29 Sep 2022
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Diamonds Do Good® Announces Inaugural Entrepreneurship Grant Winners
On Nelson Mandela’s Birthday, the world learned the winners of the Diamonds Do Good® Entrepreneurship Grants, a $100,000 partnership with United People Global (UPG) to support entrepreneurs in natural diamond producing countries across Africa
By: Diamond World News Service
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Jul 19 2022 9:24PM
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Reference: 26442  

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The auspicious date was chosen deliberately for the historic connection between Diamonds Do Good® and the great Nelson Mandela who urged the founding of the organization over 15 years ago. Diamonds Do Good® recognizes the importance of providing access to capital through a small amount of money invested in businesses driven by entrepreneurs. In keeping with its mission of supporting initiatives that develop and empower people in diamond communities worldwide, Diamonds Do Good® aims to help build and nurture entrepreneurs that are powering the future of their communities by creating jobs and providing goods and services with a positive impact on their communities.

The Diamonds Do Good® Entrepreneurship Grant provides financial support and business expertise to promising entrepreneurs. The 2022 Diamonds Do Good® Entrepreneurship Grant was won by 10 entrepreneurs from diamond-producing countries in Africa including Botswana, the world’s largest producer of gem quality diamonds, DR Congo, Guinea, Sierra Leone, South Africa and Zimbabwe.

“Diamonds Do Good® believes in the strength of community. By supporting entrepreneurs, we are helping shape a sustainable future for all,” said Nancy Orem Lyman. Executive Director, Diamonds Do Good ®.

The largest award of $20,000 was announced by Her Excellency Mrs Neo Jane Masisi First Lady of the Republic of Botswana.  The majority of winners were awarded $5,000 grants with one winning a $10,000 grant and another a $20,000 grant.  The entrepreneurs ranged from agriculture to transportation to reforestation – all sustainabily impacting their local community.

Over 1,400 entrepreneurs applied for selection into the #UPGBiashara program. Thereafter 20 chosen entrepeneurs pitched their business ideas in “Shark Tank”-type interactions to make their claim for the Diamonds Do Good® Entrepreneurship Grant.

“Entrepreneurs make the world a better place and it is wonderful that the Diamonds Do Good ® Entrepreneurship Grant brings this understanding to life,” said Yemi Babington-Ashaye, President, United People Global.

 

 

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