Incubators and accelerators are meant to provide technical assistance to businesses on the cusp of growth. Many incubators have launched successful companies, but do developing world entrepreneurs may have a different set of needs. We need more data to find out what types of programs and which elements create the greatest impact. Adva Saldinger provides an overview of the GALI project in the context of global development and highlights insights from the GALI partners.
What good is a business plan if you can't get the financing to implement it? Genevieve Edens asks this question as she explores how creative collaborations are deploying the capital that promising social enterprises need.
Jackson writes about the Global Accelerator Learning Initiative (GALI) launch at the Global Entrepreneurship Summit in Nairobi that took place at the end of July. He describes the goals of the new US$2.3 million partnership with the U.S. Global Development Lab at USAID, Omidyar Network, the Lemelson Foundation, and the Argidius Foundation, which include understanding the efficacy of accelerator programs.
The first Rwandan Impact Hub opened in Kigali August 3rd. At a launch event, ANDE Executive Director Randall Kempner gave the keynote address, during which he discussed the importance of collaboration in driving social change.
In this article, Sue-Lynn Moses discusses the Global Accelerator Learning Initiative (GALI), a new partnership that seeks to address whether accelerators really work, what kinds of programs are most successful, and learning more about the entrepreneurs who participate in these types of programs.
Startup accelerator programs are running rampant around the world, but it remains unclear how effective they are, especially in emerging markets. Anne Field writes about the new $2.3 million three-year partnership that ANDE and Emory University, supported by the U.S. Global Development Lab at USAID, Omidyar Network, The Lemelson Foundation, and the Argidius Foundation, that will explore the impact and effectiveness of accelerators.
"Hundreds of these support programs for entrepreneurs have emerged over the past few years, and little is known about what’s working and what isn’t,” adds Sean Peters, who leads the Impact of Entrepreneurship Database at the Goizueta Business School, to this launch announcement for the Global Accelerator Learning Initiative (GALI).
In this interview, Yvette Torres-Rahman and Genevieve Edens discuss how SGBs are making a dent in global poverty.
Having qualified management teams is essential to receiving capital that can grow a business. But assembling highly qualified leadership teams is not easy. In the State of the Sector report, we cite talent development as one of the major obstacles holding entrepreneurs in emerging markets back. ANDE Executive Director, Randall Kempner, explores this issue more in the Financial Times.
International donors are turning to the private sector to achieve development goals, but as discussed in the State of the Sector report, a disproportionately small amount of funding goes to support small and medium enterprises and entrepreneurship. Yet returns on small and growing businesses have some of the greatest potential to benefit whole communities. Randall Kempner and Kate McElligott discuss this further in the Stanford Social Innovation Review.