TACE-Fund Idea Among the Semi-Finalist!

Friends,

As most of you may already knew, COSAD core program, TACE (Tanzania Community Enterprise) fund won a prestigious spot as an innovative idea for social change at the Echoing Green, Inc. (http://www.echoinggreen.org/), a New York based organization that provides funding and fellowship for emerging 'highly innovative' social entrepreneurs. Or, to put it in their own words: " Echoing Green sparks social change by identifying, funding, and supporting some of the world's most extraordinary emerging social entrepreneurs...". This is quite an accomplishment given the fact that only 30% of applicants--- World-wide---were chosen. However, the competition has only begun and getting stiff.

Just to give you heads-up just in case in the next 48 hours I am in the self-imposed solitude, so you now know the reason! Above all, I need your prayers so bad. If I manage to pull this award off, COSAD will never be same! It will put us all on a whole new difference path in our efforts to equip Tanzanian communities with the tools their need to be productive citizens and lead a vibrant life.

FYI: TACE- Fund is a core program of COSAD which was formed as a creative solution to chronic unemployment and abject poverty in rural Tanzania. The program provides a market-based, micro-business model which starts with Foundation Stage to Formation, then Friendship and Follow-through Stage to foster and promote sustainable economic development using social capital inherently rich in the groups as a leverage to micro-enterprise opportunity.

In short we call it "COSAD Social Capital Community Development Model".
Who knows, may be this is the path to the Nobel Peace Prize! Uh.

Thank you! Stay tuned!

PS: I would also LOVE to hear from you!
Smart smart@cosad.org www.cosad.org