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Inspiring Social Entrepreneurs Podcast
47 minutes | Apr 8, 2021
Episode 109: Interview with Kevin Starr, the founder of the Mulago Foundation
In this episode, we welcome back Kevin Starr back to the podcast to update us on the work of the Mulago Foundation. Kevin explains how Mulago’s focus has inevitably extended over time to take into account climate and the environment--the focus of Mulago's Henry Arnhold Fellows Program. Kevin’s main focus at Mulago is lasting change at scale and he explains how he thinks about scaling-- and the importance of structuring investments to make sure that profit and impact are aligned. In this wide ranging and stimulating interview, Kevin shares his perspective on the state of social entrepreneurship today, the reality of impact investment, and his evolving thoughts on measuring impact. Kevin is the founder of the Mulago Foundation, which funds early stage social entrepreneurs devoted to maximum impact at scale in developing countries. Kevin set up the Reiner Arnhold Fellows Program in 2003 to apply Mulago’s principles and tools to help social entrepreneurs turn good ideas into lasting change at scale-- and in 2016, the Henry Arnhold Fellows Program to add a focus on environmental solutions. Kevin was the primary instigator of Big Bang Philanthropy, a group of funders that work together to direct more money to those best at fighting poverty, Over the years, Kevin’s taught hundreds of social entrepreneurs
57 minutes | Jan 25, 2021
Episode 108: Interview with Jagdeesh Rao, Curator - Promise of Commons initiative, and former CEO FES
The Foundation for Ecological Security (FES) works on the ecological restoration and conservation of land and water resources in ecologically fragile, degraded regions of India, primarily through the collective efforts of village communities. FES is currently working with more than 20,000 village communities on more than 6 s million acres of common lands across 10 states of India. Jagdeesh has overseen the growth of FES over 20 years--his work has been widely recognized and he has received the Times of India Social Impact award, the Nobel Laureate Elinor Ostrom Award on Commons, UN’s Land for Life award, and the Skoll Award for Social Entrepreneurship. In this inspiring episode, Jagdeesh discusses FES' vital ecological restoration and conservation work in land and water resources in ecologically fragile, degraded regions of India, highlighting the distinctive way FES works with local communities, and its philosophy and approach to restoration. He also looks forward to his new role as Curator of the Promise of Commons Initiative in India.
57 minutes | Dec 22, 2020
Episode 107: Interview with Austin Whitman CEO of Climate Neutral, US based consumer-focused climate certification company
Austin explains how Climate Neutral aims to inspire consumers to factor a brand’s climate impact into their buying decisions. Climate Neutral software enables organizations to have a verifiable carbon footprint-and it also enables Climate Neutral-certified brands to buy carbon offsets that deliver carbon mitigation. He explains the operations of the carbon-offset market, the company’s approach to building a brand, and some of the challenges of building up the company. Austin has worked in technology, climate and clean energy finance for two decades with many small and early stage organizations. He also earned an MBA from Yale. Before launching Climate Neutral he was Vice President at a customer intelligence software platform for utilities and energy service providers.
53 minutes | Nov 2, 2020
Episode 106: Kate Roll, Head of Teaching and Assistant Professor at Institute for Innovation and Public Purpose
Today's interview features Dr. Kate Roll an Assistant Professor and Head of Teaching at UCL’s Institute for Innovation and Public Purpose (IIPP). Kate is a political scientist interested in how business, technology, and the state interact to improve the lives of the most vulnerable. Bringing her background in international development, Kate discusses inclusive business and the concept of bottom of the pyramid development and it's consequences for corporations and impoverished populations. Kate also shares her insights on what makes NGO and corporate partnerships succeed- and perhaps more interestingly, what makes them fail. Kate holds a BA in International Relations (honors, Phi Beta Kappa) from Brown University, and both an MPhil in International Development Studies (distinction) and DPhil in Politics from the University of Oxford. She has taught both undergraduate Empirical Politics and Management Studies at the University of Oxford, and she continues to teach both at the Saïd Business School, University of Oxford, and on IIPP's flagship MPA in Innovation at University College London.Her multi-disciplinary work brings a focus politics and power to questions such as 'who gets what after war?' and 'how should corporations work with those in poverty?' Committed to grounded research, she has conducted fieldwork in Timor-Leste, Indonesia, the Philippines, and Kenya. She currently leads research at IIPP focusing on the sustainable development goals (SDGs), with a particular interest in issues of financing and conflict (SDG16).
