Thursday, April 22, 2010

Engineers For Social Impact: 2010 Fellows Announced

Engineers for Social Impact (E4SI) Fellows 2010
Contact: Akash Raman, Engineers for Social Impact

+91-950-344-9871
akash@e4si.org

Bangalore, India [April 20, 2010] – The Engineers for Social Impact (E4SI) Fellowship Selection Committee is delighted to announce that after receiving and carefully reviewing close to 600 internship applications for its 2010 edition, it has made offers to 17 outstanding candidates for 9 roles at 7 partner social enterprises that focus on development by means of sustainable for-profit entrepreneurship.

E4SI 2010 Fellows come from a number of India’s prestigious engineering schools including IIT Kanpur, IIT Kharagpur, IIT Madras and BITS Pilani – all from diverse backgrounds with excellent accomplishments and potential. E4SI 2010 Fellows include the student union President of BITS Pilani, student President of the entrepreneurship club at IIT Madras and Green Globe Foundation award winner. More information about the Fellows is available on E4SI’s website – http://www.e4si.org/

E4SI fellowships promise to be highly entrepreneurial in a way that combines the best of consulting, technology, and social innovation. Fellows will gain unprecedented access to the development sector as they work with leading social entrepreneurs, attend leadership workshops and pitch their ideas to thought leaders as they join an outstanding cohort of exceptional young leaders.

Partner social enterprises for the 2010 edition of the E4SI fellowship program are leaders in microfinance, education, energy, and healthcare. Among them are: Samhita Social Ventures Pvt. Ltd., an enterprise providing social organizations with access to funds, people, knowledge, networks and customers; mDhil, a firm that provides basic healthcare information to the Indian consumer via text messaging, mobile web browsing, and an innovative web site; iDiscoveri, an experiential education organization focused on self-discovery and meaningful learning in economically emerging societies; Solar Electric Light Company (SELCO India), a company that provides reliable, affordable, and environmentally sustainable energy services to rural homes and businesses; Husk Power Systems (HPS), an innovative triple bottom-line company that provides power to over 50,000 rural Indians in a financially sustainable, environmentally friendly, and profitable manner; Sarvajal, a social enterprise focused on delivering clean drinking water at an affordable amount (25 paisa per liter) to rural villages throughout India; and IFMR, a wholly owned subsidiary of IFMR trust, a private trust with the mission to ensure that every individual and every enterprise has complete access to financial services.

About Engineers for Social Impact (E4SI)
The Engineers for Social Impact (E4SI) Fellowship is a unique program that connects top engineering talent to credible social enterprises driving market-based solutions to development in India. It serves a dual need: matching talented students with worthy social enterprises and increasing awareness of for-profit approaches to development.

Engineers for Social Impact has been described as “a group of doers and dreamers” which seeks to imbue a culture of social entrepreneurship in India’s youth. Not only does it provide hands-on training for new doers and dreamers but they also gives its fellows complete freedom to be creative in their immersion experiences.

E4SI’s advisers, among others, include Nitin Rao (Director, E4SI & MBA Candidate, MIT Sloan, Cambridge), Ayan Sarkar (Associate, McKinsey & Company), Anand Shah (CEO of Piramal Foundation), Dr. Parth J. Shah (President of the Centre for Civil Society), Neerja Raman (Author and Research Fellow at Stanford University), Priya Naik (Founder and CEO, Samhita Social Ventures) and Dharen Chadha (former Global Director of Strategic Planning at J. Walter Thompson.)

Wednesday, April 14, 2010

Poverty: Its About Choice

Lindsay Clinton, of Beyond Profit is hosting (on Social Edge) a provocative discussion titled "what's wrong with being poor?" She asks "what if we are really just grafting our own notions about haves and have nots and quality of life based on our own limited experience?" The problem of poverty is multifaceted and the discussion thread makes for interesting reading (do check) but after a while I found my head spinning.

The outcome of a discussion should lead to action. So for me the first action is simplification: Its about choice.

Do you know anyone who chooses to live in extreme poverty (unfed, unclothed, unloved etc..)? I do. I met them last year travelling in the Himalayas. They are called rishis, munis, saints whatever. Wise men and women who have reduced their physical needs without compromising their mental prowess and in some cases enhancing it even. Its their choice. It is renunciation though their lifestyle would meet traditional definitions of poverty.


