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New Yunus Social Business Centre to be established in Malaysia
Nobel Laureate Muhammad Yunus recently signed a memorandum of understanding (MoU) with the Sunway Education Group (SEG) founder Tan Sri Dr Jeffrey Cheah endorsing the establishment of the new Yunus Social Business Centre (YSBC) at the Sunway City campus.
- Region
- Asia Pacific
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Nestlé and Ashoka advance Social Investment Accelerator Programme
Nestlé and Ashoka on Tuesday announced the commencement of a social investment accelerator programme that seeks to advance social entrepreneurship and boost economic development in Africa.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Viewpoint: Why Foundations Should Step Up Their Game In Impact Investing
“It’s not enough to build a business that is doing good in the world,” says Laurie Lane-Zucker, founder and CEO of Impact Entrepreneur. “We also need to create a business paradigm that reflects the same triple-bottom-line brain chemistry.”
- Categories
- Entrepreneurship, Investing
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Press release: Essmart raises US$1.2M in financing for scaling innovative kirana shop network
Essmart, a last-mile distribution company for socially impactful goods in India, has closed US$1.2M in financing. The round was a mix of equity, debt, and grant funding from elea Foundation for Ethics in Globalization, Partners Group Impact Verein, DEG – Deutsche Investitions- und Entwicklungsgesellschaft MBH, and Swiss Re Foundation.
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- Press release
- Categories
- Investing
- Region
- South Asia
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Refrigeration Off the Grid: Can This Technology Reduce Food Spoilage for the Billions Without Electricity?
Home refrigerators, essential appliances in much of the world, remain out of reach to over one billion people who, as social entrepreneur Quang Truong puts it, must plan their lives around eating rather than vice versa. Without access to reliable grid energy, families are not just inconvenienced – they’re also contributing to climate change as their rotting foods emit greenhouse gasses. In this post, part of our “Offline Innovation” series, Truong puts the spotlight on his Fenik Yuma cooler, which solves this dilemma through low-tech evaporative cooling.
- Categories
- Energy, Technology
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The Trouble with ‘Free’: Why Treating the Poor as Customers Works Better than Charity
Lack of access to safe water is a leading cause of illness in developing countries. Yet for years, Guatemalan entrepreneur Philip Wilson's family foundation worked to distribute free water filters across the countryside, only to see recipients repurpose them as flower pots and garbage cans. After going into the field to meet real families that were living with unsafe water, he came up with a better approach: a business model that treats the rural poor as consumers of products rather than objects of charity. He explores the reasons this model is working, and the challenges it has faced.
- Categories
- Entrepreneurship, WASH
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Your Official SOCAP18 Conference Preview – And Last Chance Discount
SOCAP, one of the premier events centered on mobilizing capital for impactful social and environmental change, is right around the corner. Set for Oct. 23-26, 2018 in San Francisco, SOCAP18 is expected to draw thousands of participants and will feature over 500 speakers from the professional impact sphere. In a preview of what's on tap, SOCAP CEO Lindsay Smalling has details on the discussions, a reconfigured format and a special last chance discount for NextBillion readers. And NextBillion will be giving away a FREE ticket to the event to one lucky reader of our weekly e-newsletter next week - subscribe by 12:00 pm EDT Wednesday, Sept. 19 for your chance to win!
- Categories
- Entrepreneurship, Investing
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Viewpoint: Are B Corps An Elite Charade For Changing The World?
Giridharadas’ thesis is a compelling critique of what he calls “MarketWorld”—a set of beliefs that have overtaken our culture with the idea that “if you really want to change the world, you must rely on the techniques, resources, and personnel of capitalism,” ignoring the possibility that capitalism itself, as it is largely practiced today, might be at least one cause of the problems we are seeking to solve.
Parent Organization
