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RegCharles Finance and Capital Ltd partners with Global Institute for Entrepreneurship, UK

Posted By Fortune Odjugo, RegCharles Finance and Capital Ltd, Thursday, September 26, 2013
Updated: Thursday, September 26, 2013

RegCharles Foundation, the Not-for-Profit arm of RegCharles Finance and Capital Limited, has recently forged a partnership with Global Institute for Entrepreneurship to revamp the youth and women entrepreneurship and empowerment space in Nigeria.

RegCharles Finance and Capital Limited is an institution that is determined to effect change in the Nigerian economy by inculcating the entrepreneurial skill in the Nigerian youth and the entrepreneurial minded women for a ripple effect. Joining forces with institutions with similar values, ideologies and objectives to effect positive change is the mission of the institution, thus the establishment of RegCharles Foundation is a notation of its commitment to this end. 

RegCharles Foundation is a non-profit entity based in Lagos, Nigeria, deeply involved in Social and Impact Investing in entrepreneurial-minded youth, between the ages of 14 - 40 and women, of all ages in Nigeria. The Foundation’s objectives encompass capacity development, philanthropy, social impact investing and providing technical assistance to international organizations interested in deploying their resources to promote social and economic development in Nigeria.  

The aim of the Global Institute for Entrepreneurship (GIE), a UK registered charity located in London, is to expand the spirit of entrepreneurship across diverse communities by providing mechanisms to address inequality and exclusion of groups that face discrimination and disadvantage  hindering economic growth.

GIE believes that entrepreneurship as a tool for social engagement can achieve shared social and economic goals for the regeneration and social wellbeing of individuals and communities. Demonstrated through their programmes and pilot initiatives, GIE hasproven that  strengthening the spirit of entrepreneurship can achieve collective social goals, for the enhancement, and betterment of stronger communities and future generations. GIE is an organization that invests time, resources and funds to grow and support communities and is very keen on working within West Africa and the Caribbean to enhance Entrepreneurship opportunities, hence the partnership with the Nigeria-based RegCharles Foundation, to promote the advancement of entrepreneurship education, capacity building and support new businesses in marginalized and vulnerable societies.

The partnership is expected to provide a platform for the target populations in marginalized societies to launch their business dreams, as well as influence their personal transformation via one-on-one sessions, trainings, conferences, seminars and workshops. Capacity development programmes provided to SMEs in Nigeria will cover; Business Planning, Entrepreneurship, Financial Literacy, Credit Management, Leadership in Business, Micro insurance and Technology Integration. Small and growing businesses will be provided with the relevant business incubation and support to propel them into becoming more sustainable businesses and contributing to national development through poverty alleviation and reduction in the unemployment rate.  

Ms Diana Powell, the CEO of GIE expressed her excitement at the partnership between both organization and both countries. In her words "Partnering with RegCharles Foundation on Entrepreneurship projects in Nigeria will be a giant leap in the right direction regarding entrepreneurship in Nigeria. Inclusive entrepreneurship is about a set of attitudes, competences and skills which allow people to turn their dreams into enterprises. We refer to ‘inclusive’ entrepreneurship because we believe in entrepreneurship for all and that the personal qualities and conditions required for entrepreneurship are not the right of a privileged, highly educated few. Indeed millions of people across the globe make complex decisions, manage risk, find new innovative solutions, and collaborate with others just to survive in their daily lives. However, the obstacles and risk they face when trying to make the leap from survival to long-term sustainability are proportionally far greater than those involved in launching a new company on the stock exchange. We will aim to engage key stakeholders in both Nigeria and the UK, including the High Commissioners to lend their support to this partnership in carrying our projects in the Youth and Female Entrepreneurship space in Nigeria".

The Business Council for Africa (UK) is also excited at being instrumental to the formation of this partnership and the organization expects the greatest benefit possible to both countries as a result of this partnership.  Peter Damian Mbama, the Founder, RegCharles Foundation has pinpointed that the foundation is ready to hit the ground running, as there are a number of projects in the pipeline to be carried out in Nigeria. "The RegCharles Foundation has a focus on revolutionizing entrepreneurship in Nigeria.

