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Haiti - Economy : 4 Haitian entrepreneurs at Global Entrepreneurship Summit 23/06/2016 09:51:19
Selected from among 5,000 applicants from around the world, the Haitian businesses will join over 700 entrepreneurs and more than 300 investors at GES2016. "We are very proud of all our LEAD grantees," says Nadia Cherrouk, PADF Country Director and LEAD Chief of Party. "Those who have been selected to attend the Summit represent the faces of Haiti’s emerging economy. They have worked so hard to grow their businesses and are shining examples of what it means to pursue a dream, despite all obstacles." List of selected Haitian entrepreneurs : Myrtha Vilbon, Glory Industries : Glory Industries manufactures personal paper products such as toilet paper and napkins. The factory employs 49 people, 70 percent of them women. Ten percent have a disability. Thanks to an early grant from LEAD, the company secured bank loans and leveraged over $1 million to start operations. Kalinda Magloire, Switch S.A. : SWITCH S.A. markets propane stoves to the Haitian Diaspora, harnessing the power of remittances to support development. The company has generated over $400,000 in sales since it started operations in 2014. SWITCH also partners with renowned chef José Andrés and World Central Kitchen to convert charcoal stoves to SWITCH’s propane stove system for school lunch programs. Elan Moncher, Action et Cooperation en Développement (ACOD) : ACOD is a Haitian agricultural enterprise operating in the North of Haiti, which produces a variety of organic hot peppers, using only organic fertilizers. Through the LEAD program, the company received a grant to install irrigation equipment, construct a business facility, and improve their operations. In the future, ACOD will be able to concretize its project of promoting and exporting the organic Haitian pepper variety to the international market. The company’s expansion has been able to generate over 400 jobs. Diderot Musset, Surtab S.A. : Sûrtab S.A. is a Haitian start-up that manufactures a popular brand of "Made in Haiti" Android tablets. Since launching in 2013, Sûrtab has grossed more than $4 million in sales and grown to provide technology-based solutions for key sectors such as education, health and agriculture. Eighty percent of the company’s employees are women. "Haiti presents a complex and challenging business environment," says Jene Thomas, USAID Haiti Mission Director. "The LEAD program shows that with the proper support and financing, businesses can indeed thrive in Haiti. USAID is pleased to see these entrepreneurs included in a prestigious group of their peers from all over the world." To date, the LEAD project has funded 31 enterprises and leveraged over $10 million in private capital. The program has provided training and technical assistance to more than 100 enterprises, and created to date 10,000 direct and indirect jobs across the Port-au-Prince, St. Marc, and Cap-Haitian corridors. See also : https://www.haitilibre.com/en/news-14621-haiti-notice-business-plan-competition-lead.html HL/ HaitiLibre
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