The Argidius Foundation and the Aspen Network of Development Entrepreneurs (ANDE) declared Amani Institute the winner of the Argidius-ANDE Talent Challenge (AATC). Amani Institute’s award-winning leadership program provides an innovative and highly effective leadership development solution that creates value for Small and Growing Businesses (SGB) that leads to immediate improved business results.
Finding talented managers is a critical challenge for entrepreneurs everywhere, but it is especially difficult in emerging markets. To help overcome this hurdle, the Argidius Foundation and the Aspen Network of Development Entrepreneurs (ANDE) launched the talent challenge in 2016 to identify highly promising solutions to human capital constraints in key emerging markets worldwide and provide seed funding to scale these models. An expert panel of SGB sector professionals selected the 5 winners from more than 85 applicants based on the clarity, feasibility, capacity, expected impact and scalability of the proposed solution.
As one of five winners of the first round of the Challenge, Amani Institute successfully launched the Amani Leadership and Management for Impact (ALMI) program in 2017. Since its inception the program has trained 130 middle and senior managers from 50 Small and Growing Businesses in East Africa. Nearly one in three companies that send one manager to this program end up sending more managers after that – a testament to the program’s effectiveness.
Following an intensive evaluation of the five programs which won the first round of the AATC, Argidius Foundation and ANDE today announced that the ALMI program by Amani Institute is the grand prize winner. As a result, Argidius Foundation will provide Amani Institute a grant of EUR 1,000,000 to support scaling up the project to India and Brazil, while continuing to grow in East Africa.
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