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Microsoft Launches Entrepreneurship Program Targeted at Social Entrepreneurs
According to Microsoft, the criteria to qualify for the program include a business metric that measures the impact on an important social or environmental challenge; having an established product or service that will benefit from access to enterprise customers; and a commitment to the ethical and responsible use of artificial intelligence (AI).
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The Hidden Value of Untapped Ideas: Three Development Sector Approaches that Deserve a Second Look
The development challenges facing African countries – from income inequality to crippling infrastructure gaps – are huge and growing. But while tackling these issues will require innovative responses, “innovative” may not necessarily mean “new.” Aubrey Hruby at the Atlantic Council’s Africa Center explores three ideas that the development sector discarded – or never considered in the first place – which may hold the key to solving some of Africa’s biggest challenges.
- Categories
- Entrepreneurship
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What’s Really Driving Africa’s ‘Investment Frenzy’?: An Entrepreneur Responds to Investor Concerns
In her much-discussed NextBillion article about avoiding “the Africa investment frenzy,” impact investor Lauren Cochran urged entrepreneurs to forego the “growth-at-all-costs” approach to scaling and “the ego-boost of big rounds and press releases.” But Zoona co-founder Mike Quinn argues that her advice ignores a reality that many investors don’t recognize. Quinn pushes back on Cochran's argument from an entrepreneur's perspective in this compelling counterpoint.
- Categories
- Entrepreneurship, Finance, Investing
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Big Investors Need to Change the Way They Do Business: A Q&A with the GIIN’s Co-Founder and CEO, Amit Bouri
The overall impact investing market portfolio is now estimated at half a trillion dollars. So how are Asia – and specifically India – shaping up in terms of impact investment growth and development? Smarinita Shetty, co-founder and CEO at India Development Review, asks this and other questions in this interview with Amit Bouri, the CEO and co-founder of the Global Impact Investing Network (GIIN). Bouri notes that despite several new retail opportunities, it's still not enough to move the needle.
- Categories
- Investing
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Built to Scale? Growing Pains Hit Cambodia’s Businesses for Good
With the ‘Markle Sparkle’, the little-known business - which employs survivors of human trafficking and other vulnerable women to make ethically sourced, environmentally friendly jeans - exploded. However, the spotlight also created a dilemma for the young social enterprise - or business using profits for good.
- Categories
- Entrepreneurship
- Region
- Asia Pacific
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Rethinking the ‘Africa Play’: Why We Held Back from the Africa Investment Frenzy
Earlier this year, the investment committee at Blue Haven Initiative’s Ventures team raised a painful question: Did they miss the boat? As managing director Lauren Cochran explains, they'd only made one new investment at a time when the venture market in Africa was exploding. But it soon became clear that the growth-at-all-costs model other investors were adopting was never going to work in Africa. Cochran explains why investors should "forget the ego-boost of big rounds and press releases" and take a more fundamental approach.
- Categories
- Investing
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RSF-Purpose Initiative Responds to Demand for Mission-First Business Models
A grassroots global movement is emerging behind mission-first business models rooted in stakeholder governance—rather than shareholder control—and RSF Social Finance and the Purpose Foundation are collaborating to help that movement grow. Today they released a report that serves as a handbook for companies exploring alternative business structures and financing.
- Categories
- Entrepreneurship, Environment, Finance, Investing, Technology
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‘Pilots Never Fail, Pilots Never Scale’: Why the Global Development Community Needs a More Realistic Approach to Reaching Billions
We live in an era that calls for large-scale social and environmental transformation – but our standard approaches aren't working. As Lennart Woltering at the International Maize and Wheat Improvement Center sees it, we need larger systems change. He shares a new paper that argues that agricultural development should stop focusing narrowly on making an impact through specific projects, and instead transform the underlying system so new technologies can be used by millions.
- Categories
- Agriculture
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