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From Iowa to India: The Importance of Entrepreneurship in Promoting Human Dignity
Farmers in both developed and emerging countries are facing similar challenges, from water shortages and climate change to stagnant crop prices. With many Indian farmers abandoning their rural communities in favor of growing urban centers, Chris Owen, a University of Michigan student and 2018 WDI Global Impact Fellow, asks how cities will meet their residents’ need for food, water and gainful employment. He explores the work of Poornatha, a Madurai-based social enterprise that’s tackling these issues through entrepreneurship education.
- Categories
- Agriculture, Entrepreneurship
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How to Help Social Enterprises Scale: New Research Suggests it’s Not Just About Financial Capital
For businesses that need to scale, human capital support can provide long-lasting benefits. But Mark Horoszowski, co-founder and CEO at MovingWorlds.org, says that in spite of the value of investing in the people behind the enterprises, initiatives for capacity building, coaching and consulting largely go underfunded. Horoszowski explores findings from a first-of-its-kind report that show the power of human capital, and discusses three paths for building talent in the sector.
- Categories
- Entrepreneurship, Investing
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Viewpoint: No, Pakistani ‘startups’ did not raise over $300 million in investments in 2018
A Pakistani tech publication published an article recently, claiming that Pakistani startups raised $341 million in 2018. This article was shared by many in the Pakistani startup ecosystem. The article was perhaps seen as an acknowledgment of the fact that the technological ecosystem in Pakistan has come a long way and is finally attracting venture capital (VC) money. This might very well be true. But the claim that Pakistani startups raised over $300 million last year is a stretch.
- Categories
- Entrepreneurship
- Region
- South Asia
- Tags
- entrepreneurship, startups
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Press release: IDB Invest provides loan to Mundo Mujer, the largest private microfinance bank in Colombia
The financing allows Banco Mundo Mujer to increase its loan portfolio to support communities with easy and quick access to working capital, strengthening its businesses and productive units.
- Categories
- Finance
- Region
- Latin America
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Helping the Digital Revolution Reach the Corner Store: Piloting Mobile Solutions for Micro-Retailers
Across the developing world, there are millions of small-scale shopkeepers who want to build their businesses. But with no training in management skills, many often struggle to run their shops. Can digital tools help address this challenge? TechnoServe sought to answer that question by piloting a smartphone platform that worked with shopkeepers in Kenya to improve the operations of their stores. Alice Waweru explores the program’s benefits and limitations.
- Categories
- Technology
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If You Build It, They Will Come: Four Ways Impact Investors Can Boost Ecosystem Development
An entrepreneurial ecosystem isn't just "nice to have" - it's essential, both for a company’s long-term success and for investor performance. Ecosystems have a critical impact on a company’s ability to recruit a capable management team, hire skilled staff, benefit from effective mentorship and source new capital for growth – among many other areas. Dia Martin, Managing Director for Social Enterprise Finance at OPIC charts out some concrete actions investors can take today to build ecosystems for tomorrow.
- Categories
- Entrepreneurship, Investing
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Viewpoint: In Emerging Markets There Are No Copycats, Just Budding Entrepreneurs
While in foreign eyes, we have been building a Mexican Kickstarter, a Middle Eastern Uber, an Indian Amazon or a Colombian Postmates, I argue visionary founders are taking a simple idea that already exists and creating new worlds.
- Categories
- Entrepreneurship
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Ease Off on the Accelerators: Why GALI’s Latest Study on Accelerator Programs May Be Overstating Their Impact
Early-stage social venture accelerators are growing at a rapid pace in emerging markets, and they receive widespread acclaim – driven in part by positive results from research conducted by the Global Accelerator Learning Initiative (GALI). But South Africa-based investor Nicky Khaki cautions that, while accelerators can certainly have value, their benefits to participating companies may not be as clear cut as GALI's data suggests. He explores why the studies may be exaggerating accelerators' impact – and how they could do better.
- Categories
- Entrepreneurship, Impact Assessment
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