We are going beyond paying lip service to this cause and actually taking the bull by the horn. Our aim is to build a new breed of entrepreneurs in Nigeria, taking away the mindset of paid employment right from teenage. It is in this light that we have embarked on the GEN-Y Entrepreneurship Project in partnership with the Lagos State Education District 3, to teach entrepreneurship education and personal finance management to students in this district. The goal of this project is to embed the spirit of entrepreneurship in young Nigerians and encourage them to start out as businessmen early in life and emulate young entrepreneurs who had well-established businesses before 30, just like Mark Zukerberg, and Dustin Mokovitz of Facebook, David Schottenstein of Ashton & Black, Tunde Kehinde of Jumia.com, etc.

We have reached a point in Nigeria where young Nigerians can begin to impact their communities by building sustainable businesses armed with the right knowledge and skill set. This can be made possible by guiding them in the right direction and providing them, with the right frame of mind to reclaim Nigeria. We also are driven by the statement, "empower a woman, empower a nation”, thus encouraging female entrepreneurship in Nigeria, especially in the marginalized areas of Nigeria.

We will provide these groups of women with access to better means of livelihood and ultimately provide a better quality of life for them and their families. I believe we are charting the right course in the right direction and this is the initiative needed for economic growth and social development in Nigeria”.

www.rfcng.com

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MovingWorlds is live!

Posted By Stella Hanly, Aspen Institute, Tuesday, September 24, 2013

MovingWorlds helps social enterprises and Startups worldwide connect with professionals who want to donate their time ('experteers') to projects, providing real value to overcome any business challenge. 

They invite you to learn more and list any challenge for free - click here to request an invitation, create a profile, and tell them what support your organization needs. After registration, you can browse and request introductions to qualified professionals who want to donate their expertise to your cause (ranging from a consultant, coder, or cook..) You can also join if you (or a friend) are interested to travel and go 'experteering' yourself - leave your email and they'll be sending out first invitations soon!

To learn more, you can also check their latest blog-post, read testimonials, or visit their Facebook page.

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ANDE welcomes new member Re-Action!

Posted By Stella Hanly, Aspen Institute, Thursday, September 19, 2013

ANDE welcomes new member Re-Action! 

Re-Action! is an innovative social  purpose enterprise founded in 2004, with offices in South Africa. Re-Action! manages complex development programmes; delivers human-scale development interventions and facilitates social entrepreneurship. We have a reputation for being innovative, creating shared value through partnerships and for being highly results-driven. We work internationally, regionally and 'on the ground' through strong collaborations with the public sector, private sector, civil society and research organisations.  

Our Philosophy Our involvement with the environment is based on the guidelines of Human Scale Development of Manfred Max-Neef, who recognises people as all having specific human needs.  In making sense of these human needs, we consider the environment as a basis for true sustainable development.  Our passion to meet such needs leads to evolving interventions and systems that apply human-scale technologies.  The understanding, which develops in parallel, leads to greater well-being of the human being with ecological sustainability. To provide collaborative platforms for the public, private and third sector to scale up their responses to health system strengthening and social transformation within communities.

  • To help building competent and effective systems in order to respond to health needs by forming accountable public-private partnerships.
  • To build capacity to facilitate sustainable communities and to enable access to health services and development at a human scale level.
  • To provide social business support to non-commercial initiatives to enable community and individual ‘self-efficacy’.
  • To contribute to international health-related debates, advocacy and policy making by providing evidence-based findings.  

The company’s scope of work organically expanded with international best practices and practical on-the-ground innovation to incorporate holistic workplace wellness programmes; health system strengthening through public private partnerships; local community development and regional development programmes.  It is through this work that Re-Action! Consulting realised and recognised the enormously important role that the private sector, and specifically the SGB sector, plays in addressing Africa's most pressing social issues on a sustainable basis. Re-Action! hopes to leverage off the network and experience of ANDE and its members to further catalyse SGB's within the region through its existing portfolio of work and programmes, including the Africa Medicines Impact Investment Fund, and to integrate the SGB sector into future programme design to achieve sustainable development impact.

 

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ANDE welcomes new member the Business Call to Action (BCtA)

Posted By Stella Hanly, Aspen Institute, Tuesday, September 17, 2013

ANDE welcomes new member the Business Call to Action (BCtA)!

