December 11, 2009
Triple Pundit looks at four GWC projects presented at Net Impact
The blog, The Triple Pundit, covers the presentation given at Net Impact about the GWC and Ashoka Changemakers' competition to identify and invest in social entrepreneurs with innovative approaches to providing water and sanitation. From the blog post:
With the number and variety of submissions there were many surprises uncovered during the contest. The first and foremost was the overwhelming number of low-cost innovative ideas to solve water and sanitation issues in developing countries. Secondly, out of the 265 entries, only 14 were actually business ready, ie. ready for investment. This pointed out a need to provide management skills, particularly in the area of business plan development. Third, many of the entries were ideas on the drawing board. This identified a need for funding to truly assess project viability. Finally, the variety of projects demonstrated a need for more flexible financing options.
A little ingenuity can go a long way to solving the global issue of safe drinking water and sanitation. It will be exciting to see the winners of the next Changemakers/Global Water Challenge and see the progress made by this year’s winners.