Hello from Santiago, Chile!
Thanks to you, our Levantando Chile Fund supporters, NESsT wrapped up 2012 on a high note and began 2013 with continued progress towards our goal to continue supporting 373 producers and artisans from southern Chile who were severely affected by the 2010 earthquake and tsunami.
Here are some of the latest developments and impact:
Social Enterprise Competition:
Our Social Enterprise Competition in the regions affected by the earthquake continues at a strong pace. Participants are now in the final stage of the planning phase of the competition: business plan.
The four organizations that remain in the competition have submitted their business plans, which have been reviewed by NESsT’s business development professionals. .. The business plans are now being reviewed by members of our Business Advisory Network (BAN) and other volunteers with strong experience and knowledge about business development. The four remaining participants of the competition include:
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: Surmaule developed a new social enterprise idea to provide its services to government institutions, NGOs and any interested persons about the practice and methodology behind community development initiatives. 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 agro-ecology.
In April, NESsT will announce the Social Enterprise Competition winners who will be receiving venture grants and will enter the NESsT Portfolio for up to 5 years to continue receiving support from NESsT to grow their enterprises and increase their impact.
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