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For Goldman, Success in Social Impact Bond That Aids Schoolchildren

Nathaniel Popper

October 07, 2015 |

The New York Times |

Text |

800-1500 Words

Response Location: United States, Utah

In Utah, Goldman Sachs funded the education of preschoolers and was reimbursed by the state once it was shown that the kids would not need special education. Social impact investments, like this one in Utah, can help social programs in the U.S. which are often affected by government cuts.

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New data reveals which approach to helping the poor actually works

Dean Karlan

June 17, 2015 |

Reuters |

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Under 800 Words

Response Location: Ethiopia, Korom

For years, policymakers have debated different approaches to helping the poor , but new data offers resounding evidence for a strategy that works: an approach known as a “Graduation” program. This method offers participants a “productive asset” to generate income with training on how to use it, as well as the resources (such as healthcare, food, loans, and coaching) to maintain the asset while building a pathway out of poverty.

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Carbon Pricing Helping Farmers Ease Methane Pollution

John Upton

April 24, 2015 |

Climate Central |

Text |

800-1500 Words

Response Location: United States, Sacramento, California

The government wants more farmers turning waste methane into biogas to help combat the negative effects of global climate change. California is leading the initiative, largely through a cap-and-trade program.

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Owning Is the New Sharing

Nathan Schneider

December 21, 2014 |

Shareable |

Text |

Over 3000 Words

Response Location: United States

Entrepreneurs have tried to avoid putting their projects in the hands of venture capitalists fearing loss of control of the project direction and vision. The sharing community combats that by allowing entrepreneurs to fund their projects with the help of small investors, but the customers to become owners. It's a digital age co-op.

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What Big-City Museums Could Learn From This “Company Town” for Art

Gregory Scruggs

December 18, 2014 |

Next City |

Text |

800-1500 Words

Response Location: United States, North Adams, Massachusetts

The Massachusetts Museum of Contemporary Art (MASS MoCA) uses an innovative business model to stay afloat, relying on both internal and external projects and revenue streams to make a change in the North Adams community. The museum displays contemporary art but also has invested in property around the city, renting to local businesses and encouraging visitors to take notice in their creative projects inside and outside the museum walls.

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Profits at the Bottom of the Pyramid

Erik Simanis

October 01, 2014 |

Harvard Business Review |

Text |

Over 3000 Words

Response Location: United States

Too often socially useful businesses end up failing because they get ahead of themselves and end up not being profitable. Companies now can select from an 'opportunity map' of ventures that serve the poorest individuals, and are more likely to be profitable and sustainable.

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When entrepreneurship is only way forward

Laura Baverman

July 21, 2013 |

USA Today |

Text |

800-1500 Words

Response Location: Guatemala, Antigua

Development work is evolving beyond short-term mission trips and one-off donations into a more comprehensive, in-depth model that addresses long-term sustainability of a solution paired with empowerment of those being served. MicroConsignment is a unique branch of micro-enterprise being implemented by non-profit SolCom in Guatemala that provides individuals in rural villages the skills and resources needed to start sustainable businesses.

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New Mortgage Program Helps Cambodia's Poor Find Better Homes

Daniel Zwerdling

April 04, 2013 |

NPR |

Radio |

5-15 Minutes

Response Location: Cambodia, Phnom Penh, Phnom Penh

An innovative program by an unusual bank allows low-income people in Cambodia to take out a 15-year fixed mortgage with little or no documentation - contradicting traditional loan assumptions and creating means for some of the country's poorest people to completely change their lives. The bank and its investors are now making a profit, and more than 700 mortgages and building loans have been provided.

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Conservation Pays Off for Bangladeshi Factories

Amy Yee

March 21, 2013 |

The New York Times |

Text |

800-1500 Words

Response Location: Bangladesh

Saving money while conserving water and electricity is a win-win for the textile industry in Bangladesh. After a joint effort to improve the mechanics and upgrade the factories, the industry saw a savings of 1.2 million cubic meters of water, 16 million cubic meters of gas and 10 million kilowatt hours of electricity.

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Crowdfunding Clean Energy

David Bornstein

March 06, 2013 |

The New York Times |

Text |

1500-3000 Words

Response Location: United States, Oakland, California

In Oakland, a company created an online crowdfunding platform that allows users to earn interest by financing clean energy projects and gives people with good social intentions a direct line of action. Across the world, there is a growing movement toward people-powered clean energy.

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