After a visit to Rwanda in May by 3 Bpeace volunteers, we are pleased to announce that the Rwandan semi-finalists have completed their business plans. Bpeace advocates are still working closely with the finalists and Bpeace is committed to advising them through the end of 2010.
Over 150 donors supported the Race to Innovation Rwandan finalists, not only providing financial support directly to Herve, Emmanuel and Sarah, but also giving them tremendous exposure and the encouragement to take their businesses even further.
Congratulations to all the finalists and thank you to our voters for your support!
Emmanuel has officially registered with the Rwanda Development Board, which recognized his Cow Max as No.1 out of 25 projects selected as potential for investment at the recent Commonwealth Investment Forum.
Like many start-ups, access to funding is a big challenge, especially in Rwanda where few institutions are willing to fund start-ups. To overcome this hurdle, Emmanuel will make his first clinic operational prior to applying for financing.
To ensure success, Emmanuel is meeting with potential funders, Kigali’s top dairy farmers, and top local veterinarians. Many veterinarians have kindly agreed to work as free consultants at the first clinic.
Emmanuel has also focused on marketing. CowMax now has an official logo, business cards, letterhead, and its own url: www.cowmax.com. Help is needed next to fully design and execute a quality website.
Last month, Bpeace Board Member Sabra Richardson met with Emmanuel while she was in Rwanda. She reports: “Emmanuel’s energy and positioning of his company with the overall agricultural development plan of Rwanda can only enhance his success.”
Emmanuel says: “The money raised by your vote will help me start my first CowMax Center.”
Emmanuel will receive 100% of the funds raised on his behalf. Bpeace will disburse the funds in conjunction with the ongoing technical assistance we are providing as we guide him through his business expansion process.
Your vote for Emmanuel will join with hundreds of others to place much needed capital in the hands of this inspiring Rwandan entrepreneur. Emmanuel has a vision to help his community by creating jobs and a bridge to better education, improved health, and less violence in the homes and on the streets.
HOW BPEACE SELECTED EMMANUEL
Bpeace's Race to Innovation encourages entrepreneurs with bold ideas in conflict-affected countries by providing them with technical assistance from Bpeace experts and seed capital from donors like you.
Emmanuel was selected from more than 250 applicants. Bpeace personally interviewed him, and he has been working with a team of U.S. volunteer advisors since December 2009.
Bpeace believes the path to peace is lined with jobs. We work with entrepreneurs in conflict-affected countries to scale their businesses, create significant employment and expand the economic power of women. More jobs mean less violence.®
In the wake of conflict, Bpeace helps entrepreneurs run quicker and bolder. We assist entrepreneurs who share a common vision with us—that employment for women and men is the bridge to education, poverty reduction, improved health, and ultimately less violence; and that jobs for women are vital to women’s advancement and to elevating their peaceful influence on society.
Bpeace is a non-profit organization of business people. We volunteer our expertise, technical assistance, networks and proven methodologies to help Fast Runners expand their businesses, increase profitability, create new employment, retain and attract customers, and access markets and capital. Bpeace tailors a two to three year investment in each entrepreneur—a mix of consulting, training, mentoring, out-of-country apprenticeships and business site visits, employee technical training, equipment, technology, branding and marketing, and networking opportunities.
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Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
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