Tag Archives: sustainability

Building a Sustainable Food Supply

Here is the final track description for the upcoming ForSE 2008: Forum for Social Entrepreneurs on October 10th at Boston University.

Building a Sustainable Food Supply

Today’s attention grabbing headlines increasingly focus on the high price of oil, the availability of water and the spiraling cost of food. Governments, business and nonprofit organizations around the world have responded to these challenges with programs or policies designed to help farmers grow more food using less resources, grow food closer to where it will be consumed and provide a better economic outcome for farmers. Current solutions range from new business models connecting small farmers as suppliers of multinational food corporations to teaching communities low impact, high yield farming techniques. However, the move toward a sustainable food supply is only beginning and provides an opportunity to explore resource constrained solutions.

Topics to be addressed in this session include: increasing yield from existing acreage, solving market access barriers facing small farmers, reducing the resources and environmental impact required to produce food, and resolving distribution problems with locally grown food in the U.S. and globally.

Sustainable Non-profits and Engaging Young Entrepreneurs

Here are a couple of more track descriptions for the upcoming ForSE 2008: Forum for Social Entrepreneurs on October 10th at Boston University.

Sustainable Ventures for Non-Profits

In decades past, many non-profits have achieved only temporary success and limited scale due to dependence on grants and donations. A new breed of ventures have begun innovating revenue models to build greater capacity and sustain operations. These approaches leverage the power of markets to meet social needs. Whether they’re building a socially responsible brand of clothing, providing renewable energy solutions, or bringing banking to the poor, these organizations have discovered the sustainable power of partnering with their customers.

Topics to be addressed in this session include: developing an earned income model, identifying market needs, measuring success, the power of scale, and balancing competing interests.

Cultivating a Generation – Engaging Young Entrepreneurs

A 2007 Harris survey shows 4 in 10 young people between the ages of 8 and 21 want to start their own business. Creative skill development and entrepreneurial experiences provide young people with opportunities to discover their talents and passions, believe in themselves and empower them to create their own futures. This track will explore educational programs focused on engaging young people in real world entrepreneurial experiences that launch them on a path toward building new businesses that create jobs, serve their community and have a positive impact on the world around them.

Boston Globe interview with Prof. Yunus

Follow up to my post on Prof. Muhammad Yunus, Social Business and the Future of Capitalism. The Boston Globe published an interesting interview with Prof. Yunus while he was in Boston to speak at the MIT commencement. I have excerpted one of the questions below. You can find the rest of the interview in their article online at A really unconventional lender

You have a different view of how capitalism should work. How do you think capitalism should be reformed?

Capitalism is very narrowly defined in the way we practice it. You ignore everything else but money making. And by ignoring the other parts of human beings – concern for other people, concern about the planet, willingness to make a difference in the world – we’ve created a distortion. So I’m suggesting there’s not one type of business model, but two types. One takes care of making money, which can lead to happiness. The other happiness comes from the other type of business, which is to do good to other people. You cover your costs – it’s not charity. Charity money has only one life – once you use it, it goes. Use the money in a social business, then it has an endless life. It’s recycled. It never disappears.

Read the rest of the interview here.

Prof. Muhammad Yunus, Social Business and the Future of Capitalism

Earlier this year, Nobel laureate Prof. Muhammad Yunus was the invited guest speaker at MIT’s 142nd commencement. In his prepared remarks to the students he outlined how he started microcredit thirty plus years ago from a simple desire to free villagers near his university in Chittagong from the penalizing interest that they paid to moneylenders.

Today his organization, Grameen Bank, has grown to cover 7.5 million borrowers in Bangladesh, 97 percent of them women. From this beginning he has expanded to provide services and products in a number of areas ranging from health insurance, to affordable cell phone service with Grameen Phone to renewable energy solutions through Grameen Shakti.

Drawing from his successes with these businesses, Prof. Yunus has refined an overarching social business philosophy that he recently published in his latest book “Creating a World Without Poverty – Social Business and the Future of Capitalism“. Continue reading