Social Impact Partnerships, is the process of raising private investments to fund prevention and early intervention programs that reduce the necessity of expensive crisis responses. You can find out more here. Thus (to a certain extent) mobilizing the private sector to reduce expenditure on public good provision. For example, a Social Impact Partnership may seek to reduce structural unemployment by 10% with a certain geographical location over a 5 year period. If the program is successful, the government will reimburse the partnership with funds, and may also engage them with further social programs. Continue reading
Tag Archives: social good
trust may be the underlying demise for social entrepreneurs.
Social Entrepreneurs operating non-monetary social enterprises may find obstacles gaining their clients’ trust. Lokesh Kuma Singh reveals his experience that not everyone is a social entrepreneur. His dairy social enterprise, encounters trust issues between his organisation and clients. He has to find a balance by ensuring that the animal he sells are healthy and inexpensive. Furthermore, going to the extent of exchanging for a new animal if it does not provide the sustainable returns it should. Continue reading
dripping wet arid – Drip Irrigation Innovation.
Over the past twenty-years ‘micro’ irrigation systems have reached 10.3 million people. In various arid areas, water scarcity is a major issue for farmers to sustain an agricultural livelihood. Drip Irrigation provides a system that allows users to efficiently and precisely manage usage water to the demands of the particular demands of the crop. If this is not a prime example of social innovation, then I don’t know what else is! An elaboration of how drip irrigation works can be found here. Continue reading