International

Reflections from Acumen Fund’s 10 year celebration

Upon arrival to Acumen Fund’s 10 year celebration gala in New York City, the shoulders of each guest were adorned with a bright scarf. Such simple, feather-light scarves, yet somehow, mixed with celebratory and inspiring conversations, the result was a powerful embodiment of community.

10 years after Jacqueline Novogratz, CEO and Founder, registered Acumen Fund as a charity in the US, the organization has invested over $69 million in patient capital in 63 enterprises that have created 55,000 jobs and touched the lives of over 86 million people.

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Looking beyond microfinance for greater impact

gpecuadorIn a rural farming community outside of Cuenca, Ecuador, a widowed mother of four named María Nieves has built a thriving business raising and selling pigs and cuys (guinea pigs, an Ecuadorian delicacy).

Maria cites a microfinance organization named Fundación Espoir as a critical factor in her success—but not just because it has given her access to small loans to fund her business. Espoir has also provided her with low-cost health care and preventive health education, which has empowered her to take better care of her and her children’s health. “My children get sick less,” she says.

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Why Business Might Just Save the World (Part 2)

sunsetofficeMost students of history can recount in detail the long and painful story that accompanied the rise of market-dominated consumer societies. From Slavery to Colonialism to disease epidemics, capitalism has taxed communities and the environment as much if not more than it has given back. But ultimately, the process has fallen short of reducing men and women to consumers only. We’re still self-organizing into non-market communities of support, faith, and friend networks. And we still care deeply about our one another and the environment.

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Why Business Might Just Save the World

In June of this year, I had the privilege of debating Michael Edwards, author of Small Change: Why Business Won’t Save the World at the 2011 Canadian Business & Community Partnership Forum, organized by Imagine Canada and Volunteer Canada. In Parts 1 and 2 of this blog post, I weave together some of the notes I made prior to debating Michael Edwards with commentary with the more recent #occupy protests.

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Bio.Diaspora - Preventing the Next Pandemic (with MaRS Innovation)

Part I of this blog post introduced the Bio.Diaspora technology, which tracks the spread of infectious diseases using international flight data and is transitioning from a grant-funded model to an earned-revenue model. As a business with inherent positive social impact, it may qualify for impact investments as well. However, it is still early days; this post explains how MaRS Innovation is helping maximize the potential of this project.

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