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Risky business: how to de-risk your fintech startup before it’s too late

Posted By Akansha Kasera, Bankable Frontier Associates, Friday, April 6, 2018
Updated: Friday, April 6, 2018

By Maelis Carraro and Elizabeth Davidson

If you’re a fintech entrepreneur, it’s probably not news to you that failure is more likely than success. After all, an estimated 70% of tech startups fail, typically within the first two years after their first round of financing.

Catalyst Fund has been working with inclusive fintech startups, a field that presents unique challenges for entrepreneurs, over the past two years. In many countries, it is a sector that presents more regulatory constraints, limitations as to how companies can handle information, and stringent operational and capital requirements.

Different startups, common risk challenges

Despite working with a wide variety of fintech startups across different geographies and sectors, we have seen some themes emerge on the most common risks that can pose a threat to the success of the business at the early stage. All startups mention they lack the financial and human capital they need to grow their businesses. “Finding funding is a huge burden. The average startup CEO spends 70% of his time fundraising, which remains the number one challenge faced by local startups,” says Yoann Berno of Flowigo.

Finding people with the right skill sets who are willing to give up more secure job alternatives is also big barrier, yet fundamental to raising capital and ensuring smooth execution. “The biggest challenge is getting the team with the right skill set at first, especially when you’re a young company and don’t have a system or protocol for hiring and then you start growing rapidly,” says Destacame’s Jorge Camus. “It then gets challenging to manage the team, train them and really build a culture that allows you to get to your goals.”

Over 70% of our fintech entrepreneurs also noted that not getting to product-market fit is a major challenge they face. They felt they did not have a full understanding of their customers needs to build strong value propositions. Additionally, 40% mentioned they faced technology risks, including lack of accessible data to refine their products, and 33% pointed to specific ecosystem dynamics that might threaten their business ability to scale.

Want to mitigate risks? Start early!
Early identification of key risks can help fintech startups invest in the business support they need early on before a risk takes down the business. These risks can scare off investors, who want to ensure that entrepreneurs understand the key challenges they face. Instead of waiting for entrepreneurs to identify key risks, early stage investors can work with startups to tackle these risks before or in conjunction with their investment.

Catalyst Fund has taken just this approach. By working with our entrepreneurs to identify risks, we can tailor technical assistance to solve these risks so that investors are more confident in the future success of the business.

Taking an honest look at their own key risks can be difficult for entrepreneurs, who may be too deep in the weeds to step back and look at the bigger picture. This is why the Catalyst Fund developed a risk diagnostic to help startup leaders get a better grasp on their challenges, and understand those within or outside of their control. The tool offers a checklist of possible mitigation strategies for the entrepreneur. Here are a few strategies we applied through our technical assistance engagements:

Understand your customer to offer strong value propositions
For Miguel Duhalt at Comunidad 4uno, that meant better understanding what his customers valued most about its product in order to focus on high value customers and tailor their offering. When we first met 4Uno, a financial services distribution platform offering insurance, health benefits and payments services for domestic workers in Mexico, they struggled with picking the right product offering for the right customer segment. After working with them on customer research, we helped them segment their customer base to refine their product offering and marketing strategy. Since then, they tailored product packages for insurance to specific client profiles and also offer salary payment services via an app, which resulted in a growth spurt.

Figuring out the right way to engage with customers is also a challenge for entrepreneurs in these markets and a big risk to the company’s ability to take off. How can a mobile-based startup communicate its value proposition clearly and consistently with a rural customer base when only 50% own phones and only 20% are literate? WorldCover, a platform providing insurance to low-income farmers around the world, used a marketing MVP, or minimal viable product, composed of simple and clear images to cater to the illiterate majority of potential customers. They tested various solutions, from SMS systems to a “microphone man” going to communities to play a recorded message and frequent community meetings. Community meetings, with 95% attendance rates, allowed WorldCover to maintain a human touch with customers. Farmers trusted WorldCover more after more face-to-face interactions because “an impostor wouldn’t show up at your house every week after taking our premium money,” said WorldCover’s CEO, Chris Sheehan.

