Entrepreneurship Idea Brings A Ray Of Light To Many

Filed in archive General on December 17, 2011

© US Mission Geneva

Entrepreneurship can be a very good method to serve the people. This is exactly what was in the mind of inventor Stephen Katsaro when he decided to take his invention the entrepreneurship way.
Katsaro has come up with a solar-powered light bulb which he is planning to make available to the people of developing countries, via his model of for-profit entrepreneurship instead of the non-profit route. Katsaro has named his company Nokero, as in no kerosene, and he follows a social entrepreneurship model in order to bring light to a 1.6 billion people using his charge-by-day and run-by-night bulbs.
The developing world faces issues like potable water scarcity, inadequate food, unaffordable lighting, and Katsaro believes the social entrepreneurship model can help fix these issues in an inclusive manner.