The Social Affect Companion Highlight sequence highlights numerous Cisco non-profit group companions which can be serving to rework the lives of people and communities. This weblog options Cisco’s partnership with Agora Partnerships, Bridge Worldwide, CARE Peru, Centro Group Companions, Defy Ventures, and Hand in Hand Worldwide, highlighting the transformative work every of those organizations are doing within the entrepreneurial and financial empowerment house, particularly for underserved communities.
World Entrepreneurs Day 2024, noticed on August 21, celebrates the ingenuity and perseverance of entrepreneurs who’re the driving drive behind innovation and financial development worldwide. This 12 months’s theme, “Empowering Entrepreneurs for a Sustainable Future,” underscores the important position that entrepreneurs play in creating options to world challenges and advancing sustainable growth. Learn the way a few of Cisco’s non-profit companion organizations are enabling the transformative affect of entrepreneurs and fostering environments the place their concepts can thrive and result in a brighter, extra sustainable future.
Agora Partnerships
“Taking part within the Eco problem has been a chance to see my enterprise with one other perspective, not simply searching for innovation alternatives, however of a social and environmental legacy, that may transcend different generations and even different geographies.”
—Feminine entrepreneur chief of an expert audio companies firm
Small and medium enterprises (SMEs) contribute nearly 25% of Latin America’s Gross Home Product and make use of over 60% of the entire inhabitants. On the similar time, SMEs throughout the area face stagnating productiveness development and growing vulnerabilities to local weather variability and pure useful resource degradations throughout the area face stagnating productiveness development and growing vulnerabilities to local weather variability and pure useful resource degradation.
The significance of SMEs for each financial prosperity and environmental preservation means an funding within the greening and modernization of their enterprise fashions can have an outsized affect on the area’s total sustainability.
And but women-led small and medium enterprises (WSMEs) face technological, financial, cultural, and institutional limitations to bettering the environmental footprint of their fashions – impeding sustainable and inclusive financial growth.
Agora Partnerships strives for a world through which social and environmental sustainability turns into the true enterprise engine for SME development. With instrumental early-stage ideation and planning funding from Cisco Basis, Agora designed the content material, methodology, structure, and prototype for an eco-innovation (environmentally constructive practices) repository geared toward facilitating the combination of eco improvements within the enterprise operations of conventional WSMEs in Latin America.
The method entailed a number of phases. First, they built-in in Agora’s enterprise coaching a product that enabled firms to ideate, choose, and plan the implementation of eco improvements instantly linked to enhancements of their backside line. They then moved on to pilot the content material with precise enterprises to validate assumptions, corresponding to cross sectoral applicability and relevance throughout totally different enterprise growth phases. From there, they created an Ecochallenge fund choosing awardees to fund their plans for testing and studying. Lastly, they translated the primary two phases right into a digital and self-guided format which can permit Agora to create affect at scale by making the content material out there to audiences past Agora’s present program members – permitting them to proceed to assist feminine entrepreneurs all through Latin America to make their companies greener – and extra profitable.
How Agora Partnerships is making a distinction:
- 19% had mapped the detrimental impacts of their companies and had a minimum of one technique to mitigate them
- 08% reported that the Eco-challenge contributed considerably to their development and the event of environmental data of their enterprise
- 97% reported implementing social or environmental actions
Agora Partnerships has many alternatives to assist with their efforts. Particularly, the group wants:
- Consultants in gamification to enhance the present consumer expertise of the eco improvements repository.
- Environmental consultants that may evaluation piloted eco improvements to determine potential enhancements, potential factors of problem, and analysis methodologies/practices.
- Practitioners or entrepreneurial assist organizations who wish to pilot eco improvements with their very own entrepreneurs to proceed constructing the eco innovation knowledgebase.
- Suggestions of databases or studies highlighting confirmed environmental practices that reap financial returns in SMEs.
Be taught extra about Agora Partnerships (en español video)
Bridge Worldwide
“We offer capacity-building consultations and coaching to create progressive and catalytic approaches to entrepreneurs. We additionally present crowdfunding alternatives to extend entry to monetary sources and public visibility for the social companies that we assist all around the area of Asia.”
