Alexis Bonnell, chief innovation officer at the U.S. Agency for International Development, recently announced the launch of the Million Lives Club at the Social Capital Markets conference in San Francisco.
This new initiative aims to help social enterprises achieving meaningful scale attract the support they need to grow and even partner with bilateral donors.
The initiative is led by USAID and partners including donor agencies from Canada, United Kingdom, and Australia.
Bonnell unveiled the first cohort of 44 members and explained that applications will be accepted on a rolling basis, with an upcoming deadline of Jan. 10 and new additions every six months. Read the Entire Article
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John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.