In 2020, the Metrics from the Ground Up conference took place as a track alongside the Sankalp Global Summit. The event gave ANDE members and the community in India (and beyond) the chance to meet and share knowledge and best practices on impact measurement and management relevant to entrepreneurial support and the greater impact ecosystem.
This piece is part of a series under the theme of “Elevating Underrepresented Voices at ANDE.”
On September 24, 2020, Geigy Mathews and Denis Karema from Enviu hosted a Solution Salon entitled "Eliminating waste to 0% in the textile & food chain, impossible?" as part of ANDE's 2020 Annual Conference. The session highlighted the complex, multi-sector solutions that will be required in order to facilitate the transition towards fully circular textile and food sectors.
2019 was a promising year for the small and growing business (SGB) ecosystem. The recently released State of the Small and Growing Business Sector report from ANDE shows that a wide variety of investment vehicles were launched last year, committing capital close to $3 billion.
Social enterprises have a dual mission to achieve impact and financial returns and often find it hard to raise patient capital for growth as they don’t offer the hockey stick projections that investors are looking for. Confronted with this challenge, they may be forced to drift away or abandon their social mission all together, to chase after more lucrative customer segments or product pricing. Impact-linked debt instruments such as Social Success Notes provide an elegant solution.
India consumes one-third of the global standards when it comes to per capita energy consumption. The level of plastic usage is among the lowest and there is a meagre 4% air conditioning penetration in the country. As India moves up the development ladder and aims to be a $10 trillion economy in the next 10 years, there is going to be a great demand for housing, energy, food and transportation. This scenario will hold true for all emerging economies across the world. A scenario that creates a tremendous opportunity for capital to be deployed in these sectors should be good news.