61 minutes | Oct 6, 2020
Episode 105: Aparna Hegde Founder of ARMMAN
In this interview, Dr. Aparna Hegde, an internationally renowned Urogynecologist and the founder of the NGO, ARMMAN (Advancing Reduction in Mortality and Morbidity of Mothers, Children and Neonates) shares her insights behind building scalable programs using technology and partnerships to innovatively impact maternal and child health. ARMMAN leverages technology to design & implement sustainable interventions to reduce maternal, neonatal, child mortality and morbidity in underserved communities. Working in 16 states in India, ARMMAN's five programs have reached more than 18 million women and their children.Drawing from her hard earned experiences pioneering ARMMAN, Aparna discusses the impressive partnership ARMMAN has built with the Indian government. Aparna also details a key factor contributing to the growth of ARMMAN: deploying technology to meet women where they are. Driven by her passion to empower underserved Indian women through public health, Aparna's vision for ARMMAN is unshakeable.Aparna is TED Fellow 2020 and was awarded USAID ‘Social Entrepreneur’ award (2018), ‘Woman ChangeMaker’ award (Womanity Foundation, Geneva, 2017), Woman Icon Award in Asia by Nanyung University, Singapore (2016), ‘People’s Choice Award’ at Saving Lives at Birth event (Washington DC, 2011), among other awards. She has been featured as one of the five global women leaders in the Voice of America documentary, ‘A Single Step: Journeys of Women Leaders’ (2015). ARMMAN was awarded the British Medical Journal South Asia Award for ‘Maternal & Child Health Team’ (2018), WHO Public Health Champion Award (2017) & is the only Indian NGO to have ever won the ‘GSK-Save the Children International’ grant.
44 minutes | Sep 28, 2020
Episode 104: Celina de Sola, Founder of Glasswing International
In this episode, Celina De Sola talks about the growth and development of Glasswing International, a non-profit which aims to address the root causes and consequences of violence and poverty in communities in El Salvador, and other Latin American countries. Celina talks about the importance at the outset of understanding the roots of violence, rather than the symptoms. She highlights the critical importance of applying rigorous tests to measure social impact. She shares her experience on how to find funding, form strategic partnerships and highlights the importance of establishing honest partnerships between donors and communities. Celina also discusses the strategy behind creating a robust program that involves multi-sector partnerships between the private and public sectors. Finally, she touches on the challenges of maintaining sustainable growth as a multi-regional social enterprise.Glasswing is a non-profit which aims to address the root causes and consequences of violence and poverty, by building partnerships across public, private, and civil society sectors to implement public education, health, and community development programs. Set up in El Salvador, Glasswing has expanded Glasswing to eight other countries in Central and South America. In their thirteen years of operation Glasswing has impacted 1.1 million people and mobilized over 120,000 volunteers.Celina de Sola has more than 20 years of experience in international development and social change. She’s worked as a consultant for organizations like the Population Council and family foundations. Celina was also a crisis interventionist for Latino immigrants in the US, and subsequently spent over five years as Director of Emergency Response for AmeriCares, leading responses to complex humanitarian crises. Celina is a Fellow of the Obama Foundation, Ashoka, LEGO ReImagine Learning, Penn Social Impact, is a Skoll Foundation Awardee and a Tallberg Global Leader. Celina holds a Masters degree in Public Health from Harvard University and Masters in Social Work from the University of Pennsylvania’s School of Social Policy and Practice.
