Entrepreneurship and Acceleration Questions from the Field - Feb 2015
In this brief, we use data from the Entrepreneurship Acceleration Research Initiative in order to respond a question submitted by Steve Cumming of the MasterCard Foundation about Youth Entrepreneurship in Africa
"At The MasterCard Foundation, we have a portfolio of youth entrepreneurship projects that we support in Sub Saharan Africa. We’re always looking for data to better understand the space and to inform our programming. I’m wondering if you could share any data by ages 18-24 and 25-30, and by African country or region if possible. Do you see anything interesting under these parameters?"
What social entrepreneurs need to achieve scale
ANDE’s Executive Director Randall Kempner was interviewed at the Clinton Global Initiative 10thAnnual Meeting by Devex and discusses what social entrepreneurs need to achieve scale.
What Enabling Environment is Needed to Encourage Innovation from the Local Private Sector?
ANDE’s Executive Director Randall Kempner was featured in Abt Associates' Bold Thinkers Series -- Collaboration Post-2015: Where Can Partnerships Take Development?
ANDE launches new report on Invention-based entrepreneurship
Entrepreneurs who are developing and commercializing new technology based physical products that serve the needs of the BOP face a variety of unique challenges, and the ecosystem has struggled to support them in overcoming these challenges. This report focuses on what differentiates an invention-based entrepreneur from traditional entrepreneurs and highlights what support invention-based entrepreneurs require, what resources are available, what ecosystem level gaps remain, a nd what tangible actions can be taken to fill these gaps. It is based primarily on a series of roundtable discussions supported by the Lemelson Foundation held in Brazil, India, Kenya, and South Africa.To read the full report please click here.
The Aspen Network of Development Entrepreneurs (ANDE) and the Argidius Foundation—a charitable foundation promoting businesses as a way to mitigate poverty—have announced an award of one million euros ($1.27 million) to Investisseurs & Partenaires (I&P), an impact investment group dedicated to African small and growing businesses. The award was part of the first Argidius-ANDE Finance Challenge (AAFC).Sponsored by the Argidius Foundation and launched in spring 2012, the AAFC called for innovative solutions to help fill the financing gap for emerging market start-ups. I&P was selected from among five pilot projects. Each project, focusing on at least one of the following target countries—Burkina Faso, Guatemala, Honduras, Mali, Moldova or Nicaragua—was awarded a grant of 200,000 euros to conduct an extensive pilot program, during which ANDE provided ongoing guidance.A grand prize of one million euros is now being awarded to I&P for demonstrating the potential to achieve the greatest impact through both replication and scale.
Capacity Development Fund (CDF): 2014 Winners Announced
The Aspen Network of Development Entrepreneurs (ANDE) announced the winners of the sixth round of the ANDE Capacity Development Fund (CDF). Commenced in 2009, the fund seeks to increase the productivity and effectiveness of ANDE members, while creating tools and insights that can help the small and growing business (SGB) sector as a whole. This round awarded four grants totaling $200,000, with each winner receiving $50,000. Total funds awarded over the past six years now reach $2.3 million. Support for this year’s fund was provided by The Lemelson Foundation and Goldman Sachs 10,000 Women Initiative. Proposed solutions were evaluated for their clarity; feasibility and internal capacity; and impact on small and growing businesses. This CDF round put additional emphasis on funding proposals targeting invention-based enterprises and women's entrepreneurship. For more information, please click here
State of the SGB Sector: Impact Report 2013 (June 28, 2014)
This report highlights the state of the SGB sector and also ANDE's vision for our future. You may notice differences from previous years' publications. This year, we have designed a report that we hope will be a reference for organizations who already are involved in the sector. Rather than making the case for SGBs, this report focuses on the progress and challenges that we have seen over the past five years. We draw on data provided by ANDE members and others over the past year to understand sector trends. We also leverage ANDE's proprietary research and the work of our member-led working groups and regional chapters to highlight important issues and milestones. The member initiatives that we describe represent just a small fraction of the exciting developments among ANDE members. Read the full report.
The State of Measurement Practice in the SGB Sector
This report reviews the current state of measurement in two types of organizations that directly support SGBs – impact investors and capacity development providers. Using a mixed-methods approach, we collected data and interviewed over 30 organizations across these two categories, and analyzed key trends in measurement practice. Read the full report.
On April 8th 2014, ANDE celebrated its fifth anniversary! Since 2009, ANDE has grown from 34 to over 200 inspiring members.
Let's look back at five years of ANDE in numbers:
- More than 1200 individuals participating in working groups on topics such as Women's Entrepreneurship, Sustainable Agriculture and Metrics & Research
- $2.1 million granted to 39 projects through ANDE's Capacity Development Fund
- Over $250,000 in scholarships to attend ANDE events
- 2000+ individuals have participated in ANDE events all over the world
- 6 Regional Chapters have been established in Brazil, Central American & Mexico, East Africa, India, South Africa, West Africa and our newly forming East and Southeast Asia Chapter (2014)!
We did this all with the strong belief that the work our members do to support small and growing businesses (SGBs) will help create prosperity in the developing world.
ANDE published in "Innovations" by MIT Press
The Aspen Network of Development Entrepreneurs (ANDE) believes there is a pressing need for a more holistic, evidence-based approach to leveraging the potential of incubators and accelerators and to understanding what makes them successful. These articles published in "innovations" by MIT Press, highlights the state of research on incubators and accelerators and outlines what further research is required.
For more information, please click here
Entrepreneurial Ecosystem Diagnostic Toolkit
This toolkit has been developed by the Aspen Network of Development Entrepreneurs (ANDE), with the support of the UK Department for International Development (DFID). It provides methodological guidance on assessing the current state of entrepreneurial ecosystems and offers a set of resources and tools that can be used by development practitioners. This toolkit does not aim to be exhaustive, but is intended to serve as a basis for other organizations to build upon. ANDE encourages practitioners to use this toolkit as a resource guide that can be adapted and modified to fit the local and/sectoral context. For more information, please click here.
ANDE featured in the Stanford Social Innovation Review (SSIR)
Stanford Social Innovation Review (SSIR) published an article about ANDE entitled "Filling Out the Middle." According to SSIR, ANDE is on an "impressive trajectory" and "owes much of its success to its core strategy." To read the full article about how ANDE is targeting the "missing middle" please click here.
Bridging the "Pioneer Gap": The Role of Accelerators in Launching High-Impact Enterprises (June 2013)
The Aspen Network of Development Entrepreneurs (ANDE) and Village Capital are pleased to launch a new report, 'Bridging the "Pioneer Gap": The Role of Accelerators in Launching High-Impact Enterprises', a quantitative analysis of 52 social impact-focused incubators and accelerators, operating around the world.
To download the report, click here.