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How and Why Your Business Should Support Social Impact
An astounding 94 percent of consumers are likely to switch brands to one that supports a cause. Social impact is becoming more relevant in today's business world, and we are quickly realizing that the business of impact is the business of the future. And like many other social entrepreneurs leading the way in this space, it is important that we encourage all businesses to build a higher purpose into their model so that the most effective organizations in the world can also positively impact humanity in a major way.
- Categories
- Impact Assessment
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Meet Rangan Srikhanta, the Former Refugee Who Wants to Change the World One Laptop at a Time
He came to Australia barely two months old with his family fleeing war in Sri Lanka. Now 31, the Tamil migrant with a broad Aussie accent acquired in Homebush, NSW, wants to give back.
- Categories
- Impact Assessment
- Region
- South Asia
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The Slippery Slope of Impact Investing
Impact investing is hot right now. The meteoric rise of social enterprise is shaking the foundations of the nonprofit sector, and traditional investors are starting to pay attention. There are more than $46 billion worth of impact investments currently under management, and a total projected market potential of up to $45 trillion. Though we’re not yet mainstream, we are on way.
- Categories
- Impact Assessment
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Weekly Roundup – 2/20/15: A Turning Point in the Evolution of Microfinance?
There has been plenty of research questioning the social impact of microcredit. But the latest studies in the American Economic Journal feel far more momentous. Conducted by prominent poverty researchers, and covering six countries on four continents, they consistently undermine the sector’s core social impact claims. NextBillion will cover the Feb. 27 event on the research and the path ahead.
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- Education, Environment, Impact Assessment
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Ontario to Invest $4M in Businesses With Social Conscience
Premier Kathleen Wynne says the Liberal government is putting up $4 million to finance 11 socially conscious enterprise projects across the province.
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- Impact Assessment
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Disease-fighting Data: In Sierra Leone, tracking Ebola’s economic impact
Bad information has been problematic during the Ebola outbreak. As a result, IPA has been collecting data on the economic impacts of the crisis and is working on piloting and evaluating an electronic contact-tracing system that could substantially improve efficiency and reduce Ebola transmission rates.
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- Health Care, Impact Assessment
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Press Release: Afaxys Pharmaceuticals Partners with Project Ruby to Bring Affordable Contraceptives to Women Worldwide
Afaxys Pharmaceuticals, a division of Afaxys, Inc., is proud to announce a first-of-its-kind partnership with Project Ruby (PRJKT RUBY), an innovative online platform, to bring affordable contraceptives to women in the United States and the developing world.
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- Health Care, Impact Assessment
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Reshaping a Narrative as Canada’s Community Foundations Move Into Impact Investing
After decades of existing primarily to distribute grants, many of Canada’s 191 community foundations have been wading into a new kind of financial activity, impact investing. The shift encompasses exploring deep questions about their reason for being and how they are/should be showing up in the world.
- Categories
- Impact Assessment
- Tags
- impact investing
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