Impact Capital Activities during Amsterdam Capital Week

BiD Network, Crosswise Works, dutch, THNK, and Impact Hub Amsterdam will organize the following activities with a clear focus on impact entrepreneurship and impact investing. These events will fall under the Impact Capital track of the first Amsterdam Capital Week.   Impact Capital Activities BiD Network Drinks Thursday, September 24, 17:00 – 20:00 Network drink with impact investors and East African startups Join us and network with fellow investors, partners and changemakers at the BiD Network drinks. Learn about some of the most promising investment ready entrepreneurs from Uganda, Rwanda and Kenya, and meet Nairobi’s rising startups & hubs in tech, mobile and impact innovation. Apply here   Impact Investor Innovation Lab Friday, September 25, 9:00 – 12:00 Learn how & why Impact Investing is globally on the verge. Why is Impact Investment globally on the verge and about to set a solid foot on the ground in the Netherlands? Meet fellow investors, impact investors from the Impact Hub network and entrepreneurs to find out where your opportunities arise. We showcase you success stories told by both the entrepreneur and investor. We challenge you to meet promising startups and impact investors. We invite you to innovate and to take your first steps into the future of investment. Apply here   Kenya on the Rise Friday, September 25, 14:00 – 17:00 Discover the impact startup ecosystem of Nairobi Interested in the latest development of Nairobi’s startups & hubs in tech, mobile and impact innovation? Check out these Kenyan rising stars, listen to their pitches, and learn how you can invest and accelerate impact. The Impact Expedition Nairobi-Amsterdam brings you Sam...

From ambitious start-up to the leading mobile provider in Liberia, the journey to success of Lonestar Cell MTN

Information and Communication Technologies (ICT) are key in the development of all economies. Liberia however has demonstrated the ICT sector has been as equally important to its recovery. Lonestar Cell MTN has been at the forefront of technological advancement in Liberia. They were the first company to introduce mobile money management services via mobile phone and they were instrumental in securing access to the fiber optic cable revolutionizing internet usage in Africa. In an insightful interview with Marlene Smith, Manager of the Lonestar Cell MTN, Foundation BiD Network looks at what has been achieved with the sector and the upcoming challenges in the West African country. Lonestar Cell MTN rose from an ambitious start-up to the leading mobile provider in Liberia, tell us about this great journey, how did you find the resources to grow? Lonestar Cell MTN grew through dedicated effort, hard work and strategic use of resources. To state that resources were limited is to state the obvious; to speak of multiple constraints and challenges is to bemoan the given. In those early days, financial, material and human resources were at a premium; every asset had to be maximized. So for example, a technical manager responsible for site roll-out, might also fill dual or even multiple roles, across business areas or functions. I remember speaking to one of the first employees early in my own tenure; and he told me about receiving a quick implementation mandate from his boss, who had received the same from his boss. As he told the story I thought, “Wow, the big boss passed it to my boss, who passed it to me, and now I need...

The ICT Challenge 2013: Accelerating Entrepreneurship & Innovation through ICT

Amsterdam, February 18 2013 – The ICT Challenge 2013, supports ICT entrepreneurship in five emerging markets: Burundi, Liberia, Rwanda, Kosovo, and Palestine. This business plan competition – organized by BiD Network, in collaboration with Investment Partners; eVentures Africa Fund, SEAF, and the Palestinian Investment Fund (PIF), and Coaching Partner; Ernst & Young and Event Partner; TNO – aims to identify high potential business ideas, provide international exposure and finance. Information and communication technologies (ICT) draw societies and cultures together; strengthening economies, enterprises and communities around the world. The impact of ICT is magnified in emerging markets as it contributes to the development of education, health, markets, social capital and trust. Yet the industry still requires incubation in order to flourish, with 25% of the world’s population still unconnected from the benefits of such technologies. [*1] The ICT Challenge 2013 provides entrepreneurs with the assistance of the BiD Network coaching program, the access to a network of like-minded entrepreneurs, coaches and investors, and the opportunity to present their business plan to committed ready-to-invest financiers. ‘African SMEs are rapidly developing localized applications, content, platforms and solutions enabling over a billion Africans to use the web for communication, business, e-learning, and transactions. eVA Fund aims to capture the vast potential of digital media in Sub-Saharan Africa. We are delighted to partner BiD Network, who have proven effective at identifying potential investment opportunities, and training entrepreneurs to a matchmaking level’ says Vincent Kouwenhoven, founder eVentures Africa Fund. The ICT Challenge seeks businesses: • operating in one of the five following countries: Burundi, Rwanda, Liberia, Kosovo, or Palestine, • ICT focused, • growth  potential and a finance need of USD $10,000 to $1...