Start-up companies play a decisive role in innovation and thus in social development. They are often the driving force behind new ideas, new technology and products. They challenge established ways of doing things and help to improve existing solutions. Startups also create jobs. New companies employ people, who contribute to economic growth and prosperity. Startups often have a scalable business model. If successful, they can grow rapidly and reach large markets.
Change Com, an early-stage investment company, is part of the ecosystem for startups and helps promote innovation and positive change. In addition, Change Com’s mission revolves around creating a fairer world by meeting critical global challenges. Here are some elements of the company vision:
1. Reducing inequality and bridging the gap: Inequality is a barrier to a just society. Change Com aims to build bridges between developed and developing countries. The effort focuses on entrepreneurship, digital transformation, financial inclusion, internet for all, creating decent jobs, and education.
2. Universal access to electricity: Change Com envisions a world where all households have a reliable electricity supply. This will, among other things, provide economic growth, create new businesses, and strengthen the education and health sectors.
3. Global Internet Access: The Internet and online content services are a powerful gateway to knowledge. Change Com believes strongly in the importance of universal internet access. Change Com contributes to projects that provide affordable internet access to bridge the digital divide across people and regions.
4. Strengthen small and medium-sized enterprises (SMEs): SMEs form the backbone of economies in developing countries. Change Com wants to offer advice and support start-up companies that offer credit solutions. By promoting entrepreneurship, innovation and financial inclusion, local economies are strengthened by job creation.
5. Fair market economy and promotion of innovative technological solutions: Change Com believes that trade, a fair market economy, governed by transparency and accountability, drives prosperity. Change Com supports startups that use innovative technology to prepare for:
- Renewable energy for sustainable development.
- Digital inclusion to connect the unconnected.
- Financial inclusion ensuring that people have access to useful and responsible financial services like payments, saving, credit and insurance.
- Improved logistics that for example enables businesses to store and transport their goods to customers.
- Efficient agriculture for increased productivity.
6. Ending Dominance and Fostering Collaboration:
- Change Com acknowledge historical imbalances and the dominance of the developed world over Africa and other developing regions.
- We call for equitable partnerships, fair trade, and technology transfer. We reject neocolonial practices and advocate for mutual respect and cooperation.
- Working together, we can build a world where prosperity is shared, leaving no one behind. Let’s harness the synergy between fair markets and cutting-edge technology to create a fairer and more inclusive global community!
The summary is created with the help of artificial intelligence (AI) and edited, and quality assured by Endre Skolt.