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Country Selection:
At CEOs Without Borders, we recognize the
growing diversity among developing countries, even among sub-Saharan
African ones. We only undertake projects in countries with
consolidated democracies and favorable business conditions, and
in which we can find trustworthy local partners.
Our pilots
are being launched
in Ghana. We are currently working to start up projects in Senegal.
Local Partners:
CEOs Without Borders forms partnerships with local
institutions
serving the businesses in developing countries.
In Ghana:
Association of Ghana Industries (AGI)
Ghana Employers Association
(GEA)
Ghana Investment Promotion Centre (GIPC)
Ghana National Chamber of Commerce (GNCC)
In Senegal:
Chamber of Commerce and Industry in Dakar
Ministry of Industry of Senegal
Target enterprises in developing countries:
Profitable and financially
viable enterprises employing at least 15 people, demonstrated
annual turnover above $ 200.000 (or plans to reach these levels)
and lacking the financial resources to
afford a specialized consultancy services.
Selection
process:
CEOs
Without Borders in cooperation with its local partner selects the entrepreneurs that will participate. Candidates must submit an application form, their credentials
and recommendations, and give interviews.
Selection criteria:
Proven entrepreneurial skills, drive and execution abilities,
ambition to bring their businesses to a higher level at all
times, respect for law and fit with the project.
Target CEOs in developed countries:
CEOs,
entrepreneurs and experts with notable background experience and
well networketed.
Matching criteria:
CEOs Without Borders matches CEOs in developing and
developed countries taking into account the sector in which the
participants operate as well as the
type of
partnership requested (know-how transmission, network sharing,
transfer or exchange of technologies, commercial cooperation).
CEOs Without Borders will suggest
participants on more than one suitable counterpart.
Development of the Project:
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CEOs
Without Borders provides briefings on the context and
cultural field of the counterpart before start of the
project.
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First Meeting:
Participants jointly set the
goals of the
cooperation and define an action plan.
The meeting
can have place in developing countries, over the telephone
or online. In case of traveling to the region, CEOs Without Borders
can help with the preparation of the trip.
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Following contacts develop online and over the telephone.
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Once
the project is completed, the participants must write a
short report assessing the utility of the cooperation. This
information will be used to complete a book of Best
Practices.
We believe business people are in the best
position to identify sustainable business opportunities, design
successful implementation strategies and support execution.
Therefore, the exact ways in which the partnership develops are
decided by the participants and not by CEOs Without Borders.
If
in the process of analyzing the potential ways for the
entrepreneur to expand, the conclusion is reached that financial
constraints need to be relaxed, we encourage to do it in the
form of equity or loans. We do not support donations. We believe
that the best way forward is for entrepreneurs in poor countries
to have sustainable businesses. Furthermore, we believe that
businesses can only be sustainable if they can operate in a
world without grants or donations.
Business ventures may develop on the
goodwill of the partners.
Assistance:
CEOs
Without Borders follows up on each project, supporting the
participants with any issue that may arise during this period,
and meeting with them at least twice a year.
Commitment:
Every partnership develops along a minimum time of three months
and one year. The contact remains, after this time, on the
goodwill of the partners.
Participants must dedicate a minimum of 4
hours a month to the project.
Costs:
Participants
in
developed countries assume all the costs associated to the trip;
travel, insurance and administrative costs as well as local
costs.
These costs may be
tax deductible depending on the laws of your country. Contact us
to learn more about it.
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