Supporting entrepreneurs

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Supporting entrepreneurs

We all agree that supporting entrepreneurs in developing countries is crucial to lifting people out of poverty. How best to do it?

Website: http://www.skillsventure.com
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Latest Activity: Nov 24, 2012

Discussion Forum

Simplifying micro credit 1 Reply 

Started by Alexandre MEJAT. Last reply by Ntatang Ayuk Etobi Oct 17, 2012.

Supporting early-stage social ventures through virtual incubator

Started by Natalie Nasseri Aug 17, 2011.

Comment Wall

Comment by Sidney Clouston on April 7, 2010 at 3:48
The GEF funds a broad array of project types that vary depending on the scale of GEF resources the project needs and the issue addressed. In order to be approved, each project follows a specific project cycle.

Each GEF country member has designated an officer responsible for GEF activities, known as GEF Operational Focal Point , who plays a key role in assuring that GEF projects are aligned to meet the needs and priorities of the respective country.

Any eligible individual or group may propose a project. However, to be taken into consideration ,a project proposal has to fulfill the following criteria:

It is undertaken in an eligible country. It is consistent with national priorities and programs.
It addresses one or more of the GEF Focal Areas, improving the global environment or advance the prospect of reducing risks to it.
It is consistent with the GEF operational strategy.
It seeks GEF financing only for the agreed-on incremental costs on measures to achieve global environmental benefits
It involves the public in project design and implementation.
It is endorsed by the government(s) of the country/ies in which it will be implemented.
Comment by shailini sheth amin on May 29, 2010 at 8:15
'MORALFIBRE FREES THE ENVIRONMENT FROM POLLUTION AND DEPLETION AND FREES PEOPLE FROM POVERTY.'
Hi! I am in London at present. Mainly looking for buyers for our sustainable 'almost carbon neutral' fabrics! Also looking for obtaining funding for my two year old project which can help thousands of spinners and weavers living in remote parts of India. Please contact me if you can help?! Thanks
Comment by tobi oni on July 3, 2010 at 9:39
my name is Tobi Oni and am presently in Nigeria,Abuja city.i am a personal assistant to the special adviser to the governor of Ekiti state in Nigeria.i am also into a major business which is really moving fast in the the Nigerian economy,i sell whole sale laptops and desktop computers and there is high demand for this kind of products in my country because it is a developing country when it comes to information technology which is gradually developing in my country and their demand is usually a branded product such as Hewlett Packard products.my major set back is finance for my business to grow .i have major connections with my government but i can grow bigger in this business and sell more to the people here but finance is the big issue for me to expand .i have heard of the GEF but i sincerely don't know how to go about it.please in anyway u can help ,mail me and let me know .any information necessary for me to grow i will extremely appreciate.thank u and i am exited to be a part of this group.and most international individuals see my people as all scammers but not all of us are like that.i do good and honest business all i need is information to getting finance and my business will grow.so if you are out there and you can help please mail me as soon as you can.thank u and have a lovely day.
Comment by tobi oni on July 3, 2010 at 12:53
my name is Tobi Oni and am presently in Nigeria,Abuja city.i am a personal assistant to the special adviser to the governor of Ekiti state in Nigeria.i am also into a major business which is really moving fast in the the Nigerian economy,i sell whole sale laptops and desktop computers and there is high demand for this kind of products in my country because it is a developing country when it comes to information technology which is gradually developing in my country and their demand is usually a branded product such as Hewlett Packard products.my major set back is finance for my business to grow .i have major connections with my government but i can grow bigger in this business and sell more to the people here but finance is the big issue for me to expand .i have heard of the GEF but i sincerely don't know how to go about it.please in anyway u can help ,mail me and let me know .any information necessary for me to grow i will extremely appreciate.thank u and i am exited to be a part of this group.and most international individuals see my people as all scammers but not all of us are like that.i do good and honest business all i need is information to getting finance and my business will grow.so if you are out there and you can help please mail me as soon as you can.thank u and have a lovely day.
Comment by Afi-Sarah Okon on October 26, 2010 at 22:29
This afternoon, I spoke with a very close relative in Nigeria. By the time, we got to concluding the exchange, the communication line dropped at least ten times. This is just one example to show the lack of quality infrastructure necessary to support the business community. Other notable factors include, pot-hole ridden roads, even though you are likely to find the latest car imports from Europe's showrooms on these roads. Not to mention, the death traps these roads present to both our young and old persons. Then, there is the question of inadequate power supply in most of these major cities. Given this, how do you even fit into the business plan/module long term strategies for growth? Add to this, the ever volatile politico-economic climate that looms over a country like Nigeria. The upcoming elections in early 2011 is already making lots of folks very nervous and uncertain about their lives and livelihoods. As if, the current security challenges were not enough. To drive this point home, a pastor friend of mine returned to New York about a week ago from his pastorial visit to Abba in Eastern Nigeria. Now, when I asked him about his experiences there, the first thing he noted, was that, as soon as he and the team landed at Murtala International Airport, they had private securty detail, with guns drawn, attached to them, until the minute they exited the country some two weeks later. When I heard that, my heart sank because I understood at a very intimate level the larger ramifications of such an environment: absence of safety and security, loss in tourism revenues, poor business development strategies and growth, inability to compete with the rest of the world and lack of basic human sanity and decency in a 21st Century economy. My main leaning is, if these basic yet essential infrastructure, such as, portable water, efficient transportation systems, reliable power supply, accountable police/security force, and a functioning democracy, were in place, the average Nigerian or African anywhere on the continent, is very intelligent, smart, hardworking, self-sacrificing, innovative and visionary to plug in the details for himself, family, business and larger community towards a better future economically and otherwise.
Comment by Madeleine Anderson on November 4, 2010 at 22:19
Please vote for the underdog in a G-20 challenge!