 Launched in 2008, the Business Call to Action (BCtA) aims to accelerate progress towards the Millennium Development Goals (MDGs) by challenging companies to develop inclusive business models that offer the potential for both commercial success and development impact.

The BCtA global leadership platform is supported by the Australian Agency for International Development, the Dutch Ministry of Foreign Affairs, the Swedish International Development Cooperation Agency, the UK Department for International Development, the US Agency for International Development, the United Nations Development Programme, the United Nations Global Compact, the Clinton Global Initiative and the International Business Leaders Forum.

Worldwide, 73 companies have responded to the BCtA by making commitments to improve the lives and livelihoods of millions through commercially-viable business ventures that engage low-income people as consumers, producers, suppliers, and distributors of goods and services. Participating companies benefit from the BCtA’s ability to provide:   

A global leadership platform and opportunities to share expertise, knowledge, and best practices for market-based approaches to development;    Initiative development advice and assistance; and    Linkages with companies, donors, and other key stakeholders.

BCtA member initiatives include pledges to provide access to financial services for more than 57 million people, promote improved health outcomes for 50 million people, and enhance access to energy for 89 million low-income households.

Tags:  ANDE Members 

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ANDE welcomes new member HSBC Mexico!

Posted By Stella Hanly, Aspen Institute, Monday, September 16, 2013

ANDE welcomes new member HSBC Mexico

Being the sustainable bank in Mexico is a lot more than a declaration: it involves a strong compromise with our groups of interests, working on actions in favor of education, community and the environment. We know that the initiatives we work on today will be reflected in a better future for next generations.

There are, without doubt, many problems that storm our country, but in HSBC we are convinced that only from concentrated and punctual actions can we achieve sustainable answers. This is why we keep in a constant dialogue with our stakeholders such as clients, civil society organizations, investors and personnel among others, to know their needs and expectations, and therefore design focused programs.    

In HSBC we are committed to the communities in which we work with, and we will continue to invest talent and resources to build a better present and future for all of us.

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ANDE welcomes new member Fonkoze!

Posted By Stella Hanly, Aspen Institute, Thursday, September 12, 2013

 ANDE welcomes new member Fonkoze!

Four months after the January 2010 earthquake, Fonkoze partnered with the Worldwide Vincentian Family, DePaul University and the Haitian Hometown Associations Resource Group, to set-up Zafen ("it is our business’), an innovative platform to support SGB’s and viable community projects in Haiti.  

Through the Zafen program (www.zafen.org), Fonkoze provides interest free loans (and in the near future, soft loans) to SMEs, and strategic subsidies to viable community projects. The program is different from Fonkoze’s other loan products because it uses an online "crowd funding” platform, similar to Kiva, to raise capital for businesses and community social projects that are rigorously vetted and accompanied by a team of Fonkoze-managed Business Analysts in Haiti. To be posted on the Zafèn website, businesses and projects must fulfill strict criteria, which include potential for job creation, poverty alleviation, demonstration of value added for the community, and possibility for replication. Through Zafèn, businesses gain access to essential capital and support, while building a credit history and having a positive long-lasting impact on the economic and social well-being of their families and their communities. 

The Zafèn program also provides cash vouchers and mentors to enterprises that are not yet credit‐worthy but show potential, so they may acquire technical assistance from Zafèn‐certified Haitian business development service (BDS) providers. This network of BDS providers supports Zafèn approved enterprises to obtain legal registration, develop a business and/or marketing plan, improve production processes, assess feasibility of expansion projects, improve quality control procedures, and provide many other services aimed at growing the enterprises.

To date, Zafèn has received over 100,000 visitors to its website and funded over 300 SMEs as well as 23 educational and social projects throughout Haiti, totaling over 1.7 million USD in capital disbursed. Technical assistance and training have been provided to over 200 businesses over the course of the past two years and 667 jobs (both full time and part time jobs) have been created by those SMEs. This has been realized with support from a variety of donors and partners, including the Kellogg Foundation, Save The Children, the UNDP and the Interamerican Development Bank.   With an estimated 30% of Zafèn lenders coming from the Haitian Diaspora, the program has also proven to be an attractive and useful mechanism for Diaspora to channel their investments to create a sustainable impact for Haitian communities.

