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Could this “UBI for social enterprise” help fund business for good?
It may be a stretch to call it a universal basic income, but the Boulder-based social enterprise accelerator COMMON wants to give all its member companies a flat monthly stipend from a crowdsourced fund.
- Categories
- Uncategorized
- Region
- North America
- Tags
- accelerators, startups
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How This Entrepreneur is Creating Social Impact Through Data
Her research startup has changed the way data is collected and utilized for social schemes and programs by academics, policy makers, private stakeholders and the Indian government.
- Categories
- Uncategorized
- Region
- South Asia
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Smart Campaign Reaches Milestone with 100 Certifications in Financial Consumer Protection
The Smart Campaign, the leading industry voice on financial consumer protection, housed at the Center for Financial Inclusion at Accion, announced today that 100 financial service providers (FSPs) have attained Smart Certification, a landmark achievement in responsible financial inclusion.
- Categories
- Finance
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IIM Amedabad’s CIIE launches $25 million Bharat Inclusion Initiative
IIM-Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship (CIIE) has launched the Bharat Inclusion Initiative, with a commitment of $25 million from The Bill and Melinda Gates Foundation, Omidyar Network and Michael and Susan Dell Foundation. The initiative will focus on incubating and backing startups that work in areas such as financial inclusion, livelihood, education and health.
- Categories
- Investing, Technology
- Region
- South Asia
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Chinese investors warming up to impact investing, but regulations slowing progress
Chinese investors are showing increasing interest in start-ups with innovations that tackle energy consumption, social and climate change issues, but the main force behind such so-called impact investing remains foreign firms and supranational agencies, according to fund managers.
- Categories
- Investing
- Region
- Asia Pacific
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Why Startups Focused on Solving Social Problems Are Attracting Investors
Making public commitments to social good without action to back them up sets a dangerous precedent. Failing to follow-through diminishes credibility and significantly increases the risk of customer mistrust.
- Categories
- Investing
- Tags
- impact investing, startups
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Frontier Car Group raises $58M for its used-car marketplace for emerging economies
Frontier Car Group, a Berlin startup that has built a used car marketplace targeted specifically at countries outside of Western Europe and North America, is announcing $58 million in funding — $41 million in equity and $17 million in debt funding — to continue expanding its business into Africa, Latin America and Asia, where it has sold 50,000 vehicles since launching at the end of 2016 and is on track to do $200 million in annualised revenues per year.
- Tags
- startups, venture capital
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The Ben & Jerry of Africa: A Transformation That’s Coming Sooner Than You Think
In the last three decades, China has pulled a half billion people out of poverty, and India has pulled another half billion. It won’t be long before Africa does the same, says serial entrepreneur Luni Libes. And when it does, those 500 million new middle class consumers will want the comforts that come with a decent income – including treats like ice cream. Libes explores what this coming transformation will mean for Africa's next generation of entrepreneurs.
- Categories
- Uncategorized
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