Social entrepreneurship in tourism: Like NGOs but sustainable
While NGOs do not necessarily hold a responsibility towards donors, social startups can’t run on fundraising.
Source: www.contxto.com
While NGOs do not necessarily hold a responsibility towards donors, social startups can’t run on fundraising.
Source: www.contxto.com
Actress Kerry Washington has made an investment of undisclosed size in direct-to-consumer jewelry startup Aurate. This isn’t the first time Washington has gotten involved in startups — she’s also backed The Wing, Community and Byte. In fact, when we asked her about her dream investment at Disrupt in September, she hinted at a new deal that “feels pretty dreamy.” When I brought up those comments earlier this week, Washington laughed and confirmed that Aurate is exactly what she’d been thinking about. In addition to providing funding, Washington also collaborated with the company to create The Lioness Collection, which features two of Aurate’s bestselling gold chains bonded together as both a necklace and a bracelet, along with hoop earrings and a pendant inspired by the Egyptian goddess Sekhmet. Washington was excited about Aurate’s goals of sustainability (its gold comes from sustainable sources) and making fine jewelry more affordable. Plus, she said, “I love working with female founders,” to the extent that she and Aurate founders Sophie Kahn and Bouchra Ezzahraoui have become “our own lioness tribe.” “I was inspired by the themes of what the lioness means, how lionesses operate, how the lionesses hunt together and nurture their cubs together,” she added. “There’s no hierarchy among lionesses … They are fierce and ambitious but they also take care of each other.” And while the average price point of Aurate jewelry is $300, pricing for items in the Lioness Collection starts at around $150, with 20% of the proceeds going to women’s activist group Supermajority. Kahn recalled “countless Zoom conversations” with Washington to develop the collection, while Ezzahraoui said that the team has been talking to her for the past three years — it took a while to make sure everyone was “aligned philosophically” and to figure out the right partnership. “Aurate…
Cleveland, OH and Portsmouth, NH – Garick and BioGreen360, announce they have entered into a Memorandum of Understanding for a strategic partnership aimed at repurposing food waste into various sustainable organic products. The Companies will collaborate on targeting the highest value, commercial…
When we examine the UN sustainable development goals there are multiple interconnected goals that address global challenges relating to poverty, inequality, climate change, peace and justice as well as the one we immediately think of – environmental degradation. Recently my colleague José Esteban Lauzan blogged about the economic concept of externalities.
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