A Start-Up Approach to the Drug Problem
7-Eleven Philippines chief Victor Paterno pitched not one but two ambitious plans when he addressed the Makati Business Club in March. The first is a plan to roll out community-based drug rehabilitation programs, working with police and local leaders to curb drug-related deaths by getting communities certified as drug-free zones.
The second is a proposal to finance the plan in start-up fashion, with investors coming in at several phases in venture-capital style.