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2023 Impact Report
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A Decade of

IMPACT

Down Arrow

The cumulative impact of the entrepreneurs participating in Seed programs for the last decade has been far reaching, moving beyond the company level, to include families, communities, and countries.

1.5 billion dollars in capital secured by enterprises
1.4 billion dollars additional revenues generated in local economies
1 Includes full-time, part-time and temporary jobs
2 We applied indirect job estimates (based on published multipliers) to the direct jobs created. We then multiplied direct and indirect jobs by published household member data to arrive at family members benefitted.

We are constantly using Stanford materials to review our business and the Network helps to keep us always fired up. I feel that my progress is linked to a constant and continuous attachment to Stanford.”

Samuel Appenteng | Managing Director | Joissam
Participated in the 2014 Seed Transformation Program

Promoting Greater Gender Equality

Seed Women Leaders in 2023

Seed Spark South Asia

Archana Doshi
CEO & Founder | Archana's Kitchen 2023 Cohort

Aspire

Yaa Obenewaa Okudzeto
CEO | Built Services Consult
2021 Cohort

Seed Transformation
Program

Matsotso Vuso
Managing Director | Nyamezela Metering
2023 Cohort

She Means Business

Hear from Seed Transformation Network female CEOs/founders and discover the unique challenges they face in starting and running a business. Stanford Graduate School of Business faculty members Margaret Ann Neale, professor of management, emerita, Deborah H. Gruenfeld, social psychologist and professor of organizational behavior, and Allison Kluger, lecturer in management, analyze the unspoken nuances of navigating the world of business as a woman.

Contributions
to UN Sustainable Development Goals

Seed also measures its impact based on how many STP leaders are contributing to United Nations Sustainable Development Goals. Here are results from our 2023 Annual Survey.

A Deepening Focus on Climate Action

Meet Delali Pearce-Kporha, founder and director of Macht Energy, who participated in the Aspire program in 2021. His Ghana-based company is on a mission to make every African energy independent.

Macht Energy consults, designs and installs energy efficient systems, with a focus on optimizing power quality. This helps their customers reduce power demand, incorporate renewable energy systems, and ultimately attain energy independence.

“We believe that poverty is an issue of energy poverty,” Delali says. “Once you give people the tools and ability to be energy independent, we think that you would have solved that poverty issue.”

“We entered the Aspire program right after COVID-19,” Delali says. “One of the things that Aspire did for us was to allow us to plan for disasters and to plan for the unknown… and the things that we started to implement are the things that have saved us in these times.”

Prior to pursuing the Aspire program, Delali admits that he wasn’t as efficient as he should’ve been as a manager. Now, he says “the Aspire program made me become somebody who is constantly evaluating and monitoring my progress against the goals that we have set.”

With Africa’s population set to boom over the next several decades, Delali observes: “That is where our opportunity lies. Granting access to reliable, affordable energy to the teeming masses of Africa.”