Aspen Network of Development Entrepreneurs


The Aspen Network of Development Entrepreneurs is an international network of organizations that works to promote entrepreneurship in developing countries. Services and programming efforts focus on providing financial support for small and growing businesses and entrepreneurs whose organizations are too large for microfinance loans and too small for traditional bank loans. The organization was launched in January 2009, as the public policy initiative of the Aspen Institute.

Background

The Aspen Network of Development Entrepreneurs was established on March 23, 2009, with 32 founding members. The organization was created with commitments in seed funding by eight foundations and serves as the public policy initiative and programming efforts of the Aspen Institute.
, the organization has over 180 active member organizations, representing over 150 countries. Member organizations include investment firms, NGOs, research institutions and think tanks, and private philanthropic foundations. Regional chapters can be found around the world in Central and South America, South Africa, East Africa, and India. The mission of the organization includes providing support for small and growing businesses and their owners, who are working toward eradicating global poverty by creating economic, environmental, and social benefits in developing countries. Small and growing businesses include commercial organizations with between five and 250 employees, while reflecting a strong potential for and long-term commitment to growth.

Programs and services

The Aspen Network of Development Entrepreneurs works with organizations to develop feasible studies and threat assessments, identify corporate strengths and weaknesses, and establish strategic goals in order to facilitate and respond to opportunities for success. Additional programming efforts include advocacy and education, financial planning and assessment, and executive and support staff training and development. Guidance and training offered by the Network encompasses expertise in executive training, organizational development, and financial support.