Monday, April 6, 2009

Bid Network

Got the following note from our second year student, Karthik Meda.  Thanks for the lead, Karthik.


---------- Forwarded message ----------
From: Karthik Meda


I was recently pointed to this interesting site: It seems like an interesting place for MBAs to volunteer time and help out other entrepreneurs by reviewing business plans. Like the NC Idea biz plan review...only it is online and international ! Thought you might find it interesting could probably distribute the info to a wider audience and if appropriate structure something between Fuqua & the site.

The BiD Network sources and selects business plans of small and medium sized enterprises in emerging markets. BiD Network offers tools to the best entrepreneurs, paving the way for them to access finance.

The BiD Network Foundation offers investor matchmaking services, runs the business plan competition; the BiD Challenge, from ten countries and operates this online business community website:

BiD Network for Entrepreneurs, Professionals, Companies & Investors

BiD Network engages thousands of entrepreneurs, experts and investors from all over the world to stimulate entrepreneurship and economic growth in emerging markets.

What we offer:  Entrepreneurs: access to a worldwide platform to make your business plan visible; receive professional feedback and assistance from business coaches; get exposure to a network of investors, experts and business partners and a chance to win prize money. Investors: unparalleled access to screened and filtered small and medium sized businesses seeking finance. Companies & NGOs: the opportunity to share the competence and expertise network of your organisation with thousands of entrepreneurs in developing countries. Engage your employees, invest in SMEs and get a network, market insight and possible return on investment.  Professionals: the opportunity to make a difference by sharing your business expertise with entrepreneurs as a coach, screener or jury member. Enjoy a wonderful experience with entrepreneurs in emerging markets, broaden your insights and possibly get a stake in a change-making business.

BiD Challenge

The BiD Challenge is an on-line global business plan competition that challenges entrepreneurs to develop and execute innovative business plans with growth potential. We do this to stimulate local economic growth and generate jobs and income in emerging markets. BiD Network operates the BiD Challenge from 10 countries in Asia, Latin America and Africa. Present your Plan

BiD Investor Matchmaking

Small and Medium Enterprises (SMEs) are the backbone of any economy. Better access to equity and finance can stimulate the growth of SMEs, jobs, income levels and economy. Through BiD Network Investor Matchmaking, quality businesses and their entrepreneurs gain access to worldwide finance markets consisting of experienced Angel Investors and SME funds.

BiD Network Investor Matchmaking matches investors with highly committed entrepreneurs from developing countries, seeking from USD 10.000 up to 1 million USD in finance. Most deals range from USD 50.000 to USD 250.000. Equity and other forms of venture capital are preferred Investor Matchmaking


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