Finance, Motivations, Networking, News

Goldman Sachs pledges $500m. to develop entrepreneurs

THE CHRONICLE OF PHILANTROPHY

By Ian Wilhelm 17 November 2009 – The investment bank Goldman Sachs has pledged $500-million to help develop small businesses and train entrepreneurs across the country. In addition, the New York company has recruited a high-profile team of advisers, including financier Warren Buffett, to guide the philanthropic effort. …….. the company says the small-business program has been in development for almost a year and is modeled after its 10,000 Women Initiative, which helps educate female entrepreneurs in 18 countries.   As part of the new effort, Goldman will provide $300-million in grants and loans to nonprofit groups, known as community-development financial institutions, that provide capital and noncash-assistance to businesses in neighborhoods often not served by banks. (…)   The rest of the massive commitment will support scholarships for small-business owners to attend classes at community colleges, universities, and other educational institutions.   http://philanthropy.com/news/updates/index.php?id=10199

For more details on the program – Click Here

Business Ideas, Motivations, News, Social Entrepreneurship

Going Green – Small Changes, Big Impact

What Does Go Green Mean? Green can mean many different things to different people. For some, it means simply environmentally friendly and to others means living a life that is not dangerous to the health of people or animals

When you Go Green you only use green house products that are healthy for the environment and include no toxins, you recycle to help save land fills, and you do everything possible to live healthy and reduce the impact on our earth. By living green and going green you reduce any negative impact on the planet in all possible ways.

The truth is that everything single thing we do every day has an impact on the planet — good or bad. The good news is that as an individual you have the power to control most of your choices and, therefore, the impact you create: from where you live to what you buy, eat, and use to light your home to where and how you vacation, to how you shop, you can have global impact

We Believe in Everyone should live in an Eco friendly home!

Click Here for more…………

Finance, News

Making profits from poverty ?

Micro-finance institutions on a looting spree: making profits from poverty

Poverty has literally become a big and organised business. If you are educated, and looking for a profitable business enterprise, and more so if you are a non-resident Indian and want to translocate to India and still make millions, micro-finance offers you the right avenue.

There can be no better business opportunity than starting a micro-finance institution with assured returns and 100 per cent loan recovery. You can even think of trading on the stock exchange after a couple of years. And still more importantly, you can hold your head high and claim that you are helping the poor to come out of the poverty trap. You don’t have to feel ashamed and morally guilty. The elite in the society have knowingly (or unknowingly) given you a license to loot.

Click Here to read more from Devinder Sharma’s blog – an interesting and well stated point of view

Motivations, News, People / Stories, Social Entrepreneurship

SAARC YOUTH AWARD – 2009

Outstanding contribution to humanitarian works in the aftennath of Natural Disasters

APPLICATIONS INVITED FOR “SAARC YOUTH AWARD – 2009”

SAARC invites applications from the youth of the region of participate in the “SAARC Youth Award – 2009”. The aim of the Scheme is to provide suitable recognition to extra-ordinary young talents encourage the overall development of the youth in the region.

Objectives:

i.      to give recognition to the outstanding work done by young persons;

ii.     to provide youth the incentive to achieve excellence in the various fields;

iii.    to improve educational and technical skills of youth and to encourage them in creative activities; and

iv.    to encourage in the youth the development of personality through positive social attitudes and values.

Theme of the Award:

The theme of the Award – 2009 has been decided as “Outstanding contribution to humanitarian works in the aftermath of Natural Disasters”.

Eligibility:

The Award is open to nationals of SAARC Member States who are within the age group of 20-35 years at the time of nomination. The work or achievement, which has been submitted for or received an international or regional award, will not be eligible for consideration.

Description of Award:

i.      A citation in English;

ii.     A SAARC Gold Medal;

iii.    A cash prize of US$ 3000.00 (Three Thousand US Dollars)

iv.    Per diem and return air ticket for travel to the venue of the presentation of the award.

Last Date:

The last date for receipt of applications on the prescribed format published herewith is 15″ December 2009. Neat and typed applications alongwith necessary documents should be sent by Registered / Speed Post at the following address:

Joint Secretary (SAARC) Ministry of External Affairs

Room No. 807, Akbar Shawan, Chanakya Puri, New Delhi-11 0021.

