Call Us at +231886940395
Call Us at +231886940395
What We Fund
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About LESSAT Funding
We pay special attention on investing in human potential, sustaining health and our environment, improving global economies and promoting quality education.
We value the idea of locals helping locals. Our preference, when possible, is the Field Office model. In the process, we bring needed employment, develop local expertise and operate as an economic engine in the countries and communities where we work. Our offices set up local boards for accountability and council. Local staff are empowered to manage the local organization, with high degree of accountability. We mentor and train local staff to develop their capacity. Partnerships are also developed for relief and development that will be sustained locally. In summary, our humanitarian work benefits the local economy and avoids being colonial.
What type of Funding LESSAT Provides
We provide funding primarily in six areas: Business and Industrial revolution; Agriculture, Food Safety and Security; Humanitarian assistance; Education Development; grooming Civil Society
This is the heading
Small and medium enterprises in definition varies by country and institution. For example, in defining SMEs the European Union and World Bank Group focus on quantitative factors such as firm assets and employment levels. However, defining firms based on size is too limiting for our purposes. The SME Program focuses on funding transformational SMEs rather than subsistence SMEs – that is, those businesses with the capacity to innovate, compete, and grow. Some of these transformational businesses may be micro by a headcount definition; as such, our funding agenda does not follow strict criteria for firm size.Small and medium enterprises (SMEs) are widely seen as engines of economic growth. In developing countries, SMEs provide over 70% of formal jobs on average. SMEs are also thought to promote poverty alleviation and long-term economic growth through improved productivity, innovation, and social mobility. However, SMEs face constraints to growth that are particularly binding in developing countries.In an effort to unlock the SME sector’s potential, Anonymous Hope Fund and other institutions spend billions of dollars every year on programs aimed at reducing the barriers to growth for SMEs. However, high-quality research on which programs successfully address the constraints to SME growth is limited, leaving decision makers without clear guidance on which programs and policies to support. There is an urgent need for evaluation of SME promotion programs in order to help steer investments to the most effective practices. To achieve this, closer collaboration between the worlds of research and policy is necessary.
This is the heading
Small and medium enterprises in definition varies by country and institution. For example, in defining SMEs the European Union and World Bank Group focus on quantitative factors such as firm assets and employment levels. However, defining firms based on size is too limiting for our purposes. The SME Program focuses on funding transformational SMEs rather than subsistence SMEs – that is, those businesses with the capacity to innovate, compete, and grow. Some of these transformational businesses may be micro by a headcount definition; as such, our funding agenda does not follow strict criteria for firm size.Small and medium enterprises (SMEs) are widely seen as engines of economic growth. In developing countries, SMEs provide over 70% of formal jobs on average. SMEs are also thought to promote poverty alleviation and long-term economic growth through improved productivity, innovation, and social mobility. However, SMEs face constraints to growth that are particularly binding in developing countries.In an effort to unlock the SME sector’s potential, Anonymous Hope Fund and other institutions spend billions of dollars every year on programs aimed at reducing the barriers to growth for SMEs. However, high-quality research on which programs successfully address the constraints to SME growth is limited, leaving decision makers without clear guidance on which programs and policies to support.
This is the heading
Small and medium enterprises in definition varies by country and institution. For example, in defining SMEs the European Union and World Bank Group focus on quantitative factors such as firm assets and employment levels. However, defining firms based on size is too limiting for our purposes. The SME Program focuses on funding transformational SMEs rather than subsistence SMEs – that is, those businesses with the capacity to innovate, compete, and grow. Some of these transformational businesses may be micro by a headcount definition; as such, our funding agenda does not follow strict criteria for firm size.Small and medium enterprises (SMEs) are widely seen as engines of economic growth. In developing countries, SMEs provide over 70% of formal jobs on average. SMEs are also thought to promote poverty alleviation and long-term economic growth through improved productivity, innovation, and social mobility. However, SMEs face constraints to growth that are particularly binding in developing countries.In an effort to unlock the SME sector’s potential, Anonymous Hope Fund and other institutions spend billions of dollars every year on programs aimed at reducing the barriers to growth for SMEs. However, high-quality research on which programs successfully address the constraints to SME growth is limited, leaving decision makers without clear guidance on which programs and policies to support. There is an urgent need for evaluation of SME promotion programs in order to help steer investments to the most effective practices. To achieve this, closer collaboration between the worlds of research and policy is necessary.
