Acumen Blog

Seeking effective vaccine distribution

Interesting article on looking at market-driven solutions for healthcare prevention. One of the main reasons cited for chronic poverty is huge expenditure on healthcare, in part because treatment is so much more expensive than prevention. This is what makes vaccines so important. In many cases, the world has vaccines but not the distribution systems. In Pakistan, for example, the cost of a Hepatitis-C vaccine is approximately $25; treatment for the chronic disease that attacks the liver and can result in death at least $600. In Lahore, Pakistan, it is estimated that 12-15% of the population is infected with the disease. Our partner, Kashf, is launching a micro-lending program to provide financial options to poor people infected with the disease to help them cope – for without treatment, they are often unable to earn any income at all to survive. [Read More]

Bringing value-added services to the rural poor

Congratulations to our investee Scojo Foundation, which features in an article published in The Financial Express (part of the Indian Express group) on Hindustan Lever Ltd (HLL) and ITC Ltd’s rural business initiatives. Sadly, Scojo has been misspelled as Skojo – but it is thrilling to see Scojo Foundation highlighted as part of the effort to bring – and market – affordable products to underserved markets. [Read More]

Drishtee – one of Asia’s hottest startups

We are delighted that Acumen Fund investee Drishtee has been named one of Red Herring’s “100 Hottest Startups in Asia.” In Drishtee CEO Satyan Mishra’s words, “this award augurs well for the scalable growth of ‘Technology for Development’ in India and in all other developing economies. ” We would like to congratulate Satyan and everyone who has worked so hard with him to help Drishtee grow and strengthen its operations.  The company is a powerful example of what is possible by combining strong heads and soft hearts, the commercial and the social, and we couldn’t be prouder to be working with the Drishtee team. [Read More]

Acumen Fund at Stockholm World Water Week

I was recently invited (with full sponsorship from UN Habitat) to speak on a panel at Stockholm World Water Week. This is the world’s largest annual water conference and I was there to discuss the value of market-based approaches to water and sanitation funding for small towns. The planners of the session wanted to foster a debate and encouraged speakers to take on their opposing roles in earnest. Goaded on by facilitator Dominic Waughrey of the World Economic Forum, we each took polarized positions and provided concrete examples of failures and opportunities of the various forms of financing. With a little humor and expert facilitation, each of us went further than we may have planned in pointing out the inconsistencies and gaps in each others’ arguments. [Read More]

Conserving water, one small-scale farmer at a time

A New York Times article this week highlights the concerning scarcity of water that the world faces, noting water conservation strategies in agriculture as an innovative solution. Acumen Fund investment, IDE India, is focused one exactly this issue, developing useful and affordable water storage and irrigation technologies for small-scale farmers.  We believe that organizations such as IDE India will help to minimize the adverse impacts of these increasing water deficits on low-income populations. [Read More]

IAVI: accelerating the search for an HIV/AIDS vaccine

Acumen Fund Advisory Council Member, Dr. Seth Berkley is President and founder of the International AIDS Vaccine Initiative (IAVI).  IAVI is a global non-profit organization focused on accelerating the search for a vaccine to prevent HIV infection and AIDS. Their biennial flagship publication, AIDS Vaccine Blueprint 2006: Actions to Strengthen Global Research and Development, was released last week at the XIV International AIDS Conference in Toronto.  We are proud to know Seth and his team. [Read More]