—Ahlim Kim, Program Director
The Bridge Worldwide helps underserved social innovators and rising entrepreneurs in South Korea and throughout the globe. Via its on-line crowdfunding platform which merges the ideas of “donation” and “funding” into one, The Bridge Worldwide created a revolving donation mannequin that sustains and builds financial resilience for program beneficiaries and donors.
With Cisco’s Regional Resolution Grant, The Bridge Worldwide was capable of reestablish its on-line platform. The platform goals to create a sustainable ecosystem of affect donations and extra sources which can be essential for enterprise sustainability of people’ dream to change into economically impartial and have the ability to give again to others in want. Just lately, The Bridge Worldwide has enhanced the ‘Birthday Donation Marketing campaign’ characteristic, which allows people to launch their very own campaigns utilizing their birthdays. They’ll invite family and friends to donate in direction of social causes they care about to rejoice. This enchancment has efficiently inspired extra individuals, each domestically and internationally, to take part in these campaigns. The affect of the grant is promising for beneficiaries, together with mission VietHarvest in Vietnam, Ritma Inexperienced in Indonesia, and Jumpaa Comics in Laos.
How Bridge Worldwide is making a distinction:
- Variety of entrepreneurs served (North Korean Defectors and Creating International locations in Asia): 53
- Proportion enhance in funds raised: 26%
- Charge enhance in financial independence (re-donation charge): 11%
Bridge Worldwide welcomes neighborhood assist by means of donations and volunteer involvement:
- Host a donation marketing campaign: Take a look at fundraisers just like the “Birthday/Occasion Donation”, designate a mission, and assist celebrating particular events corresponding to birthdays, graduations, wedding ceremony anniversaries, and others.
- Enroll for mentoring and enterprise partnership constructing.
CARE Peru
“CARE has advocated for ladies entrepreneurship at a nationwide scale. We intention to contribute to a resilient and inclusive economic system by unleashing the facility of growth-oriented ladies entrepreneurs. We assist ladies entrepreneurs to really feel assured, resilient, in management, and outfitted to develop their companies, in order that they achieve financial energy of their households, communities, and economies.”
—Marilu Martens, Nationwide Director at CARE Peru
CARE established a everlasting presence in Peru in 1970 following the devastating earthquake within the Ancash area, and in 2012, it was constituted as a Peruvian NGO. For over 50 years, it has carried out over 1000 tasks centered on the nation’s social growth, which have modified the lives of essentially the most weak individuals. Within the final 5 years, CARE Peru has positively impacted the lives of over 7 million individuals.
CARE Peru’s Ladies with Alternatives (GWO) program creates an academic ecosystem that fosters the well-being and academic continuity of adolescent women, igniting their curiosity to be taught and potential to change into one of the best they are often to beat poverty. This system implements numerous academic initiatives focusing on stakeholders, corresponding to college students, academics, college directors, households, native authorities, and neighborhood leaders. CARE Peru supplies a supportive setting, participating establishments and neighborhood leaders to again this system’s implementation. Lecturers and college directors bear capacity-building applications to combine the GWO curriculum into college administration devices, making certain sustainability. College students take part in asynchronous and synchronous studying periods, creating expertise and competencies by means of initiatives just like the “Thought y Emprende” contest, which inspires entrepreneurship and STEAM training.
With Cisco’s Regional Grant assist, CARE Peru developed its STEAM initiative which included a pilot of the Cisco Networking Academy course on “Get Linked, ” academic directions and know-how coaching to equip college students with important digital expertise and assist their creativity for studying and put together a pathway for a constructive future in for underserved women in rural areas of Peru. Program success consists of elevated scholar engagement, data switch of data to academics, and program sustainability inside taking part public/authorities colleges.
How CARE is making a distinction:
- 16 secondary colleges’ members of the GWO Program taking part within the methodological switch
- 60 academic actors from secondary colleges, Native Training Unites (UGEL) and Regional Directorate/Unit of Training (DRE/GRE) from numerous areas together with of Cajamarca, Bambamarca, Lambayeque, and Amazonas that take part within the methodological switch course of from GWO Program
- 50 academics who enhance data in thematic areas from GWO Program
- 50 academics with certificates/recognition achieved for taking part in GWO Program signed by UGEL/DRE/GRE
Be part of CARE Peru’s trigger and make a distinction. Your assist will allow over a thousand college students from the Ladies with Alternatives mission to proceed their academic journey and obtain targets they by no means thought potential. To donate, go to their web site or give through PayPal.
