Tackling the Creative Economy Financing Gap: How Short-Term Capital Can Unlock Long-Term Impact Among Artisan Businesses
An estimated 3% of global GDP comes from creative industries – and the sector is growing quickly in the developing world. Laura Callanan at Upstart Co-Lab and Christopher van Bergen at Nest Inc. argue that now is the time to shape the creative economy to be more inclusive and sustainable. But for that to happen, the industry must first address its funding gap.
The COVID-19 Pivot: How Five Nonprofits and Community-Based Enterprises Have Adapted in Response to the Pandemic
As COVID-19 has upended entire industries, businesses and non-profits everywhere have had to adapt to survive – sometimes shifting completely from their traditional services. June Sugiyama at the Vodafone Americas Foundation explores how five participants in the OpenIDEO COVID Business Pivot Challenge have quickly adjusted to provide innovative solutions to the crisis.
Press Release: Kiva Receives USAID Design Funding to Structure Innovative $100M Fund to Support 1 Million Women Globally
Financial inclusion non-profit Kiva is announcing a partnership under the White House-led Women’s Global Development and Prosperity (W-GDP) Initiative with USAID to advance women’s economic empowerment by increasing access to financing for women entrepreneurs and business owners
Leading a social impact-focused organization during a crisis like COVID-19 isn't easy. Alex Counts, the founder of Grameen Foundation and author of two recent books on mission-driven leadership, shares some of the top lessons he has learned from his decades in the sector, to help leaders guide their non-profits and social enterprises through this time of national and global crisis.
India Needs More Non-Profit Unicorns: Here’s How Transparency and Disclosure Standards Can Help Build Them
India's non-profits are tackling huge social challenges, but they're facing a persistent problem: inadequate funding. According to Varad Pande and Rahul Bhide at Omidyar Network, this issue is driven in part by a lack of disclosure standards detailing the information non-profits should share about their impact. They explore how simple yet robust standards could boost transparency and increase trust among donors, bringing more capital and talent into the sector.
- Impact Assessment
The Doris Duke Charitable Foundation, Ford Foundation, W.K. Kellogg Foundation, the John D. & Catherine T. MacArthur Foundation, and the Andrew W. Mellon Foundation announced a joint commitment to increase their payouts to nonprofit organizations with more than $1.7 billion within the next three years to help stabilize and sustain a nonprofit sector facing devastating economic effects due to the global pandemic and the epidemic of social injustice.
- North America
Last year marked records for venture investment in a number of emerging private capital markets, including Africa, Southeast Asia, Latin America, India and CEE and CIS , according to a recent report by EMPEA.
The WHO Foundation, which is legally separate from the UN health agency, will facilitate contributions from the public, individual major donors and corporate partners.
It will make grants that support WHO's efforts to address pressing global health challenges, which include extending universal health coverage to one billion people.