Do you know any child who chooses to live in extreme poverty (unfed, unclothed, uneducated)? I don't. Having grown up in India, surrounded by the poor, I cannot imagine a child choosing hunger over a full belly.

Poverty is no different than other forms of injustice- be it equal opportunity for women, minorities, religion etc. And just like them, it is unnecessary - if we only have the will.

Poverty is not a choice. If it is, I am fine with it. Lets not over-think the issue - this discussion reminds me of the debate in the seventies about working moms versus career moms - what's better?

Its about choice. and society benefits when its people have choices.

Tuesday, April 13, 2010

Mission Drift: The Bogeyman of Social Entrepreneurship

The initial public offer (IPO) by SKS Microfinance is a landmark event: likely to set the stage for other IPOs in this area. I find much to cheer about in this development as financial inclusion goes mainstream and scales so a dream turns to reality for many many more people who live under $4/day. Not unexpectedly, the recent hoop-la about the IPO has come from activists and NGOs who worry that this move spells a mission drift - a profit from poverty mentality versus helping the poor, that has always been the bogeyman of social entrepreneurship.

The issue is that pure philanthropy does not scale. Charity funding is critical in providing a start to change-makers driven by passion for helping the poor. However, once a business model becomes sustainable, its capital need is far greater than what can be met by traditional philanthropic sources.

But change is hard for many to swallow and hence appears the bogeyman of mission drift - all the things that are wrong with the business world. But the bottom line is that there are also many things right with the business world. Besides- just as many albeit different, things are wrong with the charity model. Of course things can always go wrong, with greed overtaking social mission as MFIs go mainstream, but that risk is far lower than the risk of stagnation and besides financial instruments exist to manage it.

With access to more capital, I actually think things will improve for the clients of MFI because there will be pressure to bring interest rates into alignment with traditional banks. In recognition of this Businessworld article says "Earlier this year, India's finance minister said non-banking financial corporations (NBFCs), including some like SKS, can be granted banking licences, signalling a greater role for MFIs. But India's central bank has pulled up MFIs for their high interest rates -- about 25-27 percent. That is about double the rate at which they borrow from banks, but still lower than moneylenders."

Actually this business of mission drift has become a particular peeve of mine because of my past 4 years of experience directly working with social entrepreneurs. The SKS IPO provides an example against which I can generalise. Budding social entrepreneurs face an uphill task as it is. They initially get ignored by traditional capital and foundation money is so scarce that the competition in the field of social entrepreneurship is unhealthy (results in inability to merge or collaborate later on). Two factors come into play: First, self doubt in the mind of the entrepreneur in entertaining a realistic revenue generation (Am I being social enough?) plan for sustainability. Second, many opt for an incorrect business model which later becomes difficult to change, especially given the negative feedback from their initial supporters. The way I see it, the issue of mission drift is an operational issue - to be managed like any other risk whereas having a built-in plan to get to sustainability and scale is a strategic choice which guides impact in the long run.

Monday, March 29, 2010

Boond: Micro-franchising for Achieving Scale in Social Impact

In October 2009, when I was a speaker at the Micro-Finance India Summit, I was truly humbled and awed by the entrepreneurs I met, some fresh out of college, who shared their business plans (ventures in various stages of development) with me. One thing that was common to all was that they took on great risk (financial, social, time investment) with amazing optimism and a can-do attitude. One such entrepreneur is Rustam Sengupta who has founded a for-profit social enterprise "Boond" (which in Sanskrit means a drop). I was captivated by the ambition reflected in the vision & mission: “Reach 1 million individuals with light, clean water and pest control by 2012”. But even more so by the fact that scale was integrated into the strategy and operations from the get-go. "Boond’s mission is to bring development to the poor living in remote areas of India through the specially designed Boond Development Kit. The specially designed kit consist of a Solar lamp, a water filter and a mosquito net and is sold through local villagers with 3/6/9 month financing schemes to make it affordable for the BPL household."
The unique aspect of Boond is its strategy to reach its market - the prepackaged kit is sold through the Boond Officer: Boond has put together a micro-franchising solution: a kit, a reseller and financing.

Boond development kit customers live in remote places that are hard to reach and without proper market infrastructure. So meet Boond Officer Bikash: a native of Manipur who teaches young children in the local school and earns about Rs. 2600 (US$58) a month. He is a talented singer and dancer, immensely passionate about Boond products, and has set a target for selling 30 kits in a month. The village he targets has less than 10% electricity coverage and no running water.

