Posts tagged with: Seven Fund

Andreas Widmer, co-founder of the SEVEN Fund and Acton’s research fellow in entrepreneurship, explains the lessons in entrepreneurship he learnt while serving Pope John Paul II as a Swiss Guard in this interview from the Wall Street Journal. He then describes the mission of the Seven Fund. He makes a number of thought-provoking points in the eight minute video:

Andreas Widmer is also a voice of the PovertyCure project.

Andreas Widmer makes a point as Michael Miller looks on last week in Boston

Acton On The Air Last week in Boston, Acton’s Director of Media Michael Miller and Seven Fund co-founder Andreas Widmer joined host Scot Landry on The Good Catholic Life on 1060 AM to talk about enterprise solutions to poverty, the intersection of faith and business, and the PovertyCure initiative. You can hear the interview via the audio player below:

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

The Seven Fund has announced a new Breakthrough Innovation Grant competition.

The Breakthrough Innovation Grant (BIG) of up to USD $20,000 will be given to the most innovative business ideas that will have an impact on poverty alleviation in the Philippines.

We are looking for small and medium-sized enterprises (SMEs) as well as social entrepreneurs whose ideas can serve as drivers for poverty alleviation and social improvement. Proposals must be innovative, resourceful, scalable, and fit the particular needs of the Philippines to drive wealth creation.

If you think you have a good business idea go to their website enter the competition.

I got news of a new innovation challenge grant from our friend Andreas Widmer at the Seven Fund. Seven is partnering with the Fisherman Foundation and Hapinoy Stores to promote innovative ways to use enterprise as a solution to poverty.

Hapinoy stores in the Philippines offer opportunities for women who are at home taking care of their families, to earn extra money by having a store in their house. The Innovation Challenge competition is looking for new ways for these micro entrepreneurs to grow their business and become more profitable.

The press release is below and you can read about the competition, Hapinoy stores, rules, and prizes here

Cambridge, MA – September 2010 – The SEVEN Fund is pleased to announce the ‘Breakthrough Innovation Grant’ (BIG) competition in partnership with the Fisherman Foundation and MicroVentures Inc.’s Hapinoy Program in the Philippines. This business concept competition is open to all who aspire to create prosperity in the Philippines through new and viable business ideas that can be offered through the Hapinoy sari-sari store network. Proposals must be innovative, resourceful, scalable, and fit the particular needs of the Philippines.