EGI takes ideas & informal businesses and turns them into formal operations that can receive investment
We find the most promising Haitian entrepreneurs, train them and connect them to top investors and businesspeople who serve as mentors. Together with the entrepreneurs and mentors we create formal small businesses and find 1st level funding.
We were founded in 2005 in the aftermath of the 2004 crisis and work with entrepreneurs in the greater Port-au-Prince area.
I think that if more people had the opportunity to participate in something like this it would make a difference in Haiti James St Fort, EGI class 2011
Sandal manufacturing enterprise.
Offers OpenSource software solutions for small and medium enterprises
Expanding current internet cafe to teach computer skills to high school students
Expansion of existing chicken production enterprise to include egg and feed production. This enterprise is a formal partnership between an EGI entrepreneur and one of the most prominent members of the Haitian private sector.
We’re setting up an investment fund to provide seed financing for selected businesses. Invest in this fund and help our entrepreneurs to create sustainable growth in Haiti.
Interested in sharing your time and skills with Haitian entrepreneurs? Reach out to us about mentoring a business or teaching a work shop.
For seven weeks EGI entrepreneurs worked with their designated mentors and developed their business plans. They shortened the plans to one page presentations, accompanied by a three-minute video pitch of their individual enterprises. After about three weeks I received a message from Felder’s mentor, John Henry, asking if he could get a pair of sandals. The order was placed for a handmade pair of sandals made of only Haitian materials and John was able to wear them during his presentation of Collibel.
On April 30th the six Notre Dame students presented the six EGI Haiti businesses in the hopes that one would win the cash prize. We followed the live tweets of each presentation and waited anxiously for the results; constantly refreshing the twitter feed! Finally it came. They announced that Felder had won the USD5,000 prize and that there was such a close tie with Guetchine’s ArtMagg that they added a USD1,500 second place prize!
Felder’s company is one of the first EGI businesses and he remains active with our events and our trainees, acting as a guide for some. Guetchine was the only woman of her 2012 cohort and has held on very strongly to ArtMAgg and it has come a very long way in two years.
This is still very much a success story for the four remaining businesses from the competition. They were able to organize not just their business plans but their ideas and models as well. With the support of the Notre Dame students, the entrepreneurs are more confident in their ideas and will continue working on them with the help of two Notre Dame interns who will be joining EGI over the summer!
Congratulations to Felder and Guetchine!