Build a product vision and roadmap that meets your business needs
On the other hand, PayGo, a pay-as-you-go gas solution in Kenya, realized they were struggling with technology risks. They needed to integrate with a scalable payments solution, track key gas system indicators, and find tools to measure, monitor, and run their field sales team and customer service, yet they did not have the tech skills in the team build the necessary back-end software technology. We worked on designing their product architecture and built a new version of the app they are still using today. “The architecture we built with Catalyst still holds,” says Nick Quintong, PayGo’s CEO. “It was fundamental for a team that doesn’t have software expertise to bring someone in to show us how it can be done with off-the-shelf software modules.” Without these key technology investments early on, PayGo would not be poised for the growth it’s enjoying today.

In Colombia, we helped Escala, a savings fund for corporate employees and their children, with similar challenges. Initially, technology was holding Escala back and preventing them from reaching more clients who could benefit from their services. We worked with Escala to identify and integrate the right tech processes to match their stage and helped them avoid spending important resources on expensive and unnecessary CRM tools. 


“We believe ESCALA Educación’s story proves that a model like CF is very valuable to get a company investment-ready.” 

Escala used their new tech structure to more successfully manage their two sets of clients — companies and their employees — and to raise a seed round, which included members of Catalyst Fund’s Investors Committee such as Accion Venture Lab. “We believe ESCALA Educación’s story proves that a model like CF is very valuable to get a company investment-ready,” said Tahira Dosani, co-managing director of Accion Venture Lab, at the SOCAP conference this year. “ESCALA combines a strong management team and exciting customer acquisition and engagement strategies” says Vikas Raj, co-managing director of Accion Venture Lab.

Get the timing right
Unfortunately, not all risks can be mitigated. For Flowigo CEO Yoann Berno, “timing is everything.” Flowigo, a SaaS company seeking to enhance operations of pay-as-you-go product distributors in Africa, faced timing risks that ultimately backfired. Its markets lacked the client density necessary from them to scale, and key infrastructure issues like connectivity posed an ongoing challenge. SaaS companies like Flowigo need dense networks of businesses to flourish, but in Africa, industries that count more than a few dozen major players are rare. Scaling a SaaS business while addressing 10 to 15 customers is a hard sell. Ultimately, Flowigo succumbed to the timing risk, deciding to pivot and wind down this line of business.

Overall, while not all risks are avoidable, you can’t avoid the risks you don’t know about or aren’t focused on. So for fintech startups and investors alike, identifying and mitigating risks early is key to success. To get started on identifying your fintech startup’s key risks and think of your mitigation plan, check out Catalyst Fund’s new risk diagnostic.

You can also check out De-risking your Fintech startup webinar where we go over the toolkit and risk assessment for Catalyst Fund companies here

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Tags:  Business  emerging markets  entrepreneurship  finance  impact investing  inclusive business  inclusive innovation  Incubation  Risk; Risk Assessment; ANDE Members  SGBs; Environment; accelerators; energy  social business  social enterprise  social entrepreneurship 

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MDIF closes $6-million media impact fund

Posted By Peter Whitehead, Media Development Investment Fund, Tuesday, March 20, 2018
New York, March 19, 2018: Media Development Investment Fund (MDIF) today announced final close of MDIF Media Finance I, a $6-million impact fund investing in independent news media in select emerging and frontier markets.

“We are delighted to have closed MMF I and ramp up financing for companies that provide the news, information and debate that people need to build open societies,” said Harlan Mandel, MDIF Chief Executive Officer. “MMF I loans will help build companies that expose corruption, hold governments to account and provide balanced coverage of elections.”

MMF I provides affordable debt to independent news companies in a range of countries where access to free and independent media is under threat. The fund will invest in companies in countries such as India, Ukraine, Bolivia and Lesotho.

MMF I notes pay 4% annual interest and, under a pioneering agreement with the Swedish International Development Cooperation Agency (Sida), MDIF and Sida provide investors with 55% first-loss protection. Sida also provides technical assistance grants to fund investees to build their management capacity.

MMF I investors include the Open Society Foundations (Soros Economic Development Fund), Dreilinden, a Dutch family office and Antonis Schwarz.

“MMF I will finance investments in software, equipment, content production, workspace, as well as working capital and short-term cash-flow needs – all vital for company growth,” said Mr. Mandel. “With the successful close of MMF I, we are now looking forward to launching MMF II later this year.”

About MDIF

MDIF is a New York-based not-for-profit investment fund for independent media in countries where independent media are under threat. It has 22 years’ experience of helping build quality news and information companies – print, digital and broadcast – in emerging markets. It has:

  • invested more than $166 million in 114 media companies
  • worked in 39 countries on 5 continents
  • a current portfolio of more than $60 million invested in over 50 media organizations

For more information, contact Peter Whitehead, MDIF Director of Communications, peterawhitehead@mdif.org, +44 7793050670.

