What solution(s) does your initiative address to help emerging entrepreneurs and small businesses grow and thrive in underserved communities? (select all applicable)
Access to talent, Access to supply chains, Access to economic opportunity.
What has been the impact of your solution to date?
We have directed over 1 billion dollars of contracts to local businesses, helped small businesses create 65,500 full-time equivalent jobs, and distributed over 9,000 business opportunities to a network of over 15,000 entrepreneurs
What is your projected impact over the next 1-3 years?
By 2015, globally, we hope to have launched our 8th marketplace initiative, extend our network to 30,000 entrepreneurs and help small enterprises win over $2 billion in new business in post-conflict and fragile states.
What barriers might hinder the success of your project? How do you plan to overcome them?
There are many barriers that prevent small businesses from access opportunities. Our suite of services is designed to address these. They include lack of knowledge about how to access tenders, limited understanding of procurement processes and lack of connectivity.
Winning entries present a strong plan for how they will achieve and track growth. Identify your six-month milestone for growing your impact
Now think bigger! Identify your 12-month impact milestone