Snapshot: SEED on Developing Entrepreneurship in Africa

| November 20, 2014
Entrepreneurship

Back: Ambassador George Herbert Walker, SEED co-founder Robert E. King, SEED executive director Tralance Addy. Front: SEED co-founder Dorothy King, Carol Walker, Walker School Dean Benjamin Akande.

More than 75 students, staff, alumni and community members joined the George Herbert Walker School of Business & Technology in welcoming Robert E. and Dorothy King, the founders of the Stanford Institute for Innovation in Developing Economies (SEED), and Tralance Addy, SEED’s executive director, to Webster University on Nov. 18.

SEED was founded in 2011 as a result of the Kings’ $150 million gift to Stanford University. Today, its programs support West Africa’s booming population of more than 300 million people, of which nearly 70 percent of the population lives on less than two dollars per day.

Through initiatives designed to stimulate economic opportunities—including job creation—and the acceleration of new businesses, SEED is helping to bridge a critical gap in global efforts to address prosperity.

“Our programs help businesses translate informal systems into reliable systems that have the capacity to improve the communities,” Addy said.

Benjamin Akande, dean of the Walker School, expressed his appreciation for the organization’s work to transform lives through innovation and entrepreneurship.

“As a native of Nigeria, I am deeply connected to this initiative,” Akande said. “I have a profound appreciation for what SEED is doing to help my bigger family – the people of West Africa.”

Read more from the event at the Walker School’s blog.

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Category: Alumni, Campus Snapshots, Faculty, St. Louis Campus News

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