Boond has created a very low-cost solution: with just $20 a financier can empower a villager to deploy the kit.

I believe that the biggest development challenge for India is reaching, enabling and developing the rural market in spite of development in the metros. Boond has created a solution. "In India, nearly 300 million people still live in complete darkness while WHO statistics highlight that a million every year die from water borne diseases. Boond believes that these are the two biggest development challenges we face and can be surmounted by a collective effort of ordinary individuals. Malaria, nearly eradicated from the Western world still kills nearly 300,000 people a year and we believe that this is unacceptable since it’s easily preventable for a low cost. Boond is also trying to change the peoples mindset through its website and campaigns (www.boond.net) and encourages collective action to fight the biggest challenges faced by India today – Light, Clean Water and Pest Control" says Rustam.

Thursday, March 25, 2010

Is All Entrepreneurship Social?

Carl Schramm makes the case in a Stanford Social Innovation Review article that all entrepreneurship is social. "Let’s not overlook what traditional entrepreneurs contribute to society" he worries and provides several cases (largely in a US context) to support the thesis.

This is a question I used to struggle with but in the last year I have developed a position: All entrepreneurship is not social. That is because we do not live in an ideal world. The cost of development is disproportionately born by the poor (think toxic e-waste for one), often willingly, in the name of progress. In India, despite high growth rates in the last 10 years and a burgeoning middle class, the poverty indicators as measured by opportunity (i.e. basic food, education and health-care access) have actually declined- creating social tension that rips the very fabric of the unique Indian ethos. So like quotas and affirmative action - in an ideal world we wouldn't need them; but till there is equal opportunity for all we do. Similarly ideally, all entrepreneurship is social - but only if there is equal opportunity. Till then, it is merely obfuscation to blur the line between business motivated by social impact and business.

The irony is that in India where entrepreneurs actually do social good, creating local jobs, innovation and creating a market at the bottom of the pyramid, the term social entrepreneur is relatively unknown and if known draws wonderment - because isn't all entrepreneurship social? In their case I agree. It takes a lot of guts to be an entrepreneur in a developing econnomy because the cost of failure is high while there is safety in a job or joining the family business that serves the developed economy.

Monday, March 22, 2010

Netizenship - Do and Don't

Help yourself - Be a Good Net-izen.


In a professional context, the best thing about e-communication is that distance becomes irrelevant. It is also the worst.They say that words once spoken can never be taken back. Hence think twice speak once. But spoken words only live on in the memory of the listeners and speech is accompanied with physical cues which gives us a chance to resolve miscommunication. E-words, on the other hand, live on in perpetuity; for a search engine to discover, out of context, out of date. The probability of leaving others with impressions of ourselves we never intended is greatly enhanced. Second, e-communication may be the first order contact to be followed by in-person, if all goes well. So home-grown conventions have been developed but they vary. My rule is better safe than sorry. From daily email to social media sites, blogs e-behavior that wins friends and influences people is somewhat of a mystery. There is no e-Miss Manners to save me for getting that foot into my mouth (and remember it stays there). Social entrepreneurs must communicate with a variety of people; people very different from ourselves but possibly sympathetic to our cause. So experiences can be enhanced for all parties with simple net-iquette.

e-mail: be factual, be non-judgmental. Keep it short - it is not the place to vent your feelings, opinions. Do document decisions after a meeting. Always acknowledge even if to say there will be no follow-up. If resolving an issue - do not go back and forth more than 3 times. If not resolved after 3 iterations, e-mail will not resolve it. There is no excuse for not following up on email (includes CEOs- if only to delegate - convention varies on this between India and US - but I know when I get a reply from an admin - I think the CEO is old-school - not net savvy and hence - is he/she worth my time? ).

social media sites - advantage is that such sites already impose a certain amount of discipline. Studies have shown that teenagers actually benefit from the open group interaction because they are motivated bu having as many friends as possible. But still, before posting that pic, ask yourself - how many people are interested in seeing my cross eyed drunken face captured at the last party? Not even you.

blogs: decide what the blog is about and deliver what you promise. Its not how often you write, its what you write. Simplest way to start is - as the name says - a personal log of things that interest you. Blogs are a great way to espouse your cause as long as that cause is not you.

websites- Do create a personal (or professional) website - this is the place to brag about yourself/your organization/your team. - as long as it is the truth. Easy navigation, process, policy, values clearly stated will set you apart from others and create an aura of openness, fairness. Initially you can treat a website like a resume. If you are adept, a website is a great way to communicate your mission, vision and build supporters. It grows as you grow and saves time in the long run by reducing replication of work.

