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Five Ways Impact Investors Can Deal With the COVID-19 Dilemma
The coronavirus isn’t just affecting social businesses and charities – it’s also a concern for those investing in them, who may face reduced income themselves and an uncertain pipeline. How can they best respond, in a way that lives up to their role as true impact investors? Sung-Hyui Park and Louise Harman from UK law firm Bates Wells share insights from a recent discussion with social investors.
- Categories
- Coronavirus, Investing
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Unicorns vs. Camels: Three Lessons for Building Resilient Businesses – Despite the COVID-19 Crisis
As COVID-19 continues to transform the global economy, many businesses are shifting towards safety and longer-term thinking. But as Alex Lazarow at Cathay Innovation points out, many social entrepreneurs have been building sustainability and resilience into their business models from day one. He contrasts the approach of these "camels" to the growth-at-all-costs model common among "unicorns."
- Categories
- Coronavirus, Entrepreneurship
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Why the George Floyd Protests Won’t Change the World – Unless They Change White People
The George Floyd protests have sparked calls for solidarity – from the business sector and individuals and governments around the world. But NextBillion editor James Militzer argues that it’s easy to issue a supportive statement or make a modest CSR commitment to diversity – but it’s a lot harder for those with power and money to make the sacrifices necessary for lasting change.
- Categories
- Entrepreneurship, NextBillion Originals
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Tech for Good During COVID-19: Snorkels, Thank You Notes and Headspace
Everyone is living a different pandemic right now. Your relationship with shelter-in-place mandates and social distancing can look wildly different depending on your profession, age, health and, often, privilege. It’s why a week of monotony for some of us might mean a week of madness for others. The best we can do, as exhaustion and Zoom fatigue sets in, is try to be patient, kind and thoughtful.
- Categories
- Coronavirus
- Tags
- coronavirus, EdTech, health, pandemics, social business
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Fragile Futures for Hidden Workers When Consumers Stop Buying
Now, since the COVID-19 lockdown, the home-based workers in this Meerut community are completely without income. Customers aren’t buying beaded jewelry and garments. Orders have stopped, while finished products sit in warehouses across India, Europe, and the United States.
- Categories
- Coronavirus
- Region
- South Asia
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Moving Past Traditional Philanthropy: A Q&A with Enterprise Development Pioneer Frank Giustra
Earlier this year, the Clinton Giustra Enterprise Partnership announced that it was spinning off from the Clinton Foundation, where it had been an initiative since its founding in 2007. The independent organization, now called Acceso, works to build businesses and connect them to the broader marketplace – particularly in Latin America. Its founder, Frank Giustra, discusses its new focus and ongoing work in this Q&A.
- Categories
- Agriculture, Entrepreneurship, Investing
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Sell Benefits, Not Features: Why Social Enterprises’ Marketing Shouldn’t Focus on Their Impact
Social enterprises tend to put their positive impact at the center of their marketing efforts – after all, that's the passion behind their business. But according to storytelling strategist Menno Moffitt de Block, there's a problem with that approach: Many people may care about this impact, but few care enough to change their purchasing decisions because of it. He explains why these businesses should focus primarily on their benefits to the customer – not their social impact.
- Categories
- Entrepreneurship
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Press Release: Acceso, Formerly CGEP, Announces Its Transition Into a New, Independent Entity to Advance Its Work of Lifting Small Producers out of Poverty Through Market-Driven Social Enterprise
Acceso’s current focus remains building, managing, and scaling agribusinesses in Latin America and the Caribbean to sustainably lift farmers and fishers out of poverty, and identifying opportunities for future replication.
- Source
- Press Release
- Categories
- Agriculture, Entrepreneurship
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