2018 INVESTOR PROFILES - GSBI ONLINE ACCELERATOR - Miller Center for Social Entrepreneurship

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2018 INVESTOR PROFILES - GSBI ONLINE ACCELERATOR - Miller Center for Social Entrepreneurship
GSBI® ONLINE
                                                     ACCELERATOR

                                                      2018
                                                  INVESTOR
                                                  PROFILES

A S A N TA C L A R A U N I V E R S I T Y C E N T E R O F D I S T I N C T I O N
2018 INVESTOR PROFILES - GSBI ONLINE ACCELERATOR - Miller Center for Social Entrepreneurship
2018
                                                                                                                                                                     Table of Contents

                                                                                                                                                             3.......................................Accelerated
                                                                                                                                                             5................................Agri-Invest Sarl
                                                                                                                                                             7......................................Bodhi Health
                                                                                                                                                             9.............................................Coschool
                                                                                                                                                             11......................................Cyrus Africa
                                                                                                                                                             13........................................Discovered
                                                                                           Miller Center for Social Entrepreneurship
                                                                                                                                                             15...............................Dytech Limited
                                                                                           believes innovation and entrepreneurship provide a
                                                                                                                                                             17...............................................Edupay
                                                                                           path out of poverty.                                              19......................Elevated Honey Co.
                                                                                                                                                             21.............................................Extensio
                                                                                           About the GSBI®                                                   23.....................................Gameheads
                                                                                           Based at Santa Clara University, in the heart of the Silicon      25...............................GOODdler, Inc.
                                                                                           Valley, the Global Social Benefit Institute (GSBI®) accelerates   27...........Grassland Cameroon Ltd.
                                                                                                                                                             29.........i-Saksham Education and
                                                                                           social impact enterprises that have developed innovative
                                                                    This work features                                                                                             Learning Foundation
                                                                                           solutions to the problems of poverty. As the most rigorous        31.................Miyonga Fresh Greens
                                                      the investment profiles for the 21   and practical social impact accelerator in the world, GSBI        33..............................................Mnandi
                                                   social entrepreneur members of the      supports social entrepreneurs in sustaining and scaling their     35..............Mobilized Construction
                                                 2018 GSBI® Online Accelerator cohort.     businesses. We help leaders manage risk and accelerate            37.........Moto Hope Micro Lending
                                                       The profiles highlight the social   growth so they can multiply their positive impact on the          39.............................................Ongoza
                                                                                                                                                             41..........................VIA Global Health
                                                     entrepreneurs’ work, their impact,    world.
                                                                                                                                                             43...............................Young Farmers
                                                    growth plans, and financing needs.                                                                                               Champions Network
                                                                                           We support these entrepreneurs throughout their
                                                    If you are interested in exploring a   organizations’ life cycles through in-depth mentoring
                                                   funding or partnership opportunity,     provided by executive-level women and men who work
                                                                please reach out to the    with them over the course of six months through weekly
                                                                                           calls. Together, they refine and develop financial models,        About Santa Clara University
                                                       entrepreneurs directly with their
                                                                                           unit economics, growth strategies, operating plans, and           Santa Clara University,
                                                      provided contact information, or                                                                       a comprehensive Jesuit,
                                                                                           a justifiable ask for their investment needs. The support
                                                           contact us at gsbi@scu.edu                                                                        Catholic university located
                                                                                           provided through GSBI focuses on strengthening an
                                                                                                                                                             40 miles south of San
                                                                                           enterprise’s impact and business model and presenting their
                                                                                                                                                             Francisco in California’s
                                                                                           value proposition in a compelling manner. We support social       Silicon Valley, offers its more
                                                                                           enterprise leaders in developing the operational excellence       than 9,000 students rigorous
                                                                                           and investment readiness required to scale, and we equip          undergraduate curricula in
                                                                                           teams with practical tools to be successful.                      arts and sciences, business,
                                                                                                                                                             and engineering; master’s
                                                                                           Since 2003, Miller Center for Social Entrepreneurship has         degrees in business, education,
                                                                                                                                                             counseling psychology,
                                                                                           accelerated over 900 social entrepreneurs, who have raised
                                                                                                                                                             pastoral ministry, and
                                                                                           over $948M, and positively impacted the lives of over 323M        theology; and law degrees and
                                                                                           people. With a firm commitment to accompany social                engineering doctoral degrees.
                                                                                           entrepreneurs on their pathway to scale, the Global Social        Distinguished nationally by
                                                                                           Benefit Institute (GSBI®) In-Residence Accelerator program        one of the highest graduation
                                                                                           has a Net Promoter Score (NPS) of 100%.                           rates among all U.S. master’s
                                                                                                                                                             universities, California’s oldest
                                                                                                                                                             operating higher-education
Cover photos by Discovered, Miyonga Fresh                                                  Over 200 Silicon Valley executives comprise the GSBI mentor
                                                                                                                                                             institution demonstrates
Greens, Elevated Honey Co., and Gameheads                                                  cadre, a volunteer network. Social entrepreneurs receive          faith-inspired values of ethics
                                                                                           about 300 hours of mentorship throughout the duration of          and social justice. For more
©2018. GSBI is a registered trademark of Santa                                             the GSBI In-Residence Accelerator program.                        information, see www.scu.edu.
Clara University. All rights reserved.
2018 INVESTOR PROFILES - GSBI ONLINE ACCELERATOR - Miller Center for Social Entrepreneurship
ABOUT US
Rescuing one million students                                                                      Blending behavioral sciences, technology, and classroom data,
   from boring, scary, and                                                                         we are building a personalized teacher-coaching platform from
                                                                                                   the ground up for the African context—that actually works! Our
  ineffective classrooms in                                                                        model leverages best in-class coaches and evidence-based
                                                                                                   strategies so that any school can maximize teacher performance.
     Ethiopia and beyond                                                                           TeachEasy is as easy as 1, 2, 3:
                                                                                                   1. Foundational trainings on core classroom competencies
                                                                                                   2. Dedicated coach provides regular classroom support
                                                                                                   3. Coach provides feedback in individual and group sessions
                                                                                                       and sets personalized goals

                                                                                                                                                                           INVESTMENT REQUIRED
                                                     500 accelerated-coached                                                                                               We are raising a blended-financing seed
                                                   teachers and educators have                                                                                             round of $550k by June 2019. Other support
                                                                                                                                                                           areas include technical assistance and public-
                                                    delivered engaging lessons                     TARGET MARKET                                                           private partnerships.
                                                                                                   Countries in sub-Saharan Africa need 10 million skilled and
                                                        and have imparted                          motivated teachers in the next 5 years to meet their
                                                     21st-century skills to over                   education goals. This is the number that drives us everyday. Our
                                                                                                   adoption curve starts with B2B: independent private schools and
                                                       11,000 K-12 students.                       school chains and ends with B2G: governments.

“ ”
                                                                                                                                                                           IMPACT TO DATE
    I have become a more effective                                                                 VALUE PROPOSITION                                                       •     500 Teachers coached
 teacher since you came to the school.                                                             Evidence shows that teacher trainings in sub-saharan Africa have        •     11,500 Students reached
                                                                                                   had limited effect on quality of education. Our model leverages         •     51% increase in student participation after
  The change is obvious; some of my                                                                best-in class coaches and evidence-based strategies, so that any              5 months of coaching
 previous low-achieving students have                                                              school can maximize teacher performance and boost 21st
 taken great leaps this year to become                                                             century skills in the classroom.
      medium and high-achievers.

        —Mr. Yaboneh, Adama, Ethiopia

                                                     HEADQUARTERS Mauritius
MANAGEMENT TEAM                                                                                           MILESTONES                           GROWTH PLAN                               KEY AWARDS
                                                      IMPACT REGION East Africa
                                                                                                       Reached 11,500 Ethiopian                2020: Launch in 4 new regional          2017: Semi-finalist for Global
                                                         ESTABLISHED 2017                              students in the academic year           markets                                 Edtech Startup Awards
                                                                                                       of 2017/2018
                                                                     TYPE For-profit
         RAVI SHANKAR                                                                                                                          2020: Scale our impact to 1,000         2017: Selected for SPRING
         Founder & CEO                                         SECTOR Education
                                                                                                                                               teachers and 50,000 students in         Accelerator 2017
                                                  2017 EARNED REVENUE      $21,589                                                             Ethiopia

                                                    2017 OTHER REVENUE     $88,000

                                                     MAJOR FUNDERS Spring accelerator
         PETTER MELÅ                                               and self-equity
         Country Director, Ethiopia
                                                                STAGE Prepare
                                                           EMPLOYEES 6
                                                         VOLUNTEERS 2                                                                                                                                    WWW.SCU.EDU/MillerCenter
                                                                                                                                                                                             2018 INVESTOR PROFILE

CONTACT US                   www.accelerated.co   +251 91 554 5067         petter@accelerated.co   CONNECT                                 Blog |        https://medium.com/accelerated-blog
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2018 INVESTOR PROFILES - GSBI ONLINE ACCELERATOR - Miller Center for Social Entrepreneurship
Improving the living                                                                              ABOUT US
                                                                                                          AGRI-INVEST supports small farmers in three key ways. We
  standards of men and women                                                                              organize farmers into groups and cooperatives, and offer regular
      living from agriculture                                                                             training that helps them learn better farming practices, then
                                                                                                          visit each farm periodically to monitor production. In order to
                                                                                                          help farmers secure the agricultural inputs they need for optimal
                                                                                                          production, AGRI-INVEST provides inputs microloans to women
                                                                                                          without charging any interest. Finally, AGRI-INVEST buys
                                                                                                          farmers’ entire harvest and processes the crop in its factories.
                                                                                                          AGRI-INVEST partners with major distributors to market their
                                                                                                          productions.

