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Showing posts with label world economic forum. Show all posts
Showing posts with label world economic forum. Show all posts

Friday, January 28, 2011

Weekly Review for January 24-28

Every week at Invested Development we scan the web for articles that relate to what we do and what we like. This week we read a lot about… well, we read a lot.  

Greetings from Davos, Switzerland” by Neal Keny-Guyer
This week the World Economic Forum is meeting for the annual discussion of the world’s economy in Davos, Switzerland. There are a lot of issues on the agenda this year, but especially interesting are Environmental Sustainability and Social Development.  In the Mercy Corps Blog, CEO Neal Keny-Guyer writes from Davos about the necessity of investing in emerging markets. “Forward-thinking companies” can save and rebuild devastated communities like Haiti and South Sudan. Emerging markets, he says, are ideal for social innovation and calls for heightened investment, “especially in the use of mobile technology for development, energy, and water.”

SolarPrint combines solar energy and wireless sensors in dye-sensitized solar cell (DSSC) technology. The Dublin-based photovoltaic tech company “allows electronics to gather power from any light sources.” Potentially reducing the need for batteries, SolarPrint’s new solar energy technology can be used in most electronic devices.

In Davos, Switzerland, the world’s most influential people are discussing world economic growth for 2011. The IMF predicts that African economic growth with be above average for 2011 and that Asia will continue to have an effect on African growth. Wallace at ONE hopes that those at Davos will discuss Africa’s potential and ways to end the widespread poverty.

The benefits of mobile technology are popping up all over the world. A social innovation, mobile payments in India allow users to manage their money. Moving forward, the key to a successfully functioning system will be interoperability and utilizing existing regulated systems.

Just like Invested Development, another early-stage funding firm called Northwest Energy Angels is investing in clean technology. Investing $1.3 million last year, Northwest Energy Angels contributed to the industry growth in the US, especially in the Northwestern region.  

Eight trends in social entrepreneurship to watch for in 2011” by Tamara Schweitzer
2011 is a promising year for social entrepreneurship. Schweitzer’s first point emphasizes the importance of seed funding and impact investments. Social entrepreneurship is finding its way into international and academic circles and is reaching younger generations.

As MIT celebrates its 150th anniversary, the MIT Global Challenge brings social innovators together here in Boston. 

Unreasonable Institute Challenges Its 45 Finalists to Raise $200,000 from 1 Million People in 50 Days
"Entrepreneurs from over 60 countries vied for the 25 slots available to attend the 2011 Unreasonable Institute. After conducting over 100 interviews, the Unreasonable team has narrowed it down to 45 exceptional finalists. Now, in a true test of their entrepreneurial mettle, each of these finalists face one final challenge before becoming Unreasonable Fellows: galvanizing the globe to raise the $8,000 it costs to attend the Unreasonable Institute. The first 25 finalists to raise $8,000 will be chosen to attend. And the decision lies in your hands. Head to the Unreasonable Institute’s Finalist Marketplace and join one million people across the globe and vote with your dollars for an entrepreneur you believe might change the course of history."




Be sure to follow us or add us to your Reader to keep up with the latest trends in social entrepreneurship and investment. 

Friday, June 11, 2010

Weekly Review - June 7th - June 11th

Every week at Invested Development, we scan the web for articles that relate to what we do and what we like. This week we are talking about a great analogy between angel investors and rock stars, another initiative by the Grameen Foundation, how solar panels are not “so green”, and some insights from the last World Economic Forum in May.

The title alone makes it obvious why we liked this article. The analogy with the rock star was pretty funny and well maintained throughout the article. It also helps emphasize the importance of Angels and illustrates how they give hope to entrepreneurs looking for funding. And best of all, it helps differentiate Angel Investors and VCs by comparing Angels to Prince (the artist, not the son of a King.)

This provides an interesting collection of articles illustrating the role of the Grameen Foundation in many fields and in the field of mobile technology in particular. It also introduces the Grameen Community Knowledge Worker. The role of the CKW is to “harness the power of the mobile phone, a technology that is oblivious to such bottlenecks and combines it with a network of human intermediaries that can be trained to fully leverage its capabilities for the benefit of the farmer.“ (If you want to read the 113 pages Pilot Report it’s here. Or you can just take our word for it.)

Proof that no good deed goes unpunished… at least not initially. Solar panels for sure help the environment by reducing our footprint but studies have shown that it lures insects and eventually kill them! How so? Well apparently the reflection that solar panels have on the sun’s light is similar to the one that water has, therefore insects are attracted to it and fly over without being able to leave. They eventually die of exhaustion. Luckily, they have figured out that “when white borders or grids of white stripes crisscross the panels, dividing the panel into smaller segments, the attractiveness was reduced by 10 to 26-fold.”

Very interesting insights from very interesting people on why we need to focus on innovation in Africa. The NextBillion’s Heather Fleming was at the World Economic Forum in Dar-Es-Salaam last May where the main rallying cry at the conference was that we should stop “thinking” about unleashing Africa’s potential and start building success stories to serve the poor. She interviewed Nick Moon, of Kickstart, who mentions that very little work is done for innovation in Africa and that design thinking should be applied systematically. Bruce McNamer of Technoserve wants to focus on entrepreneurship, provide better supply chain and also mentions that we are now building a middle-class (aka the biggest consumerist class of all.) Overall four interesting insights that make us want to read more about the conference.