Young Egyptians have an amazing potential that is not yet being utilized. We have a well-established business sector, but with the establishment and success comes an aversion to trying new things. To innovating. While the business sector has made incredible impact on my country, there are still gaps. Gaps in jobs and gaps in services that would allow our most marginalized citizens to escape poverty. This is where entrepreneurs, especially young ones, can help.
Private Sector Development
Alina is launching a venture to train and match new graduates with startups in Mexico. Marcia is piloting cost-effective and ecological housing solutions in Mozambique. Ahmed is working to sell oven shelving units to rural women in Egypt so they can increase their income.
All these social entrepreneurs are thousands of miles apart from each other, in different countries, in different regions, in different sectors and different time-zones. Despite these differences however, they often face similar challenges and obstacles in scaling their business operations. Many find interim solutions to some of these challenges, while others simply cannot overcome them and, despite their potential, are unable to become viable. If these social entrepreneurs have the opportunity to share their experiences with one another, the solutions social entrepreneurs develop can work across boundaries, countries, and even sectors.
“Every time I see a problem, I create a social business to solve it,” renowned Nobel Prize laureate Muhammad Yunus said to an overflowing room at the World Bank Group’s Headquarters in Washington, DC this summer. “Set up a social business.”
“The poor are like Bonsai trees,” the founder of Grameen Bank explained, “When you plant the best seed of the tallest tree in a six-inch-deep flower pot, you get a perfect replica of the tallest tree, but it is only inches tall. There is nothing wrong with the seed you planted; only the soil-base you provided was inadequate. Poor people are bonsai people. There is nothing wrong with their seeds. Only society never gave them a base to grow on."
Earlier this year, we launched our eLearning course for social enterprises in January with a second installment in May. Social enterprises from across the globe – from places we didn’t even think we could reach – applied. So we began to wonder, who are these social enterprises? What are their models? What do they need most to reach the most marginalized populations? So I sat down with Charles Njemo Batumani and Arun Kumar Das, two social entrepreneurs who finished the first installment of our eLearning course in January to see what they’ve done, where they see their enterprises going and why eLearning was a way for them to improve their social enterprise. Charles is building affordable housing for low and middle income earners in Limbe, Cameroon while Arun is developing a natural plant product to combat malnutrition in Odisha, India.
After a day of discussions on how to scale social enterprise innovations to improve health outcomes during an event hosted by the World Bank Group’s (WBG) Innovation Labs and Health Global Practice on June 8th, one clear message emerged – public-private dialogue and collaboration, as well as collaboration between the public sector, the private sector and multilateral organizations such as the WBG is required to reach those living at the last mile.
A prime example of this need can be seen in a mobile phone health clinic program developed by VillageReach, a social enterprise working to provide access to quality health care to underserved communities through an integrated approach.
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.
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?
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:
My father was a pharmacist in Giza, Egypt, with a number of pharmacies dotted throughout the city. Growing up, he engaged me in discussions on public and current affairs and encouraged me to argue my opinions on what was happening in our community. He frequently took me to historical places around Egypt - recounting heroic and brave stories of our past - and ingrained in me pride in our country: a deep unwavering love for Egypt.
One year ago, Kumar began renting out 40 Selco solar-powered batteries to the people living in his slum community in the heart of Bangalore. Prior to this, 400 families were left to rely on cheap, easily breakable lights, dangerous and flammable kerosene lamps, or simple darkness. Without affordable energy, the inhabitants of Kumar’s slum lose hours of otherwise productive time that would allow them to build a pathway out of the slum, and into a secure life. Within months, demand for Selco’s rechargeable batteries sky-rocketed and Kumar increased his inventory to 86. Now, he is requesting yet another 50.