About BiD Network

Preparing emerging market entrepreneurs for investors

Mission & Goal

BiD Network aims to increase economic development in emerging markets through the mobilization of capital and knowledge to small and medium-sized enterprises (SMEs). By offering customized matchmaking and support services to both financiers and entrepreneurs we aim to grow the number of businesses that can start, grow and expand.

Through our international network of local business centers, global business plan competitions and the use of an online entrepreneurial platform we locate businesses with a financing need of USD 10,000 to USD 500,000. BiD Network has experience in supporting entrepreneurs across multiple sectors, including clean energy, water and food & agriculture. Moreover, through 5 years of Women in Business competitions, BiD Network has built the network and the expertise to prepare women entrepreneurs from emerging markets for finance.

Our investor matchmakers, with the support of our partners and a strong and dedicated network of coaches, prepare entrepreneurs for investment so we can put together an attractive portfolio tailored to the interests of financiers in our network, consisting of business angels, SME funds, private foundations and banks. Additionally, we offer advisory services on how to set up deal flow sourcing, mentoring, investor services and business angel networks in emerging markets.


History & Results

Since the first BiD Challenge in 2004, BiD Network has developed more than 10 years of experience in organizing business plan competitions, delivering training and offering matchmaking for emerging market entrepreneurs in various countries and sectors. Our network of investors consists of more than 200 Business Angels (informal investors) and SME funds.

In November 2010, the prestigious G20 SME Finance Challenge prize was awarded to bidx. US President Barack Obama and the then HRH princess Maxima of the Netherlands, personally congratulated founder Thierry Sanders and offered their support to start the online platform for emerging market SMEs and investors. The first to invest in bidx was Putera Sampoerna, one of Indonesia’s most successful entrepreneurs. The G20 and the Nationale Postcode Loterij followed by funding the start of the organization. As a result, bidx became independent in 2014.

To further boost results, BiD Network developed a new web service: bidx.net, which became a separate entity in 2014. Bidx offers online portals to SME intermediaries such as incubators, accelerators and funds, to attract and build their own communities of SMEs, investors and mentors.

Another spin-off of BiD Network is Iungo Capital, previously BiD Invest; an asset management company that manages investment funds that provide much needed growth capital to promising SMEs in Sub-Saharan Africa. Iungo Capital will operate as an independent company, represented by Steven Lee and Roeland Donckers. Iungo Capital will enter BiD Network’s investor network of over 200 business angels and investment funds and hence remains an important partner.

Tools & Services

BiD Network offers a range of tools and services, both on and offline, to support entrepreneurs, investors, coaches and partners. Among our services are:


Sourcing of emerging market SMEs, together with local business identification partners, tailored to the interests of our investors.



10+ years of experience in business plan competitions for emerging market entrepreneurs in different countries and sectors.


Online portals

Portals for creating and managing entrepreneurial communities of SMEs, coaches and investors in different countries and sectors.


Coaching and support for entrepreneurs in emerging markets, through a network of accredited and voluntary coaches.


Finance training

Our Ready4Finance training is specifically designed to support SMEs in their startup, growth and access to finance.

Investor training

Our Ready2Invest training is specifically designed to prepare investors to finance SMEs in emerging markets.



Qualified and personalized services for matchmaking between
finance-ready emerging market entrepreneurs and investors.

Monitoring & support

Monitoring, coaching and supporting entrepreneurs by us and our
in-country partners after they have been matched to investors.