                                                                                                                                                                                    INVESTMENT REQUIRED
                                                                                                          TARGET MARKET                                                             By December 2018, AGRI-INVEST Sarl is
                                                                                                          The targeted beneficiaries of our program are smallholder                 seeking to raise $2,000,000 as equity
                                                              We serve 3,000 family                       farmers living on under one dollar per day. They represent 60%            funding to build a new modern factory and
                                                                                                                                                                                    $4,000,000 in debt financing to cover its
                                                                                                          of the global Cameroonian workforce and a population of
                                                            farmers in the far north of                   more than 300 million in Africa. For the rice sector alone in the         operational cost as the new factory requires
                                                                                                          villages of Maga and Yagoua, it employs approximately 100,000             additional cash flow to run efficiently. This
                                                                   Cameroon.                              households, mainly women and young people for productive                  Investment will directly impact nearly 50,000
                                                                                                          activities of the paddy, facing the same challenges as other              family farmers by increasing their income in
                                                                                                          African small- scale farmers: the absence of private                      year 1.
                                                                                                          corporations, outdated agricultural practices, and industry

“ ”
                                                                                                          inefficiencies. AGRI-INVEST assists them by providing a holistic
                                                                                                          approach.
                                                                                                                                                                                    IMPACT TO DATE
                                                                                                                                                                                    We have served 3,000 family farmers who
  I used to harvest 2,5 ton in my hectare plot                                                            VALUE PROPOSITION                                                         increased their income by 20% after
of rice. Today, thanks to the support of AGRI-                                                                                                                                      receiving technical trainings—leading them to
                                                                                                          For smallholder farmers who aspire to improve their living                increase their yields, and lower their
 INVEST, I have doubled my production to 5                                                                standards, AGRI-INVEST is a company that provides a                       production cost. Six thousand people
 ton, and gained more money, and now send                                                                 holistic program enabling them to prosper. Unlike government              benefited from our capacity building
all my children to school and take care of my                                                             and non-profit agencies whose approaches are limited in their             program (SIFD), enabling the construction
                                                                                                          impacts, our program builds an ecosystem that enables farmers             of 20 clean water supply points, 1 Classroom,
      family. Everything has changed now.                                                                 to unleash a continued development of their rural communities.            and 1 training sewing centre for women. A
                                                                                                                                                                                    total of 18,783 lives have been positively
                        — DLAMI Martine                                                                                                                                             impacted.
                Maga, Northern Cameroon

                                                            HEADQUARTERS Maga, Cameroon
 MANAGEMENT TEAM                                                                                                 MILESTONES                             GROWTH PLAN                             KEY AWARDS
                                                             IMPACT REGION Cameroon
                                                                                                              2014: Opened a semi-industrial rice      2019: Build a new modern rice          2017: Winner of USADF YALI
                                                                ESTABLISHED 2013
                                                                                                              mill in Maga                             factory                                business plan contest
                                                                            TYPE For-profit
                    NARCISSE GUYBOLO PARFAIT                          SECTOR Agriculture &                    2016: Obtained a 5-year purchase         2019: Serve 48,000 family
                    Founder & CEO                                            Fishing, Economic                agreement with national                  farmers
                                                                                                              distributors
                                                                             Development
                                                                                                                                                       2020: Serve 66,000 family
                                                          2017 EARNED REVENUE     $450,000                                                             farmers
                                                           2017 OTHER REVENUE     $25,000
                                                            MAJOR FUNDERS USADF, IREX                                                                  2021: Serve 100,000 family
                                                                                                                                                       farmers
                                                                        STAGE Scale
                                                                  STAFF SIZE 15
                                                                VOLUNTEERS 4                                                                                                                                   WWW.SCU.EDU/MillerCenter
                                                                                                                                                                                                    2018 INVESTOR PROFILE

 CONTACT US                    www.agriinvestgroup.org   +237 69 078 8612      info@agriinvestgroup.org   CONNECT                                   /agriinvestgroup          @agriinvestgroup            /agriinvestgroup
                                                                                                                                                                                                                                          6
2018 INVESTOR PROFILES - GSBI ONLINE ACCELERATOR - Miller Center for Social Entrepreneurship
ABOUT US
      Providing quality medical                                                                         Bodhi Health Education develops technology-based products
                                                                                                        for healthcare professionals delivering healthcare in remote
      education to the last mile                                                                        locations of developing countries. These solutions include
                                                                                                        simulation games, adaptive e-Learning, and competency-based
      healthcare professionals                                                                          assessments.

                                                                                                        TARGET MARKET
                                                                                                        The target market for Bodhi’s products and services are                   INVESTMENT REQUIRED
                                                                                                        healthcare professionals serving at the last mile. Low-resource           Our target is to raise USD 1 million in grants
                                                                                                        areas such as India, Southeast Asia, and Africa are the primary
                                                          We have trained over 30,000                   markets for Bodhi. The current shortage of frontline healthcare
                                                                                                                                                                                  and equity over a period of next 4-8 months.
                                                                                                                                                                                  From the grants, we are seeking USD 250,000
                                                           healthcare professionals in                  professionals is estimated to be 7 million, and is expected to            and the balance from equity. This capital is
                                                                                                        increase to 13 million by 2035. Bodhi works with public health            important for the growth of the venture over
                                                          key clinical areas in India and               providers, government health departments, and tertiary care               the next two years in terms of geographic
                                                                                                        providers in urban and semi urban areas to strengthen the skills
                                                                    Indonesia.                          and knowledge of the healthcare workforce using our products.
                                                                                                                                                                                  expansion and investment in product
                                                                                                                                                                                  development. In addition to
                                                                                                                                                                                  capital, Bodhi is looking at partnerships in
                                                                                                                                                                                  these geographies with stakeholders.

“ ”
                                                                                                                                                                                  IMPACT TO DATE
   The game based simulation product Bodhi                                                              VALUE PROPOSITION                                                         Bodhi’s direct beneficiaries include healthcare
  has provided is my best tool. This allows me                                                          Bodhi Health Education provides medical education products,               professionals. To date, the Bodhi training
                                                                                                        which are localized in terms of the language and cultural fitment,        platform has reached 32,000 healthcare
   to refresh key concepts in the case of high                                                          for front line healthcare professionals, and thereby creates              professionals across 7 states in India and
      risk pregnancies. I am able to use the                                                            anytime anywhere learning tools, unlike large companies such as           Indonesia. We have done a detailed study of
    application as a checklist to ensure high                                                           Elsevier.                                                                 the infection-control training track impact
      quality ante natal and post natal care                                                                                                                                      where there is a reduction of 32 percent in
               to mother and child.                                                                                                                                               hospital-acquired infections. For the health
                                                                                                                                                                                  worker segment, on referral income model,
—Rukmani, Community Healthcare Worker                                                                                                                                             there has been a 62 percent increase in
                                                                                                                                                                                  average remuneration.
                            Leh, India

                                                             HEADQUARTERS Gurgaon, Haryana,
  MANAGEMENT TEAM                                                         India
                                                                                                               MILESTONES                             GROWTH PLAN                             KEY AWARDS
                                                                                                            2015: Raised seed funding of
                                                              IMPACT REGION India, Indonesia,                                                        2019: Set up 3rd comprehensive
                                                                                                            USD 250,000
                                                                              Myanmar                                                                simulation nursing lab in India
                                                                                                                                                                                            2018: IFC’s TechEmerge award
                                                                ESTABLISHED 2015                            2016: Implemented the largest
                                                                                                            online program for 7,000 nurses
             ABHINAV GIRDHAR                                            TYPE For-Profit                     and 2,000 doctors at All India           2020: Set up Bodhi technology          2017 MIINT Award at Wharton
             Co-Founder & CEO                                        SECTOR Education, Health               Institute of Medical Sciences, New       learning centres across 30 nursing     Business School
                                                          2017 EARNED REVENUE $120,000                      Delhi                                    educational institutions in India
                                                           2017 OTHER REVENUE $250,000                      2017: Platform implemented for
                                                                                                            3,000 technicians with the               2021: Reach out to 100,000             2017: Facebook Code for the next
                                                            MAJOR FUNDERS Impact                            support from International               healthcare professionals               billion award
                                                                              Assets, VilCap                Financial Corporation’s
             SHRUTIKA GIRDHAR                                                 Investments, CIIE             TechEmerge Program
             Co-Founder & CTO                                                 India, IFC, DBS               2018: Game-based application
                                                                              Foundation                    development partner for Project
                                                                       STAGE Scale                          ASMAN roll out across 80 primary
                                                                                                            health facilities
                                                                  EMPLOYEES 14
                                                                                                            2018: Expansion in Indonesia across
                                                                 VOLUNTEERS 4                               31 hospitals
                                                                                                                                                                                                              WWW.SCU.EDU/MillerCenter
                                                                                                                                                                                                  2018 INVESTOR PROFILE

  CONTACT US                    www.bodhihealthedu.org   +91 99995 90443   abhinav@bodhihealthedu.org   CONNECT                                         /BodhiHealthEdu                        @BodhiHealthEdu
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2018 INVESTOR PROFILES - GSBI ONLINE ACCELERATOR - Miller Center for Social Entrepreneurship
Preparing Colombian youth                                                                    ABOUT US
                                                                                                   Coschool designs and operates programs for the education
         for individual success                                                                    sector in Colombia, with the goal of strengthening social and
       and collective well-being                                                                   emotional skills in young people. We run 3 types of programs:
                                                                                                   Colead (leadership and social entrepreneurship programs for
           in the 21st century                                                                     5-18 year olds), Campco (character camps during vacations), and
                                                                                                   Cotrain (certifying educators in our “edumoción” methodology
                                                                                                   over 12 hours and other teacher training programs). In 2018, we
                                                                                                   are beginning to implement a blended approach with some of
                                                                                                   our delivery from 2019 online.

