Execsummaryfund Plan2
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Sustainable ICT for “Yunus” Social Business Sponsorship Model” -inspired by Prof Yunus “Creating a World Without Poverty”, Nelson Mandela’s Speech at TELCOM’95 on “South –South cooperation” and Sir Donald Maitland’s Report “Missing Link” from 1982
Pain points Energy poverty---India alone uses 2.7 billion litres of diesel to power mobile communication (brings down ARPU for operator) Huge pent up demand for communication (India has 15 million new subscribers a month, China about 10 million, etc) ICT emits 2-3% of Greenhouse gas emissions (same as that of the aviation industry)
Opportunity Use pent up demand for communication to drive desire -Solar homes driven by desire to power mobile phones (as this needs more energy than they can have with a kerosene lamp for light) Bangladesh is installing about 10,000 solar panels in rural poor homes EVERY month
WHY Sustainable ICT?
SUSTAINABLE ICT
POVERTY EDUCATION
HEALTH ENVIRONMENT
SMART SUSTAINABLE VILLAGES
ECOSYSTEM LACKING (ESPECIALLY IN SOUTH) Funding gap---not VC or angel, and too large to microlending. Expertise, and technology gaps too (OFTEN TECHNOLOGY COULD BE IN SOUTHAFTER ALL NECESSITY IS THE MOTHER OF INVENTION
Elements of THE “Yunus Social Business model” Social objective Not-for profit distribution Community ownership
Where the fund comes from
-target high network individuals or Foundations who otherwise give to philantrophy -social corporate responsibility funds From big companies -government grants to startups that need their first Pilot projects which could be field tested in The developing world -visionary VCs with a “heart” (they also see long term value to pilot their start up in these emerging markets)
How the Fund works -Could be pre-collected and then handed out to promising emerging market Solutions that need help -could be sponsored basis as and when a “project arises” or precollected Sponsorship fund that goes for such projects over time -Companies can invest directly into projects much as the Grameen-Danone model
“Cleantech with a purpose” Pain points addressed:
Social Business Sponsorship
The mission of the fund is to enable corporations and communities in the developing countries to create a solution for pressing, everyday life using pent up demand for communication as the drive for renewables to create smart sustainable cities for poverty alleviation and
Pain points Energy poverty---India alone uses 2.7 billion litres of diesel to power mobile communication (brings down ARPU for operator) Huge pent up demand for communication (India has 15 million new subscribers a month, China about 10 million, etc) ICT emits 2-3% of Greenhouse gas emissions (same as that of the aviation industry)
Opportunity Use pent up demand for communication to drive desire -Solar homes driven by desire to power mobile phones (as this needs more energy than they can have with a kerosene lamp for light) Bangladesh is installing about 10,000 solar panels in rural poor homes EVERY month
WHY Sustainable ICT?
SUSTAINABLE ICT
POVERTY EDUCATION
HEALTH ENVIRONMENT
SMART SUSTAINABLE VILLAGES
ECOSYSTEM LACKING (ESPECIALLY IN SOUTH) Funding gap---not VC or angel, and too large to microlending. Expertise, and technology gaps too (OFTEN TECHNOLOGY COULD BE IN SOUTHAFTER ALL NECESSITY IS THE MOTHER OF INVENTION
Elements of THE “Yunus Social Business model” Social objective Not-for profit distribution Community ownership
Where the fund comes from
-target high network individuals or Foundations who otherwise give to philantrophy -social corporate responsibility funds From big companies -government grants to startups that need their first Pilot projects which could be field tested in The developing world -visionary VCs with a “heart” (they also see long term value to pilot their start up in these emerging markets)
How the Fund works -Could be pre-collected and then handed out to promising emerging market Solutions that need help -could be sponsored basis as and when a “project arises” or precollected Sponsorship fund that goes for such projects over time -Companies can invest directly into projects much as the Grameen-Danone model
“Cleantech with a purpose” Pain points addressed:
Social Business Sponsorship
The mission of the fund is to enable corporations and communities in the developing countries to create a solution for pressing, everyday life using pent up demand for communication as the drive for renewables to create smart sustainable cities for poverty alleviation and
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