Home
About Us
There's a new way to fund development in some of the world's poorest countries, and it doesn't involve putting multinational companies in charge of projects.
Instead, it's called "incubator financing," and it's designed to empower locals to make decisions on their own, the Guardian reports.
It's a shift away from international aid agencies, which tend to "marginalize local actors of change," according to an essay in Foreign Policy.
In fact, the concept is so new that it's "understudied" in the non-profit sector.
In Senegal, for instance, an organization called Collectif des Volontaires du S ? 'n ? 'gal works to organize and support local social entrepreneurs.
But most international aid goes to well-established NGOs.
"This leaves a broad swath of informal actorssuch as civic associations or social entrepreneurs not legally registered and recognized by the stateout of the equation," the essay states.
So what's called an "incubator" and how does it work? It works like this: An organization raises money for an informal organization, which in turn raises money for an informal organization, which in turn raises money for an informal organization.
In the case of Senegal, Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"We are so used to being almost permanently online that we don't really appreciate what we have and do not really know what to do when we're not," Joni Mitchell wrote in her 1970s song "Big Yellow...more
If you're an aspiring entrepreneur in Kuwait, you may want to check out Zain's accelerator program. The telecommunications company launched the program 14 years ago and has since helped hundreds...more
"Having a purposeful job actually does transform someone's life," says Edwin Walsh, who runs a social enterprise in Australia called Assembled Threads. "You actually are moving someone from...more
If you've ever dreamed of owning your very own Miami mansion, you'll want to get in touch with Eric Spofford. The real estate mogul and Instagram star will be hosting a one-day business intensive...more
"Many of us, at some point in time, have been told in our lives that we are unloveable. By our parents, partners, husbands, children, friends, or society," says transgender activist Zainab...more
Two young women in Bangladesh have been named as finalists for the Global Young Entrepreneur of the Year Award in the social entrepreneurship category, the New York Times reports. Zarin Tasnim...more
If you're an aspiring entrepreneur in India, Jasreet Kaur has a book for you. It's called Stay Hungry, Stay Foolish, and it tells the stories of 25 entrepreneurs from the Indian Institute of...more
Record-breaking rain in the United Arab Emirates has left the region reeling, and one man's hilarious response has gone viral. In a video posted to Instagram, Akash Mehta of Fable & Mane can be...more
Time is out with its annual list of the 100 most influential people in the world, and three Africans are among them: Nigerian Afrobeats sensation Burna Boy, Kenyan President William Ruto, and South...more
If you're looking for a unique gift for that special someone, you may want to check out Umbrella Le Ch ? 'ile, a social enterprise in Galway, Ireland, that's dedicated to supporting local small...more
Social Entrepreneurship News from...
Gates Foundation
Changemakers
Coca-Cola Foundation
Dell Foundation
Skoll Foundation
Simons Foundation
Citi Foundation
eBay Foundation
REDF
Truist Foundation
Social Entrepreneurship
Spotlight
Social Enterprise Pushes Continuity of Care and Home Births
The Neighbourhood Midwives, the brainchild of Annie Francis of Hampshire, offers midwifery services geared for the continuity of care to women and their families.
