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Every year, SEID fosters productive collaborations between MIT Sloan students and new ventures in emerging markets as part of our action learning projects. Teams of 3-4 MBA students spend the fall semester working with these organizations to solve important str
ategic challenges they are facing. In the spirit of the MIT motto, Mens et Manus, MBA students get an amazing opportunity to apply the theories from the classroom to have real impact on the ground.
This year, SEID has organized 8 projects for MBA students to immerse themselves in. Each project is an entrepreneurial venture with operations on the ground in a developing country. Our projects are spread throughout the world in Tanzania, Iraq, Ghana, India, Liberia and Nicaragua and cut across a whole range of industries.
Many projects and new socially-beneficial technologies designed for the rural developing world fail to achieve sustainability due to a lack of local investment and an inappropriate infrastructure for project implementation. The Kwala LaunchPad will serve as a rural incubator for new ideas, generating income from entrepreneurs and student groups in need of a safe location and the proper infrastructure to implement self-sustaining projects in the rural developing world.
61% of Africans live in rural communities. Many of these small villages are rich in culture and community but lacking in economic opportunity, resulting in exponential urban migration. The introduction of new technologies to rural communities is not a new concept. However, many of these technologies fail to become self-sustaining during implementation because they were not suited for the local culture and economy or due to a lack of resources, information, and local markets. Further, the many enterprises and institutions that are designing such technologies are often left without a suitable environment to successfully test and implement their ideas.