Mon, Mar 30, 2009
Yasmina ZaidmanDiscussion Summary:
Acumen Fund is a non-profit venture capital fund that focuses on businesses that drive social change.
Acumen Fund funded a drip-irrigation business using technology from India and Pakistan. The technology suited the local conditions in South Asia by being scalable, working at the micro-level, and providing a rapid return on investment. The technology increased yields by 20-100%, and reduce soil erosion.