-
Big Challenge, Simple Solution: Could Bookkeeping Take India’s Small Businesses from Good to Great?
Small businesses tend to dream big and start small, but somewhere in the middle they do not grow. According to Vikas Kabra at Menterra, in his interactions with small merchants in India, he's noticed a surprisingly simple obstacle to their growth: a lack of bookkeeping. Out of hundreds of micro-merchants he has interacted with, barely any track their day-to-day business performance. Kabra discusses the problem, and calls for new tech-based solutions that could make bookkeeping fast, easy and approachable for small business owners.
- Categories
- Entrepreneurship, Finance
-
Press Release: Mastercard and USAID Extend Relationship to Support Women Entrepreneurs
“At the U.S. Agency for International Development, we know that investing in women builds resilient, self-reliant, and prosperous societies,” said Mark Green, USAID Administrator. “USAID's partnership with Mastercard will accelerate the achievement of these goals by leveraging the collective resources and expertise of the U.S. Government to unlock the full economic potential of women around the world.”
- Categories
- Entrepreneurship, Finance
-
The Hard Reality of Sanitation: Why Public Sector Support is Key to Entrepreneurial Success in Emerging Markets
Roughly 2.3 billion people lack basic sanitation, and over half the global population lack a safely managed service. This spells opportunity for social entrepreneurs – but as Sam Drabble at Water & Sanitation for the Urban Poor points out, these businesses face huge systemic challenges and cannot succeed without support. He highlights some solutions that could boost these companies' chances of success.
- Categories
- Entrepreneurship, WASH
-
Overcoming a Roadblock to Scale: How Can We Attract Top Talent to Inclusive Businesses?
Inclusive business is a key way to create sustainable livelihoods for the global poor, but the sector is hitting a roadblock: finding employees. The growing number of inclusive businesses has meant that the demand for talent is outstripping supply. And as existing inclusive businesses scale up, the talent they require has become more specialized. So it's no surprise that in a recent survey of over 100 prominent social enterprises, talent was flagged as a top challenge. Christian Jahn and Susann Tischendorf at the Inclusive Business Action Network discusses the problem – and some emerging solutions.
- Categories
- Entrepreneurship
-
The Power to Produce: How Indian Energy Entrepreneurs are Approaching the Next Big Frontier
The Indian government says 99.99% of houses in India, a staggering 214 million of them, are now on the electrical grid. Even with errors and omissions, it’s an incredible number. So if nearly all dwellings in India are now grid-enabled, is this the end of energy access challenges in the country? Not exactly, writes Ananth Aravamudan at the social enterprise incubator Villgro, since the existing grid does not provide satisfactory service. He shares several mini case studies of innovative startups building energy solutions that create both value and social impact.
- Categories
- Energy, Entrepreneurship
-
Growth on Your Own Terms: Three Tips for Scaling Your Social Enterprise – Without Selling Your Soul to Investors
Every development-focused organization faces the challenges of funding, but the issue is especially acute for social entrepreneurs seeking to scale. Funding an expansion often means incorporating the opinions and vision of investors – some of whom may not be aligned with the enterprise’s mission or business plan. Sam Alhadeff at Finding Impact shares some essential advice on how to acquire funding that lets you scale without selling out, based on conversations with several prominent social entrepreneurs.
- Categories
- Entrepreneurship
-
Courage, Optimism, Defiance: Impact Investment Exchange Founder Durreen Shahnaz Discusses her Journey of Empowerment
Growing up in Bangladesh, Impact Investment Exchange (IIX) Founder Durreen Shahnaz tended to rebel against tradition, preferring boys’ clothes to saris, and exploring the streets on her bike rather than staying indoors. Yet she never rebelled against her family's core focus on charity. Her long and distinguished career in social business and investing has been defined both by her maverick spirit and by her humanitarian values. NextBillion caught up with Shahnaz to discuss her inspiring story and IIX's ongoing work, as the company celebrates its tenth anniversary.
- Categories
- Entrepreneurship, Investing
-
Pitch Perfect: Five Tips for Designing Effective Business Pitch Competitions for International Entrepreneurs
The television show “Shark Tank,” in which entrepreneurs pitch their ideas to a panel of potential investors, has brought the pitch concept into popular culture. But in many emerging economies, not everybody is familiar with pitching. The William Davidson Institute's Amy Gillett and Kristin Babbie Kelterborn provide some lessons to help global entrepreneurship development leaders organize effective pitch competitions. Among their tips: Consider a more encouraging "dolphin tank" approach instead of a cut-throat shark tank, and work to leverage local entrepreneurial customs.
- Categories
- Education, Entrepreneurship
Parent Organization
