Hello from Santiago, Chile!
We are once again very glad to communicate with you, our special supporters, to report on our progress. Our continued focus is the recovery and increase of income of 373 producers and artisans from southern Chile whose livelihoods and communities were damaged by the 2010 earthquake and tsunami.
Three months ago, we announced that we were nearing the final stages of our assistance to these 373 producers. However, due to some scheduling challenges, our business development work will continue for a little longer.
Here are some of the latest developments and impacts that NESsT has had:
Social Enterprise Competition:
As our Social Enterprise Competition continues and as social enterprise ideas gain strength, NESsT is currently evaluating feasibility studies of the four remaining competitors, which will reviewed by expert members of our Business Advisory Network (BAN). As announced in our previous report, NESsT held its third and final workshop in the planning stages of the social enterprises we have been mentoring and supporting during 2012. Our business plan workshop is a two-day workshop led by NESsT´s social enterprise experts to assist civil society organizations in the development of their business plans. The work is the culmination of a year-long process, where break-even points are calculated, objectives are set and business projections are calculated. The workshop was held in Talca on November 22nd and 23rd and brought together four organizations and their social enterprise ideas:
Apiunisexta: A store specialized in providing high-quality products for beekeeping activities. It will sell a range of products, such as health items made from honey, food for bee colonies, machinery, and equipment for beekeepers in the O´Higgins Region, to support the needs of producers and increase the market for their products.
Surmaule: An educational services firm, which will offer specialized services to improve pedagogical and technical skills of teachers at all levels inside educational institutions. It seeks to improve the administration of educational institutions, as well as improve school environments and test results.
Ludovico Rutten Foundation: A business that will develop high-quality welders, providing them with skills and a certification that enables them to better perform their work and ensures the quality of their work. The social enterprise will provide this service locally at very affordable prices.
Manzana Verde: This social enterprise consists of creating a school for adults who were not able to complete their elementary or high school education. At this school, they can raise their level of general education while also pursuing a technical degree in agroecology.
Our social enterprise teams are now working to complete their business plans with NESsT´s one-on-one assistance. Three of the four remaining competitors will be awarded an invitation to join the NESsT Portfolio in March 2013, where they will receive financial and technical assistance for up to five years.
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