Tags:  emerging markets  impact investing  impact investment  social business  social impact 

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TA Finance for SGBs - a scarce good down the road?

Posted By Pedro Eikelenboom, PUM Netherlands senior experts, Wednesday, September 21, 2016

Some perspective...once upon a time...

Picture yourself at a roundtable session with the topic ‘financial   instruments to support private sector development – how can business and non-profit collaborate’.  Guest speakers include a representative from a development bank, a public enterprise development agency, a non-profit and an enterprise

It reads like one of the many 'powwows' on the topic, though the invitation to this event has long but expired - it took place in October 2005 in Amsterdam, the Netherlands….


The impact investment eco-system

Fast-tracking time to 2016, there’s a new world created around impact investing. It has grown into an enormous market place for innovative financial (and non-financial) products and instruments. Where investors and prospects meet up, advised by consultants, think tanks, investment networks and so forth.

Many type of impact investors have entered the market, from banks, pension funds, wealth managers, family foundations, governments, development finance institutions and NGO’s. Hereby gradually expanding their investment portfolio into high-risk sectors like agriculture, in challenging countries, and targeting enterprises with ticket-sizes between US$ 100k – 500k.

It’s a shift (change in strategy) by some investors, with many key players shifting their ‘grant funds’ to a ‘return on investment’ portfolio. Is the eco-system creating a scarce good out of grants (in most cases being technical assistance / knowledge sharing) directed to support capacity development within enterprises? 

The true price of grants

Impact investing cannot only be about moving investment capital to riskier endeavors. It’s a combination of capital investments and non-reimbursable investments (the so-called grants). And the latter being a crucial factor in supporting the public good impact through technical assistance or capacity building trajectories for the beneficiaries. Neither is it a combination of 90-10, where grants serve as a bit of technical assistance on the side.

Reaching the enterprises that have growth potential but limited access to finance, means taking risk (call it technical assistance, capacity-building, non-reimbursable grants, first loss, equity stake, if you like) through a structured deal proposal between the impact investor, (perhaps) a development bank, an NGO, a technical service provider and so forth.

Several studies have stated that there is sufficient capital in the world to invest in small and medium sized enterprises (the ‘missing-middle’), in volatile sectors and in frontier markets. So money is not the issue – though the non-reimbursable investments are unfortunately becoming a scarce good due to policy changes within the public and non-profit sector.

However, beyond the non-profit community, grants are often perceived as ‘little strings-attached subsidies’, which require no financial returns. Of course, non-financial impact (social, environment etc.) is sought, though it’s based on expectations (outputs, outcomes). If one fails to reach the objectives, basically there’s not much harm done, it is - in the end - a grant.

How can we change this mindset? Grants do have a ‘price-tag’, value or leverage when dealing with blended finance. I’m sure, many investment deals in frontier markets would and will not happen without some flow of subsidies structured in the deal. Surely not advocating that grants should have a ROI too – next to non-monetary impact (social, environmental) -, but we should not take for granted the indirect value or direct leverage a subsidy has in the impact investment space. What can grant providers request or negotiate more in return for their contribution? Elements such as securing a seat at the board table of an investee (steer company’s public good objectives), or commit private grant funding to the related capacity-building program of an investment.  

Transferring skills & knowledge to secure ROI

Potential investment prospects (enterprises) may have fragile balance sheets, weak governance or inefficient processes. For that reason they are often initially overlooked by investors. As the impact investment marketplace is moving towards the ‘high-hanging fruit enterprises’, the power of knowledge becomes even more visible. Short-term technical assistance (related to entrepreneurship development) can strengthen an enterprise, making it robust and subsequently ‘de-risk’ its profile to potential investors.

In the case for professional volunteer service organizations (i.e. PUM, IESC, ACDI/VOCA, SES etc.) – its transfer of knowledge is as crucial as the committed capital investment to enterprises. Next to that, these organizations have a wealth of data, network and track-record in advising enterprises around the globe.

In the access to finance space for entrepreneurs, professional volunteer service organizations can play a critical role in strengthening the business competences of enterprises.

