A forum organized by SNV Netherlands Development Organization in Washington, D.C. attracted some 140 attendees from corporations, governments, foundations, investment firms, international financial institutions, NGOs and think tanks to discuss inclusive business models that generate new markets and profits for businesses while helping achieve development objectives.
The goal of the forum, moderated by Wall Street Journal International Economic Correspondent Robert Davis, was to consider new trends in business development and social investment that “do well by doing good” in emerging markets and underserved communities.
SNV Chairman Dirk Elsen commented: “Through inclusive business poor communities can be involved in business not only as consumers, but also as employees, suppliers and small investors. Inclusive business can strengthen their capacity to look after their own economic interests. This concept works.”
Among the speakers were Ambassador of the Netherlands to the United States, Renée Jones-Bos; Director of USAID’s Global Development Alliance, Kermit Moh; President of the Western Union Foundation, Luella Chavez D’Angelo; Vice President of the Inter-American Development Bank, Steven Puig; Vice President of Emerging Markets at Cisco Systems, Scott Blacklin; and Senior Program Manager for Community Affairs for Microsoft, Tim Dubel.
Neil Ghosh, SNV Regional Manager and Head of the Washington, D.C. office said: “Economic growth is the key to poverty alleviation and business is the driver of economic growth. In our drive to create innovative solutions to address poverty in an effective, scalable and sustainable manner, we launched the Inclusive Business Alliance nearly two years ago, in collaboration with the World Business Council for Sustainable Development (WBCSD).”
More information
More information about this event is available on the SNV website or via Neil Ghosh, SNV Senior Regional Manager, Tel.: +1 202 572 9273.
The post was all about inclusive business which is expected to strengthen the economic condition. It is the new trend which brings development in business and social investment.
SNV Forum attracted multiple business concerns and non-governmental organizations and ensures innovative market trends.
Many higher authorized people and VIP's are a part of this discussion and their uniform opinion is economic growth will be the strong weapon to destroy poverty .
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Julissa
Posted by: Julissa | December 22, 2008 at 12:45 PM