Equity for Africa was just selected as one of 14 winners of a G-20 competition, looking for innovative solutions for SME finance. We're one of the only Africa based initiatives. There's now a popular vote to find 3 people's choice winners. If we win, we will get to go on stage with President Obama! Plus a lot of extra exposure to possible investors who can help us scale up our work.

There are 22 hours left to vote. The other winners are all huge and established organisations with massive mailing lists, and we are the tiny newcomer. If you like what we're doing and will vote for us, I'll be really very grateful! You can vote here: http://www.changemakers.com/SME-Finance/finalists - you need to register with Changemakers to do it including clicking on a confirmation email, but not that much hassle.

Equity for Africa starts where microfinance stops, helping successful micro-entrepreneurs actually grow and create jobs. It's a hard sector to crack since the amounts are still small, and yet big enough that the entrepreneur can only afford to repay us if the business succeeds. We use an equipment/machinery leasing model to make it work, which we've proven over the last 5 years in Tanzania and now want to roll out.
Comment by monEcho on November 27, 2010 at 22:45
Hi!
I would like to know if you have more information about Entrepreneurship in Africa. I'm doing a projet and I need information for that.
If you have, could you chare it?
Thank you.
Comment by Fiona Mati on November 29, 2010 at 7:44
@monEcho, what exactly are you interested in knowing?

Entrepreneurship in Africa is so wide and can be approached from the standpoint of potential, barriers, youth, women ...

Thanks.
Comment by HANTANIONY HERIZO on December 2, 2010 at 14:16
Hello,
Please make sure about cultural and communication/ integration approach with local community.
See also, all legal view to avoid surprise after your installation on site. Others aspects and points must be check carefully with your local partner
Cheers
Comment by HANTANIONY HERIZO on December 2, 2010 at 14:23
One of the best solution for enterpreunership is create an economics structures to help young (men and women) to promote their project, as training for leadership, financial support to create enterprise,..... and to have suffiscient funds.
Thanks

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