Fostering a culture of inclusive business in 2016, promoting entrepreneurship for the Base of the Pyramid
By Ben White on January 5, 2016
There is much talk about entrepreneurship as a driver for economic growth and social progress, but to what extent does this new generation of businesses coming up positively impact low income communities? Where are we with fostering a culture of inclusive business and supporting the otherwise high impact entrepreneurship meaningful for the Base of the Pyramid (BoP)?
An inclusive business is a sustainable business that benefits low-income communities. It is a business initiative that, keeping its for-profit nature, also contributes to poverty reduction through the inclusion of low income communities across its value chain. This means not only selling products and services to low income communities, but also incorporating them into the sourcing, production and delivery of services wherever possible. Fostering a culture of inclusive business is critical to achieving […]Continue reading Fostering a culture of inclusive business in 2016, promoting entrepreneurship for the Base of the Pyramid »