The lack of available (and/or affordable) local network of skills and experiences, that can contribute to the range of challenges an entrepreneur faces, is the gap where professional volunteer service organizations can offer qualified, experienced volunteer professionals to donate their time in transferring knowledge with entrepreneurs around the world. 

A structured approach

A structured approach on enabling enterprises in frontier markets to grow is essential and contributes into embracing entrepreneurs beyond the ‘usual suspects’. Collaboration through acknowledging and applying each other’s strengths is the way forward in achieving a sustainable return and impact through investment. And not to forget the role of governments and multilateral institutions in continuing - or at least not further reducing - ODA funded enterprise development programs. Of course, few would disagree with this conclusion, though the eco-system unfortunately exhibits far too few cases to proof otherwise.

For more insights on the role and added value of professional volunteer service organizations like PUM can have in strengthening SBG's as to de-risking their profile to impact investors, download the enclosed (full) article. 

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Tags:  accelerators  Access to Finance  Business  capacity development  Capital Aggregation  early stage ecosystem  emerging markets  entrepreneurship  entrepreneurship ecosystems  impact investing  impact investment  inclusive business  Investors  partnership  Pioneering Capital  Private sector development  social business  social entrepreneurship  social impact 

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Announcing DIV:LIVE - A Social Enterprise Competition on August 26

Posted By Kristen Gendron, U.S. Agency for International Development, Wednesday, June 17, 2015

Spread the world to innovators and entrepreneurs! USAID's DIV program and partners are hosting a live pitch competition on August 26th in Amman, Jordan. 

The competition, DIV:LIVE, seeks innovations in the Middle East that aim to solve the world’s most intractable development challenges through demonstrated impact and cost-effectiveness. Innovators selected for the final stages through the DIV competition will pitch their development solution at the DIV:LIVE event to be considered for a grant ranging from $100K to $1,500,000+ USD. 

Learn more here and help us spread the word with the tools below.


Our target audience

We are hoping to get the word out to start-ups, social entrepreneurs, traditional entrepreneurs, and even NGOs and public sector-focused groups who can apply to the competition (winning seed funding of ~100K and scaling funding up to 15M), as well as other investors or stakeholders who might want to get involved. We are hoping to increase awareness/applications in MENA specifically, but are open to all applicants who would be willing to travel to the finals in Amman.

DIV:LIVE overview text for sharing

DIV and the USAID's Jordan Competitiveness Program are co-hosting a live pitch competition called DIV:LIVE on August 26th in Amman, Jordan. This pitch competition is open to any country, but we are specifically outreaching to potential applicants in the Middle East and North Africa region. Selected innovators will pitch their development solution to be considered for a grant ranging from $100K to $1,500,000+ USD. This event will include a live audience with other potential investors and relevant stakeholders. Any interested organization - nonprofit, for-profit, or university - can apply. Ultimately, we are seeking innovations that aims to solve the world’s most intractable development challenges through demonstrated impact and cost-effectiveness

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Tags:  Access to Finance  ANDE Members  Entrepreneurship  High-Growth Entrepreneurship  impact investing  impact investment  innovation  Investors  MENA  Philanthropy; impact investing  social business  social enterprise  Social Entrepreneurship 

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New Report: Impact Investors See India's Social Entrepreneurs Lacking Basic Financial Management Skills To Be Investable

Posted By Upaya Social Ventures, Thursday, May 14, 2015

Over the past four years, the Upaya team has repeatedly heard from impact investors that the pipeline of investable social enterprises in India is frustratingly thin. While these investors regularly hear about interesting concepts, they lament the lack of entrepreneurs who have the business management skills needed to lead such a venture to profitability. In fact, many leading investors have said that a social entrepreneur who does not have a sufficient command of fundamental business tools is not someone they can even really consider an entrepreneur.

Looking to turn these anecdotes into actionable information, Upaya is today releasing the first of a series of spot surveys that dig deeper into investors’ impressions of the entrepreneurs they encounter.

Titled What They Really Think: Perceptions of India’s Early Stage Social Entrepreneurs Among Impact Investors, the series provides data and recommendations to the multitude of incubators, training programs and mentorship networks currently operating in India. The report captures investor opinions about the collective critical skills and competencies of entrepreneurs, and starts a substantive conversation on improving the ecosystem for early-stage social businesses.

