eKutir http://www.ekutirglobal.com/index.html Global is a part of eKutir India Social Enterprise Group, a finalist in the MIT Inclusive Innovation Competition (IIC) under the ‘new models’ category. As a first-of-its-kind human-digital platform, it has reached 70,000 farmers through a network of licensed community agents, capturing data to recommend the best solutions for smallholder farmers throughout their production cycle by connecting them to tools, finance and buyers.
Creates and incentivizes entrepreneurship through additional revenue stream (Outcome payment), improved cash flow (revenue based finance) and simplified structure (Blockchain).
Impact investing is not philanthropy. It is self-interested. New and unprecedented environmental and social challenges pose threats that financial institutions are now trying to address. Returns on their investments are scaled to the risks and rewards in each deal. It’s still about the money, but with an element of another kind of self-preservation involved.
“…quite simply as investing in companies, projects and other entities that, as well as representing significant investment opportunities, deliver sustainability benefits, such as helping to reduce environmental and/or social harm”.
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Findings highlight areas of strength and weakness in the world’s biggest economies, giving social entrepreneurs, policy makers and investors the research needed to further discuss, explore and pursue innovative ways of doing business for good. We also highlight the countries where women social entrepreneurs are performing best.
An individual or organization must first be able to put forward a new solution or set of solutions to a pressing social challenge. This sounds obvious, but we’re suggesting that organizational theories of change, business plans, and other foundational materials need to reflect systems thinking. The most important tool in the new systems entrepreneur’s suite is the ability to embed the solution into the larger system being targeted.
Some foundations inadvertently put nonprofits in competitive relationships with each other. They may invite 20 groups to meet about a new initiative, but when everyone knows only three will get funded, “it’s more like a caged death match.”