Note: Incomplete applications and entries received after the deadline will not be entertained. Continue reading “SAARC YOUTH AWARD – 2009”

Business Ideas, News, Resources

Crowdsourcing as a Business Tool

The crowdsourcing is an incredible tool, we can use it to outsource our needs to a group of professionals that will bring us a cheaper solution either keeping or increasing the quality.

Guerra Creativa [ http://www.guerra-creativa.com ] is a crowdsourcing platform where everyone can access to a growing community of designers. They will battle to design the best logos, websites, stationary designs and other kind of graphic material. GC (Guerra Creativa) brings the chance to interact with people from all over the world, and mostly from Latin America, creating contests where the Contest Holder decides the prize.

If you are looking to redesign your website, get a logo for your company or just create a customed christmas card, you will only need to name your price and watch designers compete for your work. Finally you choose the best design among lots of different proposals.

Click Here for More…………

Motivations, Networking, News

World SME Conference

MENTORING WORKSHOPS:

“Grassroots to Global – Resurgence and the Growth Story”
“Preparedness of Micro, Small and Medium Enterprises to face the Challenges in the Globalized World”
“East or West, Growth for SMEs is the Real Test”
“Initiatives of Ministry of MSME in 2009-10 in Relation to 11th Five Year Plan”
“The Vision of the Ministry of MSME and the Challenges in the Near Term”
“Technology as a Big Leveler” – How technology can help beat Giant Corporations, Lessons from USA
“Happier Employees, Happiest Company”
“How the Hidden Jewels of India Became the Visible Powerhouse of the Indian Economy during the Slowdown”
“Creating an Industry – My Secret”
“From Brands to Super Brands”
“Mobile as a Magic Lamp for Your Employees and Clients”
“Effective Media Buying for SMEs”

PANEL DISCUSSIONS:

Workshop on “IT solutions for MSMEs: Lip Service or Real Solutions”
“Role of Management and Technical Institutions in Developing the Entrepreneurial Eco-System”
“Marketing on a Shoestring”
“Collaborating with MSMEs from Developed Countries to enhance the Competitiveness of MSMEs in Developing Countries”
Workshop on “Alternative Sources of Funding for MSMEs”
“Organizations Which Used the Slowdown as an Opportunity to Create Fresh Success”

SKILL DEVELOPMENT PROGRAMS:

“20 tips to build high performance teams in small businesses”
“Out of the Box – A look into New and Innovative Ways to Reach your Target Audience”

Click Here for More Information

Motivations, News

Special Incentive Package Scheme

Government of India

Ministry of Communications & Information Technology Department of Information Technology

Seeking new investment proposals under Special Incentive Package Scheme (SIPS) announced by the Government of India ..

Department of Information Technology, Government of India, invites new investment proposals under the ‘Special Incentive Package Schemes’ (SIPS). A Special Incentive Package Scheme (SIPS) to encourage investment for setting up of semi-conductor fabrication and other micro and nano-technology manufacturing Industries in India was notified on 21 st March 2007 and can be viewed at link: http:/www.mit.gov.in/download/sipackage.pdf

Under the Scheme, the Government of India will provide a package of incentives for investment in the manufacture of all semi-conductor manufacturing (Fab units) products (threshold NPV of investment for availing incentives: Rs. 2500 crore and above) and eco­system units, namely, displays including Liquid Crystal Displays (LCD), Organic Light Emitting Diodes (OLED), Plasma Display Panels (PDP), any other emerging displays; storage devices; solar cells; Photovoltaic; other advanced micro and nano technology products; assembly and test of all of the above products (threshold NPV of Investment for availing incentives: Rs. 1000 crore and above). Continue reading “Special Incentive Package Scheme”

Business Ideas, Marketing, News

Export Opportunities for SMEs

Products that are exported by SMEs in India and in which small-scale industries (SSI) generally have the bulk of the share, are garments, engineering goods, chemicals, pharmaceuticals, leather, plastic products, processed food, gems and jewelery. Also, 95 percent of the products exported by the SSI are non traditional products. Click Here to read more….