Learn more about Stanford Institute for Innovation in Developing Economies (SEED) and how to participate in the Spring 2015 cohort of the SEED Transformation Program. The program is delivered free of cost to the participants, who are selected through an application and interview process. The Spring 2015 cohort of the Transformation Program starts in March 2015, and we are accepting applications through January 18, 2015.
Leveraging Stanford University’s academic resources and culture of innovation and entrepreneurship, SEED was established in 2011 with the aim of stimulating economic opportunities through innovation, entrepreneurship and growth of businesses to transform the lives of people living in poverty around the world. To achieve this, SEED established its first regional center to cover the West Africa region in Accra during 2013, with the Transformation Program as the first initiative.
The Transformation Program is a Stanford University faculty-led intensive, experiential learning program for the leaders of small to medium sized organizations. The program integrates one-on-one coaching by business experts, with facilitated peer group discussions, workshops and networking events that foster strong relationships with investors and the West African business community. The Transformation Program is serving over 75 companies in the West Africa region from Ghana, Ivory Coast, Liberia, Nigeria, Senegal and Sierra Leone.
The target companies come from a wide range of industries, with the following characteristics:
- High Growth Potential: Annual turnover greater than $150,000 USD and less than $10 million USD.
- Massive Scale & Impact: Companies are encourage to apply from sectors whose success will have significant social and economic impact on those living in poverty. Sectors include: education, energy, food & nutrition, healthcare, housing & construction, information & communication technology, and water & sanitation
- Innovation: Develop and provide innovative services and products that meet major needs
- Regional Focus: Businesses with the potential and drive to expand regionally or globally