51 minutes | Jun 17, 2020
Episode 102: Interview with Narayan Dhakal, Executive Director of Nepalese NGO, EcoHimal Nepal
EcoHimal Nepal is non-government organization (NGO) founded in 2009 with the goal of achieving sustainable development through community empowerment in Nepal’s mountain areas. It has almost two decades of experience in livelihoods enhancement through sustainable development and community capacity-building, having worked in the region since 1992 as the Asian Regional Office of Eco Himal, an international non-government organization (INGO) based in Salzburg, Austria. As a national NGO, EcoHimal Nepal will support the Nepal Government’s policy and work as a development partner in building the nation. EcoHimal’s mission is a prosperous, empowered and self-sustained Nepali society free of poverty, injustice and social discrimination. It works to achieve sustainable development through community empowerment in Nepal’s mountain areas by improving local livelihoods ensuring management and access to natural resources by local communities, and reducing vulnerabilities of mountain communities to environmental disasters. In this inspiring interview, Narayan discusses the growth and evolution of EcoHimal and the organization’s current scope and focus. He discusses the roots of the environmental problems in rural areas in Nepal and EcoHimal’s distinctive, community-led approach to dealing with these issues—with a specific focus on education—and its work to enhance livelihoods of mountain communities. Narayan also talks about EcoHimal’s recent approach to funding and partnerships –including the success they’ve had with The Glacier Trust (UK) in enabling farmers to produce, roast and sell coffee as a climate change adaptation strategy.
52 minutes | Apr 27, 2020
Episode 101: Interview with Sue Riddlestone, OBE, Founder of Bioregional
Sue is Founder of Bioregional, a UK social entreprise that, works with partners to create better, more sustainable places to live, work and do business. Bioregional developed BedZED eco-village the first of its kind in the UK and out of this the One Planet Living approach, ten interconnected and holistic principles to show people how to make sustainable living actionable and desirable. Sue was also instrumental in designing SDG12, focused on sustainable consumption and production – essential to One Planet Living. Sue is an Ashoka fellow.
41 minutes | Jan 17, 2020
Episode 100: Interview with Nadina Galle, CEO and Co-Founder at Green City Watch, an Amsterdam-based geoAI company empowering urban foresters to manage their tree inventory in real-time.
In this inspiring interview, Nadina Galle, CEO & Co-Founder at Green City Watch, speaks to the growing trend of urbanization, and the key role that that urban forests play in greening cities. She explains how Green City Watch uses powerful AI and machine learning technologies to provide a cost-effective solution to oversee and manage urban green spaces and talks about the company’s first product focused on urban forests.Nadina Galle is an ecologist whose practice spans the fields of sustainability, technology, and urbanism. She is CEO & Co-Founder at Green City Watch in Amsterdam, a global, award-winning geospatial AI company focused on renaturing cities and development of urban forests. Nadina holds degrees in ecology, evolutionary biology and earth sciences from the universities of Toronto, Singapore, and Amsterdam. She is currently pursuing a Ph.D. in Ecological Engineering, at University College Dublin Spatial Dynamics Lab, Massachusetts Institute of Technology (MIT) Senseable City Lab, and Trinity College Dublin.
