Last week, I joined nearly 100 of my monitoring and evaluation peers in Washington, DC to talk impact, measurement and data at the 2015 Metrics Conference hosted by the Aspen Network of Development Entrepreneurs (ANDE).
In regions of the world where grid electricity is inaccessible, GreenLight Planet’s line of Sun King branded solar lights is becoming a household name. In simple terms, Greenlight Planet (GLP) makes really cool products designed for people living in poverty.
In the field of development economics, the “last mile distribution challenge,” how to service the most geographically isolated corners of the world, is often portrayed as an amorphous concept that stumps social entrepreneurs around the world.
For a young social enterprise, capital and the terms attached to it are the principal fuel for growth. Many start-ups see this as a catch-22.
In Part 2 of our GreenTech series, we discussed the various types of solar products that have emerged to provide lights and other appliances to families living off-grid. Given the impact and strong demand for these products, combined with affordable price points and financing options, why doesn’t every family living off-grid already have a solar panel on their roof?
Last week I had the good fortune to attend SOCAP13, an event touted as the “intersection of money and meaning.” Over 1,800 people attended countless plenary sessions, panels, meetings, and receptions that facilitated idea exchanges on impact investing and social enterprise. Below are three of the major themes I took away from this year’s conference:
As a fund development professional, my weeks are often filled with insular activities that lead to a rather intimate relationship with my keyboard and telephone. My day to day includes reviewing prospect lists, drafting investor reports, and setting up meetings with funders. Please don’t misunderstand me; these are all important aspects of my role at GP, but they often leave me wanting for face to face dialogue and discussion.
While all of our partners are classified as social enterprises – mission-driven organizations which apply market-sustained strategies to achieve a social purpose – each employ different business models that catalyze the flow of essential goods and services to people living in poverty.