Community Service 2009
How companies big and small, old and new — and consumers too — are changing the world
A Tanzanian bed-net manufacturer, a Pakistani drip-irrigation provider and 33 other companies in Africa and on the Indian subcontinent make up the $38 million investment portfolio of the Acumen Fund, a nonprofit that acts a lot like a venture-capital firm. CEO Jacqueline Novogratz, who started the fund in New York City in 2001, says she saw a "need for patient capital between the marketplace and government." Patient it has been — only recently have some investments taken off. But along the way, Acumen has helped redefine what development aid should look like.
See the best business deals of 2008.
View the full list for "Community Service 2009"Latest Lists
Most Popular »
- The Growing Backlash Against Overparenting
- Super-Crocodiles May Have Dined on Dinosaurs
- Toilets
- Woman Loses Benefits over Facebook Photo
- Amid Concern About India's Lost Clout, Singh Goes to Washington
- Will Private Equity Be the Next Meltdown?
- The Fall of Greg Craig, Obama's Top Lawyer
- Why Exercise Won't Make You Thin
- The Political Fallout of Egypt's Soccer War
- Can the A380 Bring the Party Back to the Skies?
- The Growing Backlash Against Overparenting
- Will Private Equity Be the Next Meltdown?
- Super-Crocodiles May Have Dined on Dinosaurs
- Toilets
- Why Exercise Won't Make You Thin
- Troubling Rise of Facebook's Top Game Company
- Can the A380 Bring the Party Back to the Skies?
- Amid Concern About India's Lost Clout, Singh Goes to Washington
- The Fall of Greg Craig, Obama's Top Lawyer
- How One Army Town Copes With Post- Traumatic Stress
RSS