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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Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.