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October 2012

Expansion for the Development Marketplace

Virginia Ziulu's picture

AVPN Logo - Photo Credit: avpn.asiaMarking the 10 year anniversary of Development Marketplace in 2011, the World Bank launched the Development Marketplace Investment Platform (DMIP) program.

The intent is to seek to help a pilot group of 30 selected social enterprises that have received prize money from DM, and that have been successful in their project, to attain a second or further round of financing from impact investors and foundations, in order to build up or replicate their project success.

A second purpose is to help respond to a familiar complaint of social enterprise funding organizations, that they do not see enough good projects to evaluate. In this context, the Asian Venture Philanthropy Network published the following article on its website highlighting the results achieved so far by DMIP and the prospects for the future of this program.


The 30 selected social enterprises by DMIn 2011 the World Bank Institute marked the 10th anniversary of the Development Marketplace. The programme was set up to provide early-stage funding to innovative social enterprises through a range of annual global and national-level competitions. Over 300 global winners have won US$200,000 each in grant funding.

But what happens to the winners beyond the life of the award? How many go on to the next stage of development? The tenth anniversary furnished an occasion to ask these questions. The answers suggest a significant new direction for the programme.

The main motive for the review was, ‘to move away from the traditional “fund and forget” model,’ as the DM’s Virginia Ziulu explains.

Some of the supported ventures have found subsequent funders, but this was largely outside the programme’s mandate. In 2011, the program shifted its focus to engage with past winners and discover how the World Bank could provide follow-on assistance.

GSBI Business Plans Presentations: Is Targeted Education Part of the Solution?

Virginia Ziulu's picture

GSBI 10th Anniversary logo - Image credit: GSBIOn August 23th, in Santa Clara, California, I attended business plan presentations of 19 competitively selected social entrepreneurs, who delivered their pitches to a panel of experienced professionals plus a general audience. These presentations marked the culmination of the 10th annual Global Social Benefit Incubator (GSBI™) program organized by Santa Clara University. The Development Marketplace has been one of its partners since its beginning. The program includes intensive work by each entrepreneur with two to three designated mentors, and a series of on-campus classes. Its main objective is to strengthen material that each entrepreneur already has available, refine their business models and develop professional organizational documentation that can be presented to attract investors.

إذا لم يكن للمشروع مردود اجتماعي، فهو مشروع سيئ

Ehaab Abdou's picture

This is the Arabic version of our blog: "If it's not Social, It's Bad Business".

            نقدم لكم مقالة أخرى في سلسلة المقالات التي نقوم بنشرها عن الريادة المجتمعية والمؤسسات الاجتماعية التى تساهم فى تقديم حلول مبتكرة وشاملة لقضايا وتحديات تنموية هامة في مصر. لقد تحدثت زميلتنا جيل ريتشمند مع الدكتورة ليلى اسكندر رئيسة مجلس إدارة شركة CID للاستشارات ، والتي حازت على جائزة "رواد العمل الاجتماعي للعام" في عام 2006 ، التي تقدمها مؤسسة شواب من خلال المنتدى الاقتصادي العالمي. كما أنها أيضا عضو في مجلس الأجندة العالمية (GAC) للابتكار الاجتماعي ، وتتمتع بخبرة أكثر من 20 عاما فى مجال حماية البيئة وإدارة النفايات الصلبة وإعادة التدوير، بالإضافة إلى التعليم، وتمكين النوع الاجتماعى، وبناء قدرات المنظمات غير الحكومية، وتوليد الدخل في القطاع غير الرسمي، والدفاع عن حقوق الأطفال العاملين. في هذه المقابلة، تحدثنا الدكتورة ليلى عن مفهومها عن "التعلم والكسب" والعمل فى تنمية المجتمع بشكل عام بما فى ذلك دعم قطاع الحرف اليدوية والذى يعتبر من القطاعات الهامة التى سيدعمها برنامج سوق التنمية المزمع إطلاقه بمصر فى أوائل نوفمبر 2012.

If it’s not social, it’s bad business.

Jill Richmond's picture

Here is another entry in a series of articles we are posting to describe the current outlook for social enterprises working on critical issues in Egypt.

The series is based on interviews with leading figures in the social entrepreneurship sector in Egypt and the MNA region.

For the Arabic translation of this blog, click here.

I spoke with Dr. Laila Iskandar the chairperson of CID Consulting, who was awarded the "Social Entrepreneur of the Year" in 2006 at the World Economic Forum by the Schwab Foundation. She is also member of the foundation’s Global Agenda Council (GAC) on Social Innovation. She has over 20 years of experience in: environmental protection, solid waste management and recycling, education, gender-based empowerment, capacity-building of non-governmental organizations (NGOs), income-generation in the informal sector, and advocating for working children. In this interview, she tells us about her ethos of ‘learning and earning.’