The Arc Initiative is a unique group, founded by students and faculty from UBC, that strives to create programs that build local leadership and management abilities in developing countries. Their method is based upon the belief that giving these business tools to communities will provide long term help rather than short term fixes. It is for this reason that even if the United Nations was fully funded, the Arc Initiative and social enterprise would still be needed. The United Nations puts more focus on crises and rebuilding rather than trying to push further in development. Conversely, Arc Initiative and social entreprises put all of their efforts in a making sustainable difference in the designated regions. Arc Initiative’s travels to developing countries and helps people develop their business, which will often help their entire community. Personally, I strongly agree with the Arc’s method of helping. It seems much more reasonable and efficient to build some sort of infrastructure that will allow people to grow their own businesses and therefore quality of life. A great demonstration of this model working is the case of Salem Kassahun, as she has been able to increase her companies profits while also helping people. Overall, the Arc Initiative should be a great source of pride for students of UBC, especially students from the Sauder School of Business.
The Arc Initiative
Articles Used: http://www.sauder.ubc.ca/Global_Reach/ARC_Initiative/About_ARC
http://www.theglobeandmail.com/report-on-business/small-business/sb-growth/day-to-day/can-fair-trade-boutique-expand-without-alienating-customers/article4405520/
http://skollworldforum.org/about/what-is-social-entrepreneurship/