“In the simplest sense, micro-franchises are ‘businesses in a box’ which can be taken on by low-income individuals,” says Joe Kallarackal, director of the International Centre for Social Franchising. “As a lot of the supporting systems have been tested and packaged up, the franchisee doesn’t need to have a lot of specific skills to take it on.”
“Today’s young entrepreneurs are renowned for their passion and commitment to changing things for the better through their businesses. And as socially responsible business leaders, their aim is to make an impact on some of the world’s biggest social challenges.
The most outstanding among them also get an opportunity to be recognised by the World Economic Forum and invited to join an exclusive global organisation, Young Global Leaders (YGL), whose 800 members have access to a network of high profile people to help them further their endeavours to bring about change and operate as a force for good…”