Entrepreneurs challenge the status quo. They see gaps in the market and, through ingenuity and hard work, create innovative solutions to the problem at hand. By asking how it can be done differently, and having the courage to try a new and better way, entrepreneurs are reshaping the world.
Grounded in the ethos of Silicon Valley, entrepreneurship is at the core of everything Omidyar Network does. Our work – from investments to partnerships to research – serves to create a vibrant entrepreneurial culture that fosters social innovation in both developed and emerging markets.
Across our initiatives, we invest in scalable ventures with the potential for significant impact. Whether nonprofits building online tools for leaders to effect change, or for-profit enterprises developing pioneering financial products for the underserved, our investees are creating opportunity for people to improve their lives and the lives of those around them. These innovations also lay the foundation for others to follow, inspiring new generations of entrepreneurs to work for social change.
We also work to create the conditions for entrepreneurship to thrive. In emerging markets, many people are entrepreneurs out of necessity. They find ways to eke out a living in marginal businesses that serve a few, but lack the infrastructure, support, and skills to develop prosperous ventures that serve many. We believe in providing them the tools and resources to become opportunity-driven entrepreneurs. These innovators create viable businesses that can grow and scale, generate long-term livelihoods for their owners, create employment in their communities, and bring prosperity to their nations.
That’s why our efforts include promoting policies that enable innovation, supporting programs that strengthen entrepreneurial cultures and provide mentorship opportunities, and finding ways to unlock funding sources for new and growing businesses. By laying this groundwork, more opportunity-driven entrepreneurs can be nurtured and in turn improve the lives of millions of people worldwide.