In “Spot Survey #1: Financial Management Capabilities,” 18 of India’s 25 most active impact investors shared their impressions of the financial management competencies of entrepreneurs they have conducted some level of due diligence on. The report looks at entrepreneurs' skills in utilizing a variety of financial management tools for decision-making. It also looks at the quality of documentation investors receive from entrepreneurs, as well as the ability of those entrepreneurs to use valuation tools to communicate the financial health and long-term projections of their companies with investors.

Click to download the report.

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Tags:  accelerators  early stage ecosystem  Entrepreneurship  impact investing  Incubation  India  Philanthropy  Pioneering Capital  social business  Social Entrepreneurship  Upaya Social Ventures 

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GSBI Accelerator: Now Accepting Applications!

Posted By Jaime Gusching, Global Social Benefit Institute at Santa Clara University, Tuesday, September 23, 2014

Are you trying to solve a pressing issue in your community, like improving access to water or energy, distributing clean cookstoves, educating children, enhancing health, or healing the environment?

We at the Global Social Benefit Institute (GSBI®) believe social entrepreneurs, like you, provide a path out of poverty.

We will provide you with executive Silicon Valley mentoring from industry experts, a structured curriculum to build your capacity, and place you in front of interested investors. The program is cost-free to the entrepreneur.

Based in the heart of Silicon Valley at Santa Clara University, we support social entrepreneurs around the world through their entire lifecycle. 

The GSBI Accelerator program is now accepting applications.

 Learn more 

 www.scu.edu/applyGSBI


Tags:  social business  social enterprise  Social Entrepreneurship 

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Private Sector Transport Solutions for Public Sector Benefit

Posted By John Beale, VillageReach, Tuesday, July 15, 2014
We recently completed a study of Mozambique's transportation sector and the ministry of health's transport needs, with a view to helping the ministry engage the private sector and outsource its transport requirements.  The report notes the significance of SMEs (SGBs) as an important market development catalyst for the transport sector in Africa.  In the fall, I'll be back in Mozambique to work with the MoH in two provinces to execute an outsourcing program with commercial transportation companies.

I'd be interested to know if other ANDE members are engaged in transport-related work.

John Beale
Director, Strategic Development &
Group Lead, Social Business
VillageReach
+1-206-755-0145 

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Tags:  Africa  ANDE Africa  ANDE Members  Business Models  Entrepreneurship  entrepreneurship ecosystems  Private sector development  Research  social business  Social Entrepreneurship  supply chain  sustainability 

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Accelerate an Entrepreneur - Agora Crowdfunding is LIVE!

Posted By Dana Warren, Agora Partnerships, Wednesday, November 20, 2013
Updated: Wednesday, November 20, 2013
Dear Agora Community,
 

We selected our class of 2014. They are amazing. And they need your help!

 

We are very excited to announce a partnership with Indiegogo to enable the Agora community to invest directly - via the Agora crowdfunding page - in the development of entrepreneurs across Latin America with big dreams of building businesses that can address our most pressing social and environmental problems.

 

 

The 30+ entrepreneurs selected to the Agora Class of 2014 (official announcement to come early 2014) are all committed to using business to create change. They have passion, vision, skills, and dedication, but many need support to participate in the Agora Accelerator so they can gain the knowledge, networks and capital they need to succeed.

 

A small donation to help an entrepreneur participate in the program will result in exponential impact. Entrepreneurs who have participated in the Accelerator have experienced an average annual revenue growth of 80% post-accelerator and an increase in net income by a factor of 5. These companies have also substantially increased their impact, creating more than 1000 new jobs and increasing full-time employee wages by 36%.

 

We are asking our community to help level the playing field for these amazing entrepreneurs.

 

All contributions are 100% tax deductible and no support is too small. Check out their campaign pages, and if you believe the world will be better if these businesses succeed, please make a contribution.

 

 

 

Campaigns will go live on a rolling basis so check back often. Help us spread the word by sharing this message with your own networks!


Thanks for supporting the Agora Class of 2014!

                                                                                

Tags:  Entrepreneurship  impact investing  Philanthropy; impact investing  social business  Social entrepreneurship 

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Village Capital - October 2013 Update

Posted By Lily Bowles, Village Capital, Saturday, October 26, 2013

 

Village Capital has made four new investments over the past month, is launching three new programs (in India, Kenya, and the Netherlands), and has secured support to expand the Frontier Market Scouts program. Read below for the details:

1.Village Capital has made four new investments after the close of our most recent programs in India and the US.

