One of my goals for this blog this year is to provide a spotlight for Chilean entrepreneurs, in English, to share their stories with people outside this country.
Back in 2008, when I was working for a software social enterprise in San Francisco, I collaborated closely with a organization called NESsT. NESsT’s main office is in Chile and I often chatted with their communications team on Skype. Here is a description from their website:
NESsT develops sustainable social enterprises that solve critical social problems in emerging market countries.
NESsT is a catalyst for social enterprises in emerging markets and worldwide.
We achieve our mission by providing financial capital, training and mentoring, and access to markets for a high-impact portfolio of social enterprises in emerging markets.
We combine the tools and strategies of business leadership, entrepreneurship and investment with the mission and values of the social sector to enable our portfolio to: better plan, improve management capacity, grow, and increase their social impact.
I still receive NESsT’s newsletters. In the most recent issue, I read that NESsT exited two of its most successful social enterprises. One of these is:
— Domos, that sells intra-family therapy services to companies in Chile thus reducing low productivity levels of employees due to absenteeism and stress. The social enterprise reached 300 beneficiaries and generated a 42% rate of profit.
I think this is a brilliant business model. Companies need dependable staff, and who can be dependable when there is danger at home?