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Wednesday, April 23, 2014

New Ventures Ditch the Product Invention Lab, Target Distribution Instead: The 12 D-Prize Competition winners are all about sharing proven tech, innovations – not inventing them

By Nicholas Fusso

Some 500 teams of aspiring entrepreneurs pitched their idea for a new poverty-fighting venture as part of the D-Prize competition. This is no doubt impressive. What is truly remarkable, however, is that not one single team sought to invent a new technology or poverty intervention. Instead of spending resources inventing a new product, these ventures will distribute solutions that already exist.

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Monday, April 21, 2014

NexThought Monday: Who will grab the fortune at the base of the pyramid?

By Paul Polak and Mal Warwick

In a recent post on NextBillion, Stuart Hart, who co-authored The Fortune at the Bottom of the Pyramid with C. K. Prahalad, wrote with concern about the potential of creating disruptive innovations for poor customers that can trickle up to Western markets. We don’t believe Professor Hart has anything to worry about — because major corporations have demonstrated no meaningful interest in the bottom-of-the-pyramid market. And we don’t think they’re likely to do so in the future, either.

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Thursday, April 17, 2014

What It Will Take to Feed the 842 Million Chronically Hungry People Worldwide?: (Hint: It's not just about growing more food)

By Emily Wanderer — Mercy Corps

Alleviating poverty isn’t just handing out food - it’s tackling the barriers to market channels of food to those who aren’t receiving it. An interview with Cathy Bergman, deputy director of the Food Health and Nutrition Technical Support Unit at Mercy Corps.

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Thursday, April 17, 2014

Why Is Financial Inclusion in India Not Improving?: New numbers, new approaches

By Ritesh Dhawan

In the past five years, the Reserve Bank of India has worked harder than many central banks in developing countries to bring financial inclusion to the BoP. Nevertheless, recent reports show that full financial inclusion is not happening, and is probably not even progressing by most important metrics. MicroSave's Ritesh Dhawan explores why this is the case, and how things might improve.

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