54 minutes | Sep 26, 2019
Episode 98: Interview with Jordan Kassalow and Jennifer Krause on their inspiring new book, Dare to Matter: Your Path to Making a Difference Now
In this interview, social entrepreneur Jordan Kassalow, and rabbi and author, Jennifer Krausediscuss Dare to Matter, their inspiring new bookwhich brings together Jordan’s experience as a successful social entrepreneur and Jennifer’s deep insights into inherited Jewish traditions. They set the context clearly from the outset—an economic model that does not work for many, and intense and growing societal pressure on young people and people in the workplace. Against this background, a growing number of individuals are yearning to find a deep meaning in life beyond the material –Jordan cites recent research on the limited impact that material wealth has on happiness, beyond a certain level. Both Jordan and Jennifer are passionate about the potential for every individual to make a difference in the world—and they share their thoughts on how to integrate what you do to earn a paycheck with your desire to build a better world. While recognising that not everyone will live a life like Mother Theresa, Jennifer believes “there is something in the world that calls on, that needs each and every one of us” –and they highlight the central importance of “Discover the Need that Needs you Most.” This is hugely inspiring interview that will help those that want to make a difference in the world live a life with purpose by using their unique gifts.Jordan Kassalow is the founder of VisionSpring, a successful social entreprise that works to ensure affordable access to eyewear, everywhere, as well as co-founding EYElliance, a multi-stakeholder coalition driving global strategy to increase access to eyeglasses at scale. Jordan also launched the Global Health Policy Program at the Council on Foreign Relations. Previously, Jordan served as director of the River Blindness Division at Helen Keller International. He is a fellow at Draper Richards Kaplan, Skoll, Ashoka, and the Aspen Institute. Jennifer Krause is a rabbi and author who weaves together an innovative mix of sacred text, contemporary experience, and popular culture in her work. She is the author of The Answer: Making Sense of Life, One Question at a Time and her writing and commentary have been featured in Newsweek, The New York Times, and, Time.com
47 minutes | Feb 26, 2019
Episode 97: Interview with Rebecca Masisak, CEO of TechSoup, a non-profit international network of NGOs that provide technical support and technological tools to other nonprofits and social benefit organisations
Rebecca Masisak is CEO of TechSoup–she sets the strategic direction and provides executive oversight of all aspects of the organization and its global operations. Ms. Masisak joined TechSoup in 2001 to launch its e-commerce donation platform, moving the organization from a local San Francisco Bay Area focus to a national reach. In 2006, she founded the TechSoup Global Network to scale the program’s impact globally. Ms. Masisak became CEO of the organization in 2012, after having served the prior six years as co-CEO. She previously worked as a strategy consultant with Coopers & Lybrand and in leadership roles at several Internet businesses.Ms. Masisak holds an M.B.A. from the Columbia University Business School. In 2017, she was honored as one of the nonprofit sector’s “top 50 most influential leaders” by the Nonprofit Times and named one of the “most influential women of the Bay Area” by the San Francisco Business Times. She co-leads the Bay Area Social Enterprise Leadership Forum.In this insightful interview, Rebecca talks about the tech challenges that NGOs and social benefit organisations face, the importance of technology within the sector and TechSoup’s growth and evolution. She highlights the key role of tech donors supporting the sector and the way that TechSoup works with a growing number of corporate donors to deliver services around the world. Rebecca also identifies some of the distinct problems that NGOs face trying to fund technology development in the current business climate. She also discusses how the organisation has dealt with scaling, collectively growing the tech resources devoted to expanding the capacity of the global social sector and how the organisation has achieved its hugely impressive impact.TechSoup has recently launched a $11.5 million growth capital campaign, an ambitious initiative to nearly double the number of nonprofit organizations it serves. The campaign includes opportunities to invest in TechSoup’s growth through a Direct Public Offering (DPO). With investment minimums as low as $50, the DPO is uniquely structured to engage with TechSoup’s community, including the nonprofits they serve and the technology companies they partner with. The DPO is gathering grassroots support and attracting the interest of major impact investors, including Microsoft Philanthropies, which recently made a $1 million impact investment into the DPO. The investment will enable TechSoup to develop new offerings to help nonprofits utilize technology to amplify their mission and impact. The investment it will also encourage investors of all stripes to support TechSoup’s growth initiative and catalyze the impact to the sector.
