AIESEC is an international "youth-run" and led, non-governmental and not-for-profit organization that provides young people with business development internships. The organization focuses on empowering young people to make a progressive social impact. The AIESEC network includes approximately 40,000 members in 120+ countries.
Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, and a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million people held microloans that totaled nearly US$40 billion. Grameen Bank reports that repayment success rates are between 95 and 98 percent. The first economist who had invented the idea of microloans was The Very Reverend Jonathan Swift in the 1720s. Microcredit is part of microfinance, which provides a wider range of financial services, especially savings accounts, to the poor. Modern microcredit is generally considered to have originated with the Grameen Bank founded in Bangladesh in 1983 by their current Chief Adviser Muhammad Yunus. Many traditional banks subsequently introduced microcredit despite initial misgivings. The United Nations declared 2005 the International Year of Microcredit. As of 2012, microcredit is widely used in developing countries and is presented as having "enormous potential as a tool for poverty alleviation."
DECA Inc., formerly Distributive Education Clubs of America, is a 501(c)(3) not-for-profit career and technical student organization (CTSO) with more than 260,000 members in all 50 U.S. states, Washington, DC; Australia, Canada, China, Germany, India, Mexico, Poland, Puerto Rico, Spain, and Vietnam. The United States Congress, the United States Department of Education and state, district and international departments of education authorize DECA's programs.
Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs. For-profit entrepreneurs typically measure performance using business metrics like profit, revenues and increases in stock prices. Social entrepreneurs, however, are either non-profits, or they blend for-profit goals with generating a positive "return to society". Therefore, they use different metrics. Social entrepreneurship typically attempts to further broad social, cultural and environmental goals often associated with the voluntary sector in areas such as poverty alleviation, health care and community development.
The School of Accounting and Finance (SAF) at University of Waterloo is a professional school within the Faculty of Arts. The School was established in 1980 under the name 'School of Accountancy'. Its name was changed in 2008 to better reflect its program offering. Today, more than 1,600 students are enrolled in the School's programs. In September 2009, a new 52,000 square feet (5,000 m2) building was officially opened to house the School.
The National Association for Community College Entrepreneurship (NACCE) is a non-profit membership organization founded in 2002 on the campus of Springfield Technical Community College in Springfield, Massachusetts. It is an organization of educators, presidents, and entrepreneurs.
Wilfrid Laurier University is a public university in Ontario, Canada, with campuses in Waterloo, Brantford and Milton. The newer Brantford and Milton campuses are not considered satellite campuses of the original Waterloo campus; instead the university describes itself as a "multi-campus multi-community university". The university also operates offices in Kitchener, Toronto, and Yellowknife.
The Weinert Center is the home of entrepreneurship education in the School of Business at the University of Wisconsin–Madison (UW). The center is dedicated to teaching, research, and service related to entrepreneurial management and enterprise development across the entire UW campus.
Enterprize Canada is a student-run, not-for-profit organization with the focus on promoting entrepreneurship while providing opportunities to young entrepreneurs to grow and develop their ideas. Established in 2001 under the leadership of founder Michael Lee and other undergraduate business students from the Sauder School of Business at the University of British Columbia, Enterprize Canada hosts Canada's largest student-run business plan competition and entrepreneurship conference. Over 250 student-delegates, industry professionals, and young entrepreneurs from across Canada meet annually in Vancouver, BC in this two-part event. While the conference and the business plan competition are the highlight events of the organization, Enterprize Canada hosts and participates in a number of community-based activities through workshops, conferences and social events that connects students in universities across Canada. Since 2009, Enterprize has also hosted the annual miniEnterprize conference which connects young innovators in across twenty high schools throughout British Columbia.
Global Entrepreneurship Week (GEW) is an international initiative that introduces entrepreneurship to young people in six continents. GEW emerged in 2008 as a result of Enterprise Week UK and Entrepreneurship Week USA 2007. Since its creation, more than 10 million people from roughly 170 countries have participated in entrepreneurship-related events, activities and competitions during GEW.
Aditya Jha is an Indo-Nepalese Canadian entrepreneur, philanthropist and social activist. A globetrotter, his business portfolio consists of several startups and company turnarounds with interests in Canada, Nepal, Thailand and India. He also runs several philanthropic initiatives through his Private Charitable Foundation, promoting education and nurturing entrepreneurship to increase opportunities for the less fortunate. Jha takes special interest in nurturing prosperity and financial independence amongst Canadian First Nations (aboriginal) communities and individuals through education scholarships at top Canadian universities and a project that nurtures entrepreneurship. Jha is 2012 inductee to the Order of Canada, Canada's highest civilian award.
The Faculty of Engineering is one of six faculties at the University of Waterloo in Waterloo, Ontario, Canada. It has 8,698 undergraduate students, 2176 graduate students, 334 faculty and 52,750 alumni making it the largest engineering school in Canada with external research funding from 195 Canadian and international partners exceeding $86.8 million. Ranked among the top 50 engineering schools in the world, the faculty of engineering houses eight academic units and offers 15 bachelor's degree programs in a variety of disciplines.
National Social Entrepreneurship Forum (NSEF) is a non-profit organization supporting youth-driven social innovations & entrepreneurship in India.
Sumaya Kazi is an American entrepreneur. At the age of 23, Kazi founded her first company The CulturalConnect. She later founded and was the CEO of San Francisco-based technology company Sumazi, a social intelligence platform used by brands, celebrities and enterprises. Kazi held one of the first social media management positions at a Fortune 500 company leading social media at Sun Microsystems until its acquisition by Oracle.
The impact of microcredit is the study of microcredit and its impact on poverty reduction which is a subject of much controversy. Proponents state that it reduces poverty through higher employment and higher incomes. This is expected to lead to improved nutrition and improved education of the borrowers' children. Some argue that microcredit empowers women. In the US and Canada, it is argued that microcredit helps recipients to graduate from welfare programs. Critics say that microcredit has not increased incomes, but has driven poor households into a debt trap, in some cases even leading to suicide. They add that the money from loans is often used for durable consumer goods or consumption instead of being used for productive investments, that it fails to empower women, and that it has not improved health or education.
Science Expo was a Canadian national student run non-profit organization that connected high-achieving youth to innovators and STEM opportunities. In 2017, they merged with another Canadian non-profit, the Foundation for Student Science and Technology (FSST) which ran a similar platform, RISE.
Silatech is an organization based in Qatar, founded by Mozah bint Nasser. The current CEO of this organization is Mr. Hassan Al Mulla. Silatech means "your connection" in Arabic. The initiative seeks to create jobs and economic opportunities for young people in the Arab world, targeting 18- to 30-year-olds. by 2016, Silatech claims to have helped 200,000 young Arabs to obtain jobs. The initiative’s model involves building partnerships with governments, private companies and NGOs.
William Zhou is a Canadian internet entrepreneur. In 2012, Zhou co-founded Chalk.com, a K-12 education software company. He has appeared as a frequent commentator on major networks, a speaker at Bloomberg Next Big Thing Conference, and was named in Forbes 30 Under 30.
Social entrepreneurship in South Asia involves business activities that have a social benefit, often for people at the bottom of the pyramid. It is an emerging area of entrepreneurship that is supported by both the public sector and the private sector.
Julia Skupchenko is a Dutch entrepreneur and innovator who connects social entrepreneurs, experts and companies in sustainable business initiatives. She is the co-founder of AlterContacts, the Think Tank for Sustainable Development.