                                                                                                   TARGET MARKET
                                                                                                   Students (schools, parents, NGOs, Public Sector as clients): Total           INVESTMENT REQUIRED
                                                                                                   market size in Colombia: 6,100,000. Value: USD$285M/year. We                 Grants: USD $300K (2018-2020)
                                                                                                   reach our clients via referrals, marketing (online and presence at
                                                         We have run programs for                  events) and partnerships.
                                                                                                                                                                                Convertible debt: USD $400K (Q3 2019)

                                                          over 12,000 youth and                    Educators (schools, NGOs, teachers as clients): Total market
                                                             2,000 teachers.                       size in Colombia: 425,000. Value: USD$30M/year. We reach
                                                                                                   educators via school networks, education NGOs and private-
                                                                                                   sector foundations. Subsequently, we cross-sell B2C to teachers
                                                                                                   directly. We also run free teacher training events to gain traction

“ ”
                                                                                                   with schools & NGOs.

   Coschool’s program was one of the most
                                                                                                   VALUE PROPOSITION
     important moments of my whole time
                                                                                                   Coschool runs research-based, contextualized life-skill                      IMPACT TO DATE
                                                                                                   development programs specifically for post-conflict Colombia.
                                                                                                                                                                                •       12,000 students directly. 2,000 educators
   in school - at last we had a voice, I could                                                     We build capacity in schools and institutions, aiming to work
                                                                                                                                                                                        directly.
   develop my passions, and my friends and                                                         with them for no longer than 3 years and focussing on teacher
                                                                                                                                                                                •       60,000 students indirectly (1 educator
                                                                                                   training and development as our highest impact and cost-
     I became leaders for our community. I                                                                                                                                              has a positive impact on approximately
                                                                                                   effective delivery model. Unlike other education initiatives that
                                                                                                                                                                                        30 students: indirect students =
    really changed. Now I’m ready for more                                                         believe that scaled up solutions can be applied top-down, our
                                                                                                                                                                                        educators x 30)
           challenges. We need these                                                               focus is on building solutions from the ground up, understanding
                                                                                                                                                                                •       110 different projects executed with over
                                                                                                   local context, and proving impact in order to improve education
       programs all the time in our school.                                                                                                                                             150 schools involved
                                                                                                   public policy.

—Emanuel Garcia Zambrano, Colombian student

                                                          HEADQUARTERS Bogotá, Colombia
    MANAGEMENT TEAM                                                                                       MILESTONES                              GROWTH PLAN                                   KEY AWARDS
                                                          IMPACT REGION Colombia
                                                                                                       2015: Unreasonable Global Institute       2018: Build 1st online/blended               2014: Ventures Colombia
                                                             ESTABLISHED 2014                                                                    course for Cotrain (certification in         “Overcoming Poverty”
                                                                                                                                                 Edumoción)
                                                                     TYPE For-Profit                   2017: Passed $200k in earned
                        HENRY MAY                                                                      revenue                                                                                2016 & 2017: B Corporation “Best
                        CEO                                       SECTOR Education                                                               2019: Develop full suite of online/          for the World” (for impact on
                                                                                                                                                 blended Coschool courses for                 customers)
                                                       2017 EARNED REVENUE    $200,000                  2017: Raised $90k in equity
                                                                                                                                                 Colead & Cotrain plus hire space
                                                                                                        investment from angel investors
                                                                                                                                                 for 300 in-person “train the trainer”        2017: Agora Accelerator, Latin
                                                         2017 OTHER REVENUE   $60,000                                                            certifications                               America
                                                                                                       2018: Raised $75K debt investment
                                                         MAJOR FUNDERS Ashmore                         from Ashmore Foundation
                                                                                                                                                 2020: Establish core team in
                                                                       Foundation                                                                Medellín & Cali

                                                                    STAGE Prepare                      2018: Secured biggest project so
                                                                                                       far, 12 months with 300 youth plus
                                                                                                       50 teachers in rural Urabá, $135K,        2021: Roll out Coschool online
                                                              EMPLOYEES 8                                                                        programs to Mexico & Argentina
                                                                                                       with impact measurement from
                                                                                                       Ipsos                                                                                                   WWW.SCU.EDU/MillerCenter
                                                             VOLUNTEERS 2
                                                                                                                                                                                                    2018 INVESTOR PROFILE

    CONTACT US                  https://coschool.co/   +573 22 218 4220         hmay@coschool.co   CONNECT                                   /coschoolcolombia           @coschool_            /coschool        @coschool
                                                                                                                                                                                                                                          10
2018 INVESTOR PROFILES - GSBI ONLINE ACCELERATOR - Miller Center for Social Entrepreneurship
ABOUT US
     Providing affordable                                                                   Cyrus Africa provides innovative client-centric microcredit
                                                                                            services to low-income women in rural and Peri urban
  micro credit for low-income                                                               communities that are often excluded and without access to
   people to reduce poverty                                                                 financial services. Cyrus Africa’s microcredit scheme is
                                                                                            affordable and easily accessible with no collateral requirement.
                                                                                            The lending approach is simplified and repayment terms are
                                                                                            reinforced through community and peer support.

                                                                                            TARGET MARKET
                                                                                            Out of the total addressable market potential of about 14                 INVESTMENT REQUIRED
                                                                                            million customers in Ghana, Cyrus Africa reaches the available            We are seeking debt financing of USD$1.5M
                                                                                            market of 6-8 million low income women in rural and peri-urban
                                                       We have impacted over                communities. These are mainly women who live on less than USD
                                                                                                                                                                      and USD$50,000 in grants to finance our
                                                                                                                                                                      microcredit expansion program to reach
                                                     20,000 low-income women                $2 a day and together constitute about 70% of people within the
                                                                                            informal sector. They are often marginalized petty traders with
                                                                                                                                                                      27,000 active borrowers by 2020. This would
                                                                                                                                                                      enable Cyrus Africa to implement a new
                                                       with our client-centric              small businesses. Our bank’s local presence in the community              cloud-based technology for its program
                                                                                            is key. Cyrus Africa reaches these clients through field offices
                                                    simplified lending approach.            set up within these low-income communities. Our credit officers
                                                                                                                                                                      expansion, and integrate social performance
                                                                                                                                                                      metrics into the overall organization. Cyrus
                                                                                            increase the understanding and success of our customers by                Africa will also impact over 37,000 micro
                                                                                            providing training and assistance along the way.                          enterprises, reaching 142,884 people with

“ ”
                                                                                                                                                                      improved financial capability.

                                                                                            VALUE PROPOSITION                                                         IMPACT TO DATE
 As a result of the Cyrus loan, I do bigger                                                 Cyrus Africa provides client-friendly and convenient microcredit          1.     Over 20,000 low-income women have
business and earn higher returns therefore                                                  in underserved communities. We utilize better loan application,                  benefited from Cyrus Africa microcredit
 it’s very easy for me to pay rent bills and                                                disbursement methods, and repayment processes for rural/                         program.
schools for my children. Indeed, Cyrus loan                                                 peri urban women and thereby empower micro-enterprises and                2.     Established 5 branches currently serving
                                                                                            enable job creation much more effectively than rural community                   over 30 rural and peri-urban communities
has transformed my life and I would advise                                                  banks, microfinance institutions, and financial NGOs.                            in Ghana.
            others to come for life                                                                                                                                   3.     In partnership with the German
           transformation at Cyrus.                                                                                                                                          Development Organization we have
                                                                                                                                                                             implemented financial wellness policy
         —Lucy Otoo, Provision, vendor                                                                                                                                       initiatives for Ministry of Food &
                                                                                                                                                                             Agriculture, and the Parliamentary Service
                Tema Newtown, Ghana                                                                                                                                          of Ghana.

