Friday, December 2, 2011

Another example of social entrepreneurship: Acumen Fund

Another fine example of social entrepreneurship... Acumen Fund is not a 'micro-lending'-type of fund like Grameen Bank, but a true investment fund offering advice and management skills to the projects they choose to fund. But, contrary to the classical investment funds, Acumen chooses sustainable, long-term projects in the poorer parts of the world, and doesn't necessarily need (or want) to maximize profits...

Perhaps such a model could work in the 'developed' world as well....

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