39 minutes | Nov 23, 2018
Episode 96: Interview with Jed Emerson author of The Purpose of Capital: Elements of Impact, Financial Flows, and Natural Being
In this inspiring and thought-provoking interview, Jed describes his decades long work in the field of impact investment and the motivation behind his most recent book The Purpose of Capital: Elements of Impact, Financial Flows, and Natural Being. Jed explores the historic roots of our understanding of capital—and goes on to suggest that the idea that there is this gap between philanthropic capital and market rate capital is not correct-that all investments should be considered impactful. Rather than seeing progress as linear, Jed argues we should consider it as a spiral, where we can search for both a deeper and higher understanding. He also asks us to stop seeing ourselves and our successes as separate, but rather to see how we are all connected—and he challenges each of us to pause and reflect on what our fundamental intent is – to be successful, or to have a positive impact—and inspires us to transform financial and investment models to optimize the legacy we leave on society and the environment. This is a fascinating discussion questions the idea that financial returns re the main driver for creating impact in the world and offers the prospect of healing the long standing separation between economic/financial value and social/environmental value.Jed Emerson is strategic advisor to family offices and wealth management firms executing diverse approaches to investing for financial returns with social and environmental impact. Co-author of the first book on impact investing, as well as six other books on impact investing and social entrepreneurship, he has been active in both fields for nearly thirty years. He has served as founding director and board member of diverse social enterprises and impact investment groups. Emerson is a Senior Research Fellow at University of Heidelberg’s Center on Social Investing and has held faculty appointments at Harvard, Stanford and Oxford business schools. He has taught social entrepreneurship at Kellogg Business School and NYU-Abu Dhabi in the U.A.E. In the late 90s, Emerson coined the concept of Blended Value to describe the reality that the value we create in our lives and through our investing is a blend of social, environmental and economic elements. While the value we create is whole, we are asked to choose between doing well or doing good, making money or engaging in philanthropy and working in nonprofit or for-profit organizations.
37 minutes | Oct 30, 2018
Episode 95: Interview with Ann Mei Chang, author of Lean Impact: How to Innovate for Radically Greater Social Good
As the former Chief Innovation Officer at USAID, Ann Mei served as the first Executive Director of the US Global Development Lab. In this role, Ann Mei was responsible for identifying breakthrough innovations and transforming the way development was done in order to accelerate our pace of progress. Her firsthand knowledge in both tech and nonprofit startups have provided her with keen insight into the many challenges inhibiting the growth of new ideas. Ann Mei describes in this interview the difference between the traditional Lean Startup Model and the Lean Impact model she proposes in her new book, Lean Impact: How to Innovate for Radically Greater Social Good. She explores with us some unique ways to consider scalability from the beginning, workarounds for handling limitations and/or restrictions to funding and donor relationships, and dares us to think BIGGER by focusing on the needs of the world rather than the constraints that can hinder our creativity. Ann Mei encourages all businesses to adopt a Lean Model as a standard best practice as so understanding and adaptation can be applied as quickly as possible for optimal performance solutions.
39 minutes | Sep 19, 2018
Episode 94: Interview with Randy Paynter, founder of Care2
With a natural philanthropic spirit, Randy Paynter founded the online advocacy website, Care2, in 1998 with the hope of making the world a kinder, more inclusive, and sustainable space. The business works by focusing on two aspects in which to generate support for social and environmental causes around the world. First, they empower individuals to take collective action through the petition of their own campaigns. Second, they work directly with non-profits to craft campaigns in an effort to generate/ recruit more donor prospects. Their scale and expertise allows them to effectively navigate shifts in the online market to maximize connections between activists and individuals, organizations, and responsible businesses trying to make positive impacts. Since it’s creation, Care2 has recruited over 90 million donor prospects for non-profits making them a leader in online advocacy.In this interview, Randy outlines the initial challenges he faced while raising money to start Care2, and his sincere belief in creating an “engine for good” business model where good actions generate revenues that will help fuel more good actions. He discusses the concept that positive feedback through donation helps drive personal motivations to do more, and offers some examples of the types of hyper local or hyper specific campaigns that work well. Randy describes how big changes with the internet, primarily through the growth of Facebook and Google, has shifted the way we engage with various causes and non-profits by generating “interruptions” on social media. This may play an important role in the general increase seen in activism. As the spotlight grows on the transparency and accountability of businesses and governments, Randy mentions how these organizations will need to embrace more socially and environmentally sustainable practices.
