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Transcript of Vita Global - 2015 Annual Report - v8
12015 Annual World Report
2015 ANNUAL WORLD REPORT
2 32015 Annual World ReportVita Global, Inc. 2016 Quinquennial Report
Vita Global is at the forefront of ground-breaking sustainable solutions to end poverty: we believe a key component of economic development is providing entrepreneurs access to global markets.
We had the privilege of advising award-winning global entrepreneurs on financial management and business growth strategies; including traveling to Capetown, South Africa, for our fourth consecutive African trip to advise women owners of small and medium sized enterprises (SMEs).
On behalf of WEConnect International and sponsorship by ExxonMobil Foundation, our Monitoring & Evaluation work for WEConnect International
provided a framework to measure and track their progress in connecting women owned SMEs to U.S. corporation supply chains.
Simply put, we help for-profits make money with a purpose and help nonprofits position themselves for more funding to increases their impact.
We are very excited to report that we became a Benefit Corporation (registered in Virginia) and a Certified Benefit Corporation®! We wanted to ensure
Vita Global uses the power of business to solve social and environmental problems for generations to come.
We want to thank you for your belief in us and the limitless opportunities we provide to entrepreneurs across the globe.
Letter from the Founders
COLLEEN DYBLE, MA
Founder & Principal
PORTLAND A REED, JD
Co-Founder & Head of
Global Solutions
“I believe that you are so unique that if you don’t do what you were designed to do on this earth, it won’t get done.”
PORTLAND A REED, JD
In 2015, Vita Global
became a Certified
B Corp®.
2015 ANNUAL WORLD REPORT
Vita Global, Inc., made significant strides as a company in 2015. We experienced a year of harvest after years of sowing seeds into our dream of wanting to help alleviate extreme poverty.
4 52015 Annual World ReportVita Global, Inc.
Table of Contents
Letter from the Founders
Message from the Principal
This Year’s Highlights
Solutions That Work: Business Startups
Solutions That Work: Business Transformation
Solutions That Work: Business Expansion
Solutions That Work: B Corp® Certification
Success in Numbers
Vita Global Gives
Vita Global Volunteers
Golf: The Game of Life
Executive Team & Global Partners
3
5
6
8
9
14
16
18
20
21
22
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2015 ANNUAL WORLD REPORT
WATCH VIDEO
Why Vita Global ExistsVita Global is a Social Impact
Advisory Company that
promotes using business for
a social good by equipping
entrepreneurs with 21st
century tools they need to
be successful. We advise
businesses and organizations
who contribute to economic
development; including
improving the quality of life for
their workforce, their families,
the local community and
society at large.
FURTHER READING
Certified B Corporations® Using Business As A Force For Good
Social Impact Advisory Firm, Vita Global Inc. Awarded B Corporation® Certification
Vita Global Website
My influences growing up were my grandfather who shared his world travel experiences and my father who modeled how to empower people.
I remember my father asking me as a young professional, “What are you doing to alleviate global poverty?” Consequently, I spent my entire career addressing his question.
Even though I had a big vision, I am still amazed how in 5 years, we have formed a global company that is employing people from around the world and engaging in projects of impact! This journey has not been without major sacrifices, and I appreciate how my family provided me with encouragement and support during difficult times. Thanks to those who joined Vita Global and helped propel it to the unique status we enjoy as a Certified Benefit Corporation®.
Vita Global is part of my legacy. I want to help shape the next generation of entrepreneurs who are in-tune to the deep needs in the world, motivated by a purpose greater than themselves, driven by values, and engaged in using their businesses to collaborate with others to create a better life in the world around them. I am humbled. I feel so lucky to have the opportunity to engage in such life changing work.
COLLEEN DYBLE
Founder & Principal, Vita Global, Inc.
MESSAGE FROM THE PRINCIPAL
“Lasting impact starts with
developing a relationship
with the person that you
are engaging. This allows
you to work together
to identify the key
intervention that empowers
and enables a person to
realize their potential and
be the protagonist of their
own story.”
COLLEEN DYBLE
Message from the Principal
2015 ANNUAL WORLD REPORT
6 72015 Annual World ReportVita Global, Inc.
2015 ANNUAL WORLD REPORT
WE BECAME A #BCORP!
On September 27, 2015, we signed a B Corp® Declaration of Interdependence which declares that we not only want to be the best IN the world, but we want to be the best FOR the world!
WECONNECT INTERNATIONAL
In 2013, the Clinton Global Initiative set out on a mission to bring together leaders from the business, government, and civil society sectors to develop solutions for economic growth, long-term competitiveness and social mobility for countries around the world. Our global partner, WEConnect International, outlined how Vita Global’s M&E work helped them achieve a five-year Clinton Global commitment to connect women entrepreneurs to global supply chains in just two years! Our work
with WEConnect International is in key areas of women’s economic empowerment in nearly 20 major markets.
