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Ugandan Billionaire Ashish Thakkar Launches Venture Capital Fund For Young Entrepreneurs
VENTURES AFRICA – Ugandan billionaire businessman Ashish J. Thakkar, under the auspices of the Mara foundation, a non-profit enterprise of Mara Group, today announced the formation and launch of a venture capital firm – Mara Launch Uganda Fund to support the needs of today’s entrepreneurs.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Goldman Sachs In Jail: Why Is Big Money Moving Into Social Impact Bonds?
The so-called "social-impact bond" investment at Rikers Island prison, the first of its kind for an American city, means any potential return for Goldman hinges on the success of a program that will educate, train and counsel inmates aged between 16 and 18.
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- Impact Assessment
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Acumen Fund Invests INR 1.5 Crore ($300K) in Edubridge Learning
Mumbai, India, July 25, 2012 – Acumen Fund, a pioneering nonprofit global venture fund addressing poverty across Africa and South Asia, today announced a INR 1.5 Crore ($300K) equity investment in Edubridge Learning Private Limited, a growing company that provides vocational skills training for low income youth across Maharashtra, Tamil Nadu, Karnataka, and Chhattisgarh
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- Uncategorized
- Region
- South Asia
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Is innovation essential for development work?
Innovation has become central to the way development organisations go about their work. In November 2011, Bill Gates told the G20 that innovation was the key to development. Donors increasingly stress innovation as a key condition for funding, and many civil society organisations emphasise that innovation is central to the work they do.
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- Uncategorized
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- impact investing
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Define Social Entrepreneurs by Their Impact, Not Their Income Strategy
After decades of frustrating setbacks, scientists at CERN think they have found the Higgs boson particle — a breakthrough success after $12 billion of research funding and smashing particles into each other in all imaginable ways. A few days ago, my colleague Amy Clark argued that there is a lesson about collaboration to be learned. I will use this discovery to argue that there is also an important insight for funders of social innovation.
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- Uncategorized
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- impact investing
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Endeavor to launch a new country affiliate in Saudi Arabia
New York, July 18, 2012 – Endeavor announced today that it will launch a new affiliate office in Saudi Arabia, expanding its efforts to select and service high-impact entrepreneurs in the Middle East.
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- Uncategorized
- Region
- North Africa & Near East
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- impact investing
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Endeavor Catalyst invests in AirTies as first MENA region company
NEW YORK, July 18, 2012 — Endeavor, the world-wide leader in selecting, mentoring and accelerating high-impact entrepreneurs, announced that it has closed an investment round with AirTies, an innovative Turkish developer of wireless networking equipment with worldwide sales, as the third investment of Endeavor Catalyst.
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- Uncategorized
- Region
- North Africa & Near East
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- impact investing
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“Having It All”: Finding Profit and Purpose with Tahira Dosani
In the wake of Dr. Anne-Marie Slaughter’s article, “Why Women Still Can’t Have it All,” I had been thinking about how to have it all not in terms of balancing children and career, but rather in terms of finding a career that encompasses money and meaning. For many women in our 20s, the tradeoffs between pursuing our passions and supporting ourselves can be perplexing. We want to pursue work that excites us, but we don’t know when, where, or how to start. This is a dilemma I’ve faced myself, as I’ve worked in banking and private equity and am beginning work at an impact investing fund.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- impact investing
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