Very low-income people are too often invisible to businesses and society. Businesses see no significant market opportunity and governments view low-income areas as having insufficient tax revenues to pay for basic services like clean water, healthcare, housing and energy. Building new models that provide these critical services at affordable price – in the face of high costs, poor distribution systems, dispersed customers, limited financing options and, at times, corruption – requires imaginative business solutions and partnerships supported by investors willing to take on a risk/return profile that is unacceptable to traditional financiers.
Author Archives: SEI at Northeastern
Earlier this month we lost one of our beloved students, Naman Shah, to an untimely death at the age of 21. His short life reminds me of a something I read long ago, that given a choice between a life of comfort and a life of meaning, the wise person will choose the latter. We too often hear of unnecessary and premature deaths in the world, in fact we’ve all seen the statistic that several thousand children die needlessly each day from poverty and disease. Every life matters, and yet when it’s someone you know, whose path crossed yours, the idea of a senseless death in the face of such promise is that much more powerful.
The goods and services that we depend on daily would not exist without the assistance of nature in the supply chain. Humans constantly derive ecosystem services from nature, like how watersheds source our taps and faucets or how bees fertilize plants for our morning cup of coffee.
By going solar, schools are able to cut their electricity costs, without facing any upfront costs or having to worry about operations and maintenance of the solar panels. Moreover, by reinvesting our profits, SolSolution develops educational programming focused on STEM, solar, and green entrepreneurship for students at all of our partner schools.
For most of us, our meeting place was special because it started in Professor Shaughnessy’s epic classroom but was fortified while we were abroad. At the intersection of development and business, we found a shared interest in social entrepreneurship, a passion for learning, a spirit for giving, and a love of travel. In this, you …
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