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Enterprise in the Time of Coronavirus: How NextBillion and the Businesses We Cover Are Responding to the Pandemic
As the coronavirus pandemic spreads around the world, it will have an immense impact on emerging markets communities and the businesses that serve them. So we wanted to take a moment to explain how NextBillion will be responding to these extraordinary times. We’re instituting a number of measures that will affect our coverage of coronavirus and other topics in the coming months.
- Categories
- Coronavirus, Entrepreneurship, Health Care, NextBillion Originals
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If Given $100, Half of Young Africans Would Use It to Start a Business, Survey Says
Social entrepreneurship was also a popular theme among young people in Africa, according to the survey, with 63% saying that their idea for a business or social enterprise would benefit those living in their community.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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‘Failing to Win’ as a Social Entrepreneur: A Q&A with Zoona Co-Founder Mike Quinn
Mike Quinn had no savings when he co-founded Zoona in Zambia in 2009. He also had $50,000 in student debt. During an early cash crisis, he had to ask his retired parents to mortgage their house and wire him $100,000. Yet he and his co-founders built Zoona into one of Africa’s first fintech success stories before Quinn stepped away last year. In this Q&A – the first in our series “The Untold Stories of Social Entrepreneurs” – he discusses the lessons he learned from Zoona’s successes and failures.
- Categories
- Entrepreneurship, Finance, NextBillion Originals
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Microsoft Launches Entrepreneurship Program Targeted at Social Entrepreneurs
According to Microsoft, the criteria to qualify for the program include a business metric that measures the impact on an important social or environmental challenge; having an established product or service that will benefit from access to enterprise customers; and a commitment to the ethical and responsible use of artificial intelligence (AI).
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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: Executive Director of Miller Center for Social Entrepreneurship Leaving to Join Executive Leadership Team of New Impact Enterprise Entity
After nearly 10 years leading Santa Clara University’s Miller Center for Social Entrepreneurship, Executive Director Thane Kreiner will be leaving April 30 to join a new impact enterprise as a founding team member.
- Categories
- Education, Entrepreneurship
- Region
- North America
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A Future Beyond Short-Term Profit: A Movement Builds for Mission-First Business Structures
Business as usual is not working to solve major world problems—in many cases it’s actually causing them, due to flaws built into the foundation of conventional business and investing structures. Jasper van Brakel of RSF Social Finance discusses how this realization is sparking a grassroots global movement behind mission-first business, rooted in stakeholder governance and seeking profit as an engine for creating social, cultural and ecological good.
- Categories
- Entrepreneurship
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Climbing the Tech Adoption Mountain: Seven Ways Nonprofits and Social Enterprises Can Leverage Technology for Greater Social Impact
Nonprofits and for-profit social enterprises now benefit from a vast array of technological innovations – but they often struggle to implement them. Devon Ferreira at Originate shares insights from some of the leading minds in the nonprofit and social enterprise world, about how impact-focused organizations can adapt to the challenges – and leverage the opportunities – of new technologies.
- Categories
- Entrepreneurship, Technology
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