Vietnam: Fund for pro-poor businesses debuts

Via: Next Billion The Vietnam Challenge Fund (VCF), a new financial instrument to support new business projects that directly benefit the poor was launched Tuesday in Hanoi. With an initial budget of US$3 million for 2009-2011, the fund is a major component of the “Making Markets Work Better for the Poor Phase 2″ initiative. It [...]

Adidas, Grameen ink MoU to make shoes in Bangladesh for world’s poor

German sporting goods giant Adidas has inked a Memorandum of Understanding with the Nobel laureate Muhammad Yunus’ Grameen to make low-cost shoes next year in Bangladesh for poor and barefoot of the world. Yunus, who was awarded the 2006 Nobel Peace Prize for his development of micro-credits that benefit poor people, told Xinhua Wednesday, “Grameen [...]

Fellowships for professionals in social Enterprises

If you are a young professional thinking about changing a career towards a job in a social enterprise or you just want to use your skills to help a mission-driven organization, check out these 3 fellowships who will place you in social enterprises in Asia Pacific (Singapore, Cambodia, India & Pakistan). 1. LGT Venture Philanthropy’s [...]

Asian IT social enterprise expands into UK

Great news spread by Social Enterprise: Digital Divide Data, an online data storage social enterprise that employs disadvantaged young people in Cambodia and Laos has just launched a European office in Oxford – and has plans to triple its social impact within three years. Digital Divide Data opened in Phnom Penh in July 2001 with [...]