Thursday, July 24, 2008

Invest In Emerging Market SMEs

The Social Equity Venture Fund (S.E.VEN), just launched a competition to develop new indicators and models for investment in emerging market small and medium-sized enterprises.

The competition is open to everyone, and is offering U.S. $50,000 in funds awarded for the best ideas. Entrepreneurs in developing markets often cite a lack of financial capital as the biggest barrier to growing their business. This competition, and its results, are one concrete step in demonstrating the power of entrepreneurship, and business, as a sustainable solution to world poverty.

S.E.VEN hopes that by opening up the discussion to anyone interested in participating that they can come up with more diverse and effective ways of looking at investment in emerging market SMEs.

Full details of the competition are available here.

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