In an attempt to further bolster West African tech startups, seed fund and accelerator 88mph will open up shop in Lagos, Nigeria in February. 88mph traditionally looks for early-stage companies with a mobile-web focus, especially those that serve local…
LabourNet Services India Private Limited (LabourNet) today announced an undisclosed equity investment from Acumen, a pioneering nonprofit global venture firm addressing poverty across South Asia and Africa, and the Michael & Susan Dell Foundation, an organization focused on improving the lives of impoverished children through education and health in the United States, South Africa and […]
Keya is the Innovation Associate at Acumen in the New York office. She recently visited several of Acumen’s investee companies on a trip to East Africa, and discusses her experience below. Africa is a continent of colors; the deep blue of the sky, the brown roads snaking through oceans of dense green like rivulets, and […]
Sasha Dichter is Acumen’s Chief Innovation Officer and writes regularly about impact and philanthropy. Below he discusses why Acumen believes deeply in dedicating resources to measuring impact. As impact investing goes more mainstream, there is a growing chorus suggesting that impact measurement might be the providence of academics and idealists. (as in, “…we have spent […]
Bank Alfalah and Acumen have partnered to launch a program entitled ‘Eradicating Poverty through Entrepreneurship in Pakistan’, based on a $40,000 grant from the Bank. The signing ceremony took place in Karachi today and was attended by Jacqueline Novogratz, Founder and CEO of Acumen, and Atif Bajwa, CEO of Bank Alfalah amongst others. With a […]
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Most of us don’t consider the implications of having a functioning toilet each and every time we use one. We rarely worry over where we’ll go when nature calls. There’s no concern over whether or not the waste will end up in our drinking water or if we’ll contract illness due to the inability to […]
Acumen today announced a INR 43 Million/$750,000 equity investment in Asian Health Alliance, a company that owns and operates affordable and high quality medical diagnostic facilities in low income semi-urban areas and rural areas across Karnataka under the brand name Asian Health Meter (AHM) at prices which are significantly lower than large, metro centric diagnostic […]
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Dear Friends, As some of you know, over the last few months I have been transitioning out of my day to day role with Agora Partnerships, an organization I had the privilege of co-founding and managing next to my friend … Continue reading →
Acumen announced a $250,000 equity investment in SRE Solutions, a provider of high-quality solar products to off-grid customers throughout rural Pakistan. Using a unique retail distribution network and employing local entrepreneurs, the upfront payment and monthly installment for the micro-credit product brings solar solutions within an affordable range for these off-grid households. Acumen’s investment will enable […]
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Acumen has been selected for the ImpactAssets 50 2013, a free, online resource for impact investors and their advisors. The IA 50 is the first publicly available database of private debt and equity impact investment fund managers. Fund managers included in the IA 50 2013 manage a combined $10.8 billion in assets within the impact […]
We’re delighted to announce that EduBridge has been awarded the ICICI Foundation-CNBC TV18 Emerging India Award under the Urban Livelihoods category! The annual Emerging India awards recognize and honor small medium enterprises that are doing exceptional work in creating value and impact across different business sectors. Founded in 2009, EduBridge provides skill development training for […]
What Happened This week, B Lab and Acumen announced that PULSE is being incorporated into B Analytics. B Analytics is a customizable platform that various players in the impact space use for measuring, benchmarking and reporting on impact. In 2006, Acumen developed PULSE, a software that enables impact investors to collect, manage and report on […]
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Last week I attended the launch of the World Economic Forum report on impact investing. At the Forum’s New York Office a panel of Dave Chen, Audrey Choi, Alicia Glen, and Tracy Palandjian gave their respective and frankly, fascinating, takes on what is a refreshingly precise and measured report. My only misgiving is that like […]
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Safdar Hussain is a current Acumen Pakistan Fellow and reflects below on his journey as a Fellow this year. Acumen is now accepting applications for the next cohort of Acumen Fellows not only in Pakistan, but also in East Africa and India as well. Click on the above links to apply. The deadline to submit your application is 23 September 2013 […]
This blog post was written with the help of Irene Chong who took the Acumen Leadership Essentials Course last winter. Irene shared how the course inspired her group to take action in their local community. Registration for the next Acumen Leadership Essentials course is open till September 23rd and the course will begin on September […]