Development Economics

‘Active Incubator Models’ and Management for Social Enterprises

The following was originally posted on NextBillion.  It is the first post in a two-part series about social enterprise incubators. There is no shortage of visionaries in the world with game-changing ideas. But there is a deficit of individuals with the business acumen and management skills to make the leap from theory to action.T his is the core insight of the Asian Social Enterprise Incubator (ASEI), a Manila-based organization that identifies products and ideas with transformative potential and helps to grow them into sustainable businesses. What distinguishes ASEI from typical business incubators, which offer office space, legal support, and back-office services, is its approach. ASEI employs an "active incubation model," taking on a managerial role and overseeing day-to-day operations, developing the sales and marketing strategy, putting necessary systems in place, and eventually spinning it off to investors. (more…)