Michael Stulman
  • Male
  • Washington, DC
  • United States

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Profile Information

What is the name of your company or organisation?
Grassroots Business Fund
What is your position in your company or organisation?
Communications Officer
What does your company of organisation do?
The Grassroots Business Fund (GBF) is an impact investment organization founded in 2004 as a program of the International Finance Corporation (IFC), and became an independent non-profit organization in 2008. GBF’s mission is to build and support high-impact businesses that provide sustainable economic opportunities to large numbers of the poor living at the base of the socio-economic pyramid (BoP).

We provide investment capital and capacity building to businesses in several developing countries across the globe. GBF’s global approach is to build and support these businesses, which provide livelihoods to millions of people at the BoP. These businesses empower the poor in developing countries as independent entrepreneurs and consumers of affordable goods and services.

This approach has generated encouraging results to date, and holds great promise for bringing much-needed business acumen to an important but underserved niche. Currently, GBF has invested $7 million in 26 businesses across 10 countries in Asia, Africa, and Latin America, and has impacted the lives of 4.2 million people.
In which African countries does your company or organisation operate?
East & West Africa
What is your website?

Michael Stulman's Blog

GBF Named Winners in G-20 SME Competition

Dear Friends,

We are delighted to share with you some great news from the Grassroots Business Fund. As you may have heard, the G-20 heads of state and Ashoka’s Changemakers have launched a competition to find the best models worldwide that are catalyzing finance for small and medium enterprises (SMEs).

The Grassroots Business Fund is proud to announce that we were chosen as one of 14 winners out of over 350 submitted proposals. The winners receive funding and valuable… Continue

Posted on November 3, 2010 at 3:14pm

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At 4:10pm on July 18, 2013, Suza Adam said…

On the 15th and 16th of October 2013, Viridis Africa hosts their third Clean Technology conference at Killarney Country Club, Johannesburg, South Africa.  The event is dedicated to the introduction of clean technologies as well as associated business/investment opportunities.

The intention of Viridis Africa is to bring together investors such as Inspired Evolution, Sterling Waterford Securities, Lerako Metier, the IDC, Curatio Capital, Vantage Capital and the Technology Innovation Agency and entrepreneurs from Africa and the rest of the world, to jointly explore commercial initiatives in green technologies.

The program includes the presentation of 20 projects of business initiatives, ranging in size and scope and encompasses priority areas such as bioenergy, hydro, wind power, green chemistry, recycling, water treatment, desalination, amongst others.

According to conference organiser, Suza Adam, managing member of Spindle Communications, “principals who would present their business opportunities at this event would have the audience of numerous local and foreign investors who have $300 Million available for investment into these various initiatives (Solar Energy – Bio Energy – Waste Energy). Investors would include venture capital, private equity, project and corporate finance outfits and others dedicated to the clean tech sector. Also included are major companies who seek strategic alliance and acquisitions.”

“Additional business proposals are invited from clean tech sub-sectors including clean energy generation (wind, solar, hydro, biofuels, geothermal, clean coal technologies), storage (fuel cells, advanced batteries, hybrid systems), efficiency (smart grids, waste heat recovery), water & waste water (water treatment, water conservation, waste water treatment, desalination) and recycling and waste (recycling, waste treatment, organic matter, plastics) etc.” says Adam.

For more information about the conference: please visit us at www.viridisafrica.com

At 6:51pm on May 22, 2011, Suza Adam said…
On the 17th & 18th October 2011 the first Clean Technology business and investment matchmaking conference for the African continent is to be held at the Sandton Convention Centre South Africa.

Called Viridis Africa, the event is dedicated to entrepreneurs and corporates who are seeking funding to introduce clean technology solutions and services.

Principals who would present their business opportunities at this event would have the audience of numerous local and foreign investors, stratified according to their interest and investment criteria.
Investors would include venture capital, private equity, project and corporate finance outfits and others dedicated to the clean tech sector. They would also include North American, European funding agencies, major Asian industrial conglomerates, technology specific investment funds and major companies who seek strategic alliance and acquisitions.

Visit www.viridisafrica.com for more information, or contact suza.adam@spindlecommunications.com

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