Please note that the LEAD Business Plan Competition is now closed for new applications.

 

New Business Plan Competition Opened July 20th, 2015

LEAD launched a new round of the Business Plan Competition on July 20th, 2015 for small-to-medium sized enterprises (SME)


Leveraging Effective Application of Direct Investments (LEAD)

 

LEAD aims to attract investment in Haitian commercial enterprises, particularly those with potential for growth, income generation, and job creation, as well as to increase the development impact of remittances invested in community-level social enterprises.

 
 

About Lead

Find out more about what LEAD does, how and where we work, and the activities we take part in.

Invest in Haiti

Ready to take the next step? You can invest in Haiti or participate in the competition yourself.

Winners

Read more about each of our current Grantees and their businesses that LEAD helped grow.

LEAD’s primary activity to promote the mobilization of capital is a business plan competition (BPC) open to entrepreneurs, investors and SMEs in Haiti and abroad that want to create and/or expand commercial activity in Haiti.

For more information about the competition, please see here

For a full list of past winners, please see here

One of LEAD’s key objectives is to promote impactful Diaspora investments in Haiti. LEAD has funded 9 enterprises that are Diaspora-led, and continues to support these enterprises with ongoing technical assistance on issues such as access to markets, product development, and environmental management.

LEAD has organized, through partnerships with Diaspora-based organizations such as the Haitian Hometown Associations Resource Group (HHTARG) and the Haiti Renewal Alliance (HRA), many roadshows in key U.S. cities such as Miami, New York, Boston, Chicago, Miami, Atlanta, and Washington D.C. These roadshows were used to promote the Business Plan Competition, encourage investments in Haiti, and engage the Diaspora to understand how remittances could be leveraged to support private enterprise development.

 In the fall of 2014, LEAD and the HHTARG launched an online survey to members of various Haitian hometown associations throughout the world seeking to understand the barriers to investment. The results of the survey and policy recommendations will be available here at a later date.

LEAD is building upon PADF’s successful “Remittances for Development” methodology by running a competition for its Social Development Fund.

The goal is to leverage Diaspora philanthropy and community-based assets to fund small-scale social development projects. The competition is now closed for applications but the results will be posted later this year.

The project will provide 1:3 funding, for requests between $1,000 and $6,000 for projects that can be implemented within 2 months or less. The projects will be judged on a variety of criteria including social impact, community involvement, feasibility, viability, and sustainability. LEAD’s SDF will only fund projects located within the 3 development corridors of the US Government.

Grantees by Corridor


 

Cap-Haitian 

$1.69M committed in USG funds
Leveraging $2M private capital
11 entrepreneurs, 3 diaspora, 1 woman 
 

St. Marc 

$144k committed in USG funds
Leveraging $168,000 in private capital
2 entrepreneurs, 1 woman 

Port-au-Prince 

$2.78M committed in USG funds
Leveraging $5.1M in private capital
16 entrepreneurs, 6 diaspora, 7 women 
 

Mixed Corridors

$600K committed in USG funds
Leveraging $2.75M in private capital
3 entrepreneurs