MANAGEMENT TEAM                                        HEADQUARTERS Accra, Ghana
                                                                                                   MILESTONES                             GROWTH PLAN                                KEY AWARDS
                                                        IMPACT REGION Ghana, West Africa        2016: Collaboration with
                                                                                                                                         2020: Establish 19 branches to            2017: MasterCard Scholar -
                                                                                                University of Ghana Finance
                                                          ESTABLISHED 2013                                                               create 26,600 active borrowers            Harvard Kennedy School Executive
                                                                                                dept. to research determinants of
                                                                                                                                                                                   Program in Rethinking Financial
                                                                                                default to deepen social impact
                                                                                                                                                                                   Inclusion
           JEFFERSON AGBAI                                           TYPE Non-profit/NGO        measurement                              2020: Impact over 37,000 micro
           Co-Founder & CEO                                                                     Impacted over 30 different
                                                                                                                                         enterprises with over 70,000 jobs         2017: Harvard Business School
                                                                   SECTOR Microfinance          communities with our micro credit
                                                                                                                                         being created                             Innovation lab
                                                                                                program
                                                     2017 EARNED REVENUE   $318,884                                                      Scale up growth of the
                                                                                                2017: Expanded client reach from         organization, expand the operation        2016: Opportunity Collaboration
                                                                                                2,500 to about 4,000 active              to other regions/new markets              Cordes Fellow
                                                       MAJOR FUNDERS Minimal external           borrowers
                                                                     funding                                                             2019: Integrate Social Performance
           ROSE-DARLING AGBAI                                                                   2018: Signed MOU with SOS
           Co-Founder & Executive                                                                                                        Metrics into the overall
                                                                    STAGE Scale                 Children’s villages program to           organization
           Director                                                                             pilot an innovative program
                                                            EMPLOYEES 25                        delivery in 2019                         Implement a new software/cloud
                                                                                                Achieved average net income              based program management
                                                              PART-TIME 4                                                                solution
                                                                                                growth of 80% over the 5-year                                                                       WWW.SCU.EDU/MillerCenter
                                                                                                period covering 2013-2017
                                                                                                                                                                                         2018 INVESTOR PROFILE

CONTACT US                    www.cyrusmls.com   +233 244 146033        info@cyrusmls.com   CONNECT                                         https://www.linkedin.com/in/jefferson-agbai-5093705/
                                                                                                                                                                                                                               12
2018 INVESTOR PROFILES - GSBI ONLINE ACCELERATOR - Miller Center for Social Entrepreneurship
ABOUT US
                                                                                                Discovered provides creative artisan entrepreneurs in emerging
Empowering creative artisans                                                                    countries the local support they need to get (online) access to
in emerging countries to use                                                                    international buyer markets and grow their businesses.

 business as a force for good
                                                                                                TARGET MARKET
                                                                                                An estimated 1 billion people in emerging countries are
                                                                                                struggling to craft a better future doing business, but are still
                                                                                                living of less then $5 a day.

                                                                                                Developing small artisan enterprises will drive income generation
                                                                                                and employment (particularly among women).
                                                           An estimated 1 billion                                                                                           INVESTMENT REQUIRED
                                                     people in emerging countries               Boosting artisan enterprise development can transform the
                                                                                                economic landscape of emerging countries as a whole, when
                                                                                                                                                                            Discovered is looking for an equity
                                                                                                                                                                            investment of $800k to open 5 HUBs by
                                                     are struggling to craft a better           properly scaled, but artisan support organizations are often                2019 to prove growth & replication of
                                                                                                small, work independently of each other, are not well funded or             our approach. The Dutch-Good-Growth-
                                                      future doing business but are             recognized, and are unable to support this.                                 Fund (DGGF) of the Dutch Ministry of
                                                     still living on less then $5/day.                                                                                      Foreign Affairs will leverage private capital
                                                                                                                                                                            investments on a 1:1 basis. This will activate
                                                                                                                                                                            1.750 artisan shops, empowering 8.000

“ ”
                                                                                                                                                                            artisans and 38k family members. Each HUB
                                                                                                VALUE PROPOSITION                                                           will create $443.520 impact revenue over 3
                                                                                                Discovered provides creative artisan entrepreneurs in emerging              years and create at least 20 local jobs.
                                                                                                countries an online platform with local support to give them
                                                                                                access to the tools they need to grow their businesses. We
                                                                                                offer a single point for market access making it super easy
  By joining Discovered, I have been                                                            to list products, manage inventory and prices to sell across
                                                                                                                                                                            IMPACT TO DATE
   able to reach more customers,                                                                different (online) channels. We offer local skills training support
                                                                                                on marketing, business development, and entrepeneurship to                  There are currently 170+ artisan shops on
  sell my products at better prices,                                                            grow their businesses sustainably. We offer access to affordable            Discovered, reaching 700 artisans and 3.200+
        and grow my business.                                                                   loans to develop their businesses based on their online revenue,            family members. Discovered has
                                                                                                avoiding currency risks, and costly approval processes.                     generated $220K+ gross revenue to date.

          —Mrinalika Jain, Jaipur, India

                                                        HEADQUARTERS Den Haag, Zuid-
MANAGEMENT TEAM                                                        Holland,
                                                                                                       MILESTONES                               GROWTH PLAN                              KEY AWARDS
                                                                       Netherlands
                                                                                                     Since our start, Discovered has           2019: Open 5 Hubs in 3 countries to     Selected for the Global Social
                                                         IMPACT REGION Netherlands                   attracted 535K euros in equity            prove growth & replication of our       Benefit Institute Online program
                                                           ESTABLISHED 2014                          funding (2016 & 2017), 400K euros         approach
                                                                                                     in convertible loans and 197,500 in
               GIJSBERT VAN DER SLEEN                                TYPE Hybrid                     subsidies in 2018.                        2020: Grow to 16 HUBs in 5
               Founder & CEO                                                                                                                   countries to become break-even
                                                                 SECTOR Fair Trade,
                                                                          Economic
                                                                          Development
                                                      2017 EARNED REVENUE $10,000

                                                       2017 OTHER REVENUE   $480,000
                                                       MAJOR FUNDERS Investors, grants
                                                                    STAGE Scale
                                                             EMPLOYEES 5
                                                                                                                                                                                                        WWW.SCU.EDU/MillerCenter
                                                                                                                                                                                             2018 INVESTOR PROFILE

CONTACT US               https://www.discovered.us   +31639765329      gijsbert@discovered.us   CONNECT                                           /dscvrd                   @dscvrd                    @dscvrd
                                                                                                                                                                                                                                   14
2018 INVESTOR PROFILES - GSBI ONLINE ACCELERATOR - Miller Center for Social Entrepreneurship
Offering social economic
                                                                                                  ABOUT US
   impact to the lives of rural                                                                   Export-focused honey agribusiness company with an innovative
   communities by engaging                                                                        drive which has given birth to the design of ZamHive®, low
                                                                                                  cost $4 double-deck, highly productive beehive made from
      them to produce high                                                                        unwanted wood waste and offcuts with 250% productivity uplift.
                                                                                                  We harvest, process and package honey produced by poor
    value honey for export to                                                                     rural outgrowers who earn 150% more than with other crops
         global markets                                                                           for sale to global export markets and reinvest retained earnings
                                                                                                  to produce thousands of ZamHives® to expand the rural
                                                                                                  production base. Our impact covers six districts in Zambia and
                                                                                                  two towns in the Democratic Republic of Congo.
                                                                                                                                                                             INVESTMENT REQUIRED
                                                         We offer 2500 rural poor                 TARGET MARKET                                                              We have planned to obtain investment or
                                                                                                  Dytech exports 250 tons of bulk honey in 300kg metal drums                 grants or equity of $250,000 to increase
                                                          honey outgrowers social                 to South Africa, Germany, Egypt and soon to China. Under the               the number of ZamHive® beehives for rural
                                                                                                                                                                             honey outgrowers. This will increase honey
                                                                                                  brand SweetHarvest™, we produce 8000 ZamHives®, process
                                                       economic pathways free 8000                and package 40 tons of bottled honey made 100% by nature, as               production per year from 200 tons to 6000
                                                                                                                                                                             tons and 500 tons of wax. This will bring
                                                       ZamHives® with 250% uplift in              well as bee wax, royal jelly, propolis, and various other honey-
                                                                                                  based products. Twenty percent of the honey is bottled and                 export revenue for reinvestment into factory
                                                           Zambia and Southern                    eighty percent export is sold as bulk in 300kg metal drums.                and pay for any outstanding matters, thereby
                                                                                                                                                                             creating huge reserves of revenue inflows. We
                                                       Democratic Republic of Congo.                                                                                         estimate that 6,000 tons will bring $15 million
                                                                                                                                                                             in export revenues.

