Now that he was in New York, the £5.60 stuck on his London transit pass—called an Oyster Card—had become permanently useless.
Whitehurst has created a system in which subway riders can simply swipe their cards against a special RFID-reading panel to donate extra change. Tapping the Oyster Card against a “Common Pence” panel relieves it of 50 pence, while continuing to press the card against the panel drains the Oyster Card fully.
The Cheyne Social Property Impact Fund, which was able to start investing Thursday in Britain, aims to raise about 300 million pounds with target returns of 10 to 12 percent with leverage.
Because of low employment rates among youths and a lack of training for entrepreneurs, we have created a division that empowers people who want to become entrepreneurs. We hold start-up work shops and give regular talk at schools, universities and even corporate bodies in Ghana such as UT Bank
The partners have produced about 220 pounds of mushrooms so far, and diverted about a ton of straw. But it’s early days. The $250,000 prize from the Postcode Lottery Green Challenge will go towards a full processing facility, more trainings for the farmers, and, importantly, salaries for the founders.
The technology had a promising start in 2010, and it is now a legal requirement in Nigeria that all anti-malarial and antibiotic drugs bear these codes. It’s tempting to say all this progress is thanks to the mobile phone. But I know it’s not the technology we must thank. It’s the enterprising Africans coming up with the ideas.
China and the United States take the first steps in collaborating on social impact investment.
At the conference, a U.S. training program for Chinese entrepreneurs who seek to engage in social impact investing was announced. The training, to take place in 2015, will be jointly carried out by CSRDC and Columbia Business School.
The homeless and cash-starved are merely kept alive while nothing changes. In actuality, austerity measures are felt on the ground and essential social services are woefully inadequate. We’ve woken up outside on most days and often walked miles before breakfast with a pack on my back.
Researchers are fairly convinced that in many cases we like to give for very selfish reasons, and this may have fed the ice-bucket brigade.
One interesting theory behind group events that benefit charities describes what has been called the “martyrdom effect.” Dousing yourself with very cold water probably does not feel very good.
Despite the ice-bucket challenge’s popularity and the plethora of new ways to give, Americans are still giving at only about two percent of their incomes.
These increasingly ingenious challenges that are popping up are responses to the need to work harder and harder for a slice of a pie that is not getting bigger.
The trust will provide grants and risk finance to London-focused charities to help them test out the viability of their propositions. The aim is to reduce the risk of any future investment.
This microforestry approach has provided a threefold increase in income among participating farmers. This has lead to widespread improvements in quality of life, from education, to health care, and access to improved infrastructure.