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NextBillion.net
October 7, 2011 11:59 AM

Now THIS is a cool organization!

NextBillion.net is a website and blog bringing together the community of business leaders, social entrepreneurs, NGOs, policy makers and academics who want to explore the connection between development and enterprise. It is a discussion forum, networking space and knowledge base for individuals and organizations interested in the "next billion". Our goal is to highlight the development and implementation of business strategies that open opportunities and improve the lives of the world's approximately 4 billion low-income producers and consumers.
The idea here is that the world is about to throw off another billion people who are living in the throes of poverty, and we in the more wealthy, developed, Western & Northern countries have an obligation to help out. Just throwing money at the problem isn't going to fix it, though:
While development aid and political reform are essential components in poverty eradication, equally important are business models that engage low-income communities as producers and consumers in their own robust economies. Successful business models - inherently versatile, innovative, and driven by the profit motive - can sometimes tackle development challenges more quickly and effectively than government and aid mechanisms. Innovative models that bring together the objectives of business and development to create sustainable, market-oriented approaches are the focus of NextBillion.net.

Make sure to visit NextBillion.net on a regular basis!

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