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social enterprise

Innovation and Enterprise: A Driving Force for Social Impact

Adarsh Desai's picture

Traditionally innovation and entrepreneurship are seen as drivers of jobs and competitiveness, however we think it can also be an important driver of inclusiveness and social development.

We see how private actors are driving social development – the example of the Development Marketplace and its spin-off Social Enterprise Innovations program demonstrate the potential for scaling inclusive businesses, grassroots innovations and social entrepreneurship to solve development challenges like sanitation, clean water, early childhood nutrition, health-care services, and many more. We have examples in our portfolio of how social enterprises are delivering low cost TB treatments in poor communities, delivering clean water to urban and rural poor, and offering education opportunities to girls.
 

Ensuring the End User is at the Core of a Business Model: Why I Chose to Be a Social Enterprise

Dr. Parveez Ubed's picture

There is a perfect start, there is a less than perfect start and there is an imperfect start. As a social entrepreneur, the thing I have learned is that it pays to START- even if it’s less than perfect or imperfect.

So, there I was, I had left my job, had no savings, but kept people like Bonti in my mind. But, I had no idea how, or even where to start. 

Eye Research Center (ERC) Eye Care was officially founded in the summer of 2011. With the generous help of my mother, we were just one clinic – in her kitchen – in the heart of the city. Although we had a strong mission, we quickly realized that to the outside world, there was nothing to differentiate us from other ophthalmic clinics spread across the city. But what exactly was ERC Eye Care? We had initially set it up as a sole proprietorship, as it was the cheapest and easiest registration process, but we weren’t strictly a for-profit business. Were we a NGO? Or were we something else entirely?

Pitfalls and Stumbling Blocks: The Challenges of Being a Social Enterprise

Dr. Shelly Batra's picture

In 2005, I took a strategic decision. Much as I loved surgery, I shifted my focus to Tuberculosis, (TB). While I faced criticism and jeers from my colleagues and other NGOs, I quickly realized my next challenge. In order to deliver crucial, life changing services – TB or otherwise – one has to work with the government.

Collaborating to Support Small-Scale Innovations to Scale: Sankalp Africa and Global

Cristina Navarrete Moreno's picture

Fostering partnerships, relationships and collaboration is crucial to “opening the door” to scaling innovative solutions from social entrepreneurs that help people around the globe pull themselves out of poverty. This was the resounding message that came out of the 2015 Sankalp Africa Summit, held in Nairobi, Kenya on February 5 and 6.
 
During the course of the two days, nearly 700 participants from 30 countries came together  in Nairobi for learning sessions, networking opportunities, and idea sharing all to help end extreme poverty.
 
Over the years, the World Bank Group’s Development Marketplace has worked with hundreds of social entrepreneurs around the globe. Through our multifaceted process, we have surfaced and supported hundreds of social entrepreneurs, however, we have come to realize that while financial and capacity support and learning opportunities are crucial in helping these social businesses thrive, it is equally important to support and foster networking and public private dialogue opportunities among relevant actors. The challenges in poverty reduction are difficult to say the least. But, when we come together, we can solve the challenges ahead of us.

The Sankalp Africa Summit or similar learning and networking conferences/events allow social entrepreneurs, the World Bank Group, impact investors, foundations, government officials and other players to come together to share concerns, ideas, and joint solutions to the most important development challenges. During one of the sessions led by the Development Marketplace, I was able to sit on a panel with Tim Chambers, co-Founder of Enterprise Projects Ventures Limited. Speaking to and presenting with Tim, I was inspired by his innovation, but more importantly he taught me through a real life example how partnerships and collaboration are a must in scaling innovations. Let me share a bit of Tim’s story with you:

Weekly Wire: The Global Forum

Roxanne Bauer's picture
These are some of the views and reports relevant to our readers that caught our attention this week.
 

The Mobile-Finance Revolution
Foreign Affairs
The roughly 2.5 billion people in the world who live on less than $2 a day are not destined to remain in a state of chronic poverty. Every few years, somewhere between ten and 30 percent of the world’s poorest households manage to escape poverty, typically by finding steady employment or through entrepreneurial activities such as growing a business or improving agricultural harvests. During that same period, however, roughly an equal number of households slip below the poverty line. Health-related emergencies are the most common cause, but there are many more: crop failures, livestock deaths, farming-equipment breakdowns, even wedding expenses.  In many such situations, the most important buffers against crippling setbacks are financial tools such as personal savings, insurance, credit, or cash transfers from family and friends. Yet these are rarely available because most of the world’s poor lack access to even the most basic banking services.


