Microsoft launches fund to improve access to affordable Internet in underserved markets

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Microsoft launches fund to improve access to affordable Internet in underserved markets

“Today there are approximately 4 billion people globally without Internet access,” said Peggy Johnson, executive vice president of business development at Microsoft. “The ability to close that gap is more achievable than ever with technology that is readily available and affordable in many parts of the world. Through this fund, we hope to kick-start the entrepreneurial process by identifying promising ideas that we can help nurture, grow and scale.”

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via news.microsoft.com

Could Bitcoin ease the pain of Africa’s migrant workforce?

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Could Bitcoin ease the pain of Africa's migrant workforce?

Elizabeth Rossiello, chief executive of Bitcoin remittance service BitPesa, which allows workers overseas to send money home to Kenya and Ghana for a flat fee of 3% and says it is growing its user base by 60% month-on-month, believes the shortage of payment options in Africa make it a fertile ground in which Bitcoin can grow.

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via bbc.com

Alameda Kitchen: A New Recipe for Tackling Hunger and Food Waste

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Alameda Kitchen: A New Recipe for Tackling Hunger and Food Waste

Food Shift’s Alameda Kitchen will produce and sell food products to support the ongoing operations and growth of the program. It’s critical that both food recovery and food assistance groups expand the metrics by which they are calculating their impact to include not just the social but the environmental and economic benefit of their services in order to attract the resources they deserve to sustain their work. Food Shift is partnering with Alameda Point Collaborative (APC), a supportive housing community for individuals previously without a home and where 85 to 90 percent of residents are unemployed. Community members will be hired as kitchen and processing staff. The revenue generated from the products we create will help us pay fair wages and allow us to expand our program to reduce waste and increase access to affordable healthy food.

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via indiegogo.com

SEC Proposes Sweeping Amendments To Rule 147 To Facilitate Intrastate Crowdfunding

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SEC Proposes Sweeping Amendments To Rule 147 To Facilitate Intrastate Crowdfunding

The SEC’s proposed amendments to Rule 147 include three major changes to the existing Rule: 1) eliminating the restriction on “offers” being made only within a state (while still continuing to require that sales be made only to residents within the state); 2) eliminating the requirement that an Issuer actually be “incorporated” (or formed, organized, etc.) within the state where the offering is taking place; and 3) redefining what constitutes “doing business” within a state.

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via crowdfundinglegalhub.com

An App to Locate Local Socially Responsible Business

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An App to Locate Local Socially Responsible Business

The app would like to be thought of as a Yelp for social good. DoneGood lets people find socially responsible businesses so that consumers can make the biggest impact with their money. A business can be listed on DoneGood in one of two ways: it can be certified by one of the partner organizations, or people in the DoneGood community can add it.

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via nonprofitquarterly.org

How to make social finance flourish

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How to make social finance flourish

Often conversations around social finance seem to focus on social impact bonds and large institutional funds – the headline acts. But, CEO of the Esmée Fairbairn Foundation Caroline Mason told delegates at RBS HQ they’ve “been done to death” and that she’d prefer more notice was taken of the broader spectrum of social finance initiatives.

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via pioneerspost.com