Centro Group Companions
“At Centro, we consider entrepreneurship is a robust catalyst for financial transformation and social mobility. By equipping underserved entrepreneurs with tailor-made technical help, entry to capital, and devoted teaching, we empower them to show their visions into sustainable companies. Our dedication lies in nurturing their daring concepts into thriving enterprises that not solely profit the entrepreneurs themselves but in addition enrich their communities.”
—Arturo Noriega, Founder and CEO
As we rejoice World Entrepreneurs Day, it’s important to focus on the transformative initiatives which can be making important impacts on the entrepreneurial panorama, particularly for the underserved. Cisco has been a pivotal companion in Centro’s journey to empower underserved entrepreneurs globally. Via their beneficiant assist, Centro has expanded its capabilities and attain, touching the lives of over 1,000 entrepreneurs yearly.
Cisco’s investments in Centro’s know-how and capacity-building initiatives have been game-changers. With Cisco’s backing, Centro has invested within the Centro App, a complete instrument that has revolutionized how entrepreneurs entry sources, teaching, and capital and helps monitor affect. One other important milestone within the partnership has been the adoption of Salesforce because the centralized database administration system. This transfer has streamlined Centro’s operations and knowledge administration practices, making certain that each choice the group makes is knowledgeable. The inception of Centro Labs, additionally funded by Cisco, served as an incubator the place the groundbreaking thought for the Centro CEO App was conceived. As an AI-driven platform, the Centro CEO App guarantees to be a cornerstone in Centro’s technique to equip entrepreneurs with sensible instruments they should succeed.
Cisco’s assist extends past monetary help—it’s a partnership that embraces imaginative and prescient, innovation, and the relentless pursuit of empowering those that aspire to make a distinction by means of entrepreneurship. As Centro appears in direction of the long run, the group is grateful for Cisco’s unwavering assist and excited concerning the limitless potentialities that lie forward. On World Entrepreneurs Day, Centro celebrates not simply the spirit of entrepreneurship but in addition the partnerships that amplify this spirit. Due to Cisco, Centro isn’t solely dreaming of a extra inclusive entrepreneurial ecosystem however actively constructing it.
Since 2021, the assist from Cisco has been instrumental in serving to Centro leverage know-how and construct progressive options to broaden its applications and companies to succeed in underserved entrepreneurs. The next are some key highlights of Centro’s affect over the previous three years:
- Assisted 2,500+ underserved low-income ladies and entrepreneurs of shade with its applications and companies.
- Facilitated entry to $4.7M++ in capital, serving to entrepreneurs begin or develop small companies to attain monetary independence.
- Supplied 1,400+ hours of one-on-one enterprise teaching companies to assist entrepreneurs overcome enterprise challenges and join them with native small companies sources.
Centro believes in trust-based philanthropy and gives a wide range of alternatives for assist and engagement:
- Suggest Centro to Entrepreneurs: Join entrepreneurs to Centro’s applications and companies to assist them begin and develop their small companies.
- Take part in Graduations: Centro welcomes visitors to take part in Centro program graduations to supply suggestions to entrepreneurs on their enterprise fashions/pitches.
- Assist Entrepreneurs Entry Capital: With as little as $25, individuals will help an area entrepreneur entry an interest-free Kiva mortgage of as much as $15,000.
Defy Ventures
“I’ve by no means felt fairly so full, empowered, educated, safe, and assured about opening my very personal enterprise. I used to be beforehand incarcerated, and a former drug addict and my enterprise concepts had been simply that— concepts and desires. . . till I got here into Defy Ventures’ entrepreneur program!”
—Carol Anne Madonia, Founder and CEO of That Meatball Collective
Defy Ventures is a nationwide nonprofit whose mission is to shift mindsets to provide individuals with legal histories their finest shot at a second likelihood by means of entrepreneurship, profession readiness, well-being, and private growth coaching applications delivered each in jail and locally.