Mozilla plans '$25 smartphone' for emerging markets
BBC Technology
Mozilla has shown off a prototype for a $25 (£15) smartphone that is aimed at the developing world. The company, which is famed mostly for its Firefox browser, has partnered with Chinese low-cost chip maker Spreadtrum. While not as powerful as more expensive models, the device will run apps and make use of mobile internet. It would appeal to the sorts of people who currently buy cheap "feature" phones, analysts said. Feature phones are highly popular in the developing world as a halfway point between "dumb" phones - just voice calls and other basic functions - and fully-fledged smartphones.

'Tata Social Enterprise Challenge' to Support India's Best and Brightest

Kirsten Spainhower's picture

The Tata Group, in partnership with the Indian Institute of Management Calcutta (IIMC),has launched the ‘Tata Social Enterprise Challenge’, a quest to find India’s most promising social enterprises. The goal of the challenge is to create an ecosystem for social entrepreneurship and encourage sustainable, scalable and measurable social impact. Selected social entrepreneurs will be offered mentorship support, funding opportunities and an opportunity to be incubated at IIM Calcutta’s Incubation Centre

Teams who either have an early stage venture (not older than 3 years) or a promising idea with a plan that can create sustainable social impact can submit their business plans online by logging onto http://www.tatasechallenge.org.

BBC: Social Minded Business trying to Grow in Egypt

Kirsten Spainhower's picture

Find out more about the social enterprise movement in Egypt. This timely piece from BBC that features some exciting social enterprises ranging from roof-top gardening to paper made from recycled agriculture waste.

Development Marketplace partners, Iman Bibars from Ashoka and Magdi Amin from the International Finance Corporation (a co-sponsor of the upcoming Egypt DM) highlight important barriers blocking the movement's growth and hindering its ability to keep pace with demand for improved goods and services to the poor.

Social minded business trying to grow in Egypt 

Beyond Hero Worship

Jill Richmond's picture

Julie Battilana of HBSSupporters of social entrepreneurship often cite examples of “heroes” who have successfully built organizations to solve social problems on a global scale. But social entrepreneurship also includes many efforts to fix targeted, local problems rather than working toward large-scale global change. An increasing number of social entrepreneurs are experimenting with ways to use commercially generated revenue to grow and maintain their social impact.

These findings are part of one of the most robust quantitative studies of social enterprise to date. Undertaken by Harvard Business School Associate Professor Julie Battilana and her colleague Matthew Lee, a doctoral student at Harvard Business School, they analyzed 6 years worth of applicant data from Echoing Green. The purpose of the study is to expand the field of vision beyond “heroic stories” that dominate the discussion on social entrepreneurship. In this interview, they share some initial findings from their research.

Solar Sister: Bringing a market based, gender inclusive, bottom up clean energy revolution to Africa

Neha Misra's picture

Solar Sister LogoAlmost 1.6 billion people on the planet don’t have access to electricity. And 70% of these are women and girls for whom the darkness is quite literal. Today, even though portable solar LED lighting technology is an affordable solution; lack of innovation in distribution channels has kept the products from being available in the rural markets where traditional supply chains simply do not exist.

The challenge is to marry technology innovation with a delivery system that is efficient, sustainable and scalable. Solar Sister is an innovative social enterprise addressing this weakest link through a market-based, gender inclusive, bottom-up solution to bring a new kind of clean energy revolution in Africa.

With an Avon-style women-driven business model, Solar Sister addresses both geographical access - making clean energy products available at the rural customer's doorstep; and cultural access - closing the gender-technology gap by including women as key players in the provision of technology solutions instead of as passive consumers of energy.

Can anyone be a changemaker? Website attempts to connect social problem solvers

James I Davison's picture

About a month ago, I came across Changemakers.com (via Change.org’s Social Entrepreneurship blog), a neat website for people to connect and collaborate with others working – on all levels – to solve social problems. The website is an initiative of Ashoka, a nonprofit organization that works to support social entrepreneurship. Changemakers seems to act as a social network of sorts – through competitions, discussion forums and storytelling – for people who want to make a difference. Two aspects of the site quickly appealed to me.


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