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ANDE welcomes new members Aliança Empreendedora and Verb, Inc!

Posted By Stella Hanly, Aspen Institute, Tuesday, September 10, 2013

ANDE welcomes new members Aliança Empreendedora and Verb, Inc!

Aliança Empreendedora is a social organization that supports companies, NGO’s, and governments nation-wide to design, test and implement inclusive business models and projects that stimulate and support entrepreneurship for low-income communities. Through these efforts, new business, work and income generating opportunities are created, further developing and  improving the social and economic landscape. Aliança has already supported more than 15.000 micro entrepreneurs all over Brasil, in partnership with a network of 31 NGOs, and more than 30 companies, like Natura, DANONE, Santander Bank, Camargo Correa Institute, Walmart Institute, among others. For its work, Aliança was been national and international recognized by organizations like Ashoka, AVINA, UBS, Clinton Global Initiative, World Economic Forum, YBI and others.

Verb Inc is a global community of more than 25,000 young social innovators working to solve the planet’s most wicked problems.   We run competitions but we’re not about the winner. Instead, we spark and empower as many quality teams as possible through entrepreneurship education as well as valuable resources, such as mentoring and seed funding. To date we have invested more than $795,000 and activated more than 7,000 social enterprise projects worldwide.   We connect global companies to an army of talent.   Our corporate partners engage directly with our young innovators as mentors, judges and also with internship and job opportunities. Our participants are proven leaders and entrepreneurs.

Tags:  ANDE Members 

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ANDE welcomes new member AngloAmerican

Posted By Stella Hanly, Aspen Institute, Monday, September 9, 2013

ANDE is pleased to welcome new member AngloAmerican!

Anglo American is one of the world’s largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Our portfolio of mining businesses meets our customers’ changing needs and spans bulk commodities – iron ore and manganese, metallurgical coal and thermal coal; base metals and minerals – copper, nickel, niobium and phosphates; and precious metals and minerals – in which we are a global leader in both platinum and diamonds.

At Anglo American, our Good Citizenship business principles guide decisions and actions. Wherever we are in the world, we adhere to consistently high standards of business integrity and ethics.Balancing investor returns with community well-being

As a good corporate citizen, we respect the dignity and human rights of individuals and communities everywhere we operate. We strive to make a lasting contribution to the well-being of these communities while generating strong investor returns.Indeed, our long-term success depends on taking into account the needs of all stakeholders.Being a good employer and stewardA good corporate citizen is, by definition, a good employer. We universally support fair labour practices and promote workplace safety and equality in our operations.We also recognise the need for careful environmental stewardship. We actively seek to minimise the impact of our operations and provide a positive legacy for generations to come.

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Ande welcomes new member the Center for International Private Enterprise (CIPE)

Posted By Stella Hanly, Aspen Institute, Friday, September 6, 2013


ANDE is delighted to welcome new member - Center for International Private Enterprise (CIPE)!

CIPE is a non-profit organization founded in 1983 as an affiliate of the U.S. Chamber of Commerce.  CIPE is one of the four institutes of the National Endowment for Democracy.  CIPE’s mission is to strengthen democracy around the world through private enterprise and market-oriented reform.  CIPE currently works in 51 countries with over 100 partners on projects ranging from youth entrepreneurship to democratic governance to property rights.  CIPE has specific entrepreneurship programs in Afghanistan, Peru and Nepal and is an active participant in Global Entrepreneurship Week. 

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ANDE at MITA Tech Talks

Posted By Katia Dumont, Aspen Institute, Wednesday, September 4, 2013
We would like to invite all of our members, to the MITA Tech Talks taking place in Punta Mita, Mexico. The Tech talks unites decision-makers from companies, tech industry veterans, venture capitalists, entrepreneurs,  policy makers and universities in leading innovation and technology in U.S.A,  Mexico & Latin America.  We are offering the Early Bird Special for ANDE members to attend this great event on November 18th - 22nd 2013. If you would like more information contact me at: katia.dumont@aspeninst.org

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