About the Fund
The ANDE Capacity Development Fund (CDF) fuels initiatives aimed at interorganizational collaboration and capacity building. The goal of the CDF is to increase the productivity and effectiveness of ANDE members, while creating tools and insights that can help the SGB sector as a whole. It was originally seeded with $1M in funding from the Lemelson Foundation, the Bill & Melinda Gates Foundation, and the Shell Foundation. These funds were disbursed in two rounds of grants in 2009 and 2010. In 2011 the CDF was replenished with $350,000 of funding from Citi Foundation and the Lemelson Foundation. This third round had an extra emphasis on proposals with the potential to alleviate human capital constraints. Results were announced in October at the 2011 ANDE Annual Conference. A detailed description of all funded proposals are described below.
Results of the Capacity Development Fund
In August 2009, the Selection Committee awarded $522,000 to fund eight proposals. (Read the October 8, 2009 press release). Fifteen ANDE member organizations were part of these grants: Agora Partnerships, the Appropriate Infrastructure Development Group (AIDG), Alitheia Capital, E+Co, Endeavor, Fundacion Bavaria, IGNIA Partners LLC, Root Change, ShoreBank, TechnoServe Inc, Universidad de los Andes, VisionSpring, World Resources Institute, and Villgro. Learn more about the round one winning proposals.
In March 2010, we made seven grants for a total of $460,000. Organizations collaborating on these grants were: African Agricultural Capital, Agora Partnerships, E+Co, the Center for Creative Leadership, Financial Alliance for Sustainable Trade (FAST), the Grassroots Business Fund, Mercy Corps, Root Capital, Root Change, the Small Enterprise Assistance Fund (SEAF), CapitalPlus Exchange, SNV Netherlands Development Organisation, and TechnoServe. Learn more about round two winning proposals.
In October 2011, the CDF Selection Committee awarded $349,000 to nine proposals with 16 ANDE member organizations contributing: Acumen Fund, B Lab/GIIRS, The Dalberg Group, Dasra, Grassroots Business Fund, Gray Ghost Capital (Village Capital), IFC, IGNIA, New Ventures Mexico, Oxfam America, Oxfam GB, Root Capital, Root Change, RTI Consulting, Technoserve Inc., Villgro, and Yo Emprendedor. Learn more about round three winning proposals.
A key ingredient of all funded proposals is the benefit the outcomes will produce for the broader sector. With funding periods of 1-2 years, projects from both rounds of funding are coming to a close. Projects can be divided into four categories:
Networking, Tools/Platforms, Research, and Training.
Title: Advancing the SGB Movement in Colombia - SGB Acceleration Program
Organizations: Universidad de los Andes, World Resources Institute, Fundacion Bavaria
Outcomes:
Title: Small Business Banking Network
Organizations: CapitalPlus Exchange
Outcomes:
Title: Taking ANDE to Latin America
Organizations: Agora Partnerships, Root Capital, Technoserve
Outcomes:
Title: Strengthening the Entrepreneurial Eco-System in Nigeria
Organizations: Alitheia Capital
Outcomes:
Title: Innovation Scouts
Organizations: Root Change
Outcomes:
Title: Corporate Governance Toolkit for SGBs in East Africa
Organizations: African Agricultural Capital and SNV Netherlands Development Organisation
Outcomes: Developed a guide for business management and governance for SGBs in East Africa - Strengthening SMEs: A Guide to Business Management and Governance for SMEs in East Africa - after sampling 111 existing companies in Kenya, Uganda, and Tanzania
Title: Capacity Building in the Financial Marketplace
Organizations: Financial Alliance for Sustainable Trade (FAST)
Outcomes:
Title: Developing a Global Mentoring Program for SGBs
Organizations: Mercy Corps, Agora Partnerships
Outcomes:
Title: SME Business Plan Competition System
Organizations: AIDG
Outcomes: In progress
RESEARCH
Title: Analysis of Investor and Donor Demand for Opportunities to Support SGBs in the Developing World
Organizations: E+Co, Endeavor, IGNIA, Mercy Corps, ShoreBank, TechnoServe, VisionSpring, Hope Global Consulting
Outcomes:
Title: Horizontal Aggregation of Capital to Global SGB Sector
Organizations: Santa Clara Social Benefit Incubator
Outcomes:
Title: Capacity Building in the SGB Sector
Organizations: E+Co, Grassroots Business Fund, Root Capital, Root Change, SEAF, SNV Netherlands Development Organization, TechnoServe, Velocitas Partners
Outcomes:
Title: Training Materials and Financial Literacy Toolkit
Organizations: TechnoServe and Root Capital
Outcomes:
Title: Leveraging ANDE to Unlock Leadership Capacity in the SGB Sector
Organizations: Center for Creative Leadership
Outcomes:
Title: Villgro Training Program
Organizations: Villgro
Outcomes:
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