Core Disciplines: Base of the Pyramid; Emerging and Developing Economies; Emerging Markets; Frontier Markets; Non-Profit/Non-Governmental Organizations (NGOs); Social Enterprise (Social Entrepreneurship); Strategy & Management
DESCRIPTION: Acumen Fund is global philanthropic venture capital fund that seeks to prove that small amounts of philanthropic capital, combined with large doses of business acumen, can build thriving enterprises that serve vast numbers of the poor at the base of the pyramid. In recent years, the organization has expanded its work into talent building and knowledge creation. This case explores management's tension of how to best use a $10 million contribution by a family foundation to make the greatest impact for the poor.
TEACHING POINTS: After discussing this case study, students will be able to: Understand the role and importance of intermediary organizations in facilitating the development of base of the pyramid (BoP) ventures. Assess an intermediary's competencies and priorities. Make recommendations to an intermediary on expanding its activities
Secondary Tags: Financial Services; Outsourcing
Sales Rank: #99