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World Bank Group Awards $2 Million to Social Enterprises in the States of Madhya Pradesh
Twenty social enterprises were awarded grants totaling $2 million by the India Development Marketplace (DM) funded by the World Bank Group (WBG).
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- Uncategorized
- Region
- South Asia
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Building Impact Investing Momentum in Africa
Earlier this month, the Rockefeller Foundation and the Tony Elumelu Foundation launched the Impact Economy Innovations Fund (IEIF) to improve the lives of poor and vulnerable people throughout Africa. The fund was announced at the Impact Investing in Africa: Accelerating the Industry Regionally forum in Cape Town, South Africa. The fund will target projects that seek to enable capital solutions, foster entrepreneurial ecosystems and promote the impact investing industry infrastructure.
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- Investing
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- impact investing
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Connecting the Global Community of Leading Impact Investors: Global Impact Investing Network
Forbes interviewed Amit Bouri, the managing director at the Global Impact Investing Network (GIIN), a nonprofit organization dedicated to increasing the effectiveness of impact investing around the world.
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- Uncategorized
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Video Contest Winner Colorado State University Shows Business Education Can Change the World
Business students from around the globe entered the Global Business School Network’s 3rd annual MBA+ Challenge Video Contest to show how they are making a difference in the developing world.
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- Uncategorized
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- impact investing
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Profit Meets Purpose: Why Social Entrepreneurship Suggests a Possible Future for Global Capitalism
As the first Internet stock bubble neared its popping point in 1999, IBM chief executive Lou Gerstner famously dismissed the dot-com start-ups of his day as "fireflies before the storm--all stirred up, throwing off sparks."
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- Uncategorized
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The Questions of Sankalp Forum : Angels, incubators, impact measurement and who should pay for it all
Nearly 1,000 members of the impact investing community congregated at Sankalp Unconvention 2013 last week. The fact that this industry has grown so rapidly is anecdotally visible in the turnout at this event – while one would expect social enterprises and investing funds; the breadth of representation from other players was impressive: from incubators, international aid agencies, journalists, and academia to even tech consulting services, marketing and branding specialists. Some interesting themes emerged.
- Categories
- Social Enterprise
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Is Social Enterprise ‘Social’ Enough? : Reflections from the Sankalp Unconvention Summit in Mumbai
This year’s Sankalp Forum, coyly named the “Unconvention Summit” after its link up with Villgro, had a heavy focus on impact investing. Sessions ranged from ways to encourage more angel investment in India, to innovations in financing social enterprises and approaches to align donors’ agendas in fostering the sector. But an important undercurrent to the entire summit was a question that Vineet Rai, managing director of Aavishkaar, posed in one of the opening sessions: Is impact investing living up to the claim of impact?
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- Uncategorized
- Tags
- impact investing
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Assured Labor Raises $5.5M To Find Jobs For Workers Across Latin America
Assured Labor, a New York, Mexico City and São Paulo-based startup that helps low- and middle-income workers across Latin America find jobs through their mobile phones, just closed $5.5 million in funding led by Mexican private equity firm Capital Indigo.
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- Uncategorized
- Region
- Latin America