Artwork stating 'Education Destroys Barriers', 'We Demand Treatment', and 'I Need A Chance'

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  • Profits at the Bottom of the Pyramid

    Too often socially useful businesses end up failing because they get ahead of themselves and end up not being profitable. Companies now can select from an 'opportunity map' of ventures that serve the poorest individuals, and are more likely to be profitable and sustainable.

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  • Innovation Within Reach

    What about the world’s poorest, for whom new, expensive gadgets are out of reach - what types of innovation would be most beneficial for them? Through “frugal innovation”, people are designing products specifically to meet the needs of the world’s poorest citizens.

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  • Serving the base of the pyramid: five tips from emerging-market experts

    The Social Innovation Summit, hosted in New York City, examines five key elements that allow the strategy of marketing to the base of the pyramid to actually succeed, and the companies big and small that are leveraging this approach to sustainably break the cycle of poverty in varied industries for communities around the world.

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  • Refurbished Wind Turbines to Power the Developing World at a Profit

    The commercially-based Wind for Prosperity initiative may have devised a solution to meet growing demands for electricity in developing economies, where fossil fuels are expensive, difficult to access, and take a toll on environmental and human health. The venture works to refurbish wind turbines from Europe and re-deploy them in the developing world, providing clean and affordable power where it’s needed most.

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  • Playing With Toys and Saving Lives

    Many different people are inventing health devices for resource-poor settings, but some organizations - like M.I.T.’s Little Devices group - are empowering developing communities and increasing access to healthcare by building medical devices that nurses and doctors in very poor settings can adapt themselves — or kits for making their own, often harvesting parts from toys to cleverly rig up medical equipment. It’s part of a major idea shift, one that’s transforming the design of foreign aid.

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  • In Lieu of Money, Toyota Donates Efficiency to New York Charity

    Instead of following the traditional corporate model of financial philanthropy, Toyota gave its engineers to the Food Bank for New York City: trained in "kaizen" (Japanese for “continuous improvement). The engineers analyzed and improved the Food Bank's distribution systems, greatly increasing the Bank's efficiency and effectiveness in its anti-hunger efforts. By sharing the business model which made its own business thrive, Toyota's partnership with the city demonstrates how public-private collaboration provides a self-reliant, sustainable solution.

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  • When entrepreneurship is only way forward

    Development work is evolving beyond short-term mission trips and one-off donations into a more comprehensive, in-depth model that addresses long-term sustainability of a solution paired with empowerment of those being served. MicroConsignment is a unique branch of micro-enterprise being implemented by non-profit SolCom in Guatemala that provides individuals in rural villages the skills and resources needed to start sustainable businesses.

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  • Summer Reading: How to Shake Up the Status Quo

    Social innovation rarely comes from “eureka” moments; it’s much more deliberate - it’s something that can be studied and learned. A short summer reading list for anyone interested in shaking up the status quo.

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  • At Cambodia Hotel, The Workers Are The Boss

    Overall, Cambodia is a relatively poor country whose residents don't own much. Norwegian hotel owners in the city of Krong Siem Reap urge their Cambodian staff to be more in charge of making their own decisions by making them co-owners of the hotel, an act that forced them to have more confidence and critical thinking skills.

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  • Does Impact Investing Work? Vital Capital Case Study Shows It Does

    Everyone wants to eradicate poverty - but how can it actually be done? Vital Capital, an impact investment firm, aims to make change and lift people out of poverty in Angola.

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