Social Enterprise

/Tag: Social Enterprise

The Ghost Workers Powering The AI Economy

Rightly or wrongly, the AI-driven world has come to typify the woes of modern economic life, as tech giants such as Facebook and Alphabet amass vast fortunes, due in large part to the huge quantities of data that users often freely provide them. Accusations of economic imbalance tend to be multi-faceted. Not only do these companies

How This Woman Successfully Launched An Ethical Shoe Brand With Zero Fashion Experience

Ten years ago, Bethany Tran went to Guatemala and had a transformative week that would ultimately change the trajectory of her career. Her friends had started a nonprofit that was working to break the cycle of poverty in the largest urban slum in Central America. It was her first time abroad and her first real

When will the first social enterprise have a huge IPO?

In a year where we have already seen Uber, Lyft, and Zoom go public, as well as African e-commerce platform Jumia, it’s clear that 2019 is shaping up to be the year of the tech IPO. These tech IPOs are going to mint hundreds of new millionaires and the occasional billionaire. Many of these newly

Social innovation in emerging Europe

Social innovation is now widely recognised as having the ability to enhance society’s capacity to act by turning social and economic challenges into opportunities. The global map of social innovation initiatives reveals countless approaches and successful stories which show the strength and potential of social innovation in many areas, not least education and poverty reduction,

Changemakers: social enterprise pioneer offers a green light out of poverty

How do you measure poverty? Ask Martín Burt, founder of deprivation-busting programme Poverty Stoplight. The model is now used in 27 countries around the world, using in-depth questionnaires and a traffic light system to help families pull themselves out of poverty. The Stoplight has been used by 120,000 households across the globe, and Burt is keen

Rise of the social enterprise and the future of work

What does it mean to be future-ready? What are the tangible changes that will take place in the workforce and workplace that HR needs to be ready for? What are the right questions to ask to help us reimagine the future of work? Finding the answers to these questions is no easy task, but the

How a Berlin startup is feeding 40,000 people a day

Two things struck Sebastian Stricker back when he used to work for the UN World Food Program: how little it cost— just 40 euro cents—to feed a child in a developing country for a day, and that there are still hundreds of millions of kids suffering from severe hunger. “At the same time, there were

Easing ‘classroom crisis’ in Côte d’Ivoire, brick by (plastic) brick

“This factory will be at the cutting edge of smart, scalable solutions for some of the major education challenges that Africa’s children and communities face,” said UNICEFExecutive Director Henrietta Fore. “Its potential is threefold: more classrooms for children in Côte d’Ivoire, reduced plastic waste in the environment, and additional income avenues for the most vulnerable families.”

This is what is still holding social entrepreneurs back

In an increasingly polarised world, obtaining 100% agreement for anything seems impossible. Yet, in our survey of leading social entrepreneurs across the world, 100% of respondents agreed on one point. Every social entrepreneur said they would do it all over again, despite: • 75% reporting use of personal funds to support their social enterprise •

To Survive As A Social Enterprise, Purpose Has To Come Second

In 2012, Anna Robertson asked herself a question that many young people working in international development ask, “Who benefits from these programs?” She was working in Ghana on behalf of the Australian Government and was seeing a lot of money move from Government to Government. She was seeing a lot of “box ticking”. But at

When Green Infrastructure Is an Anti-Poverty Strategy

Cully, a neighborhood in Northeast Portland, is among the most ethnically diverse in Oregon. It is also marked by poverty, rapid gentrification, and inequitable access to quality public infrastructure. Many green infrastructure project teams flounder when trying to couple social justice with their environmental goals, but in Cully green infrastructure provision is linked explicitly with

Promoting social enterprise is a developmental advantage

Could the answer to development and other thematic issues in the global south be solved by social enterprise? The increase of small and large business corporations in the global south especially in Africa is evident in the variety of goods and services provided. The thematic issues surrounding development are complexly intertwined. The precarity of the monumental

Breaking The ‘Triple Glass Ceiling’ For Women In Social Enterprise

“I would encourage people to look at the wonderful work of women in social and environmental enterprises have created and learn from their journey.” Empowering women and achieving gender equality are not only moral imperatives, they are crucial to creating inclusive, open, and prosperous societies. Yet the barriers to doing so are daunting. The UN’s Sustainable

In Hong Kong, the man with a novel solution to its housing, poverty issues

HONG KONG: He was visiting the homes of the underprivileged when he met a mother and son living in a unit in a building waiting to be redeveloped. “The son was doing his homework, and I noticed that behind him, water was dripping. It had a foul smell, like sewage … The mother was mopping

5 Examples of Social Entrepreneurship in Developing Countries

Today, social entrepreneurship is growing rapidly in size, scope and support. An unprecedented number of organizations are using entrepreneurship as a strategy to address social problems like poverty, at-risk youth and hunger. Social entrepreneurs are developing creative and innovative organizations that give people the tools, education and resources to become an entrepreneur. As entrepreneurs, they

How waterless toilets can make a splash

Twenty-eight-year-old Jenifer Colpas is Chief Executive Officer and Co-Founder at Tierra Grata. It is a social enterprise that sets out to address the need for basic energy, water and sanitation services in Colombia. Her team trains women in good water and sanitation practices. They install low-cost bathrooms with ecological toilets that do not require water, saving

How to Deploy Tech Solutions to the World’s Greatest Challenges at Scale

“Build a better mousetrap, and the world will beat a path to your door,” argued Ralph Waldo Emerson, the 19th century US lecturer, philosopher, and essayist. In other words, if scientists and engineers invent a better solution to something, scaling and deployment will happen automatically. Although Emerson was writing in the 19th century, we are

Corporate purpose requires a mindset shift

Tough talk is over for responsible business. With big issues such as climate breakdown, plastic pollution and modern slavery making headlines every day, surely the time to act is now? According to Dr Wayne Visser, professor of integrated value and sustainable transformation at Antwerp Management School, the question is not whether companies act, but how. “It matters whether their responsible

This Coffee Company Offers The Homeless Job Training, A Way Out Of Poverty

London has seen a growing number of homeless people on its streets in the past decade, a troubling trend that didn’t escape Cemal Ezel when he was eager to start a business with a social mission. The familiar plea for money from the homeless was like a knock on his conscience. “I don’t know what

Disruptive Start ups Are Key For U.K. Growth

Less than 5 % of university graduates launch their own business after graduating from university, according to the latest data from HESA (the Higher Education Statistics Agency). This isn’t surprising given many graduates are keen to secure a stable income after their university years, rather than ‘go it alone’. But start ups have a vital part