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In this newsletter you'll find:
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GlobalGiving emerged from a series of physical marketplaces that co-founders Mari Kuraishi and Dennis Whittle
created while at the World Bank. They were called the Innovation and Development Marketplaces, and they
reinvented the way people thought about international aid and development.
Each event began with an invitation. Kuraishi and Whittle were looking for input on how the Bank could deliver its
own poverty reduction mission more effectively. The results were staggering.
For the 2000 Development Marketplace, over 1,100 groups applied within a month of their invitation. A team of Bank experts then evaluated the
applications and chose 300 finalists to be invited to an entrepreneurial competition in Washington.
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"After the dramatic successes of the Development Marketplace, Kuraishi (left) and Whittle (right) left the
World Bank to pursue an even more ambitious market-based approach to
development. Their latest project is called GlobalGiving."
-The Harvard Business Review
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Among the finalists
were two older Ugandan women who had never been outside their home province, and had developed a world-class microcredit
scheme; two teams of supreme court justices from Latin America; and someone from NASA, who had an idea for using satellite
technology to help improve crop rotation in Africa and Asia.
On the day of the competition, teams set up booths in the atrium of the Bank and pitched their ideas to a jury panel
of senior World Bank managers, NGO leaders, and private sector executives.
After two days, 44 social entrepreneur teams were chosen and received $5 million of funding. The Ugandan women won, along
with one set of Supreme Court justices. The NASA expert didn't win, but was thrilled with the feedback he received on his idea.
After the awards were announced, a South African woman who hadn't received funding approached Whittle and asked when the
secondary market was going to start. "Just because the World Bank didn?t fund our idea doesn't mean that others funders
in the world might not," she said.
That remark was the genesis of GlobalGiving. Within six months Kuraishi and Whittle left the World Bank to begin designing
a marketplace that would allow social entrepreneurs from across the world to solicit funding and expertise - 24 hours a day,
365 days a year.
And in February 2002 the two launched GlobalGiving's "DevelopmentSpace" pilot Web site. Within two weeks,
the first project, a toilet block at a school in India, was funded, prompting the Washington Post to call GlobalGiving "the
foreign aid equivalent of the speed of light."
Two years removed from its launch, GlobalGiving has emerged as the global philanthropic exchange. Last year it raised hundreds
of thousands of dollars for grassroots projects around the world and saw giving increase by more than 150%. And
with industry leaders
HP and VISA on board, GlobalGiving is poised to have an even more successful year in 2004.
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HAVE A SUCCESS STORY YOU WANT TO SHARE WITH GLOBALGIVING? LET US KNOW!
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In a world that she saw as rapidly using technology across all borders and human boundaries, noted computer scientist Anita Borg
spoke out on behalf of a large, underrepresented segment of the world's population -
women. She believed emphatically that women's
lives must benefit from technology. Anita Borg stressed that women's voices, representing multiple approaches and priorities, are
essential and that where women define the benefits, technology is developed for the good as well as for profit. Throughout her life,
she worked to make her vision of relevant, valuable technology become the norm. This award was created to honor those who fulfill
her vision.
The Anita Borg Institute for Women and Technology will present this award at each Grace Hopper Conference. The first award
will be presented at the 2004 Grace Hopper Celebration, October 6-9, 2004 in Chicago, Illinois . In addition, the award recipient
will receive a cash grant of $10,000.
This award identifies achievements by an individual or team who has increased the positive impact of technology on the lives of women.
- Impact will be measured by the degree and type of social change, amount of women's increased empowerment through
the technology or increased influence over technology.
- The award recipient may have developed the technology, motivated social change and empowerment through that technology,
or increased women's influence over and decision-making about technology.
Submit your nomination by April 15. See Anitaborg.org/social_award.html
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2004 marks the publication of a remarkable new book about social entrepreneurship by author and journalist, David Bornstein. Called
How to Change the World: Social Entrepreneurs and the Power of New Ideas, the book demonstrates why social entrepreneurs have been dubbed the,
"engines of social and economic growth."
Our own Anjum Khalidi recently read Bornstein's book, and felt:
How to Change the World... illustrates how courage,
persistence and innovative ideas can lead to effective social change in today's world.
Each story provides hope and inspiration for anyone committed to social and economic development.
Read more about this book at Howtochangetheworld.org
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Have something to say? Tell us why you participated in GlobalGiving and we will send you a free GlobalGiving t-shirt.
To qualify, email your comments to tscheu@globalgiving.com.
Offer good for a limited time only. One t-shirt per donor.
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