Many people who hear about Upaya try to compare our work to that of microfinance. And while the idea for Upaya’s model took shape while I was working in a microfinance institution, our model and our target demographic are quite different.
Upaya Social Ventures announced today the 11 companies that have been selected for its third accelerator program. All 11 social enterprises show the potential to create jobs at scale for the extreme poor in India. They represent cities across India and operate in a diverse range of industries from rural manufacturing to tourism.
In our collective quest to grow the impact economy, we should not lose sight of the full set of actors, tools, and methods that are needed in concert to effect disruptive change. Namely, we must not overlook the earliest stages of social enterprise innovation, the so-called “Pioneer Gap” that still remains stubbornly under-funded.
Upaya Social Ventures announced its latest investment in Laymen Agro, an early-stage social enterprise based in Tamil Nadu that procures and delivers farm-fresh milk and vegetables to families in Coimbatore.
Upaya Social Ventures and Beyond Capital are pleased to announce recent investments in ZooFresh Foods, a social enterprise based in Odisha, India that connects smallholder farmers with underserved markets to eliminate waste, increase farmer incomes, and enhance consumer access to local meats.
What can the applications for Upaya’s accelerator program tell us about the early-stage companies that are creating jobs for people in extreme poverty? Upaya’s India Country Director, Amit Alex, takes a closer look at the pool of applicants to answer a pressing question in India today: Where are the jobs?
The India Association of Western WA has focused for more than three decades on providing and advocating for innovative, effective and efficient community-based services. Learn more about IAWW in this edition of our series, Entrepreneurs Helping Entrepreneurs.