This is the heading
Small and medium enterprises in definition varies by country and institution. For example, in defining SMEs the European Union and World Bank Group focus on quantitative factors such as firm assets and employment levels. However, defining firms based on size is too limiting for our purposes. The SME Program focuses on funding transformational SMEs rather than subsistence SMEs – that is, those businesses with the capacity to innovate, compete, and grow. Some of these transformational businesses may be micro by a headcount definition; as such, our funding agenda does not follow strict criteria for firm size.Small and medium enterprises (SMEs) are widely seen as engines of economic growth. In developing countries, SMEs provide over 70% of formal jobs on average. SMEs are also thought to promote poverty alleviation and long-term economic growth through improved productivity, innovation, and social mobility. However, SMEs face constraints to growth that are particularly binding in developing countries.In an effort to unlock the SME sector’s potential, Anonymous Hope Fund and other institutions spend billions of dollars every year on programs aimed at reducing the barriers to growth for SMEs. However, high-quality research on which programs successfully address the constraints to SME growth is limited, leaving decision makers without clear guidance on which programs and policies to support. There is an urgent need for evaluation of SME promotion programs in order to help steer investments to the most effective practices. To achieve this, closer collaboration between the worlds of research and policy is necessary.
This is the heading
Small and medium enterprises in definition varies by country and institution. For example, in defining SMEs the European Union and World Bank Group focus on quantitative factors such as firm assets and employment levels. However, defining firms based on size is too limiting for our purposes. The SME Program focuses on funding transformational SMEs rather than subsistence SMEs – that is, those businesses with the capacity to innovate, compete, and grow. Some of these transformational businesses may be micro by a headcount definition; as such, our funding agenda does not follow strict criteria for firm size.Small and medium enterprises (SMEs) are widely seen as engines of economic growth. In developing countries, SMEs provide over 70% of formal jobs on average. SMEs are also thought to promote poverty alleviation and long-term economic growth through improved productivity, innovation, and social mobility. However, SMEs face constraints to growth that are particularly binding in developing countries.In an effort to unlock the SME sector’s potential, Anonymous Hope Fund and other institutions spend billions of dollars every year on programs aimed at reducing the barriers to growth for SMEs. However, high-quality research on which programs successfully address the constraints to SME growth is limited, leaving decision makers without clear guidance on which programs and policies to support. There is an urgent need for evaluation of SME promotion programs in order to help steer investments to the most effective practices. To achieve this, closer collaboration between the worlds of research and policy is necessary.
This is the heading
Small and medium enterprises in definition varies by country and institution. For example, in defining SMEs the European Union and World Bank Group focus on quantitative factors such as firm assets and employment levels. However, defining firms based on size is too limiting for our purposes. The SME Program focuses on funding transformational SMEs rather than subsistence SMEs – that is, those businesses with the capacity to innovate, compete, and grow. Some of these transformational businesses may be micro by a headcount definition; as such, our funding agenda does not follow strict criteria for firm size.Small and medium enterprises (SMEs) are widely seen as engines of economic growth. In developing countries, SMEs provide over 70% of formal jobs on average. SMEs are also thought to promote poverty alleviation and long-term economic growth through improved productivity, innovation, and social mobility. However, SMEs face constraints to growth that are particularly binding in developing countries.In an effort to unlock the SME sector’s potential, Anonymous Hope Fund and other institutions spend billions of dollars every year on programs aimed at reducing the barriers to growth for SMEs. However, high-quality research on which programs successfully address the constraints to SME growth is limited, leaving decision makers without clear guidance on which programs and policies to support. There is an urgent need for evaluation of SME promotion programs in order to help steer investments to the most effective practices. To achieve this, closer collaboration between the worlds of research and policy is necessary.