“ ”
                                                                                                                                                                             IMPACT TO DATE
                                                                                                                                                                             •   Empowered 2,500 rural outgrowers across
                                                                                                  VALUE PROPOSITION                                                              4 provinces of Zambia and 2 towns in the
 I have spent 66 years of my life without any                                                     The only firm that has a unique innovative beehive—ZamHive®—                   Southern Democratic Republic of Congo.
                                                                                                  with 250% double-deck low-cost highly productive beehives.                 •   Rural outgrowers provided with 8,000
success and you chose me as one of your best
                                                                                                  Rural outgrowers are provided with 8,000 ZamHives® and two                     ZamHives®
 women to empower with 40 beehives. I can                                                         fifty hector SweetHarvest™ bee farms with 2000 Beehives.                   •   Created jobs along the whole value chain,
now believe that there is a better tomorrow as                                                    SweetHarvest™ brand is advertised as “100% made by bees,”                      including the hundreds of carpenters
 my income has increased hope is back in my                                                       a compelling message to consumers. We offer a population of                    making ZamHives®
 poor village and for the first time since I was                                                  2,500 rural outgrowers a traceable footprint of positive social            •   Promoted fruit plantation farming such as
                                                                                                  economic change. We offer innovative honey-based sweets                        mango, cashew nut and avocado which
        born, I can afford to dream big.                                                          such as lollipops, candy, and lozenges, giving kids the chance to              supports beekeeping
                                                                                                  consume honey.                                                             •   Turns family farmers into hundreds of
              —Grace, beekeeper, Mumbwa,                                                                                                                                         family employers
                 Central Province, Zambia                                                                                                                                    •   Empowers rural women

MANAGEMENT TEAM                                               HEADQUARTERS Lusaka, Zambia
                                                                                                         MILESTONES                            GROWTH PLAN                                KEY AWARDS
                                                         REGION OF IMPACT Zambia
                                                                 ESTABLISHED 2015                     Provided rural outgrowers with           Train 10,000 rural outgrowers each       2016: Winner of the Nyamuka
                                                                                                      8,000 low cost double-deck               with 20 ZamHives® in 5 yrs               Zambia business plan competition
                                                                       TYPE For-profit                highly productive ZamHives® that                                                  sponsored by UKAID
                                                                                                      have 250% uplift                         Obtain organic certification for the
                      ALAN CHANDA                                   SECTOR Agriculture &                                                       honey and its products under the
                                                                                                                                                                                        2017: Awarded an entrepreneur
                                                                             Fishing, Economic                                                 brand SweetHarvest™
                                                                                                                                                                                        scholarship to learn about
                      Founder & CEO                                                                   Exported 100 tons of honey to                                                     scaling up business South Africa,
                                                                             Development              South Africa and Egypt
                                                                                                                                               Plant 100,000 cashewnut and              Egypt, China, and Dubai
                                                         2017 EARNED REVENUE $70,000
                                                                                                                                               mangoes to increase honey                2018: Awarded a fully-paid (UKAID)
                                                                                                      Found markets for 100 tons of
                                                             2017 OTHER REVENUE   $40,000             honey in Germany and in China,
                                                                                                                                               production, beeswax from flowers,        slot among 5 firms from Africa through
                                                                                                                                               and ingredients for honey sweets         competition of 250 entrepreneurs to
                                                                                                      with first export scheduled for the
                                                             MAJOR FUNDERS UKAID Business                                                                                               a 14 day international exporter expo in
                                                                                                      last quarter of 2018
                                                                           Plan Competition                                                    Build a mobile phone app for rural       Shanghai
                                                                                                      2018: Chosen to exhibit honey            outgrower traceability supply chain
                                                                        STAGE Scale                   and all by-products in the 1st ever
                                                                                                      Shanghai Import Expo in China
                                                                   EMPLOYEES 18                                                                Reach export capacity of 6,000
                                                                                                      Opened exports to EU-wide                tons of honey into market such as
                                                                 VOLUNTEERS 4                                                                  EU, USA, China and the rest of the
                                                                                                      market                                                                                              WWW.SCU.EDU/MillerCenter
                                                                                                                                               world
                                                                                                                                                                                              2018 INVESTOR PROFILE

CONTACT US                                   +260955720022             alanchanda@gmail.com      2018 COHORT                                                   DYTECH LIMITED                                                        15
2018 INVESTOR PROFILES - GSBI ONLINE ACCELERATOR - Miller Center for Social Entrepreneurship
ABOUT US
     Making quality, low-cost                                                                     According to independent research, private basic schools in
                                                                                                  Ghana far outperform their public school counterparts. However,
  primary education accessible                                                                    many poor families in rural parts of Ghana cannot afford to make
                                                                                                  the required tuition pre-payments at the start of any given term.
   to the rural poor in Ghana                                                                     Edupay’s tuition financing model allows poor families to pay
                                                                                                  their tuition in small increments over time and ensures a level of
                                                                                                  revenue for the private schools that allows them make critical
                                                                                                  investments in teachers and school infrastructure.

                                                                                                  TARGET MARKET
                                                                                                                                                                                INVESTMENT REQUIRED
                                                       Edupay will improve access to              Edupay’s Serviceable Obtainable Market is estimated to be
                                                                                                  about 70 percent of approximately 1.9 million pupils enrolled in              Edupay is seeking $500,000 in grants to
                                                          low-cost, higher-quality                about 19,000 LCPS in Ghana. This represents about 1.3 million                 implement it financing model at more than
                                                                                                                                                                                20 private schools in rural Ghana. These
                                                                                                  pupils drawing from about 15,000 low cost private schools
                                                         private education for more               (LCPS). Upon reaching an understanding with the school owners,                funds will benefit an initial 10,000 students by
                                                                                                                                                                                2019 and provide additional working capital
                                                        than 30,000 students by the               we engage with parents through Parent Teachers Association
                                                                                                  meetings. Once parents and school authorities endorse our                     needed to support 30,000 students by 2021.
                                                         year 2021 and improve the                model, data collection begins and the model is implemented.

                                                           finances of 60 schools.
                                                                                                                                                                                IMPACT TO DATE

“ ”
                                                                                                                                                                                •   1520 real time beneficiary pupils from
                                                                                                  VALUE PROPOSITION                                                                 about 830 households supported to pay
                                                                                                  Edupay allows parents the ability to finance tuition for higher-                  their wards fees.
Edupay has made a big impact on my school.                                                        performing, low-cost private schools over a 90 day term rather                •   Reduced tuition fees default rate of LCPS
     I have been able to build new structures                                                     than 100% up-front tuition payments. The tuition payment plan                     from 41% to 8%, which provided financial
 including toilets, backfill an area that used to                                                 will dramatically reduce student absenteeism and enhance the                      assurity for 15 schools
                                                                                                  overall quality of student learning experience. Edupay provides
  flood and pay my teachers all arrears owed.                                                                                                                                   •   Economic impact of livelihoods by
                                                                                                  private schools with accelerated cash collection and far greater                  sustaining about 860 rural petty trading
    I pray that Edupay grows, expands, and is                                                     accuracy in revenue forecasting. Tuition financing model will                     businesses, creating employment
sustained to be able to help the community in                                                     dramatically reduce tuition payment default rates and the                         opportunities for 15 youths in the
     terms of development and sustainability.                                                     accelerated cash flow will allow the private schools the ability to               communities, and supporting 42 teenage
                                                                                                  make key investments in teachers and school infrastructure on a                   mothers by offering scholarships to their
                —Richard Intsiful, Proprietor,                                                    more timely basis.                                                                children.
          Fynn Upgrade International School,
                                      Prestea

                                                          HEADQUARTERS Prestea, Western
 MANAGEMENT TEAM                                                              Region, Ghana              MILESTONES                              GROWTH PLAN                                 KEY AWARDS
                                                           IMPACT REGION Prestea Huni Valley
                                                                                                      Completed Cohort 11 SCU GSBI               Reach up to 30,000 real time              Silver Medal Award in the Project
                                                                              District
                                                                                                      mentoring and ready for next level         pupil beneficiaries                       Category of the 2017 Youth Citizen
                                                             ESTABLISHED 2015                         scaling                                                                              Entrepreneurship Competition by
                                                                    TYPE Non-profit/NGO                                                                                                    the UNESCO Global Action
           GODFRED BENNET TURKSON
                                                                                                      Reached over 1,500 direct student                                                    Programme on Education for
           Co-Founder & CEO                                      SECTOR Education,                    beneficiaries                              Raise USD$500,000 financial               Sustainable Development
                                                                            Economic                                                             resources to anchor growth
                                                                            Development                                                                                                    Selected to participate in the 2017-
                                                                                                                                                 agenda
                                                        2017 EARNED REVENUE $23,000                                                                                                        18 Global Social Benefit (GSBI®)
                                                                                                      Mobilized USD$580,000.00
                                                         2017 OTHER REVENUE $75,000                   revenues cumulatively for the                                                        Online program
                                                                                                      Six LCPSs                                  Mobilize over USD$15M worth of
                                                          MAJOR FUNDERS Golden Star Bogoso                                                       revenues for over 60 LCPSs to aid
           EMMANUEL DOUGLAS TURKSON                                          Prestea Limited,
           Co-Founder & Programs Director                                                             Over USD 200,000.00 value of               their infrastructure growth
                                                                             ACES, Stan Stewart
                                                                             Institute                new school infrastructure and
                                                                                                      pedagogical assets
                                                                       STAGE Validate
                                                               EMPLOYEES 9
                                                              VOLUNTEERS 6                                                                                                                                  WWW.SCU.EDU/MillerCenter
                                                                                                                                                                                                 2018 INVESTOR PROFILE

 CONTACT US                      www.masuafarica.org   +233205885367      dougturk@hotmail.com    CONNECT                                        /masuafrica                          @masu_africa
                                                                                                                                                                                                                                       17
ABOUT US
 Connecting rural beekeepers                                                                               Elevated Honey Co. provides an efficient, connected, and
                                                                                                           transparent supply chain that verifies the integrity of honey
to the global market through a                                                                             produced in rural mountain communities and brings stable cash
                                                                                                           flow back to producers. We guarantee yearly purchase of honey
   transparent supply chain                                                                                products if producers adhere to quality standards. We test
                                                                                                           100% of honey purchased according to the most sophisticated
                                                                                                           adulteration testing methods, and thereby, we have secured a
                                                                                                           better market for producers.

