Enablis East Africa is awarded $50,000 in the ANDE Capacity Development Fund (CDF).
Montreal – Oct, 03 2013 - Enablis East Africa is proud to announce that it was awarded $50,000 by the Aspen Network of Development Entrepreneurs (ANDE) to support women-owned businesses to win government contracts in Kenya.
This funding is part of the fifth round of the ANDE Capacity Development Fund (CDF) whose winners were announced at ANDE’s annual conference, held from September 30 to October 2, 2013, in Glen Cove (USA). 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.
Enablis East Africa’s proposal was particularly in line with this CDF round emphasis targeting women's entrepreneurship and invention-based enterprises. The funding will be used to develop the capacity of women entrepreneurs on assembling tender documents and raise the financing necessary to secure government contracts.
The project will empower 300 women entrepreneurs in five counties in Kenya to bid for contracts following the Government directive that 30% of all contracts be reserved for women & youth. For sustainability, the project will support launching of 5 virtual Enablis offices in the counties in partnership with small business support units at the counties. At the end of the project, Enablis East Africa expects to lay a platform to replicate the United States Government’s Small Business Administration.
The CDF grant will also support the customization and rollout of the Global Enablis Network Information Exchange (GENIE) to help government enterprise development units manage small businesses support programs in their counties.
Mr. Fredrick Kariuki, Regional Director, Enablis East Africa notes that that societies that discriminate by gender tend to experience less rapid economic growth and poverty reduction, and that social gender disparities produce economically inefficient outcomes. Indeed research show that if African countries had closed the gender gap in schooling between 1960 and 1992 as quickly as East Asia did, this would have produced close to a doubling of per capita income growth in the region.
About the Aspen Network of Development Entrepreneurs:
The Aspen Network of Development Entrepreneurs (ANDE) is a global network of organizations that propel entrepreneurship in emerging markets. ANDE members provide critical financial, educational, and business support services to small and growing businesses (SGBs) based on the conviction that SGBs will create jobs, stimulate long-term economic growth, and produce environmental and social benefits. Ultimately, ANDE believes that SGBs can help lift countries out of poverty. ANDE is part of the Aspen Institute, an educational and policy studies organization. For more information please visit www.aspeninstitute.org/ande.
The Aspen Institute is an educational and policy studies organization based in Washington, DC. Its mission is to foster leadership based on enduring values and to provide a nonpartisan venue for dealing with critical issues. The Institute is based in Washington, DC; Aspen, Colorado; and on the Wye River on Maryland's Eastern Shore. It also has offices in New York City and an international network of partners. For more information, visit www.aspeninstitute.org.
Enablis is a Canadian non-profit organization founded in 2003 by Quebec entrepreneur Charles Sirois - Chairman of the Board of Telesystem -, Accenture and CIDA. Its mission is to reduce poverty in developing countries through job creation via small and medium-sized enterprises. Enablis identifies men and women entrepreneurs and nurtures their development through a unique mix of networking, coaching, mentoring and skills acquisitions. In addition, Enablis improves access to capital by providing loan guarantees and equity investments.
Enablis is committed to empowering entrepreneurs by broadening their available resources and helping them bring their ideas to life in conjunction with government, private sector and civil society. Active in five African countries (South Africa, Kenya, Rwanda, Ghana, and Tanzania) and in Argentina, Enablis boasts a membership of over 2,400 entrepreneurs who each employ on average eight people.