Harvard Business School has selected Elizabeth Scharpf to be the inaugural recipient of its Social Entrepreneurship Fellowship. â€œThe HBS Social Entrepreneurship Fellowship program is designed to support the efforts of recent HBS graduates who are launching social enterprises – nonprofit, for-profit, or hybrid organizations – with a central focus on the creation of social value. This pilot program provides seed funding support to one recent graduate each year through a $25,000 fellowship.â€
Elizabeth was selected for her work in launching SHE, Sustainable Health Enterprises, a platform for starting businesses that use innovative, market based approaches to tackle socio-economic and public health problems in developing countries. The first enterprise of SHE aims to address a universal need of women and girls in developing countries for affordable, quality, sanitary napkins. Elizabeth and her team are currently working on a pilot project in Rwanda to develop a low cost sanitary pad utilizing locally sourced materials.Â Below is a video of Elizabeth pitching SHE to Echoing Green in 2008.
“In interviews with more than 500 women and girls in Rwanda, we found that half of the girls interviewed are missing school due to menstruation, primarily because sanitary pads are too expensive,” said Scharpf. “Lack of access to pads affects not only the prospects of girls and women, it also has significant macro-economic consequences for countries – in fact, and we estimate a $115 million loss in GDP per year in Rwanda alone.â€
Wow. Once again, another awesome change maker curing a societal ill while using a solid market based approach to execute her vision. Pretty cool.
- A platform for starting businesses that use innovative, market based approaches to tackle socio-economic and public health problems in developing countries.
- Organization Type: For-Profit
- Website: www.sheinnovates.com
- Founder(s):Elizabeth Scharpf
- Location:New York, New York, United States
- See complete company list here
Image Source:Â thecrimson.com