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Halting Human Contact: How Social Enterprises Are Rethinking Their Business Models During COVID-19
Lockdowns across the world. Social distancing, isolation and quarantine commonplace. What does that mean for social enterprises that usually work directly with vulnerable people and rely on face-to-face communication? We spoke to social entrepreneurs in the UK, Turkey and South Africa to find out how they're taking on the challenge.
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- Uncategorized
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Press Release: FINNOVATION Lab Continues “Force For Good” Mission: Open Applications for Cohort 3 Social Impact Entrepreneurs
Nine individuals will be supported by a $50,000 stipend, workspace, and tailored curriculum to focus on turning their bold ideas into impact businesses.
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- Uncategorized
- Region
- North America
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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.
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- Uncategorized
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- Sub-Saharan Africa
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Visa Champions a New Decade for Women’s Empowerment
Kicking off Women’s History Month, Visa today announced two new partnerships bolstering the company’s commitment to women’s economic empowerment. Hand In Hand International and IFundWomen will join Visa to help provide both educational resources and funding for women entrepreneurs around the globe to help them build and grow their businesses. The global rate of female entrepreneurship has been increasing more quickly than that of male entrepreneurs, with more than 250 million women around the world engaged in entrepreneurship.
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- Uncategorized
- Region
- South Asia
- Tags
- philanthropy
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Senegal’s New Start-Up Laws to Favor Women Entrepreneurs
According to the project manager at Senegal’s $50 million state fund for start-ups, Thierno Sakho, the law will unleash the talent of young entrepreneurs to have a real social impact.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- public policy, startups
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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.
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- Social Enterprise, Uncategorized
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Women Entrepreneurs in India May Help Create up to 170 Million Jobs by 2030
Unlocking entrepreneurship among women in India is a complex effort, but provides an unprecedented opportunity to change the economic and social trajectory of the country and its women for generations. This will drive tremendous job creation and also deliver transformational social and personal outcomes for women, said Chawla.
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- Uncategorized
- Region
- South Asia
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- employment
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Sizing the ‘Grey Economy’: Using Geospatial Data to Uncover the True Extent of the MSME Sector in Emerging Markets
The micro, small and medium enterprise (MSME) sector is a major employer in many emerging economies – but exactly how big? And how many jobs is it producing? According to Obert Maposa at FinMark Trust, those are hard questions to answer – but advancements in technology and geospatial data modeling are improving our understanding of the sector. He explores how FinMark Trust has leveraged these tools in Malawi, and why the model holds promise for other countries.
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- Uncategorized
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- business development, data, MSMEs, research