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This Business News Story Was Uncovered By Us From: https://blog.eonetwork.org/2018/12/entrepreneurship-changing-world-localized-perspective/

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Written for EO by Michael Neidert, a writer and consultant. 

Entrepreneurship is difficult in any part of the world, but entrepreneurs in developing nations face an especially steep uphill climb.

Add poor infrastructure, difficult-to-access capital and daunting challenges to the list of typical issues of starting a business, and entrepreneurship in a developing nation becomes an especially courageous act. However, as in many scenarios, ingenuity is born of necessity.

Despite the obstacles, it’s entrepreneurs who are driving real change and progress, transforming developing nations by growing knowledge-based economies, investing in local communities and solving challenges that Silicon Valley may not yet even be aware of.

Since 2016, the United Nations’ Sustainable Development Agenda has been a driving force in addressing 17 sustainable development goals, tackling challenging issues ranging from energy to climate change to hunger.

EO supports the UN’s Sustainable Development Goals, tapping the genius and problem-solving abilities of its more than 13,500 entrepreneurs to help solve the world’s ongoing challenges.

But it’s not only EO members who find innovative ways of driving social change. Entrepreneurs in developing nations are transforming their communities, economies and legacies for a more sustainable future.

How local entrepreneurship addresses the UN SDGs

Being plugged into the local culture gives entrepreneurs in developing nations a unique sense of what’s needed, allowing for local solutions to local issues. Fibre, a Nigerian startup, solves a uniquely local housing problem: They offer monthly rent payments instead of requiring 24 months of rent upfront―the local norm―thus creating greater access to aff… Read More

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