A Tunisian provider of legal technology services, a Ghanaian meat-processing and sales operation and a Kenyan water management company’s organic farming initiative were among the big winners in an African business plan competition co-sponsored by the GW Center for International Business Education & Research (GW-CIBER).
Seventeen African business plans were winners in the second African Diaspora Marketplace competition. They were selected from 44 semi-finalists, and each team will receive up to $50,000 in funding for their business ventures.
The final judging took place June 22 and 23 at GW’s Marvin Center. The semi-finalists presented business plans and were interviewed by judges, including GWSB’s Vanessa Perry, associate professor of marketing and department chair; and George Solomon, associate professor of management and co-director of the Center for Entrepreneurial Excellence (CFEE).
GW-CIBER provided judging and early reviews for the first round of the competition, in which 500 applicants were narrowed to 150 who advanced to later rounds. Funding for the winning plans is provided by Western Union, the global money transfer and payment company that co-sponsors the competition, and the U.S. Agency for International Development (U.S. AID).
Posted by gwsb on July 3, 2012 | Filed under: GWSB News.