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CONCORDIA Bakery – A springboard for the future employment of youth in Romania

  Alstom Foundation, NESsT and CONCORDIA Bakery are launching their partnership to support the professional integration of young people working at CONCORDIA Bakery. In March 2017, Alstom Foundation, an organization that is actively involved in improving living conditions in the communities surrounding the sites where Alstom is operating, selected NESsT to help scale social enterprises in Romania. Together, we signed a one-year partnership with The Humanitarian Organization Concordia, member of NESsT portfolio since 2014, to support CONCORDIA [...] More ›

NESsT Partners Spotlight: Guilherme Fernandes

Guilherme Fernandes has contributed to NESsT Brazil’s financial and strategic growth. As CEO of Ashmore Brazil, he spearheaded his company’s role as a financial and capacity-building ally for many years. Guilherme was involved in selecting enterprises for our portfolio, providing finance mentoring to Retalhar, and delivering workshops to the LGBT portfolio in 2014. A heartfelt thanks to Guilherme for sharing your passion, expertise and kindness with NESsT Brazil!  We asked him what inspired him to become a champion [...] More ›

Kiva lenders raise $25,000 for Cafe Compadre in 72 hours!

Cafe Compadre’s $25,000 loan was funded in under 72 hours! Thanks to the 766 Kiva lenders for becoming part of Compadre’s mission to improve incomes for coffee farmers through solar tech! The Coffee Industry  Buying and selling green coffee beans in bulk from small-scale farmers is the norm. Small-scale coffee farmers are not only unable to access the added value of their product, but they’re also unable to consider how they can improve the [...] More ›

Sustainable Fishery Trade: Building Partnerships in the Bay Area

Simone Pisu from Sustainable Fishery Trade (SFT), an enterprise that connects small-scale fishing families directly to the market, spent two weeks meeting with important sector leaders in San Francisco. SFT is currently in due diligence as a candidate to enter the NESsT portfolio. Our portfolio team uses a hands-on approach, planning with each social enterprise to create the strongest case for investment possible. This process supports enterprises to develop sales and marketing plans, to shape their business models [...] More ›

Reflecting on 20 Years of Impact

By Nicole Etchart, Co- Founder and Co-CEO, May 11, 2017 NESsT enterprises invest in communities where poverty is endemic and have become a daily reality.  Communities that live in vulnerable environments — often secluded — that face discrimination and who simply have not been given an opportunity in life. Until a few years ago, Mari, an indigenous woman and mother from the Curimarca community, subsisted on the sale of potatoes. This seasonal business keeps her community living below [...] More ›

A leap for the Social Investment Sector in Central, Eastern, and Southern Europe

By Nicole Etchart, Co-Founder and Co-CEO, April 10, 2017 Last week I spent an incredible four days in Warsaw.  It’s not often when I feel that every day of the week represented one leap forward in developing a thriving social enterprise sector in the region. These four days reflected once again what we all should ultimately come to accept.  Through informed and collaborative efforts, we can accelerate the development of high impact enterprises that are best [...] More ›

Your impact with Inka Moss: a year after the Kiva loan

About a year ago, Kiva lenders propelled Inka Moss to new heights when they clicked “Lend.” Since that time, their loan and the great efforts of the Inka Moss team in partnership with NESsT has enabled Inka Moss to increase their environmental and social impact. The Kiva lenders’ confidence in Inka Moss in 2015 made it possible for the enterprise to attain the funds necessary to strengthen its business. The Kiva loan increased the potential [...] More ›

Traits of a Successful Social Entrepreneur

1: A key driver of the success of a social enterprise is the extent to which the entrepreneur’s ability to leverage networks and ecosystem actors to help them grow their business. The start of a New Year always feels like an opportunity for fresh beginnings. If you’re on the path of your own social entrepreneurship journey, we want to motivate you. So get out there and find your allies (hi!), engage them and build healthy relationships.  Check [...] More ›

Building a self-financing venture into your organization’s fundraising strategy

Generating new sources of revenues is the primary concern of nonprofit executives and boards, with 24% to 36% of nonprofits operating deficits. (Nonprofit Finance Fund) If a self-financing venture is carefully developed with the right process and tools, it can allow a nonprofit not only to diversify its funding sources and reach financial revenue goals, but also to dramatically improve organizational capacity and strengthen its mission and impact outcomes.   NESsT is partnering with TechSoup to [...] More ›

Using technology to solve the root problems of poverty

On Thursday, January 18, 2017 Nicole Etchart was featured on the Aspen Network of Development Entrepreneurs (ANDE)’s sector call to speak about Beyond the Laboratory: Changing Lives through Hardware Technology Enterprises.  During the sector call, Nicole shared NESsT’s approach to launching and scaling invention-based enterprises in order to maximize each enterprise’s social impact. Our methodology revolves around the four pillars of hardware technology enterprises, namely scientific knowledge; entrepreneurship; focus on solving problems; and social engagement. Most Latin American [...] More ›