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Something Doesn’t Add Up: Improving Basic Math Skills Among Microentrepreneurs in Rural India
Running any business requires a basic knowledge of arithmetic. Entrepreneurs need to calculate change due on a sale, profits and loss, commissions on product sales, and interest rates on loans. If they can't, their business will likely struggle. As part of a study to identify whether basic math skills contribute to entrepreneurial success in rural India, Madura Microfinance assessed the numerical capabilities of microentrepreneurs. The results were surprising – and somewhat alarming.
- Categories
- Education
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Adding the Secret Sauce: The Recipe for Turning Young Social Entrepreneurs into Impactful Leaders
Six years ago, Alanna Sousa couldn't even pronounce the word 'entrepreneurship,' but she soon fell in love with social entrepreneurship. Sousa recounts her journey from naively opening a 'consultancy for social impact' in her native Brazil to learning the importance of mentoring and coaching for success in the social business sector. She now works for the Global Good Fund, which trains young entrepreneurs to tackle urgent social problems.
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- Uncategorized
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Shortlist Raises $1 Million in Seed Funding to Help Employers Discover Untapped Talent Across Africa and India
Employment tech startup Shortlist today announced $1 million in seed funding from US-based private equity firm University Ventures, Indian angel investor Samir Shah of Sattva Capital, Kenya-based seed fund Zephyr Acorn, global impact investor FARM Ventures, and US- based investor Bodley Group.
- Source
- Press Release
- Categories
- Technology
- Region
- South Asia
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Transforming Waste Management, and Waste-Pickers’ Prospects, in Bengaluru
In February, Ennovent Global's Impact Investment Holding invested in Hasiru Dala Innovations, a Bengaluru-based company offering waste management services. The firm's initiatives, centered on the circular economy principle, provide waste management and urban gardening services and products, and also help ensure the livelihoods of waste-pickers, improve facilities for Bengaluru residents and divert over 90 percent of waste from landfills.
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- Environment, Investing, WASH
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Entrepreneurship is a Skill, Not a Talent: The Power of the Group-Based Graduation Model
Village Enterprise implements a cost-effective, group-based, one-year graduation program for rural Africans who live on less than $1.90 per day. The organization believes that entrepreneurship is not just for the naturally business-minded, it's a skill like leadership or teamwork that can be fostered and learned. Its aim, therefore, is to unlock the potential of those who are entrepreneurs by nature and instill the skills of entrepreneurship in those who are not.
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- Social Enterprise
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The Other Capital in Impact Investing: Why Human Capital May Matter More than Money, and What Investors Can Do About It
Money is not enough for impact businesses to succeed, according to Paul Breloff of Shortlist; they need an answer to their human capital challenges to unlock their world-changing potential. Here he discusses why human capital matters, why it's being under-supported by impact investors and what it will take for more investors to see it for what it is – an area of great opportunity.
- Categories
- Investing, Social Enterprise
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Rural Knowledge Meets Tech Innovation: What Ultra-Poor Entrepreneurs Can Teach the World
What happens when Barefoot College, a global NGO which trains entrepreneurs in poverty-stricken rural areas, melds its expertise and values with tech innovators like Apple? It sparks the emergence of a new kind of entrepreneur who has much to teach the world, says Scot Bolsinger – along with new opportunities for rural communities to share and connect in ways never before possible.
- Categories
- Education, Technology
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New Job Board Feature – FREE Access to NextBillion’s 100,000 Twitter Audience
NextBillion's job board is one of the most active career resources in the social business and global development space – and it's one of the most popular features on the site. We're making it better by tweeting out all new job posts to our fast-growing Twitter audience of approximately 100,000 – for free. To post a job ad, or find a career with impact, visit the job board today.