The Escala Initiative now operates the programs of the Sustainable Preservation Initiative. It is focused on helping women entrepreneurs in developing countries build a better future for themselves, their families, and their communities. Through its 10-month formalized Business School and Capacity Building Program, ESCALA empowers women entrepreneurs to hurdle economic and social barriers as business owners. The comprehensive and proven curriculum teaches critical entrepreneurial and business skills through workshops and mentoring sessions that prepare students for success. All of the students have either started their own small business or plan to do so while enrolled in the program. They are engaged in a variety of industries such as textiles, food, and tourism. ESCALA presently works in Peru, Mexico, Tanzania, and Guatemala.
SPI had focused its program around archaeological sites, but Escala has now expanded them to women and other marginalized entrepreneurs more broadly. According to Felix Salmon of Reuters, the program was about taking archaeological sites "in poor countries and making them generate cash for the locals — thereby giving them a real monetary incentive (rather than a high-minded lecture) aimed at preserving archeological treasures." [1] In an article on job creation, Salmon cites the initiative as a model for maximum job creation through small investments: "In general, if you want to create the maximum number of jobs for the smallest amount of money, the best way of doing so is to provide catalytic capital which helps to give a small business the step-up it needs to sustain new jobs on a permanent basis". [2] In a recent report, the Milken Institute called for the adoption of this model by the state of Israel in order to better protect that country's cultural heritage. [3] Handeye Magazine, an international publication dedicated to culture and commerce, cites the organization as one that "continues to put 'people, not stones' at the forefront, placing equal or greater focus on economic and social investment as opposed to purely preservation." [4] BigThink.com, a website that seeks to identify the "best thinking on the planet — the ideas that can help you think flexibly and act decisively in a multivariate world," featured SPI's paradigm for preservation and its success. [5]
The Overseas Private Investment Corporation (OPIC) was the United States Government's Development finance institution until it merged with the Development Credit Authority (DCA) of the United States Agency for International Development (USAID) to form the U.S. International Development Finance Corporation (DFC). OPIC mobilized private capital to help solve critical development challenges and in doing so, advanced the foreign policy of the United States and national security objectives.
The U.S. Economic Development Administration (EDA) is an agency in the United States Department of Commerce that provides grants and technical assistance to economically distressed communities in order to generate new employment, help retain existing jobs and stimulate industrial and commercial growth through a variety of investment programs. EDA works with boards and communities across the country on economic development strategies.
Microfinance consists of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually low income population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient. ID Ghana is an example of a microfinance institution.
Mercy Corps is a global non-governmental, humanitarian aid organization operating in transitional contexts that have undergone, or have been undergoing, various forms of economic, environmental, social and political instabilities. The organization claims to have assisted more than 220 million people survive humanitarian conflicts, seek improvements in livelihoods, and deliver durable development to their communities.
Lawrence S. "Larry" Coben is an archaeologist who founded the ESCALA Initiative and the Sustainable Preservation Initiative. He is chairman, president and CEO of NRG Energy, a Fortune 200 integrated electricity and home services company.
EMPRETEC is a United Nations programme established by the United Nations Conference on Trade and Development (UNCTAD) to promote the creation of sustainable, innovative, and internationally competitive small- and medium-sized enterprises (SMEs).
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 European Institute of Innovation and Technology (EIT) is an independent body of the European Union with juridical personality, established in 2008 intended to strengthen Europe's ability to innovate. The EIT’s three “core pillars” of activities are: entrepreneurial education programmes and courses across Europe that transform students into entrepreneurs; business creation and acceleration services that scale ideas and budding businesses; and innovation-driven research projects that turn ideas into products by connecting partners, investors, and expertise.
The U.S. African Development Foundation (USADF) is an independent U.S. government agency established by Congress in 1980 to invest directly in African grassroots enterprises and social entrepreneurs. USADF's investments aim to increase incomes, revenues, and jobs by promoting self-reliance and market-based solutions to poverty. USADF targets marginalized populations and underserved communities in the Sahel, Great Lakes, and the Horn of Africa. It partners with African governments, other U.S. government agencies, private corporations, and foundations to achieve transformative results.
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.
The Office of Social Innovation and Civic Participation was an office new to the Obama Administration, created within the White House, to catalyze new and innovative ways of encouraging government to do business differently. Its first director was the economist Sonal Shah. The final director was David Wilkinson.
The phrase women in business refers to female businesspeople who hold positions, particularly leadership in the fields of commerce, business, and entrepreneurship. It advocates for their increased participation in business.
Female entrepreneurs are women who organize and manage an enterprise, particularly a business. Female entrepreneurship has steadily increased in the United States during the 20th and 21st century, with number of female owned businesses increasing at a rate of 5% since 1997. This growth has led to the rise of wealthy self-made females such as Coco Chanel, Diane Hendricks, Meg Whitman, and Oprah Winfrey.
Rural Economic Development in North Carolina is analogous to other areas as the focus of said projects are to facilitate a higher standard of economic activity to a specified area. In these designated areas citizens, interest groups, business owners, and policymakers work together in order to formulate long-term economic goals and strategies to meet those goals. There are many different avenues and forms an economic development project can take dependent on the desired outcome.
The Minister of Small Business Development is a Minister in the Cabinet of South Africa.
The Uganda National Entrepreneurship Development Institute (UNEDI) is a privately owned national resource development institution in Uganda whose focus area is entrepreneurship education, training and research. The institute provides training techniques, faculty support, consultancy, research as well as teaching and development of entrepreneurship training materials.
YouWin! is a youth development scheme established in Nigeria by the administration of President Goodluck Jonathan. The central aim of the scheme is to empower Nigerian youth by providing grants to small business owners. It is run as a competition where entrants submit business plans which are evaluated by the Enterprise Development Center of The Pan-African University. Winners receive up to N10 million, paid in instalments, subject to adherence to the submitted plan. The programme is a private and public initiative that finances outstanding business plans for young entrepreneurs in Nigeria.
The Nigerian Capital Development Fund (NCDF) is an organization dedicated to impact investing and promoting economic development in Nigeria. Established with the aim of fostering a resilient entrepreneurial ecosystem, NCDF provides essential support, capital, and resources to entrepreneurs, start-ups, and early-stage businesses. The organization's efforts are focused on facilitating job creation, product development, market expansion, and overall economic growth within the country.
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.
Minority entrepreneurship refers to entrepreneurial activity by individuals who belong to a minority group. In the United States, minority groups often include people who identify as African American, Hispanic, or indigenous; these social groups do not own businesses at a rate commensurate to their share of the population. For example, African American-owned businesses comprise 2.3% of businesses in 2022 even though African Americans are 14.2% of the American population. One explanation for this discrepancy is the history and persistence of discriminatory economic practices that result in a disparity in credit scores between white Americans and minority groups. The inequity in creditworthiness begins with redlining, but modern challenges to minority entrepreneurship also include corporate consolidation and an unrepresentative venture capital industry. There have been recent efforts to bolster minority entrepreneurs, often through startup incubators and minority-focused venture capital.