Acumen Blog

ANNOUNCING A NEW INVESTMENT, FIRST ACCESS

Acumen announces its new investment in First Access, a data analytics company improving access to formal financial services for low-income East African communities. In East Africa, only 22 percent of the population has access to formal financial services with the region’s poor having even less at 10 percent. First Access presents an opportunity to increase the ability of these low-income communities to save, manage risk responsibility, invest in such critical services as education, and ultimately rise out of poverty. [Read More]

ANNOUNCING THE 2015 PAKISTAN FELLOWS

Acumen is proud to announce the selection of our third cohort of Pakistan Fellows. After a competitive application process, we’ve chosen a diverse group of 20 leaders working in provinces across the country. This year’s Fellows are fighting poverty and changing lives across Pakistan through unique initiatives that range from advocating for vulnerable prisoners’ rights, to creating solutions to address low-quality education, to developing branchless banking channels for low-income customers, and more. Read more about each Fellow and their inspiring work below. [Read More]

ANNOUNCING THE 2015 INDIA FELLOWS

Acumen is proud to announce the selection of our second cohort of India Fellows. After a competitive application process, we’ve chosen a diverse group of 20 leaders working in 13 states. This year’s Fellows are fighting poverty and changing lives across India through unique initiatives that range from providing affordable menstrual hygiene products to marginalized women, to making quality education available to children in conflict zones, to designing innovative sanitation solutions for the urban poor, and more. Read more about each Fellow and their inspiring work below. [Read More]

ACUMEN NAMED ONE OF WORLD’S TOP 10 MOST INNOVATIVE COMPANIES IN NOT-FOR-PROFIT BY FAST COMPANY

Fast Company today announced its 2015 ranking of the World’s Most Innovative Companies in Not-For-Profit, honoring leading organizations and rising newcomers that exemplify the best in social and philanthropic innovation. Acumen earned the No. 7 spot on the annual list in recognition for its Lean Data Initiative—a project launched in 2014 to find more efficient, cost-effective ways to measure and evaluate social impact. [Read More]

ANNOUNCING THE 2015 EAST AFRICA FELLOWS

Acumen is proud to announce the selection of our fourth cohort of East Africa Fellows. After a competitive application process, we’ve chosen a diverse group of 21 leaders from five different countries in the region: Kenya, Uganda, Tanzania, Rwanda and, for the first time, Ethiopia. This year’s Fellows are fighting poverty and changing lives across East Africa through unique initiatives that range from providing much-needed ambulance services to helping make hygienic sanitation more accessible and affordable to empowering young women to start viable agro-enterprises and more. Read more about each Fellow and their inspiring work below. [Read More]

New Study By Acumen and Bain & Company Unveils How To Scale Adoption Of Agricultural Innovations

Acumen and Bain & Company today released Growing Prosperity: Developing Repeatable Models® to Scale the Adoption of Agricultural Innovations—a new report to help entrepreneurial companies, and others, unlock the potential of smallholder farmers through large-scale adoption of agricultural innovations and inputs. The report’s insights and findings—which are the result of interviews with more than 300 smallholder farmers, sector experts and pioneer firm management—demonstrate the transformative power of providing smallholder farmers with the right access to the right innovations at the right time. In parallel, the report addresses why very few pioneer firms have been able to achieve the scale needed to provide smallholder farmers with access to agricultural products and services that have the potential to increase their yields and pull them out of poverty. [Read More]

Why India’s Economic Growth Depends on Vocational Training

India has an enormous population of young people – over half of the 1.2 billion people are younger than 25 years old. Yet, only 2% of its 500 million person workforce has any skills or training. The majority work in the informal sector (90%), where there are few opportunities for education other than what workers ‘pick up’ on the job. This reality limits overall productivity, as well as upward mobility. [Read More]