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WILMA's strategy going forward focuses on leveraging indigenous business leadership by introducing Social Enterprise Incubation Centers (SEICs). SEICs are "social businesses" that generate more "social businesses" — ones that benefit their local areas and communities. SEICs will invest private equity capital in small- and medium-scale enterprises whose profitability is increased by infrastructure projects (e.g., transport corridors) financed by large corporations and official agencies. WILMA is proposing a way for leaders of development in their communities-high-potential African business visionaries whom we know and trust — to start and manage SEICs as Joint Ventures with national companies and subsidiaries of multinational firms. Details of this proposal are in the paper A proposal for SEICs as a new way of organizing and financing sustainable growth (PDF, 381kb). SEICs will help to create an innovative structure of support for rural development that is depicted in this diagram:
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A Structure of Finance and Support for Rural Development
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