Africa: Fighting Poverty with Profit - The BiD Challenge 2007 is Opened!

30 April 2007
Business in Development Network (Amsterdam)
press release

Will you make poverty reduction YOUR business? The 3rd edition of the Business in Development (BiD) Challenge opened on April 2nd and challenges everyone to write a business plan for an enterprise in a developing country. The BiD Challenge 2007 edition will have: more prizes, more investors and up to 7 local BiD Challenges in Developing Countries!

The BiD Challenge is much more than just a business plan competition. It is a platform for knowledge and networks, in which employees are engaged to use their knowledge in supporting entrepreneurs and in which investors get access to quality business plans. In this way the BiD Challenge does not only stimulate entrepreneurship in developing countries, it also puts companies and investors in contact with poverty reduction in a unique way. Because of the great success of the BiD Challenge International the concept will be rolled out to several developing countries in the forthcoming years to make more efficient use of local knowledge and networks.

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