                                                                                                           TARGET MARKET                                                              INVESTMENT REQUIRED
                                                                                                           Target beneficiaries are the more than 250,000 small                       Elevated Honey Co. is seeking $415,000 of
                                                                                                           shareholder farmers living in China and northern South East                grants and soft loan funding to standardize
                                                         We have a 98% retention rate                      Asia. They are moving into the working class and would like to             and improve customer-facing design
                                                                                                           live a more comfortable life. There is more infrastructure and             materials, establish end-to-end traceability,
                                                          among farmers who have                           opportunity for them, but they are still unable to earn a decent           grow market share, and expand production
                                                         become beekeepers through                         living in their villages.                                                  zones. That investment will enable us
                                                                                                                                                                                      to positively impact the lives of 213,600
                                                                our training.                              Our target market are the domestic Chinese honey purchasers                individuals and return a profit of $175,953
                                                                                                           that are currently buying expensive imported honey, but would              over the course of three years.
                                                                                                           prefer a Chinese brand if a safe alternative existed. This market

“ ”
                                                                                                           segment is worth $USD90 million per year and is expected to                IMPACT TO DATE
                                                                                                           double over the next ten years.
                                                                                                                                                                                      Since 2014, 116 farmers have been trained,
                                                                                                                                                                                      11 have become professional beekeepers.
    In 2016, I sold all my honey to Elevated                                                                                                                                          180 people in our region have benefited
   Honey Co. I used the money to buy a car                                                                                                                                            from a family member becoming a full-time
   so that I can drive my children to school.
                                                                                                           VALUE PROPOSITION                                                          beekeeper. Thirty people have been able to
                                                                                                           Elevated Honey Co. provides stable market access and                       remain at home with their families rather
Elevated Honey Co. made me an interest-free                                                                advancement opportunities, which are focused on creating a                 than leaving to seek work in the cities. On the
 loan to help purchase the car. Our village is                                                             better supply chain for traditional mountain beekeepers and                other end of the supply chain, 9,831 Chinese
 at a high altitude, so it’s important in winter                                                           urban Chinese consumers. In turn, this creates better rural                consumers have been educated about bees,
      that children have a ride in a car to                                                                livelihood opportunities while increasing consumer safety. This is         honey supply chain issues, and beekeeping
                                                                                                           in contrast to competitors that profit from the status quo of an
                and from school.                                                                           opaque and unfair supply chain.
                                                                                                                                                                                      for development, many of whom are able
                                                                                                                                                                                      to, for the first time, purchase a safe honey
             —Zhu Wenguang, beekeeper                                                                                                                                                 product to feed their families. We calculate all
                        Yunnan, China                                                                                                                                                 of our family calculations by multiplying by 6.

MANAGEMENT TEAM                                              HEADQUARTERS Shangri-la, Yunnan,
                                                                          China
                                                                                                                  MILESTONES                             GROWTH PLAN                               KEY AWARDS
                                                              IMPACT REGION China
                                                                                                               2017: Named Echoing Green                 2018: Double market share by            2018: Food+City Supply Chain
                                                                ESTABLISHED 2014                               Fellows and received a                    working with new distributor and        Pitch Competition Finalist
                                                                                                               USD$90,000 grant                          targeting 2 new cities with more
                         KATRINA KLETT                                   TYPE For-Profit                                                                 than 12 live events
                         Co-Founder & CEO
                                                                       SECTOR Agriculture &                                                                                                      2017: Echoing Green Fellows
                                                                              Fishing, Economic                2016: A beekeeper in the
                                                                                                               program earned the highest wage           2018: Expand into 6 new honey
                                                                              Development
                                                                                                               in his rural village, with more than      production regions
                                                          2017 EARNED REVENUE   $4,217                         USD$6,500 from his honey sales.

                                                            MAJOR FUNDERS Echoing Green
                                                                                                                                                         2021: Build a honey processing
                                                                        STAGE Prepare                          Brought new honey producing               facility
                                                                                                               technology and market access to 5
                                                                  EMPLOYEES 3                                  villages in 4 years
                                                                VOLUNTEERS 4                                                                                                                                       WWW.SCU.EDU/MillerCenter
                                                                                                                                                                                                       2018 INVESTOR PROFILE

CONTACT US                     elevatedhoneyco.com   (86)15908871350   katrina.klett@elevatedhoneyco.com   CONNECT                                          /elevatedhoneyco                       @elevatedhoneyco
                                                                                                                                                                                                                                          20
Increasing farmers’ living
standards through access to                                                               ABOUT US
                                                                                          Extensio is a digital field agent through mobile innovation.
    critical information for                                                              We provide useful and timely information to each actor of
                                                                                          the agricultural value chains in a scalable, inclusive, and cost-
        decision making                                                                   effective manner.

                                                                                          TARGET MARKET
                                                                                          Our target customers are agri-research centers and
                                                In two years, we have                     agribusinesses who need to communicate their practices,
                                                                                                                                                                       INVESTMENT REQUIRED
                                                                                                                                                                       Extensio is seeking $500,000 of equity
                                                 provided actionable                      products, and price information to both farmers and technical
                                                                                          engineers, as well as receive information from the field. Our
                                                                                                                                                                       funding to develop its platform and support
                                                                                                                                                                       its working capital needs to fuel the
                                             information to over 13,000                   beneficiaries are small- and medium-holder farmers in Latin
                                                                                                                                                                       business’s growth in the first 6 months of
                                                                                          America, who need critical information for decision making. We
                                            farmers in 20 Mexican states,                 have over 200 potential clients in Mexico alone and a beneficiary
                                                                                                                                                                       2019. That investment will enable us to reach
                                                                                                                                                                       20,000 farmers by the end of 2019.
                                                 thus impacting over                      pool of 2.6M small- and medium-holder farmers with mobile
                                                                                          access in Mexico. We target to reach 125,000 farmers in 2021
                                                  150,000 persons.                        and work with 35 business clients.

“ ”
                                                                                          VALUE PROPOSITION                                                            IMPACT TO DATE
                                                                                          Extensio provides farmers actionable information to reduce
                                                                                                                                                                       •     Over 13,000 beneficiaries in 20 Mexican
     Extensio’s text messages                                                             uncertainty, apply best practices, and negotiate better terms,
                                                                                                                                                                             states
                                                                                          directly from their phones and in the right moment to enable
  help remind the good practices                                                          decision-making. As a result, this increases farmers’ yields,
                                                                                                                                                                       •     97% want to pursue receiving the service
 and reinforce our extension work.                                                                                                                                     •     76% share the information with 3 other
                                                                                          profits, and standard of living.
                                                                                                                                                                             persons
                                                                                                                                                                       •     Each impacted farmer (directly or
                                                                                                                                                                             indirectly) represents a household
                                                                                                                                                                             average of 4 people.

 —Technical agent in Oaxaca, Mexico

MANAGEMENT TEAM                                HEADQUARTERS        Mexico City, Mexico
                                                                                                 MILESTONES                               GROWTH PLAN                                KEY AWARDS
                                                IMPACT REGION      Mexico
                                                  ESTABLISHED      2015                        2016: Obtained $150,000 from              2021: Have 125,000 direct service         2017: Top 4 Digital Social
                                                         TYPE      For-profit                  USAID and $60,000 from INADEM             users                                     Innovation Company in Latin
                                                                                                                                                                                   America (over 100 initiatives
                                                       SECTOR      Agriculture &                                                                                                   studied by ESADE Business School,
                      DIANA POPA                                   Fishing, Information        2017: Reached operational                 2021: Impact over 1,000,000               Barcelona, Spain)
                      CEO                                          & Communication             break-even                                people in rural Mexico
                                                                   Tech
                                            2017 EARNED REVENUE    $150,000
                                                                                                                                         2021: 35 business clients in Mexico
                                              2017 OTHER REVENUE   $20,000                     2018: Reached 13,000 direct users         and Latin America
                                               MAJOR FUNDERS       Sales (CIMMyT,
                                                                   ABInBev) & grants
                                                                   (USAID, INADEM)
                                                        STAGE      Prepare
                                                    EMPLOYEES      5
                                                   VOLUNTEERS      1
                                                                                                                                                                                                    WWW.SCU.EDU/MillerCenter
                                                                                                                                                                                         2018 INVESTOR PROFILE

CONTACT US                www.extensio.mx   +521 (551)490-3387     diana@extensio.mx      CONNECT                                           https://www.linkedin.com/company/extensio-mexico/
                                                                                                                                                                                                                               22
Gameheads is a tech training
                                                                                                     ABOUT US
 program that uses video game design,                                                                We use video game design, development and DevOps (IT)
 development and DevOps to develop                                                                   training to engage, train and empower low-income youth and
  diverse talent and bold new voices,                                                                youth of color ages 11 to 25 in the Bay Area. We use a student
                                                                                                     centered learning approach that combines tech and design
  train young people (ages 11-25) for                                                                training, educational counseling, professional development and
   the tech eco-system, and prepare                                                                  career pipelines into paid work. We currently serve our students
 them for college, career and civic life.                                                            through three separate programs: Gameheads: Middle School, a
                                                                                                     game design bootcamp focused on 11-14 year olds; Gameheads:
                                                                                                     Classic, which focuses on game design and development from
                                                                                                     the ground up; and Gameheads: DevOps, a IT training program
                                                                                                     which prepares 18-25 year olds for paid work.

