TRIBE is sparing no effort in attracting funding for its flagship model program to teach entrepreneurship in high schools.
The social enterprise has won a grant of fifty thousand United States Dollars (US$50,000) from the Acumen Angels Fund of the Acumen Foundation for the launch of its flagship program, RE-Novate, according to the chief executive officer, Wainright Acquoi.
“Essentially, we got the grant to pilot RE-Novate,” he said. “RE-Novate is TRIBE’s high school-focused entrepreneurial academy. Our goal is to build an entrepreneurial model that can be integrated into the Liberian high school curriculum.”
Acumen invests patient capital in businesses whose products and services are enabling the poor to transform their lives. Founded by Jacqueline Novogratz in 2001, Acumen has invested more than $131 million in 131 companies across Africa, Latin America, South Asia, and the United States.
TRIBE was amongst 20 winners who were given US$50,000, totaling US$1 million.
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