Tag Archives: Entrepreneurship

SEID Helping Assured Labor

This past week, SEID members and collaborators Tiago Wright, MBA ’12, Rachel Chung, MBA ’12, Reka Horvath, MBA ’12; Kira Intrator, a Course 4 student; and Pallavi Chaube, significant other of Anand Dass, MBA ’12 were recognized for their contribution to Assured Labor.  The company “enables job seekers in emerging markets to find jobs using their cell phones”, as the article states.  The SEID team explored Assured Labor’s options for new country expansion.  David Reich, co-founder of Assured Labor, notes in the article (published on the MIT News site):

“The students presented their findings to David at the end of the fall semester. He commented, “Our SEID team was great. It was invigorating working with five highly driven people. Given the demands of the Core, I was impressed with the quality work they produced and their enthusiasm for our business. Our team will absolutely implement some of their ideas. The team’s work provided a great perspective on what we’re in for and how we should approach these new markets.”

The SEID team, adding value to Assured Labor and photos

The full article can be found here.

Entrepreneurship in the Middle East

Mohammad Jhaveri set up Hera Capital, a social investment fund aimed at reducing poverty, extremism, and expanding economic opportunity for the lower-middle classes in Muslim nations. Mohammad provided valuable advice for entrepreneurship in the Middle East, such as structuring the company, legal protection, funding environment, as well as overcoming barriers unique to the region.

Olde City’s founders, Ali Siam and Ena El-Hadidy, envisioned their startup to be engaged in grassroots change. Ali told the story of how they received a bottle of Palestinian olive oil as a wedding gift back in 2007 and created Olde City to spread the gift to the rest of the world. Despite being profitable in only 1 year, Ali presented some of the real challenges they were still facing. The event closed with a tasting of their delicious product