                                                       We provided training in video                                                                                            INVESTMENT REQUIRED
                                                                                                     TARGET MARKET
                                                        game design, development                     We serve low income, students of color in the East Bay.
                                                                                                                                                                                We are currently seeking $250k in grants by
                                                                                                                                                                                the end of the fiscal year.
                                                       and DevOps to 350 students                    According to the U.S. Department of Education there are
                                                                                                     roughly 163,000 students that fit this description in Alameda
                                                                 in 2017.                            and Contra Costa county. We are currently serving 0.1% of
                                                                                                     our target demographic. We will increase our impact to 2% of
                                                                                                     the population in 2-3 years. Program participants are reached
                                                                                                     through our recruitment partners, local high schools, and                  IMPACT TO DATE
                                                                                                                                                                                •   In three years, we have reached 850 total

“ ”
                                                                                                     neighboring organizations that do similar work and through our
                                                                                                     annual events.                                                                 program participants. Our students have
                                                                                                                                                                                    created 40 total video games with ten
I had an opportunity to attend the EA Spawn                                                                                                                                         currently in production.
Point Video Game Presentations. Gameheads                                                                                                                                       •   50% of our adult students are currently
                                                                                                     VALUE PROPOSITION                                                              enrolled in post-secondary education and
     represented! Sasha and Jude’s team                                                              Gameheads provides a holistic tech program that uses hands-on                  2.3% have earned their undergraduate
presentation, concept and business plan were                                                         game design and development, and DevOps training to engage,                    degree.
  on point! I spoke with a few of the EA team                                                        prepare and empower low-income students and students of                    •   18.07% of our adult students are currently
  members after the presentations and they                                                           color in the East Bay. By creating aspiring game developers,                   employed at companies Adobe, Rally
                                                                                                     college graduates in STEAM fields, and experienced tech                        Health, TekPerfect or working on the GIVE
spoke highly of the Gameheads students. You
                                                                                                     workers, we create a diverse pipeline into the tech industry,                  TV show contract through our software
 are preparing them well. Hats off to you and                                                        unlike organizations like Girls Make Games or the David E. Glover              business.
     your team. Keep doing what you do!                                                              Center.

                —Yolanda Williams, parent

 MANAGEMENT TEAM                                           HEADQUARTERS Oakland, California,
                                                                          United States
                                                                                                            MILESTONES                            GROWTH PLAN                               KEY AWARDS
                                                                                                       2016: Secured startup funding ($80k)       In 2-3 years: Increase our impact
                                                            IMPACT REGION United States                from Echoing Green                         from 0.1% of our demographic to 2%
                                                                                                                                                                                          2016: Echoing Green Black Male
                                                                                                                                                  (3,000 program participants).
                                                              ESTABLISHED 2015                         2016: Opened two additional                Increase our staff, including:
                                                                                                                                                                                          Achievement Fellow
                                                                     TYPE Hybrid                       programs: Gameheads: DevOps and            DevOps Instructor, Program
                                                                                                       Gameheads: Middle School, which            Manager, and Program Coordinator
                   DAMON PACKWOOD                                   SECTOR Education, Video            serves students in Oakland and                                                     2014 & 2016: ESA LOFT Innovation
                   Co-Founder, Executive Director                                                                                                 in year 1 & a Development Director
                                                                           Game Design,                Richmond                                                                           Fellowship Winners
                                                                                                                                                  in year 2.
                                                                              Software                 2017: Established a career pipeline        Increase earned revenue from our
                                                        2017 EARNED REVENUE $49,598                    partnership with Electronic Arts           middle school program and DevOps
                                                                                                                                                                                          2017: 2 NCWIT Aspirations in
                                                                                                       Secured a professional software            services to cover 55%-57% of total
                                                         2017 OTHER REVENUE $51,024                                                                                                       Computing awards
                                                                                                       development contract with NBC              staff cost by year 1, and 93%-99.9%
                                                          MAJOR FUNDERS The CA                         television show, GIVE, which allows        by year 2.
                                                                        Endowment,                     us to provide paid work to qualified       2020: Increase in staff will allow
                                                                                                       students in mobile app development,        allow us to serve more students,
                                                                        Echoing Green,                                                            increasing our impact by 75%.
                                                                                                       IT, design, game design /
                                                                        donors, sponsors               development, & project management          2020: Increased students will allow
                                                                  STAGE Scale                          Provided direct trainings to 350 low-
                                                                                                                                                  production of 20 more culturally-
                                                                                                                                                  rich interactive video games/yr, and
                                                              EMPLOYEES 1                              income students of color ages 11-25
                                                                                                                                                  produce our 1st commercial video                         WWW.SCU.EDU/MillerCenter
                                                                                                       since 2015
                                                             VOLUNTEERS 35                                                                        game, distributed on Google Play.             2018 INVESTOR PROFILE

 CONTACT US                     gameheadsoakland.org   (415) 235-5645   damon@gameheadsoakland.org   CONNECT                                   /gameheads                @WeAreGameheads              Gameheads
                                                                                                                                                                                                                                  24
ABOUT US
     Maximizing the impact of                                                            Gooddler offers an innovative tech solution to organizations
     humanitarian assistance                                                             working in aid and development to maximize the effectiveness
                                                                                         of their work and multiply the impact by utilizing local resources
                                                                                         for goods donations.

                                                                                         GOODdler digitizes inventory of local retailers and farmers and
                                                                                         allows providers of humanitarian assistance to create wishllists
                                                                                         based on the specific needs of beneficiaries, thereby minimizing
                                                                                         waste.

                                                  We helped 60 charitable
                                                organizations maximize their             TARGET MARKET
                                                                                         164 million people required humanitarian assistance in 2016 with             INVESTMENT REQUIRED
                                                 impact by providing them                thousands of organizations are working to provide necessary
                                                                                                                                                                      $500K for 2018 to scale operations in US
                                                                                         assistance, spending USD$27.5, of which USD$6.9 came from
                                                  with over $150K worth of               private donors (up from previous years)
                                                      goods donations.

“ ”
                                                                                         VALUE PROPOSITION
                                                                                         For organizations providing humanitarian assistance who                      IMPACT TO DATE
  I was able to thank the donor for not only                                             want to eliminate waste, expand outreach, and maximize the
                                                                                                                                                                      Through our work with 60 partner charities,
    supporting the business but also their                                               effectiveness and impact of donations, Gooddler offers an
                                                                                                                                                                      we were able to reach over 100,000 people
                                                                                         innovative solution that allows INGOs to connect directly to
support of EBC and offered for them to come                                              local suppliers for the fulfillment and management of goods
                                                                                                                                                                      who received goods donations from over
 tour our facility to learn more about us. We                                                                                                                         1,000 donors.
                                                                                         donations. Unlike our competitors, we build a sustainable,
   LOVE GOODdler and how it’s helping us                                                 localized supply chain infrastructure and allow NGOs to provide
connect with donors we had but never knew!                                               supporters with a transparent process of donating goods.

           —Ashley, Eastside Baby Corner

 MANAGEMENT TEAM                                    HEADQUARTERS Daly City, CA, USA             MILESTONES                             GROWTH PLAN                                KEY AWARDS
                                                     IMPACT REGION Worldwide
                                                                                             Finished building the platform for        By the end of 2018: Scale US             2016: Finalist at the World
                                                       ESTABLISHED 2014                      US market, and now we are ready           operations to increase the number        Humanitarian Summit
                                                                 TYPE For-Profit             for scale                                 of active charities in the US to 100
                                                                                                                                                                                2017: “Solutions That Save Lives
                       GALINA FEDOROVA                       SECTOR Humanitarian Aid,        2017: Successfully worked with the        Build a tech solution for 15             & Support Development” Aid and
                       Co-Founder, COO                              Disaster Recovery        CA government on Disaster                 international partners in areas of       International Development Forum
                                                                                             Recovery initiatives                      Humanitarian Assistance around           (AIDF)
                                                 2017 EARNED REVENUE   $66,302                                                         the world
                                                                                             Tripled revenue from 2016-2017
                                                                                                                                                                                2016-present: Member of the
                                                   MAJOR FUNDERS TEC Venture,                                                          By the end of 2018: Raise $500k in       “Compact for Young People in
                                                                 Founders                                                              funding                                  Humanitarian Action” (United
                                                                 Investments                                                                                                    Nations)
                                                           STAGE Scale
                                                         EMPLOYEES 3
                                                           PART-TIME 2
                                                                                                                                                                                                 WWW.SCU.EDU/MillerCenter
                                                                                                                                                                                      2018 INVESTOR PROFILE

 CONTACT US                      gooddler.com   1(415)518-0204     galina@gooddler.com   CONNECT                                         /gooddler                                 @gooddler
                                                                                                                                                                                                                        26
Feeding Africa by improving                                                                               ABOUT US
                                                                                                          Grassland Cameroon provides asset-based financing and agro-
   farmer productivity and                                                                                services designed to improve smallholder farmers’ harvests,
 providing superior handling                                                                              reduce their post harvest waste, and supply consistent-quality
                                                                                                          grain to corporate clients for further processing. Our services
services, while creating value                                                                            offer farmers: affordable access to capital, training and extension
                                                                                                          services, and unparalleled drying and storage facilities. We offer
   for all our stakeholders                                                                               our clients large volumes of grain at consistent quality levels that
                                                                                                          they can rely on.