46 minutes | Jul 17, 2018
Episode 93: Interview with Harish Hande, co-founder SELCO INDIA
Harish Hande is an Indian social entrepreneur who co-founded SELCO India in 1995 to eradicate poverty by promoting sustainable technologies in rural India. SELCO India is a social enterprise that provides sustainable energy services to the poor in India, sustainable energy solutions and services to under-served households and businesses. SELCO empowers its customer by providing a complete package of product, service and consumer financing through grameena banks, cooperative societies, commercial banks and micro-finance institutions. Harish has won numerous award including the prestigious Ramon Magsaysay Award, for “his pragmatic efforts to put solar power technology in the hands of the poor.” Hande was also named the Social Entrepreneur of the Year 2007 by the Schwab Foundation for Social Entrepreneurship and the Nand & Jeet Khemka Foundation.In this wide ranging and fascinating interview, Harish discusses the underlying myths that SELCO was set up to disprove: 1) Poor people cannot afford sustainable technologies; 2) Poor people cannot maintain sustainable technologies; 3) Social ventures cannot be run as commercial entities. Harish is outspoken about the possibilities for poor people to rise from poverty and shares his vision for helping alleviate poverty in India. He identifies the flaws at the heart of “Bottom of the pyramid” thinking—the poor as consumers-rather than also as possible innovators and entrepreneurs — and also criticises traditional thinking about “frugal innovation.” This is an hugely inspiring interview full of powerful ideas and insights based on Harish’ experience working with poorest people in India.
42 minutes | May 10, 2018
Episode 92: Interview with Odin Mühlenbein, Partner at Ashoka Germany and Lead of Advisory at Ashoka Globalizer
Odin Mühlenbein is Partner at Ashoka Germany and Lead of Advisory at Ashoka Globalizer–an accelerator program that helps advanced social entrepreneurs from around the world develop strategies for social system change. Odin takes the learnings from Ashoka Globalizer to spread the word about system change and systems thinking, both within Ashoka and the field of social entrepreneurship. Previously, Odin worked as a consultant at McKinsey & Company and co-founded two social ventures. In this interview, Odin talks the growth and importance of systems entrepreneurs — and the ways in which Ashoka Globalizer promotes insights and learnings about social system change, gleaned across the Ashoka network. Odin discusses the distinct role that system change entrepreneurs can play and how social entrepreneurs more generally can embrace the power of systems thinking-and discusses the importance of “tipping points’ in systems at a global level. Odin identifies the qualities a social entrepreneur needs to cultivate in order to become a successful systems entrepreneur. Finally, he discusses the perennial challenge of funding these ventures.
81 minutes | Apr 26, 2018
Episode 91: Interview with Dr. Charly Kleissner, co-founder KL Felicitas Foundation
Dr. Charly Kleissner is a pioneer in the field of impact investment. He believes that the deeper meaning of wealth is to make a positive contribution to humanity and the planet. Dr. Kleissner co-founded KL Felicitas Foundation (www.klfelicitasfoundation.org), and Social-Impact International (www.social-impact.org), which help social entrepreneurs worldwide to accelerate and increase their impact. Dr. Kleissner co-founded Toniic and the 100% Impact Network, global networks for impact investors. Dr. Kleissner serves as Chairman of the Advisory Board of the Global Hub Company (www.the-hub.net), and as Board Director and Chairman of the Investment Committee of ImpactAssets.In this extended and wide-ranging interview, Charly paints an exciting picture of the state of impact investment today, talks about the importance of “deep impact investing”-and shares his abiding belief in the potential of changing the financial system to build a better world. Charly talks about his experience at TONIIC and the 100% impact network and highlights the results that have been achieved at the KL Felicitas Foundation (that impact investors can construct a 100% impact portfolio and achieve competitive financial returns in all asset classes while making a big impact). Charly highlights some of the important work the Foundation is doing supporting the impact investment ecosystem. Finally, he discusses how modern portfolio theory should be re-conceptualized to integrate positive impact. (This is an edited version of an interview posted on the Financing Social Entrepreneurs podcast.)
