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Social Entrepreneurship - SMP in The Gambia

10 Aug 2014

Entrepreneurship isnt about selling things -- its about finding innovative ways to improve peoples lives. Until recently, most people in business focused on products and services that would appeal to consumers, and this resulted in the creation of many great companies and a lot of jobs. But attitudes are changing. A new generation of entrepreneurs is using approaches from the commercial world and employing technology to tackle social and environmental problems -- these areas used to be the exclusive territory of government agencies and charitable organizations.

No matter what the structure of the company -- whether it is for-profit, nonprofit or a creative melding of the two -- entrepreneurial solutions are offering engagement, jobs and hope in areas where we had none. The example set by SMP in The Gambia, West Africa. SMP started to develop and distribute solar charging systems and lanterns in the region, providing power for cellphones, lights and other devices. These stations are helping to transform the lives of people living in rural areas where the supply of electricity is erratic, non existent or unaffordable.

SMPs business model is focused on driving change for people and the planet, and at the same time creating a lucrative new revenue stream. This shift has opened up new avenues for the company, which is using its solar powered refrigerators to store vaccines for the community.

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Social Entrepreneurship - SMP in The Gambia
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