All posts tagged: venture capital

business-plan1

Grameen Creative Lab to Boost Social Business in India

The Grameen Creative Lab (GCL), a brain child of Professor Muhammad Yunus and Hans Reitz (founder of Circ) has started operations in India to boost social business (as defined by Prof. Yunus) within the country. The GCL was established in Germany a couple of years ago with the aim to fight poverty globally and to serve society´s most pressing needs through social business. It achieves this by promoting the idea of social business worldwide through events and workshops (the social business labs) and advises companies, NGOs, and entrepreneurs on setting up social businesses. Up until now, GCLs India projects were managed out of Germany. However of late there has been significant interest from India based corporations and startups keen to launch social business initiatives and in response, GCL has decided to open an office in Mumbai. One of the first initiatives GCL are working on is India´s first social business fund- the Yunus Social Business Fund Mumbai which will fund new as well as existing social businesses in India. At the GCL´s annual Global Social …

klout

Klout : Increase your Nonprofits Influence across Social Networks

Social Media (Twitter, Facebook, Youtube, LinkedIn etc) has opened new doors for nonprofits to spread their message far and wide and to engage and recruit new members, advocates, donors and volunteers for their causes. Almost all nonprofits use social media actively, spending considerable hours of their working time to post, tweet and engage with their online audience. Now here is a great tool, Klout which nonprofits can use to be more effective and smart about increasing their influence and authority across the social web. What is Klout? Klout is a tool that measures user influence and identifies influencers on topics across the social web. Currently available for Twitter, Facebook personal profiles (they plan to soon extend their technology for Facebook Pages) and a beta version for LinkedIn, Nonprofits can all round measure their influence and connect with influencers to radically increase their overall online reach. How it Works? Go to the Klout website and create an account using your twitter account. Once you’ve created your profile you can add-in other networks (Facebook and LinkedIn) to …

Gamification

Top 3 Disruptive Social Innovations for 2011

The year 2010 saw the coming of age for investment and technology within the social sector. Socially oriented Venture Capital funds are making investment in companies that adopt a market based approach to solving problems of hunger and poverty. In this article, we examine ‘disruptive’ innovations likely to power social causes in 2011 and beyond. 1. Micro Investments gain traction over Charitable Giving and Micro-finance Our previous articles on Philanthropy 2.0 and problems with Micro-finance highlighted issues with micro-credit and trust factors with traditional giving. In this article Dr. Yunus, Managing Director of Grameen, insists on the creation of a micro-credit regulatory authority to prevent loan-sharks from profiting off the suffering of the poor. These developments mean that micro-investments (interest free loans against equity within micro-enterprises) have potential to take off in 2011. We are likely to see corporations make a shift from philanthropic giving to impact investing. 2. More technology startups focus on social issues Worldwide, more people now care about global welfare and social and environmental issues than perhaps ever before. Technology and …

buffet_gates

Philanthropy 2.0 : Micro Venture Capital v/s Donations

As a regular donor to causes, I have often wondered whether my donations made a difference. I have read annual reports and useful statistics telling me they have, but reports and scorecards haven’t been able to make me stay connected to the cause. Micro investment is about to change all that. How is Micro Investing different from Donating? Micro investments are investments of small sums of money (say 50 dollars) made by individuals, but more commonly, by a group of like minded people (friends, colleagues etc) in a micro venture fund such as Inventure Fund. The fund shortlists a set of entrepreneurs (individuals or communities) who are trained and mentored by its local reps. Businesses are chosen based on their track record as well as commitment to invest a part of their profits back into improving their communities. When an investment is made, the business has no pressure to make weekly or monthly interest payments as is usually the case with micro financed loans. Rather, the business is allowed to grow organically. The risk of …