26 minutes | Mar 21, 2018
Episode 90: Jonah Sachs, co-founder of Free Range Studios and viral marketing innovator
Jonah Sachs is an internationally recognized storyteller, author, and designer. He is the co-founder and chief storytelling officer of Free Range Studios, an advertising and marketing firm that specializes in nonprofits and socially responsible businesses. Jonah has helped hundreds of social brands and causes break through the media din with campaigns built on sound storytelling strategies. Jonah’s latest book, Unsafe Thinking, explores latest research into creativity and performance to present effective strategies to achieve higher performance and creativity and deliver successful innovation. In this interview, Jonah talks about the key ideas underlying his new book, and the importance of Unsafe Thinking for social entrepreneurs and innovators. He provides fresh and stimulating insights on creativity and the experience of “flow” –identifying when social innovators need to make sure that they are at their most creative –and when they need to focus on grit and determination to get things done. This is a fresh and stimulating look at latest thinking about creativity and effective performance which will be helpful to all social innovators.
58 minutes | Feb 28, 2018
Episode 89: Interview with Tim Freundlich, President of ImpactAssets
Tim Freundlich is President of ImpactAssets, a boutique donor advised fund that specialises in socially responsible and impact investment options to mobilise human and financial capital towards a sustainable world. Tim is a long-term innovator in new financial instruments in the social enterprise sectors and was instrumental in establishing the precursor to ImpactAssets, the Calvert Giving Fund. Tim is also co-author of the ImpactAssets Handbook, an introductory text on how to become best positioned to engage in impact investing as an asset owner.In this interview, Tim gives us an overview of ImpactAssets activities and the role of donor advised funds, philanthropic donations that are responsibly managed to maximise their long-term impact, allowing any individual donor in effect to be like the Gates Foundation. Tim discusses challenges and opportunities for financing small-scale social entrepreneurs and talks about different forms of impact investments, distinguishing between those that are “gap driven” and others that are “opportunity driven.” Tim is optimistic with regard to the millennial generation’s overwhelming support for purpose-driven business models. Given millennials are due to inherit the greatest generational wealth transfer in history this provides substantial opportunities for expanding such financial models. Finally, Tim stresses how impact investments’ rapid growth and proven track-record is changing finance and bringing impact led investing into the mainstream(This is an edited version of the original podcast episode from the Financing Social Entrepreneurs podcast series.)
43 minutes | Jan 30, 2018
Episode 88: Interview with Harvey Koh, Managing Director at FSG
Harvey Koh is Managing Director at the global social change consulting firm FSG. Based in FSG’s Mumbai, India office, Harvey directs research and advocacy in the area of Inclusive Markets, advancing thinking about inclusive business and market-based solutions in development, with a global perspective. His primary focus is working with donors and companies to develop and scale inclusive business models that benefit the poor, across the housing, water and the healthcare sector.In this interview, Harvey discusses FSG’s recent report Shaping Inclusive Markets: How Funders and Intermediaries can Help Markets Move Towards Greater Economic Inclusion. The report analyses historical cases where inclusive markets lead to expanded opportunities for a broadly shared prosperity and seeks to understand the ways in which they were achieved. Harvey stresses the importance of reimagining markets to produce inclusion. He underlines their importance in creating inclusive societies, as the poor are already participants in markets for basic services. He discusses some of the key findings from the report, particularly the importance of producer ownership in creating equitable livelihoods for poor and marginalised groups. He also addresses the importance of changing ownership structures in corporations, particularly the primacy of maximising shareholder return, in order to help businesses achieve long-term social goals. Finally, he briefly touches on the juncture between inclusive markets and sustainability issues.
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