction, improve efficiency and interoperability for cross-border payments between the two continents.
The Award includes a grant worth $200,000, which will be given to the top three start-ups, allowing the winners to accelerate the growth plans of their businesses.
- North Africa & Near East
New Delhi-based microfinance company Satya MicroCapital Ltd has raised $4.7 million (Rs 34 crore) from Swiss impact investment manager BlueOrchard Finance Ltd for on-lending to the Indian micro, small, and medium business sector, with a focus on women entrepreneurs, said a statement on Monday.
- Asia Pacific