Sustainable Business Models for Social Ventures

A new breed of ventures has begun innovating revenue models to build greater capacity and sustain operations. These approaches leverage the power of markets and have discovered the sustainable power of partnering with their customers to meet their social needs. More details at
http://blog.ambientengines.com

Why you need to go beyond the numbers to view rural poverty

In the past decade, much progress has been made in India and people have been justifiably proud of the improving economic situation. While most observers point to the top line numbers that show the number of people living below the “poverty line” has been consistently decreasing, by focusing on just these aseptic numbers, they fail to understand and capture the continuing anguish in the rural countryside.

TIECON Social Enterprise Track Provides New Perspective

For the first time TIECON EAST – TiE Boston’s annual conference on entrepreneurship and innovation – had a dedicated track on Social Enterprise. The three panels for the track were all well attended. Here are some excerpts from an article I wrote for Lokvani about the sessions.

Reply to comment about Rural Indian Consumer

Responding to a comment on my recent blog post on “The Increasing Focus on the Rural Indian Consumer” I decided to write a longer response outlining what needs to be done to really address increasing rural income in India.

The Increasing Focus on the Rural Indian Consumer

I have been in India for the past week and one of the trends I have noticed is the increased focus on the rural market. Perhaps it is the ongoing elections or maybe the global recession, but companies across the board seem to have a renewed emphasis on targeting the rural consumer. Here are a few key facts that seem to stand out.

Scaling up healthcare solutions

Last Week’s Time magazine had an article written by Jeffery Sachs titled “Safety in Numbers” that highlights programs that are recruiting community workers to provide basic health services in rural communities. By investing in basic health care training of community workers, these programs provide a safety net for thousands of poor people who would otherwise be unattended.

India’s Poor Get Health Care in a Card

A recent article in the Wall Street Journal, “India’s Poor Get Health Care in a Card”, outlines a program being launched in India to provide affordable healthcare to the masses. The key component of the program, which is targeted at those earning less than $100 per year, is the use of a secure smart card to store the beneficiary’s personal data and fingerprints.

International Development Design Summit

Yesterday I had the pleasure of attending the final presentation of the International Development Design Summit at MIT – the brainchild of Amy Smith, MacArthur Fellow and lecturer in MIT’s Mechanical Engineering department. This, now yearly, event brought together nearly 60 students from 20 countries around the world to work together with a team of mentors and staff to tackle a number of design problems facing NGOs and non-profits in developing countries.

Gates Foundation gets into Microsavings

The Gates Foundation has made some major investments in the area of finance over the past few years. Now, based on their findings and experiments, they are making a big push into the area of micro-savings.

Vigyan Ashram – A Hidden Rural Education Jewel

I had the opportunity to visit Vigyan Ashram in February. Vigyan Ashram is a residential rural education center founded 25 years ago. Over the years, Vigyan Ashram has significantly changed the local economy, providing livelihood to many in the region while training scores of youth and making them self sufficient. More importantly, it has now been formalized as a regular course on Rural Technology and taught at 25 schools in the state of Maharashtra.