Defy’s imaginative and prescient is to chop recidivism charges in half by leveraging entrepreneurship to extend financial alternative and rework lives. This 12 months, Defy will work with greater than 1,000 at present and previously incarcerated women and men to defy the chances in 9 states.
They accomplish this by means of entrepreneurship and profession readiness coaching applications facilitated each in jail and locally, with the purpose of supporting profitable reentry and financial alternative. Their community-based entrepreneurship applications embody enterprise coaching, government mentorship, planning grants, and seed capital to assist previously incarcerated people obtain their desires of launching a small enterprise.
Their cornerstone CEO of Your New Life (CEO YNL) jail program supplies members, (known as Entrepreneurs in Coaching or EITs), with entrepreneurship expertise, private growth, profession readiness, and reentry preparation by means of a five-volume, 2000-page set of printed textbooks and the submission of assignments through assortment of paper copies.
With assist from Cisco Basis, Defy is remodeling this curriculum right into a tablet-based program, which can allow a big leap ahead. With the flexibility to ship studying through tablets, they are going to have the ability to enhance their program with wealthy content material (corresponding to supplementary movies), digital knowledge assortment, and elevated communication with program members each throughout and after this system. Tablets will even allow them to broaden their attain to serve extra individuals and in additional places – that means extra justice-impacted women and men will now have a good likelihood.
Since inception, Defy has achieved the next affect:
- 7,900+ EITs served
- 200+ companies launched
- <10% recidivism for program graduates inside 1 12 months of launch (vs 30% nationwide common)
get entangled:
Hand in Hand Worldwide
“The ladies we work with face a number of restrictive norms and attitudes that preserve them from incomes their very own incomes, and so usually tend to be digitally excluded. Due to our partnership with Cisco, we can unlock the facility of know-how to equip much more ladies entrepreneurs with the talents and sources they should launch thriving companies, lifting extra households out of poverty.”
—Amalia Johnsson, Deputy CEO, Hand in Hand Worldwide
Worldwide, round 10% of ladies – 400 million – stay trapped beneath the poverty line of simply $2.15 a day. Within the locations Hand in Hand works, corresponding to Kenya, Tanzania, India, and Afghanistan, there are few alternatives for formal employment. For these ladies, entrepreneurship is the one route out of poverty. Nonetheless, in lots of of those communities, over 60% of ladies can’t make on a regular basis selections with out their husband’s permission. Others yearn to start out small companies however lack entry to the coaching, loans and sources wanted to start.
When ladies lose, everybody loses. Households, communities and even nations change into trapped in a cycle of poverty. However given the chance, ladies can break these cycles and form the long run they need.
Hand in Hand equips under-served ladies with expertise and sources to earn more cash and ignite native economies, lifting nations out of poverty. Via a confirmed mannequin centered on expertise acquisition, credit score entry and market connections, Hand in Hand has reached 9 million ladies entrepreneurs through its world community. Nonetheless, till now the talents acquisition part of Hand in Hand’s mannequin has centered completely on in-person coaching. In rural areas specifically, native enterprise trainers spend an enormous period of time on the highway – limiting the variety of ladies the NGO can attain.
How Hand in Hand is making a distinction:
This 12 months, Hand in Hand has partnered with CISCO to develop and take a look at a focused, inclusive e-learning platform in Kenya – to enhance its in-person enterprise coaching.
- Thus far, Hand in Hand has reached 9 million ladies 20 million members of the family.
- Usually, ladies entrepreneurs double their incomes.
- 84% of ladies at the moment are capable of make choice concerning the issues that have an effect on their lives.
- The brand new e-learning system will assist Hand in Hand to fulfill its purpose of reaching 265,000 Kenyan entrepreneurs by 2027.
- Hand in Hand’s entrepreneurship coaching delivers a median ROI of 475%.
get entangled with Hand in Hand:
- Donate at this time: A daily present of £35 a month may equip three ladies with the talents and sources to launch their very own companies.
- Companion with Hand in Hand: In case your group is trying to enhance its affect and rework the lives of ladies entrepreneurs, please contact Anna Davies, Head of Philanthropy and Partnerships.
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