Finally a word about Humor - Don't. Unless you are a professional you won't get away with it. That is because humor is context sensitive, time sensitive. However, do take a light friendly tone (free of overt status verbiage - a problem in India more than US). Save that for in-person. If you become an expert there (you can see who laughed and who didn't) you can then try it - maybe - on your blog, fb update.

Sunday, March 21, 2010

Want To Design a Mobile Phone? LG Announcement

SAN DIEGO – March 16, 2010 - LG Mobile Phones, the fastest growing mobile phone brand in North America, is partnering with crowdSPRING, an online marketplace for creative services, and Autodesk, a leader in 2D and 3D design, engineering, and entertainment software, to hold an innovative competition to define the future of mobile communication. Starting on March 15th, LG Mobile Phones will give consumers the chance to design their vision of the next revolutionary LG mobile phone and compete for more than $80,000 in prizes.


The competition will award over 40 winners. The first place winner will be awarded $20,000, one Wacom Intuos4 medium tablet, and Autodesk industrial design software. The second place winner will be awarded $10,000 and Autodesk SketchBook Pro software, and the third place winner will be awarded $5,000 and Autodesk SketchBook Pro software. To reward as many people as possible in the name of creativity, LG will also be giving out a whopping 37 honorable mentions at $1,000 each.

This year’s competition marks the inaugural participation of Russell Bobbitt, a world renowned movie prop master. Bobbitt has worked on a variety of visually stunning films such as Star Trek, Iron Man and Iron Man 2™. He recently received the prestigious “Behind the Camera” prop master award for his work on the first Iron Man film. Bobbitt will serve as a guest judge to reward one contestant’s cutting-edge design with the Prop Master’s Choice award. The contestant’s design will then be created into a non-working mock-up that could wind up in Bobbitt’s next blockbuster film. The Prop Master’s Choice winner will also receive $3,000 plus Autodesk SketchBook Pro software.

“We’re very excited about this competition because it gives consumers and design enthusiasts all a chance to exercise their creative imaginations and have their ideas be heard,” said Ehtisham Rabbani, vice president of marketing and innovation for LG Mobile Phones. “You don’t have to work for LG to make an impact on the future of mobile phones.”

Autodesk will supply participants with a free 15-day trial of SketchBook Pro, a paint and drawing application for use on the Mac or PC. It offers an intuitive, streamlined user interface so even new users can be productive within minutes. The 15-day trial will give all competitors access to industry-leading professional design software and levels the playing field for professional and amateur designers alike to create the phone of their dreams.

“We’re thrilled to partner with LG and Autodesk on this innovative design challenge. The challenge represents the real power of crowdsourcing - by allowing anyone to have the opportunity to design the next generation mobile phone for a global leader,” said Ross Kimbarovsky, co-founder of crowdSPRING. With a pool of over 55,000 designers and writers in more than 170 countries, crowdSPRING is one of the world’s largest creative communities and is an open platform where anyone can post projects or submit entries. Both seasoned and aspiring designers can submit their entries until April 26th at www.crowdspring.com/LG.
Competition Details
Eligibility: Any U.S. resident (citizen or green card holder) that is 18 years (or age of majority in state of residence) and older

Start and End Dates: The competition begins on March 15, 2010, at 12 a.m. PST and ends on April 26, 2010, at 9:00 a.m. PST

Winners will be announced on May 14, 2010 at www.crowdspring.com/LG/winners.

