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We need solutions that can be scaled up, and that too across diverse regions: Shrikant Sinha
Nasscom Foundation chief Shrikant Sinha talks about why he believes scalability is more important than pure innovation and how technology-led innovations can help India transform.
- Categories
- Impact Assessment, Technology
- Region
- South Asia
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‘Ready, Steady, Scale!’: A Practical Tool to Assess Your Social Business
To scale in base-of-the-pyramid markets, social ventures need to learn to operate and grow in complex, uncertain and resource-limited markets, and become highly adaptive to market and social context. That's why the MIT Practical Impact Alliance developed "Ready, Steady, Scale!" It's a guide to help inclusive business practitioners better understand their organization’s readiness for scale and to clearly identify opportunities for improvement.
- Categories
- Entrepreneurship
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Full Financial Inclusion in India? How the ‘JAM Trinity’ Can Help Businesses Make it a Reality
Changes in India’s financial inclusion ecosystem in the past 10 years have increased access, writes Prabhat Labh, CEO of Grameen Foundation India, but that's only part of the equation. More must be done to ensure poor families can actively use these services. Fortunately, the JAM trinity – Jan Dhan accounts, the Aadhaar ID system and mobile technology – has enabled completely new business models that scale processes for customer acquisition.
- Categories
- Entrepreneurship
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How Flexible Financing, Solar Panels and Data Could Be Key to Financial Inclusion
With over 1 million units installed in the past four years, the PAYGo financing model is already unlocking significant growth for the off-grid solar industry. But the sector also faces formidable challenges. FIBR, a project by BFA in partnership with Mastercard Foundation, is exploring ways PAYGo solar can leverage data to make better point-of-sale decisions, customize product offerings, engage and retain agent networks, inform future follow-on products, and build linkages with other financial service providers.
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The Future of the Graduation Approach: Taking a Proven Anti-Poverty Measure to Scale
How can the "graduation" approach to fighting extreme poverty achieve a scale commensurate with extreme poverty itself? Increasingly, the answer is to embed graduation within government-run social protection programs that already operate at massive scale. MetLife Foundation's Krishna Thacker explores why the approach works, and how innovative organizations are taking it to the next level.
- Categories
- Education, Entrepreneurship
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Development Engineering: Scaling Tech Solutions from Ideation, to Pilot … to the World?
Scaling technologies that promote economic development is challenging. That's why UC Berkeley established the Development Impact Lab. Natasha Beale, the lab's manager, discusses the concept of "development engineering" and gives examples to illustrate that large-scale impact is indeed possible with the right mix of targeted funding, technological innovation and rigorous field work.
- Categories
- Education, Technology
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Looking For the Next Big Thing: New Partnership Builds Fintech Ecosystems in Four Emerging Start-up Markets
A new partnership between Village Capital and MetLife Foundation seeks to build the fintech ecosystems in four emerging start-up markets: Poland, Turkey, the United Arab Emirates and Ukraine. The idea is to find, and then support, entrepreneurs working specifically in fintech who have the potential to solve real-world problems.
- Categories
- Technology
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Press Release: Calvert Foundation Announces Capital Aggregation Investment Business
Calvert Foundation today announced a new business line, Capital Aggregation, which expands Calvert Foundation's existing services to more actively aggregate and facilitate capital to meet the evolving needs of the communities they serve.
- Categories
- Investing
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