Innovation And The Modern Day Business Environment - amazonia.fiocruz.br

Very valuable: Innovation And The Modern Day Business Environment

Smoke rises between houses from fuels being burned for cooking, threatening both the environment and human health through carbon dioxide emissions and indoor air pollution. What do these two seemingly distinct problems have to do with one another? Dennis Muguta, Melvin Kizito and Peter Gachanja, the founders of LeafyLife, had to overcome many challenges when bringing their invention to life. As in many other low- and middle-income countries, training, funding and support for budding entrepreneurs is not easily accessible.

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Participants receive extensive coaching in entrepreneurship while the top 16 finalists also gain access to a business school for cleantech entrepreneurs, and developing start-ups receive mentorship, training and access to investors who help them turn into fully-fledged cleantech businesses. The founders of LeafyLife saw an opportunity Businrss innovation in two hazards that the residents of Kibera face Image: LeafyLife. After winning the competition inthe entrepreneurs at LeafyLife were able to secure funds, partners and collaborators to help them advance their invention. Diapers are complex waste, says Muguta — to be able to produce a clean-burning fuel, they have to be cleaned Innovation And The Modern Day Business Environment deconstructed into their building blocks, some of which can then be turned into a fuel gel.

Chemists by trade, Muguta, Kizito and Gachanja welcomed the engineering help Busindss received from their newly acquired collaborators. UpLink launches challenges on different themes, such as ocean health and reforestation. After review by an expert committee, finalists receive mentoring, consideration for investment opportunities and exposure on World Economic Forum platforms.

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Half of the finalists of the first Ocean Solutions challenge came from emerging markets, he says. Through representation on the World Economic Forum, the company was able to get an introduction to the government in Indonesia and has set up offices in Singapore and Malaysia. All these Inhovation are not supportive, often. LeafyLife has so far solely relied on the funding it received as a prize from the competition. However, to move forward, it will have to acquire investors, which is another challenge. As a way to make it easier to find investors for global projects, UpLink co-designs its competitions Enviromment expert organisations as well as venture funds. While there is still a long https://amazonia.fiocruz.br/scdp/essay/calculus-on-manifolds-amazon/will-cell-phones-destroy-the-cell-phone.php to go to make these programmes truly accessible Innovation And The Modern Day Business Environment over the world, the invested effort is already paying off in the case of LeafyLife.

Yet the people facing those problems day to day may be the best source for solutions. With programmes like UpLink and the Climate Launchpad, innovative ideas from anywhere could have a better chance of turning into solutions — and helping people everywhere. We would be grateful if you would consider joining as a member of The EB Circle. This helps to keep our stories and resources free for all, and it also supports independent journalism dedicated to sustainable development.

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