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The Hackathon COVID Couldn’t Stop: Season 9 of the Yarl Geek Challenge

A staple event of the Sri Lankan tech calendar, Season 9 Finale of the Yarl Geek Challenge (YGC) has come to an end. A competition organized annually by the Yarl IT Hub, the YGC is known to attract the best in entrepreneurship and technology from the Northern part of the country. Over the years, many

The Hackathon COVID Couldn’t Stop: Season 9 of the Yarl Geek Challenge

A staple event of the Sri Lankan tech calendar, Season 9 Finale of the Yarl Geek Challenge (YGC) has come to an end. A competition organized annually by the Yarl IT Hub, the YGC is known to attract the best in entrepreneurship and technology from the Northern part of the country. Over the years, many

An interview with Dr. Mrinmayee Bhushan, founding Director of the start-up firm, Mindfarm Novatech Private Ltd; consultant for IP and innovation for a DSIR-approved, not-for-profit research organization, APT Research Foundation, and a biosecurity analyst.

Tell me about the product you developed. Mrinmayee: It all started because of the reluctance shown by a relative of mine to face the public after hair grew abnormally on her face during menopause. That prompted me to find a remedy for the problem. As a medical pharmacologist, I was trained to help solve issues

An interview with Gadhadar Reddy, Chief Executive Officer of NoPo Nanotechnologies Private Limited

Tell me about your company, NoPo Nanotechnologies. Gadhadar: I founded NoPo Nanotechnologies in 2011 along with Dr. Robert Kelley Bradley. Our objective was to produce high quality carbon nanotubes and thereby enable applications that would transform life. In particular, we are developing technologies for the space industry that will also help solve some of the

An Interview With Dr. Mugdha Potnis-Lele Senior Manager – Social Innovations, Venture Center

John Hoffmire: What is the Venture Center? Mugdha: Venture Center is India’s award-winning, leading technology business incubator for science and technology startups. We offer entrepreneurs and startups the widest suite of incubation programs, services, resources, and facilities. With over 75 resident startups at any given time, we are one of India’s largest science business incubators.

An interview with Jayant Sitaram Karve, Director and Chief Executive Officer of RCupe Lifesciences Private Limited

John Hoffmire: Tell me about your company, RCupe Lifesciences Pvt. Ltd. Jayant: RCupe Lifesciences is a biomedical device start-up focused on developing, manufacturing, and commercializing innovative solutions for unmet clinical needs in emerging and other markets. Currently we are focused on a much needed ‘Ozyn-D™’, an indigenously developed, novel intraosseous (IO) device for pre-hospital and

An interview with Karon Shaiva, Chief Impact Officer – IDOBRO & Managing Trustee – RISE Infinity Foundation

John Hoffmire:  You are the founder of the RISE Infinity Foundation. Tell me more about this social enterprise. Karon: I started the RISE Infinity Foundation in 2014 as an organization committed to serve those in India who are vulnerable, poor, and sick. Our vision is to create a more responsible, inclusive, sustainable, and eco-friendly society

Efficiently Measuring Progress Toward Poverty Alleviation

What did you have in mind that made you want to start Outline India? Prerna Mukharya – Good data leads to robust policy making. Before starting my journey with Outline India, I was a researcher working on grants with think tanks and universities. I realized that as a country we were receiving so much donor money,

Following Up On The Link Between Poverty And Mental Illness

It almost goes without saying, sometimes a person’s mental health problems can lead to poverty. And sometimes mental health problems don’t correlate with poverty. But, often, one comes with the other. The World Health Organization has made it fairly clear that the two interact closely (and correcting one might lead to impacting the other for

2020-12-07T06:07:27-06:00

Honoring the dignity of employees includes having them own more of the company

George Clason, in his classic book titled "The Richest Man in Babylon," wrote this line: “A part of all I earned was mine to keep.” In the 1950s, a lawyer named Louis Kelso coined the term “Employee Stock Ownership Plan” (ESOP). The intent of ESOPs is to significantly increase employee incentives and productivity, while giving

Efficiently Measuring Progress Toward Poverty Alleviation

John Hoffmire: What did you have in mind that made you want to start Outline India? Prerna Mukharya - Good data leads to robust policy making. Before starting my journey with Outline India, I was a researcher working on grants with think tanks and universities. I realized that as a country we were receiving so much

It’s not income that determines charitable giving

The American people are no strangers to the spirit of charitable giving. A phenomenal figure from Charity Navigator shows that as many as 50 percent of American households donated money when the 2010 earthquake devastated Haiti. This giving accumulated to $1.4 billion. Another example of American goodness was the $1.6 billion donated to victims of

2020-11-30T04:17:54-06:00Tags: |

How large a role should business play in improving society?

All societies have problems. I am sure this is not a shock to anyone. Neighbors have disputes, poverty exists and inequality grows. Simply put, if each individual of a society is imperfect, so too is society, and since no one is perfect, we each play a part in making society imperfect. And like people, institutions

2020-11-30T04:20:35-06:00Tags: |

Moving Toward 100% Employee Ownership through ESOPs

Download this entire article with all the Exhibits: TischerHoffmireESOP  The academic and practitioner literature on Employee Stock Ownership Plans (ESOP) has developed significantly over the past decades, particularly with respect to the impact (improved growth and productivity) and different types of ESOPs (leverage and non-leveraged). Yet, despite ESOPs being well-conceptualised, the deals struck in the

2020-11-30T04:19:37-06:00

The Longer We Wait, the More Difficult it Will Be for the Future of Social Security

Social Security policy is unsustainable in its current form. What has consumed a significant portion of America’s paychecks and helped sustain a significant portion of America’s seniors is destined for change. In 2019, the trustees of the Social Security program released a report predicting that all of the trust fund’s reserves would run out by

2020-11-30T04:20:07-06:00Tags: |

Foundations and Impact Investing

Elise Clark and John Hoffmire In the past decade, investment companies and foundations have shown an increased interest in impact investment.  It is no longer a niche industry, but a mainstream concept organizations use to create social and environmental impact.  In an article written by Sridhar Prasad et al., published by The Bridgespan Group, it

2020-11-17T08:49:48-06:00

Covid-19 Care Monitoring Coalition Empowering Self-Advocacy

Empowering Self-Advocacy by Health Workers, and Highly Affected and At-Risk Populations  Project Description   Background  In July 2020 we launched what we are calling the "Covid-19 Care Monitoring Coalition” (CCMC), to help facilitate self-advocacy and a constructive dialogue between health care providers, ministries of health, and population groups at high risk because of Covid-19. The CCMC

2020-11-19T08:02:16-06:00

Global Food Shortages Exacerbated by COVID-19 Pandemic

Elise Clark The global crisis of COVID-19 has illuminated many gaps in governmental systems across the world when it comes to reacting and responding to crises, but particularly when it comes to food shortages and weaknesses in the global supply chain.  The Committee on World Food Security (CFS) reported, there are an “estimated (pre-COVID-19) 821

2020-11-11T04:36:18-06:00