The sharing economy is usually identified with the 99 percent. Think Airbnb, BookMooch or Freecycle. You probably won’t find the 1 percent crashing in a spare room or scoring a free microwave. These rich people don’t have the need or will to share resources, right? Well, they actually do. Apparently, the 1 percent is interested … Continued
Investment & Markets
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Social ventures are constantly discovering ways to solve pressing social issues. The biggest underlying obstacle is capital to increase the reach across the world. By implementing a small twist in the way we approach non-profit business models, we can focus the efforts of social entrepreneurs into a force for solving global problems on a global scale.
The Occupy Wall Street protests now dwindling in most states look pretty tame in comparison to the kinds of riots sweeping across Europe. Few would argue this point. The real fear is that the Occupy movement may be just the beginning, and that violent responses to severe fiscal austerity measures may not be far off in some American cities, either. After all, while the Eurozone debt crisis is absorbing the lion’s share of media attention these days, there is a similar crisis quietly brewing right here in the U.S. that is just now beginning to surface.
By Piper Kujac Since the crowdfunding bill, officially called the HR-2930 Entrepreneur Access to Capital Act, was accepted by the House on November 2nd, and is expected to pass in the Senate any day now, we’re all wondering what this really means for small business fundraising. Is this the access to fundraising start-ups need from … Continued
By Jim Epstein and Alicia Epstein Korten As an investment advisor, I (Jim) am often asked to sit on nonprofit boards. I have grown uncomfortable with the term not-for-profit to describe these organizations, which often embrace business principles in their operations. For example, DC Greenworks generates income from government contracts and fees for green roof … Continued
In a store in my hometown of Ahmedabad, India, I was immediately charmed by the colorful display of intricate handcrafted embroidery on pillow covers, decorative wall-hangings and silk kurtas. The needlework was simple, yet elegant, distinctive – and yes, expensive. At first I hesitated over whether to spend so much on an embroidered piece I really liked. Then I read the price tag a bit more carefully and noticed that 65 percent of the proceeds went directly to the artisans, and the store itself was affiliated with SEWA, the Self-Employed Women’s Association.
3p is proud to partner with the Presidio Graduate School’s Managerial Marketing course on a blogging series about “sustainable marketing.” This post is part of that series. To follow along, please click here. By Kartika Chendorain Tulusan The Battle of Seattle was a sign of a change and the rise of civil society. It lead … Continued
Michigan Central Station (MCS, or Michigan Central Depot) stands tall as a monument to the time when Detroit was one of America’s most important economic centers. Could it make a comeback?
Nedbank Capital, one of the largest South African banks, and Face the Future, a global forest carbon project developer, signed a memorandum of understanding (MOU) last week to jointly develop sustainable forestry projects in Africa. Both companies already participate in developing African forestry projects. The MOU will allow the companies to bring together Face the … Continued
Last week the solar industry finally generated good news. Warren Buffett’s MidAmerican Energy Holdings agreed to buy First Solar’s Topaz solar farm, a 550-megawatt photovoltaic solar farm currently being built in Southern California (construction began last month and is set to finish by early 2015). The financial details of the purchase of the plant were … Continued
In October 2008, 8 weavers committed suicide in Sircilla, a small town in the state of Andhra Pradesh (India). This was preceded by another incident in 2006, when a destitute weaver of Sircilla sold his four-month-old son for Rs 500 (approx. $10) to keep the hearth burning.
Last month KPMG released the results of a survey of corporate social responsibility reporting that found that 95 percent of the Fortune 250 is now reporting on CSR activity. Among the largest 100 companies in each country surveyed, CSR reporting increased by 11 percent since 2008. Clearly, sustainability reporting is not just a passing trend. But … Continued
Last week Forbes added a new list to its famous collection. It wasn’t about the richest people in Asia, the most powerful women in America or the best companies worldwide, but about the top social entrepreneurs. For the first time in its 94-year history, Forbes assembled the Impact 30: a list of the world’s leading … Continued
With stimulus initiatives in the form of soft loans, cash incentives, tax credits and grants expiring, the U.S. energy sector must find new investors and new tax-based equity financing structures over the next 18 months or risk a sharp decline in new project builds, according to a report by the specialist research firm Bloomberg New … Continued