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Reaching ‘an Emerging Market Within an Emerging Market’: JPMorgan Chase and Omidyar back new impact fund aimed at Brazil’s middle class
Entrepreneurs who can deliver high-quality basic services on the cheap are rushing to meet the pent-up demands of Brazil’s 112 million lower- and middle-class consumers. Those entrepreneurs can tap a new source of capital: impact investors - including one backed by JPMorgan Chase and the Omidyar Network - focused on the huge population of Brazilians who make under $10,000 a year.
- Categories
- Impact Assessment, Social Enterprise
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Korean Social Enterprises Go Global
Social enterprises — businesses that prioritize human and environmental benefits equally to profits — are effective vehicles to achieve development goals as their market-based approaches bring sustainability and scalability that are essential to create long-term impact.
- Categories
- Environment
- Region
- Asia Pacific
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What Gates Foundation’s $52M Investment Says About Social Enterprise Funding
Social enterprises seeking financing face a great many hurdles that more-traditional ventures don’t have to tackle.
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- Education, Health Care
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Deutsche Bank Closes $50 Million Social Enterprise Fund
Deutsche Bank’s Global Social Finance Group today announced the closing of the Essential Capital Consortium (ECC), a five-year USD 50 million social enterprise fund, which is part of its family of social impact funds first launched in 2005.
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- Uncategorized
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Who Moved My Cheese?: A social enterprise discovers that the dairy business is harder than it looks
In a poor region of Bolivia, goat milk producers often drink their own product, for lack of a market. Pro-Milk was launched to help them make and sell cheese instead. But the company was soon undermined by challenges in its business model and region. Fundación IES, a development institution that supported Pro-Milk, tells the story in the latest post in our business failure series.
- Categories
- Agriculture, Social Enterprise
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Refugees Volunteer to Keep African Restaurant Mu’ooz Open in Brisbane
A not-for-profit Brisbane restaurant that helps female African refugees hopes volunteers and diversification will help keep the business running.
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- Uncategorized
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Press Release: Solar Expert Joins Microfinance Leader FINCA International’s Board of Directors
FINCA International, a leading microfinance organization based inWashington, D.C., is pleased to welcome Dr. Fred Seymour, a solar energy expert, to its Board of Directors. A pioneer of microfinance, FINCA is actively exploring the development of additional social enterprises that can deliver nonfinancial products and services, starting with solar energy.
- Categories
- Energy
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Social Enterprises On the Rise
A prudent man holds on to the old as long as it is good, and grabs hold of the new as soon as it is better; so goes an old adage. It's time to let go of the old and discredited handout and hand-me-down charity approach, and take hold instead of the hand-up approach to community and nation-building practised by social entrepreneurs and social enterprises. There are two outstanding men among us who are at the forefront of grabbing hold of this new paradigm; one from the public sector and the other from the private sector.
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- Uncategorized