Friday, November 11, 2005

Next Billion

nextbillion.net

Our goal is to identify and discuss sustainable business models that address the needs of the world's poorest citizens. Linking the pursuit of profit with the goal of economic development creates a new lens through which traditional business and development models can be viewed. Through this lens, we explore the “next billion” ― the next billion to rise from poverty as empowered consumers, and the next billion in profits for private firms to earn by selling to underserved markets.

NextBillion.net emerges from the successes of “Eradicating Poverty Through Profit: Making Business Work for the Poor,” a conference held December 12-14, 2004 in San Francisco, California. It is an opportunity to continue, and to expand upon, the relationships and conversations begun there.

Our goal is to create a new forum for the discussion of best practices, new research, and on-the-ground activities related to business engagement with low-income communities, and private sector-led development. It is a place where development professionals, business leaders, social entrepreneurs, NGOs, policy makers, academics, activists, and practitioners - from both North and South - can convene every day to create connections, and build on their own, and others’, work.

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