Monday, February 22, 2010

Social Good is Also a Business- MC Hammer at e-week

These words, doing social good is also a business, music to my ears, came from MC Hammer at the eweek event "The Power of Social Technology". Unfortunately they came right at the end and I didn't get to ask him specifics. But still, having him say it at an entrepreneurship event was good. The panel of experts which included Robert Scoble and Loic Le Meur, shared tips and personal experiences around social media engagement. I was there to find out "why you don’t need money or power to ignite seismic (seesmic - get it?) social change." Well, I was far from convinced, but certainly a good time was had by all and nobody was sleeping - granted - it was lunch time and all around me were scarfing sandwiches. And, it was interesting to see in real time how, even as each panelist logged into their twitter stream, attendees sent messages. So:
- Social software never sleeps: the world is moving fast - its real time -so 24/7 engagement is important - solution is to get a partner in another time zone (not wear yourself to the bone). Loic said his company has no PR department - just 2-3 people managing social media engagement.
- Always try to add value - social media are great source of information: eg. if you are interested in a VC follow him/her on twitter; or follow those who follow them etc. - find out how you add value and pitch to the right people - network in person after getting informed
- Content is king- Don't get caught up in the tools- Before you engage find out what you are passionate about, develop a voice that is personal but also amenable to being a brand

GSB dean made some good points:
- Social media - fastest communication medium today
- increases need for traditional content (else nothing to tweet about)
- is not a substitute but a complement to current tools
- finding a vice on twitter et al is hard - balance your personal voice with the institutional voice

Bottom line - work hard and smart and social media is your ally in getting eyeballs - which can lead to heart and mind.

Friday, February 19, 2010

Social Entrepreneurship During Stanford E-week Feb 21-28

The annual Entrepreneurship Week at Stanford, is February 21-28, 2010 and this year we have more events dedicated to celebrating social entrepreneurship and clean-tech than ever before. These are 2 events I am helping organise which are free and open to all:

February 26, Cordura Hall,9-6: Relief 2.0 in Haiti: Enabling Agile Crisis Response with Entrepreneurship In Relief 2.0 we'll take an inside look at an emergent phenomenon - Agile Crisis Response made possible by social ventures, social media, crowdsourced solutions and other entrepreneurial approaches. We will look at lessons learned and how we might rethink and redesign the way we approach disaster relief and rebuilding, starting with Haiti’s reconstruction effort.

February 28, Wallenberg Hall, 3-5: Structures for Social Enterprise: Panel and Showcase- this lively panel discussion features social entrepreneurs Kjerstin Erickson (FORGEnow.org), Eve Blossom (Lulan.com), and Esther Kim (REDF.org). Moderated by Kriss Deiglmeier, executive director for the Center for Social Innovation, the panel will discuss nonprofit, for-profit and hybrid models for starting and growing a social enterprise. From 4-5 p.m., mingle with entrepreneurs at a fair showcasing their intriguing early-stage social ventures. Social entrepreneurs available for interaction during the showcase are:

Lloyd Nimetz: Blitz Bazaar: Starting and Creating a Movement
Akshay Kothari, Kapeesh Saraf: Design for Extreme Affordability Workshop
Varun Jain: E4SI: Engineers for Social Impact
Anu Mahal: Development Alternatives
Carlos Miranda Levy, Margarita Quihuis: How Social Media Allows Us to Instantly Organize for Crisis Intervention
Viji Dilip: Bookshare International: Reaching Out to the Print Disabled in Developing Nations
DC Jayasundera: Rural Returns: Better Value Chains for the Rural Poor
Rodrigo Santibanez: Puentes Global: Non-Profit International Employment Agency for Low-Income Workers

Additionally the Graduate School of business has a panel discussion on social entrepreneurship on 26th afternoon as part of their annual entrepreneurship day

Monday, February 15, 2010

Newsprint: Does it Deserve to Die?

I confess. I am a newspaper subscriber. But for how long? Newspapers are more than news. These days one could argue that newspapers aren't about news at all because a print headline is by definition a day old (compared to TV, Internet, Grapevine). So what is the "more" part? It is a trust I have in print, that I do not have in the other named sources, that information is somehow more authentic, more unbiased. This is the "burden of legacy" of print media. I read stuff on the Internet and I feel compelled to triangulate fact, author credentials etc. but if I read it in a paper, it is gold. Well, no more. Pieces like David Broder's adulation of Sarah Palin "pitch perfect populist message" somehow gain weight by being op-eds. I am depressed, lose faith in my fellow Americans especially women. And then later, I read in small print, in an easy to miss place, that on the same day a nationwide poll showing that 71% of Americans say Palin is unqualified to be president. I feel betrayed; I lose trust in print. Become cynical. Its just another information source. Anything for an alliteration.

Business is built on trust and it is getting harder and harder to trust pundits who pontificate in print.