Programmes such as Sida’s Innovations Against Poverty (IAP) are a learning journey for donors as much as it is for the businesses they are supporting. So as much as there are insights for business, there are lessons for donors and grant makers as well. Here are five top lessons for donors that emerged from IAP:
1. Embrace risk and be patient
These lessons are so well documented from other programmes that they are almost mantras: don’t be risk averse, be patient, expect…Continue
Added by Suzanne Dagseven on March 10, 2014 at 7:19 — No Comments
Think technology get solution
Added by Md. Rafiqul Islam Faruki on March 10, 2014 at 2:51 — No Comments
Earlier this year, The RegCharles Foundation embarked on a journey to empower 400 women in 4 local communities in Lagos, Nigeria, as part of our social impact investing focus on female empowerment through entrepreneurship.
It has been a very remarkable journey so far, and we will like to share the experience as we celebrate 2014's International Women's Day.
In Badagry, a small sleepy town on the border between Nigeria and Benin Republic, we have…
One of the highlights of this year’s upcoming Sankalp summit in India – the Sankalp Unconvention Summit 2014 – is a new, exciting initiative that will bring together innovative, small and growing social enterprises from around the world on one platform. From our experience of running what has come to be the largest platform for social enterprises in the world, we recognize the importance of innovation,…Continue
Added by Meenakshi Kishore on March 7, 2014 at 11:30 — No Comments
What better way to celebrate Women's Day on the Practitioner Hub than by showcasing some inspiring people and inclusive businesses that are giving women agency at the base of the pyramid.
This story about one man's mission to ensure women in rural India have access to cheap, sanitary pads is truly incredible. Arunachalam Muruganantham risked everything to figure out how he could improve the menstrual…Continue
Added by Lara Sinha on March 7, 2014 at 10:30 — No Comments
By Melina Heinrich, Donor Committee for Enterprise Development Secretariat
How to demonstrate additionality in a credible way is a question that many agencies providing direct support to business investments are grappling with. In case you are wondering, additionality is defined as “the extent to which an activity (and associated results) is larger in scale, at a higher quality, takes place quicker, takes place at a different location, or takes place at all as a result of a…Continue
Added by Melina Heinrich on March 5, 2014 at 17:47 — No Comments
In February 2014, MitiMeth had the opportunity to partner with FACE Initiative (www.faceinitiative.org) in training 40 enthusiastic Daughters of the Niger Delta (www.daughtersofthenigerdelta.com) to make handicrafts from invasive water weeds. The…Continue
Added by Achenyo Idachaba on March 4, 2014 at 14:35 — No Comments
By Jeff Hall
In Gisenyi, a border town in the north west of Rwanda, a Social Benefit Company called Inyenyeri (http://inyenyeri.org/) is quickly growing into a significant 'game changer' in both environmental and health arenas. Inyenyeri provides households with an efficient, affordable and clean alternative to cooking with firewood or charcoal.
I visited Gisenyi in early January 2014 and spent an afternoon with the founder, Eric Reynolds. …Continue
Added by Jeff Hall on March 1, 2014 at 7:25 — No Comments
New opportunity for Social and Environmental Entrepreneurs: Apply now for the SEED Awards 2014
Submission deadline: 8 April 2014
The emergence of the green economy and social and environmental entrepreneurship is now viewed more broadly as a road to economic development. By integrating social and environmental benefits in their business model, entrepreneurs at the grassroots can provide promising solutions to local sustainable development issues, including…Continue
Added by Anais Mangin on February 28, 2014 at 16:09 — No Comments
This is an edited excerpt from a CBC interview with Ashley Good, the CEO of Fail Forward.
Most people have very instinctive, emotional reactions to failure. We need to be able to separate ourselves from the emotion and reframe the way we assess failure in order to learn from it and move forward. This is especially important for entrepreneurs since often their egos are tied to their work. So in times of failure, it’s not just a failed activity or failed idea, it’s…Continue
RegCharles Foundation has partnered with Dealdey Ltd, an online retailer company offering deals on product and services to the general public through a dedicated online shopping portal at www.dealdey.com, on an Inclusive Business Programme to introduce small retail micro-entrepreneurs into its value chain.
RegCharles Foundation, is the not-for-profit arm of the RegCharles Group, which focuses on youth and female empowerment through…Continue
Added by Fortune Odjugo on February 21, 2014 at 17:33 — No Comments
Since we started Emerging Cooking Solutions, we've always based our work not only on the introduction of clean-stoves, but also on the premise that it is equally important to replace the unsustainably produced charcoal. Our whole endeavour rests on the premise that with enough customers, it makes good business sense to focus on the fuel.
Though not yet at break-even we are getting many indications that our assumptions were correct.…Continue
The Mushroom Training and Resource Centre (MTRC), local partner of IAP supported company Fullwell Mill, has undertaken a number of initiatives between May and December 2013 to improve skills and scale up production. The success of these initiatives demonstrates the importance of capacity building and partnerships when running a…Continue
Added by Ian Morris on February 20, 2014 at 11:00 — No Comments
A professor at Columbia Business School writes a book that turns conventional notions of business strategy upside down. The book does not mention inclusive business, but the relevance is clear. Inclusive businesses are part of the new generation of businesses, but have more to learn.
Professor Rita McGrath proposes key characteristics of firms that can compete in today’s fluid fast-paced markets: some characteristics are already common in inclusive business, while others are useful…Continue
Added by Editor's Choice on February 20, 2014 at 0:30 — No Comments
The Business Innovation Facility (BIF) and Innovation Against Poverty (IAP) programmes support inclusive businesses. With a development angle, inclusive businesses are unique but like other types of businesses, you can be sure that things will not to always go to plan due to a myriad of factors. They are not exempt from stalling or even failing. In fact, it can be said that, because of their focus on the base of pyramid where opportunities tend to be unexplored and unproven, they have a…Continue
Added by Andrew Chishiba Kambobe on February 19, 2014 at 16:00 — No Comments
When it comes to starting a social enterprise, things rarely go to plan. This was the key finding in our review of the Innovations Against Poverty (IAP) portfolio last year, and is echoed in the recently released Business Innovation Facility (BIF) findings. …Continue
Added by Suzanne Dagseven on February 18, 2014 at 23:25 — No Comments
This blog is the last in the Sankalp Africa series that was originally posted on Next Billion. It is written by Nathan Gamester, Programme Director for the Legatum Prosperity Index.
The question is not which narrative is true, but which will win?
Is Africa rising or falling? Over the last 50 years, the answer…Continue
Added by Practitioner Hub on February 12, 2014 at 9:00 — No Comments
Inclusive Business Sweden and Sida are pleased to invite you to an afternoon of inspiration and innovation where we explore the opportunities associated with one of the fastest-growing markets of today – the 4 billion poor at the base of the pyramid.
The world’s poor have immense buying power and entrepreneurial capability and need to be seen as consumers, producers and…Continue
Added by Carolina Olson on February 11, 2014 at 10:30 — No Comments
By Kanika Kumar and Dipika Prasad
In our ongoing series with NextBillion, we have explored the Africa-India Innovation Transfer and shared our …Continue
Added by Dipika Prasad on February 11, 2014 at 8:00 — No Comments
By Kanika Kumar and Dipika PrasadContinue
Added by Dipika Prasad on February 7, 2014 at 17:00 — No Comments