Tag: Social Enterprise/Entrepreneurship
March 7, 2014 – Sarah Weiner
This semester, a LIDS team supervised by Orrick LLP is completing a project for Qorax Energy, a renewable energy social impact firm focused on bringing international power engineering expertise to the Somaliland electricity market. I recently spoke with C. Nicolas Desrosiers, a co-founder of Qorax about his experience starting a social enterprise, the legal challenges he has faced, and how the LIDS team will be helping him this semester.
Can you briefly explain what led you to start Qorax Energy?
I had spent the year before starting Qorax working at a university in Somaliland and, for a short time, at Somaliland’s Ministry of National Planning & Development. In the course of my year there, I saw many challenges and opportunities but the most striking was the energy crisis. Somalilanders pay some of the highest prices for energy in the world, often more than ten times what consumers in the U.S. pay, and they also have incredibly high unemployment. I developed the idea for Qorax Energy with Nigel Carr and Abdishakur Mohamoud. Our mission is to reduce this high expenditure in Somaliland and other areas where electricity markets are inefficient. Together, we saw an opportunity to dramatically lower energy costs … Read More »