Millions and millions of people in urban slums around the world are waiting for an opportunity to build an effective business in generating good source of income. They also wish to have an opportunity to change their lives and to be able to work, to buy food, to send their children to school, and to stop being sick. A group of people, that eventually became good friends, in National Chengchi University while studying in the International Masters in Business Administration and the Executive Masters in Business Administration respectively, have decided to embark in an adventure that aim to impact in a positive way the lives of millions of slum dwellers worldwide through a social enterprise. They established a project called VERMIPOWER which intent to provide a source of income for slum dwellers as well as to enhance the living conditions global slum areas. Social enterprises are a profit generated business that looks for social, cultural, economic, and environmental outcomes. These enterprises are financially self-sufficient. The social enterprise that VERMIPOWER aspires to be, plan to have positive impacts on many factors within urban slums; from directly impacting people’s lives to helping the environment by utilizing elements from within the urban slums. The company is built on the idea that the urban slums have items that can be used for a resource recovery process. Red worms will be needed as well as food waste. Red worms are a perfect fertilizer producer when eating food waste in a process known as vermicomposting. Interesting enough, red worms, while producing vermicompost, reproduce at an accelerated rate providing two interesting sources of income for slum dwellers, both red worms and vermicompost. Vermicompost can be used in farms, gardens and red worms can be sold in bait shops, zoos, etc. As the saying goes, one man’s trash is another man’s treasure, the company will turn trash into treasure, literally. And with the help of third party corporations it will be possible as well to fulfill the ultimate goal, which is creating a source of income for millions of slum dwellers across the world.

落後地區學齡前教育學校建立規劃書 / Right at this moment, there are more than a hundred million kids under the age of six living in urban slums worldwide that are not receiving quality education. Research has shown that early childhood education (E.C.E.) from zero to six years is the critical and unmet need of this century. NGOs, governments and the private sector efforts have not been enough to solve this challenge. Social enterprises may be an effective option to address this issue. Four students in the International Master of Business Administration program of National Chengchi University decided to tackle this issue and create a social enterprise called IMPCT. Social enterprises are nonprofit or for-profit business ventures that strive to achieve a quantifiable double bottom line of financial and social returns. These ventures are financially self-sufficient. IMPCT is built on the idea that the only viable solution to the problem of urban slum early childhood education is having safe and nurturing facilities for children to flourish in. This is currently how the developed world handles early childhood education. More privileged families can take their newborns and babies to professional facilities where they get cognitive development and proper brain stimulations. IMPCT plans to make this privilege accessible to everyone in urban slums. Real ECE facilities will be built within the community for the community by the community. The kids will receive the proper quality education and nutrition in a safe and nurturing environment. IMPCT plans to begin the operations in August 2015 by building the first pilot school in the slums of San Salvador, El Salvador. The ultimate goal is to expand to the Central American countries, Mexico and South America reaching millions of children in the next decade.