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One of These 5 Student Ideas For Refugee Tech Will Win A $1 Million Prize
There are many reasons for student-entrepreneurs to enter this year’s Hult Prize, including the $1 million check (the most of any social good innovation contest anywhere), and the chance of standing on stage with Bill Clinton as he announces the winner this Fall. Bloomberg Businessweek has dubbed the Hult, which recognizes and develops new social enterprise ideas, “the Nobel Prize for B-schools.”
- Categories
- Education
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Don’t call her start-up a social enterprise
Just don't call it a social enterprise. It makes Woomentum founder Mouna Aouri, 42, "boil internally".
- Categories
- Uncategorized
- Region
- South Asia
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Engineering Social Impact: Being a Hardware Entrepreneur is Hard … But Worth It
There's nothing fast or easy about hardware innovation. Hardware is, well, hard. But a growing number of stakeholders in the development space see the importance of hardware-led social ventures and the impact they make in emerging markets, and they'll be especially interested in ASME's upcoming Innovation Showcase, a competition with events in in India, Kenya and the United States.
- Categories
- Social Enterprise, Technology
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Belu hits landmark figure for WaterAid
After six years of operation, Belu has annouced it has reached a landmark figure – £2m of profit has now been handed over to WaterAid, which provides clean water and sanitation in developing countries. The announcement coincides with World Water Day. The bottled water is one of the poster children for social enterprise.
- Categories
- Environment
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How Water.org ‘Took a Leap of Faith’ into Social Impact Investing
As we recognize World Water Day, Water.org is launching a $50 million fund, targeting enterprises in India, Indonesia, Cambodia and the Philippines that help the poor meet their water and sanitation needs – with a particular focus on MFIs. This seven-year fund, managed by the nonprofit's WaterEquity initiative, aims to reach at least 4.6 million people at the BoP, while offering pre-tax financial returns of 3 percent.
- Categories
- Environment, Impact Assessment, Investing, Social Enterprise
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With New Partner, Wello Rolling Down ‘the Fastest Path to Scale’
Social enterprise Wello today announced it will license sales and manufacturing of its main product, the WaterWheel, to Mumbai-based Nilkamal Limited in India and Sri Lanka. The publicly traded Nilkamal is one of Asia's manufacturers and sellers of injection mold plastic furniture and other plastic home goods. We hear from Cynthia Koenig, founder and CEO of Wello, about what the deal means not only for the for-profit company, but also for other social enterprises facing the perennial struggle of scaling their products.
- Categories
- Environment, Social Enterprise
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Saving Lake Atitlán: Women-Focused Business Provides Clean Water – and Good Jobs
After seeing that Guatemala's Lake Atitlán, where she was baptized, was contaminated, leaving thousands without jobs and clean water, Francesca Kennedy founded the social enterprise Ix Style. The company employs local female artisans to make Huarache sandals and bags, and donates 15 percent of proceeds to purchase water filters for families in Guatemala.
- Categories
- Environment, Social Enterprise
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From Beneficiary to Customer: 40K Transitions from School-building Charity to Edtech Social Enterprise
It took five years for 40K to build its first school in India. Over that time, the organization learned a lot about the key barriers that were preventing quality education from proliferating in rural areas. Over the next two years, 40K transformed from a school-building charity to an edtech social enterprise. Clary Castrission, founder and CEO, explains why, and how the transition is progressing.
- Categories
- Education, Social Enterprise, Technology
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