Stanford Seed Network is set to host its first Global Summit: the 2018 Seed Transformation Network Global Summit in Nairobi, Kenya, from 14th September – 16th September 2018 expecting to host almost 200 business owners from throughout India and across the African continent.
The philanthropic institute based at Stanford Graduate School of Business in Silicon Valley, California aims to move developing and emerging economies to greater prosperity and currently runs programs in West, East and Southern Africa as well as India.
Through the institute’s flagship Seed Transformation Program, founders/CEOs of small and medium-sized businesses in emerging markets gain critical tools, training, and coaching to transform their companies and teams, consistently resulting in job and revenue growth. Stanford’s world renowned faculty travel to each region to deliver training in-country while Seed staff travel to company locations to share learning’s with the founders/CEOs’ management teams. Initial data shows that 63% of program participants have gone on to create jobs while 86% have increased customers, following their participation in the program.
Upon completion of the 12-month program, participants become members of the Seed Transformation Network. Participation allows the business owners to harness the power of the global Seed community. Company visits, networking sessions, panel presentations and speeches will focus on topics such as, capital raising, talent acquisition & retention, mastering scale, and big data & the digital economy.
The premise behind Stanford Seed is that business is one of the most powerful engines of change that can move developing and emerging economies to greater prosperity, through job creation and product and service innovation.
As such, the goals of the Summit are to foster extensive networking among Network members to introduce Network members from West Africa, East Africa, Southern Africa, and India to new markets – encouraging partnership and expansion opportunities since completing the program, 58% of members now do business with other members.
The summit also aims to provide learning that leads to continued transformation, provide Stanford faculty, staff and students with an opportunity to learn from African and Indian Network members and allow Stanford Seed to connect with Network members and gather input to scale Seed’s impact.