Technology is one of the fast-growing and most rapidly changing fields of industry. Our relatively recent ability to connect instantaneously with others worldwide, and the immediate way much of the world’s citizens can access information readily at their fingertips, is shifting the business landscape in unprecedented ways.
While this level of technology access is not spreading evenly across the globe, the internet, cell phones and home-produced energy are rapidly reaching into new areas. Some social enterprises have created successful business models based on promoting the spread of technology into developing countries.
One example: The Dominican Light Project, led by the social enterprise Esenciales J.S. SRL, is aiming to provide a sustainable source of light for people currently forced to live in the dark. Right now, 88 percent of the population in the Dominican Republic experience nightly blackouts. Many people are forced to live off the electricity grid entirely. The Dominican Light Project’s mission is to provide every Dominican home in need a safe, sustainable source of light. Read more about companies creating sustainable products in ethical ways in our free report.
With the rapid proliferation of smartphones has come an equally rapid launch of myriad apps. Some of these apps aim to instigate social change by making it easier to connect and share resources or to learn more about the business practices that create certain products. This list of social-change apps includes GoodGuide, which consumers can reference when making purchases to ensure their dollars support companies aligned with their values.
Different web platforms are also changing the face of business by democratizing funding. That’s the goal of Kickstarter, the crowdfunding platform dedicated to promoting the arts. In a similar vein, CircleUp allows startups to seek equity crowdfunding. The platform maintains a fund focused on socially responsible businesses and Certified B Corporations.
Hootsuite founder Ryan Holmes has built the world’s largest social-media management company — the tool of choice for the majority of Fortune 1000 companies — valued at an estimated $1 billion. But his biggest impact may be in helping startups and nurturing new crops of tech entrepreneurs.
… Read More
Seemingly innocent and now ubiquitous, smartphones leave a trail of armed rebels and abused factory workers in their creation. Fairphone is finding a better way by creating a new supply chain to create conflict-free smartphones. … Read More
In creating a sense of purpose, consumers are becoming more interested in independent manufacturing as the technological retail space advances. Many consumer projects can create new community centers. … Read More