                                                                                                          TARGET MARKET                                                                INVESTMENT REQUIRED
                                                             We have provided training &                  Our beneficiaries are poor, rural smallholder farmers who earn               We are seeking a total investment of
                                                                                                                                                                                       $520,000 in grants and soft loans to finance
                                                                                                          their livelihood from farming, live under $2 a day, and have no
                                                            financing to over 300 farmers                 assets. These farmers have poor access to finance, machinery,                our increasing operations over the next 18
                                                                                                                                                                                       months. A $150,000 grant would go toward
                                                                  and doubled their                       and storage facilities. Their route to markets is unreliable
                                                                                                          and filled with challenges. Globally, there are about 500M                   operations growth and capital expenditure
                                                             productivity to almost 5 tons                smallholder farmers producing millions of tons of grain p.a.                 and the remaining $370,000 would be for
                                                                                                                                                                                       working capital. This investment would
                                                                                                          There are about 13 million such farmers in Cameroon. Our target
                                                                     per hectare.                         clients are large industrial enterprises who use corn as an input            enable us to work with an additional 500
                                                                                                          in production and require high volumes at consistent quality                 beneficiaries in 2019 and 2000 more by 2020,
                                                                                                          standards. The market demand for such corn in Cameroon is                    pushing our overall impact to over 16,000

“ ”
                                                                                                          over 2 million MT per year.                                                  residents in our community.

  ...some of the maize on the farm gets weeviled                                                                                                                                       IMPACT TO DATE
  before it is harvested, because we [keep it too                                                         VALUE PROPOSITION                                                            So far, we have provided credit to 300
 dry on the farms], if we had [warehouses] then                                                                                                                                        farmers, impacting at least 1,800 rural
                                                                                                          Grassland Cameroon Ltd. (GLC) provides asset-based credit and                residents (assuming an average household
 we could harvest earlier and dry before selling.                                                         agro-extension services, which are affordable and accessible for
Instead, we sell at low prices, because there is no                                                                                                                                    size of 6 persons per farmer). These
                                                                                                          poor smallholder maize farmers, and thereby improves farmer                  farmers have seen their yields increase from
market at the right time...when we work with you                                                          productivity and incomes. This is in contrast to government                  1.9 tons per hectare to almost 5 tons per
       and see that [we can receive] fertilizer &                                                         agencies and other NGOs who provide inadequate and                           hectare since joining our program and costs
ploughing assistance to pay afterwards, we know                                                           inconsistent services to farmers.                                            of production have been reduced by over 60
     that the yield will be better and we pay you                                                                                                                                      percent.
                          back…

MANAGEMENT TEAM                                                HEADQUARTERS Douala, Cameroon
                                                                                                                 MILESTONES                              GROWTH PLAN                               KEY AWARDS
                                                             REGION OF IMPACT Cameroon, Africa
                                                                                                              2015: Raised $167,500 in initial           2019: Finance at least 800 farmers      2018: MassChallenge 2018 Finalist
                                                                  ESTABLISHED 2015                            funding                                    and increase yields to up 5 tons per    (withdrew participation)
                                                                                                                                                         hectacre for repeat farmers
                                                                             TYPE For-profit
                        MANKA S. ANGWAFO                                                                      2015: Built Cameroon’s premier             2020: Finance at least 1,600
                        Managing Director                               SECTOR Agriculture &                  grain-handling facility for                farmers and increase yields to up
                                                                                                              post-harvest treatment of corn             to 6 tons per hectacre for repeat
                                                                               Fishing                                                                   farmers
                                                                                                              2017: Unlocked financing for over
                                                             EARNED REVENUE $64,000                           300 maize farmers                          2021: Finance at least 3,200
                                                                                                                                                         farmers & increase yields to up
                                                               MAJOR FUNDERS Friends & Family                                                            to 7 tons per hectacre for repeat
                                                                                                              2018: Kiva credit facility of $45K         farmers
                                                                            STAGE Prepare                     was approved & disbursed

                                                                    EMPLOYEES 6
                                                                                                              2018: Secured markets for over
                                                                   VOLUNTEERS 13                              5,000 tons of corn for 2019
                                                                                                                                                                                                                  WWW.SCU.EDU/MillerCenter
                                                                                                                                                                                                       2018 INVESTOR PROFILE

CONTACT US                       www.grassland-africa.com   +237651977921    manka@grassland-africa.com   CONNECT                                          https://www.linkedin.com/company/grassland-ventures-pcc/
                                                                                                                                                                                                                                         28
Creating a sustainable education
 ecosystem in backward areas by
                                                                                           ABOUT US
  creating local edu-leaders, and                                                          i-Saksham sees local youths emerging as a trained community
  enabling them to improve their                                                           educators. Using digital technology is a critical link to changing
                                                                                           the present-day education ecosystem. i-Saksham mobilizes and
 own education attainment while                                                            develops enterprising local youths, mainly females or differently-
   simultaneously improving the                                                            abled people, from backward areas as community edu-leaders,
                                                                                           and builds their capacity to deliver best pedagogy practices to
 capabilities of children, with the                                                        poor children with the aid of digital technology.
     aid of digital technology

                                                                                           TARGET MARKET
                                                                                           There are approximately 130 million children in India in want of
                                                                                           quality education. 52% of Class 5 children in rural areas are not
                                                                                           able to read grade 2 text books. Only a little over one-third of all
                                                         We have trained 1,000             children who enroll in grade one reach grade eight.
                                                                                                                                                                     INVESTMENT REQUIRED
                                                                                                                                                                     USD 500,000 grant in 3 years
                                                         community educators,
                                                                                           To serve the need of quality education of children in the present
                                                          and reached out to               institutional crisis, over 1 million youths have emerged as
                                                                                           enterprising community educators. i-Saksham builds pedagogy,
                                                           20,000 children.                and leadership skills in these youths to improve capabilities of
                                                                                           children.                                                                 IMPACT TO DATE

“ ”
                                                                                                                                                                     •   i-Saksham has trained 1,000 youths as
                                                                                                                                                                         community educators. and reached out to
                                                                                                                                                                         2,500 children.
   I always struggled to deal with multi-grade                                             VALUE PROPOSITION                                                         •   Improvement in learning level—60% of
                                                                                           i-Saksham builds existing young community educators from                      children by at least 1 grade point in a year
classrooms. Most of my session time was spent
                                                                                           marginalized sections as edu-leaders, and upgrades their                  •   Improvement in life prospects of youths:
 in unproductive activities where children used                                            teaching skills. With the aid of modern pedagogy techniques,                  Increase in their income by at least 25%;
to learn not much. With i-Saksham training and                                             and digital technology, these educators are able to provide                   enhanced avenues to pursue higher
  support I can now feel that I am able to make                                            quality education to children. i-Saksham provides mentoring and               education and realize their aspirations-5
    the difference. With interesting pedagogy,                                             guidance support and enhances further avenues of learning. It                 youths have qualified for higher education
      teaching learning materials, and digital                                             leads to better life prospects of these youths. The services are              in prestigious colleges throughout the
                                                                                           delivered in backward areas at low cost, and flexible timings                 country.
    content, I am able to engage children and
                                                                                           which reduces the opportunity cost to attend.
         improve their learning outcomes.

  — Sonam Kumari, community educator

 MANAGEMENT TEAM                                        HEADQUARTERS Delhi, India                 MILESTONES                              GROWTH PLAN                              KEY AWARDS
                                                        IMPACT REGION India
                                                           ESTABLISHED 2015                    2016: Obtained USD$300,000                 2020: Train 5,000 community            2015: Top 5 proposals under ‘Skill
                                                                                               grant commitment from NSDC to              educators, and create 1,000            Innovation Initiative’ organized by
                                                                    TYPE Non-profit/NGO        train 50,000 youths as community           community edu-leaders                  National Skill Development Agency,
                          RAVI DHANUKA                                                         educators over 10 years                                                           Ministry of Skill Development &
                                                                SECTOR Education, ICT                                                                                            Entrepreneurship
                          Co-Founder & Director                                                                                           2021: Create an alumni
                                                     2017 EARNED REVENUE   $3,000              2017: Launched a youth                     engagement model to provide            2016: Invited by Centre Innovation
                                                                                               edu-leadership fellowship                  enhanced avenues to edu-leaders        of Public Systems to present i-
                                                      2017 OTHER REVENUE   $75,000             program to handhold meritorious            to pursue their aspirations            Saksham model of delivering e
                                                                                               educators for 2-3 years                                                           ducation services in backward
                                                       MAJOR FUNDERS Crowd-funding, IIM
                                                                                                                                          2022: Build a model to create 1000     areas.
                                                                     B and NSDC grants         2018: Trained 1,000 educators, 5           student leaders and develop as         2017: Selected for incubation by
                                                               STAGE Validate                  fellows qualify for higher                 prospective edu-leaders of             NSRCEL, IIM B
                                                                                               education in top prestigious               tomorrow
                                                            EMPLOYEES 12                       colleges in the country

                                                           VOLUNTEERS 5

                                                                                                                                                                                                   WWW.SCU.EDU/MillerCenter
                                                                                                                                                                                       2018 INVESTOR PROFILE

 CONTACT US                     www.i-saksham.org   +919199018050     ravi@i-saksham.org   CONNECT                               /iSakshamWork           @isakshamwork         i-Saksham Education & Learning Initiative
                                                                                                                                                                                                                           30
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