And do you know how many conflicting definitions there are? Many!
The 'original' definition of the Base of the Pyramid (IFC/WRI 2007) uses an income level that is several times higher than international poverty lines used by organisations such as the World Bank, in Africa and Asia.
Poverty lines are confusing for many because they are set in purchasing power parity not current dollar terms - for good logical reasons, but who expects an entrepreneur to start doing…Continue
Posted on January 21, 2015 at 17:00 — 1 Comment
I recently had a fascinating week comparing data and results across three inclusive business portfolios: the Business Innovation Facility pilot (2010-2013), Innovations Against Poverty pilot (2011-2013) and Business Call to Action (5 years old and on going). The data is based on years of rich engagement with 3 contrasting portfolios, each with an exciting - but different - array of innovative businesses.
IAP grantees were mainly start-ups trying to secure the right business model and…Continue
Posted on December 9, 2014 at 19:30 — 1 Comment
Over the last four years, over 150 companies have answered a similar set of questions about the challenges they face in implementing their inclusive business. The companies range from concept stage start-ups within the Innovations Against Poverty Portfolio to MNCs pursuing a business model at the base of the pyramid in the Business Call to Action portfolio. But despite the variation in size, sector and maturity, some common themes appear.
The challenge most often selected (from a…Continue
Posted on November 9, 2014 at 18:00
Can start-ups scale? Can social enterprises reach sufficient millions of people to really crack problems of poverty? This question has been around for many years. Now first answers are emerging.
A crop of ‘breakthrough’ social enterprises are emerging. They are growing fast, securing investment and partners, and reaching millions of people. Of course they do not prove that all social enterprises scale, but they certainly show that they can. This month,…Continue
Posted on October 15, 2014 at 19:30 — 1 Comment