Why entrepreneurs in the developing world need new funding models
#MotivationMonday Why #entrepreneurs in the #developingworld need new #fundingmodels http://bit.ly/2hLjqcO Emerging and frontier markets face significant challenges - access to clean water, food security, financial inclusion, medical delivery.
Increasingly, it is innovation-driven entrepreneurs who are providing effective and scalable solutions rather than aid agencies or governments.
Traditionally, the focus of entrepreneurship in the developing world has been on creating small- and medium-sized enterprises serving local markets. However, that emphasis must shift from small firms to what @MIT calls #innovation-driven enterprises: start-ups that can scale for significant impact.