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Global innovation index 2024: unlocking the promise of social entrepreneurship



Reading the Global Innovation Index 2024, I was inspired by its powerful theme: “Unlocking the Promise of Social Entrepreneurship.”



It’s a call to action, reminding us that innovation isn’t just about technology or profits—it’s about solving real-world problems and creating value for society.



Here are the 5 sectors where I see social entrepreneurship driving the most impact:



1️⃣ Technology for Good:


It’s incredible to see how AI and digital platforms are being harnessed to address challenges like food insecurity, disaster relief, and digital literacy. Tech isn’t just transforming industries; it’s empowering people.



2️⃣ Healthcare Access and Affordability:


Social entrepreneurs are rethinking healthcare delivery, using telemedicine and mobile clinics to bridge gaps in underserved communities. This isn’t just innovation—it’s life-changing.



3️⃣ Sustainable Energy Solutions:


From community solar projects to microgrids in remote areas, energy innovators are lighting up lives while reducing carbon footprints. The impact is as local as it is global.



4️⃣ Inclusive Finance:


Social enterprises are democratizing finance, offering microloans, digital wallets, and financial education to underserved populations. This is about unlocking opportunities for millions.



5️⃣ Education and Skills Development:


I’m particularly inspired by how edtech startups are leveraging personalized learning tools to empower marginalized communities. Knowledge truly is power, and these innovations are proof.



What stands out in these sectors is their focus on impact over scale and community over profit. It’s a reminder that innovation doesn’t just grow economies—it can transform lives.





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Bhuva Shakti is the founder and CEO of Bhuva's Impact Global™, and Wallet Max™ empowering executive women and venture capital investors to fund sustainable startups. With an MBA from Columbia University and three decades as a senior Wall Street executive, Bhuva has led financial portfolios, digital transformation products, and risk governance during major global crises. A board director and keynote speaker, she champions economic inclusion, climate-fintech partnerships, and fundraising strategies for social impact businesses.

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