Events & AwardsJul 11, 2022
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Diamonds Do Good Announces Inaugural Entrepreneurship Grant Winners
Its partnership with United People Global provides $100,000 to support entrepreneurs in diamond-producing countries across Africa.
Diamonds Do Good has announced the winners of its inaugural entrepreneurship grants awarded to 10 entrepreneurs from diamond-producing countries across Africa.
New York—Diamonds Do Good has announced the winners of its inaugural entrepreneurship grants.
The grants come from a $100,000 partnership with United People Global to provide financial support and business expertise to promising entrepreneurs in natural diamond-producing countries across Africa.
The 2022 Diamonds Do Good Entrepreneurship Grants were awarded to 10 entrepreneurs from Botswana, Democratic Republic of the Congo, Guinea, Sierra Leone, South Africa, and Zimbabwe.
Most of the winners were awarded $5,000 grants, with one winning a $10,000 grant and another a $20,000 grant.
The entrepreneurs work in industries ranging from agriculture to transportation to reforestation, all that positively impact their local communities.
Over 1,400 entrepreneurs applied for the #UPGBiashara program. Twenty were then chosen to pitch their business ideas in “Shark Tank”-type interactions and make their claim for the Diamonds Do Good Entrepreneurship Grant.
“Entrepreneurs make the world a better place and it is wonderful that the Diamonds Do Good Entrepreneurship Grant brings this understanding to life,” said Yemi Babington-Ashaye, president of United People Global.
Diamonds Do Good officially announced the winners on Monday, which was Nelson Mandela Day, chosen deliberately to emphasize the historic connection between Diamonds Do Good and Mandela, who urged the founding of the organization over 15 years ago.
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