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Annual Conference 2014 Recap

2014 ANDE Annual Conference
September 29 - October 1, 2014
Glen Cove, NY

 In 2014, over 220 participants from 154 organizations and 31 countries gathered at the ANDE Annual Conference to discuss pressing issues of the SGB space.

Below are some highlights from the conference as well as a file library of presentations and notes from the various panels and breakout sessions.  Please keep checking back, as we will update this file library as we receive additional notes from conference participants.

 
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The Aspen Network of Development Entrepreneurs (ANDE) and the Argidius Foundation—a charitable foundation promoting businesses as a way to mitigate poverty—have selected a finalist from among five pilot projects as 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. Five pilot projects, focusing on at least one of the following target countries—Burkina Faso, Guatemala, Honduras, Mali, Moldova or Nicaragua—were each awarded grants of 200,000 euros (260,000 USD) to conduct extensive pilot programs, during which ANDE provided ongoing guidance.
 
A grand prize of one million euros is now being awarded to Investisseurs & Partenaires (I&P), an impact investment group dedicated to African small and growing businesses (SGBs), for demonstrating the potential to achieve the greatest impact through both replication and scale. For more information, please click here.

 

 
 
ANDE, with the support of the Lemelson Foundation and Goldman Sachs 10,000 Women, announced the winners of its 6th annual Capacity Development Fund. This round awarded four grants totaling $200,000. Total funds disbursed over the past six years now reaches $2.3 million. The 2014 winners are: ​NESsT and GSBI; IDEO.org; Intellecap; African Management Initiative. ​For more details on the winning proposals, please click here.
 
USAID announced three public-private partnerships to bridge the Pioneer Gap through the Partnering to Accelerate Entrepreneurship (PACE) Initiative. Together with Shujog ACTS, Catalyst for Growth, and Open Capital Advisors, USAID is testing innovations that catalyze private investment towards early-stage enterprises and foster financially sustainable enterprise incubation in developing countries. These three partnerships join the Initiative with Shell Foundation, Unitus Seed Fund, and Village Capital, who were announced earlier this month at Social Capital Markets (SOCAP) Conference. Combined, these six public private partnerships of the PACE Initiative have attracted over 47 million dollars in private capital with a USAID investment of 8.7 million. To learn more, please click here.
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, and 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 G7's International Development Working Group officially launched their report "Private Capital for Social Outcomes: Identifying More Opportunities for Impact Investment in International Development" Today at the ANDE Annual Conference.  To read the full report please click here.
Membership Appreciation Award
ANDE recognized Abby Sarmac, Program Officer at The Lemelson Foundation, for her hard work and dedication to the ANDE network. 
ANDE Member Report Rundown
ANDE members followed in the footsteps of the entrepreneurs they support and gave 60 second pitches of current reports they’ve launched. Read more below on recent research by ANDE members:
 
Keynote Disscussion
During the evening keynote, Cathy Clark sat down with Anne Field of Forbes to speak about her upcoming book The Impact Investor: Lessons in Leadership and Strategy for Collaborative Capitalism. After interviewing investors around the world, she shared her experiences with the ANDE network. Favorite quote from the evening: "The misfits will save the planet.

2014 ANDE Annual Conference Notes

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