01 March 2007

Acumen Fund uses entrepreneurial approaches against poverty

The idea using of entrepreneurial approaches to solve problems of global poverty is close to my heart as a "business man" with a passion to "MakePovertyHistory". The non-profit Acumen Fund seeks to prove that small amounts of philanthropic capital, combined with large doses of business acumen, can build thriving enterprises that serve vast numbers of the poor. Their investments focus on delivering affordable, critical goods and services – like health, water and housing – through innovative, market-oriented approaches.

Therefore when I first learned about Acumen Fund, I followed them closely and when they recently announced a fellowship program, I had to apply. They have offices in New York and India as well as operations in Africa... it seems to be a great match between Acumen's and my mission, let's hope it works out. Read more about them in BusinessWeek or Acumen's website.