  • The "Tech for Impact” program in Ahmedabad,India, in partnership with CIIE at IIM-Ahmedabad, participating entrepreneurs selected iKure, which enables better last-mile health treatment through wireless monitoring devices, and Edsix, which provides quality education for the poor through an adaptive learning technology. Learn more about both enterprises in this recent Times of India article.
  • This summer’s program in Louisville, KY,marked the first formal pilot of our”Problem-Based Approach.”Instead of developing programs around industries or geographies, the VilCap team has found it most effective to organize programs around the actual problems enterprises are solving–in Louisville, we focused on reducing the greenhouse gas emissions of the agricultural supply chain. One outcome: the two peer-selected companies–Spensa Technologies, which cuts farmers’ pesticide usage through smart insect monitoring, and Solar Site Design, which makes it easy and inexpensive for any home or real estate owner to design and implement a solar project–are building great businesses generating real impact, even though they don’t self-label as "impact” enterprises. These companies were highlighted in a fun Forbes article:"Surprise! You’re a Social Entrepreneur.”

2.New programs launching inIndia, Kenya, and the Netherlands this fall–and you’re invited to come meet the enterprises (dates and locations below).

  • "Edupreneurs,”a program Village Capital is operating in partnership with the Pearson Affordable Learning Fund, features 15 top ventures providing affordable BoP education solutions in India. Learn more about the program here; join usSaturday, October 26th in Delhi for our Customer Forum; or save the date for ourVenture Forum: November 23rdin Bangalore.
  • Village Capital-Netherlands, in partnership with Impact Hub-Amsterdam and DOEN Foundation, kicks off next week. Join Executive Director, Ross Baird, to learn more about the program and Frontier Market Scouts-Netherlands (DeBaak Institute), hosted atImpact Hub on October 31st.

3.Do you know anyone eager to get build a career in impact investing? We’re excited to announce that, with the support of Shell and the Hitachi Foundation, we’re expanding the Frontier Market Scouts program.

The Frontier Market Scouts program, which Village Capital co-founded with the Monterey Institute for International Studies and Sanghata Global, has been a leading entry point for professionals into the impact investing sector. Over the past three years, impact investors such as Invested Development, Unitus Seed Fund, and Accion, as well as enterprises in our portfolio and elsewhere have provided an on-ramp for aspiring professionals.

Thanks to Shell and the Hitachi Foundation, Village Capital has been able to expand the Frontier Market Scouts program globally. Starting with this January’s training, there will be three campuses (with more to come):

  • The Monterey Institute for International Studies
  • The Sorenson Center for Global Impact Investing(University of Utah)
  • De Baak Institute(Netherlands)

If you know someone interested in a career in impact investing, please encourage them to apply to the Scouts program by October 15th–link here.

That’s all for now – we hope to see you at one of our programs or events over the coming months, ANDE members and friends!

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Tags:  accelerators  ANDE Members  early stage ecosystem  emerging markets  Entrepreneurship  High-Growth Entrepreneurship  impact investing  mentoring  Mexico  SGBs; Environment; accelerators; energy  social business 

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Agora event in Antigua, Guatemala

Posted By Dana Warren, Agora Partnerships, Tuesday, July 16, 2013
Updated: Tuesday, July 16, 2013

We are excited to share that Living on One and Agora Partnerships are teaming up on July 27th at 6pm at El Sitio Cultural in Antigua Guatemala to share the award-winning film, Living on One Dollar, as well as a sneak-peak at Agora’s new documentary, Accelerating Impact. Living on One Dollar follows four young friends as they set out to live on just $1 a day for two months in rural Guatemala and battle with hunger, parasites and the realization that there are no easy answers. Accelerating Impact shows the journey of 35 entrepreneurs as they begin the 2013 Agora Accelerator. Following the short films, Agora's Guatemalan entrepreneurs will share their experiences and discuss how they have used the power of business to create social, environmental, and economic change in their own country. End your evening with Agora and Living on One with an after-party in Antigua to celebrate entrepreneurship. 

You can find all the details about the event on the event facebook page

Help us spread the word! You can find sample twitter posts, facebook posts, and newsletter paragraph in the attached social media guides (english and spanish).

Please contact Dana Warren (dwarren@agorapartnerships.org) with any questions!

 Attached Files:

Tags:  antigua  documentary  early stage ecosystem  Entrepreneurship  guatemala  innovation  Latin America  Philanthropy; impact investing  social business  social entrepreneurship  Women 

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