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2023 Impact Report
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PROGRAMS

Details & Impact Through 2023

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Seed delivers world-class business training and supportive resources to founders and CEOs in over 37 countries across Africa and South Asia, helping them increase revenues, create jobs, and positively impact people and the planet.

Seed Transformation Program (STP)

SCALE

The STP helps established enterprises scale to exponential growth. It’s our flagship 10-month leadership program for CEOs / founders and their management teams to help identify growth opportunities and implement an action plan to transform their business. The in-person and online program is designed for sub-Saharan African and South Asian companies with revenue between $300K — $15M.

Sarah Soule coaching STP participants

STP Impact Highlights3

OVER THE LAST DECADE...

Growing a Social Enterprise in India

Ankit Agarwal, who participated in the STP in 2019, shares the story of the flower recycling business he created and the impact it is having on the Ganges River and the female workers he employs.

Seed Transformation Network (STN)

CONNECT

The STN partners with leaders who have completed the Seed Transformation Program to keep scaling by supporting collaboration and networking with other Seed companies. The program provides ongoing leadership and project-based support from Seed coaches, consultants, and Stanford student interns. This global network of like-minded business leaders is also catalyzing an entrepreneurial ecosystem by providing mentorship to entrepreneurs from Seed Spark and Aspire.

Seed Transformation Network participants at red carpet event

STN Impact Highlights5

OVER THE LAST DECADE...

Country-by-Country Impact

An interactive map to discover the impact being made by Seed Transformation Network entrepreneurs by country.

To protect anonymity, impact data is not disclosed when there are fewer than 5 companies in a country's dataset. This map contains self-reported, non-extrapolated data reported by STP companies through the Class of 2022. To learn more about the borders this map utilizes, click here.

Aspire

GROW

Aspire helps small, growing companies formalize their business structures and professionalize their operations
to drive growth. It’s a six-month online business growth program to equip entrepreneurs with the core skills, tools, and strategies to thrive. The program is offered in partnership with the African Management Institute. The program is designed for African companies with revenue between $30K — $400K.

Aspire Impact Highlights6

Since program inception...

Meet the Aspire Program Participants

Creating a business is hard work. And growing it requires even more effort, acumen, and resilience. Hear from past participants of the Aspire Business Growth Program about how the program helped them develop the practical skills and strategies to grow their businesses.

Seed Spark

LAUNCH

Seed Spark helps early-stage startups create and clarify their value proposition, go-to-market strategy, and profit model. It’s a five-month online training program for high-potential entrepreneurs offered in collaboration with incubators, accelerators, and other entrepreneurial support organizations in Africa and South Asia. The program is designed for pre/early-revenue companies.

Seed Spark Impact Highlights8

Since program inception

Spark Network Meet & Greet

Bengaluru, India

3 STP and STN impact data are based on self-reported, non-extrapolated survey data collected from 79% of the 805 firms that completed the Seed Transformation Program through 2022. Includes data from shut down firms when available.
4 In primary reported currency
5 STP and STN impact data are based on self-reported, non-extrapolated survey data collected from 79% of the 805 firms that completed the Seed Transformation Program through 2022. 6 Based on survey data collected from 55% of 94 firms 1-2 years following program completion (Aspire cohorts 1-4). 7 In primary reported currency 8 Based on survey data collected from 63% of 351 firms 1-2 years following program completion (Spark South Asia cohorts 1-5). Program pilots in East and West Africa are currently being evaluated.
9 IBM – Entrepreneurial India