BURN Manufacturing has raised $4 million, and with those funds is moving forward on their vision to rid East Africa of the smoke of cook stoves, and in the process, save at least 100 million trees. The U.S. Overseas Private Investment Corporation (OPIC) and General Electric have partnered provide this funding. This groundbreaking news was announced on January 31, 2013 by U.S. Secretary of State...
The Washington Global Health Fund awarded two grants to two Washington-based companies making an impact across the “bottom billion” around the world. $120,000 was granted to BURN Design Lab, the non-profit sibling of BURN Manufacturing, one of the Fledge “fledglings” from this summer. According to Peter Scott, founder of BURN, this funding will permit BURN Design Lab to...
More money than ever is flowing into impact investing, yet many entrepreneurs creating companies that serve the poor still find it difficult to raise capital, particularly at the early stages of their company’s growth. (Originally posted on the Stanford Social Innovation Review) Husk Power Systems, a growing social business, burns rice husks to generate power and provide electricity to low...