VITAL VOICES GLOBAL PARTNERSHIP
For the third year in a row, Vita Global, traveled to Africa to train women business owners of small and medium enterprises in strategies for addressing key obstacles to growth and enhancing their leadership impact as part of Vital Voices’ VV GROW program. Vita Global also designed and taught a 10-week financial management course as part of their VVLead program.
KEYNOTE SPEECH AT TEMPE
CHAMBER OF COMMERCE
Vita Global Co-Founder Portland Reed was a keynote speaker at Tempe Chamber of Commerce’s 20th annual Women in Business Conference sponsored by APS Energy Company and Edward Jones. Portland officially introduced Vita Global to Arizona as she shared our values through a personal epiphany.
This Year’s Highlights
Watch the WEConnect International Video
“I...read amazing things about [Vita Global] and particularly your financial management course! One of our fellows said it was absolutely transformational for her, and it shifted her mind 100% regarding financial management. You rock!”
SENIOR PROGRAM MANAGER AT VITAL VOICES GLOBAL PARTNERSHIP
8 92015 Annual World ReportVita Global, Inc.
TALI GRINSHPAN, GLASS ARTIST
We formed a new company for Tali Grinshpan, a glass artist and native of Tel Aviv Israel. Tali is now showcasing her amazing art in galleries in San
Francisco and across the world. Tali followed her dream and believes in the limitless opportunities that await her!
Solutions That WorkBusiness Startups
Solutions That WorkBusiness Transformation
SOLUTIONS THAT WORK / BUSINESS STARTUPS
ETHIOGREEN
We trained and coached EthioGreen’s Rahel Moges in business growth strategies as part of the Vital Voices Global Partnership’s VV GROW program and assisted her in pitching her business to investors.
EthioGreen is a registered import/export company located in Washington, DC, featuring wholesome fresh produced and grown products from Ethiopia to health and wellness conscious consumers.
Our expertise is establishing new businesses and organizations using simple and tailored solutions to help startups avoid common pitfalls.
We are specialists in transforming businesses into profitable social impact companies by implementing easy to use cloud based solutions that ensure sustainable growth.
SOLUTIONS THAT WORK / BUSINESS TRANSFORMATION
VV GROW SPOTLIGHT
EthiogreenRahel Moges of Ethiogreen (center left) wins Innovation Business Plan Award in January 2015. This is
why we love what we do!
CLIENT SPOTLIGHT
Tali GrinshpanTali’s art is being featured in exhibits across the world. Her collections were chosen for display at the
prestigious International Exhibition of Glass in Kanazawa, Japan.
10 112015 Annual World ReportVita Global, Inc.
21st National Conference in DC. The ECDC is dedicated to resettling refugees, promoting cultural, educational, and socio-economic development in the refugee community in the United States.
CHRISTIAN CONNECTIONS FOR
INTERNATIONAL HEALTH
We migrated Christian Connections for International Health’s (CCIH) data onto the Google Productivity Suite™ to facilitate real-time collaboration and communication. CCIH advocates for a world where all, without bias, have access to basic health and prevention services.
APPLETON MONTESSORI SCHOOL
Through a project with Vital Voices Global Partnership in Tanzania, we assisted Benny Kittakah, Founder & CEO of Appleton Montessori School in Nairobi, Kenya, with strategies for enhancing her social media presence as a way of growing her business. Her school prepares kids ages 2–6 to be successful and responsible citizens for the future.
ETHOPIAN COMMUNITY
DEVELOPMENT COUNCIL
We collaborated with Waterstone Consulting to facilitate a Management workshop for the Ethiopian Community Development Council (ECDC) for their
We were so happy for what [Vita Global] did for us and how you responded to the initial problems.
—Kathy Erb, Communications Director, CCIH
CLIENT TESTIMONIAL
VV GROW SPOTLIGHT
Indigi DesignsVita Global advised Indigi Designs in 2014 as part of the VV GROW program. The result: Indigi has
more than doubled its staff and landed major buyers. Colleen was thrilled to see her products for sale
in the Johannesburg airport. Congrats, Natalie!
SOLUTIONS THAT WORK / BUSINESS TRANSFORMATION
12 132015 Annual World ReportVita Global, Inc.
2015 ANNUAL WORLD REPORT
VITAL VOICES GLOBAL
PARTNERSHIP
Vital Voices Global Partnership’s mission is to invest in women leaders who improve the world. They search the world for a woman leader with a daring vision. They then partner with her to make that vision a reality. Through long-term investments that expand her skills, connections and visibility, they accelerate her efforts. Vita Global has been partnering with Vital Voices Global Partnership since 2012. They have two fellowship programs: VV GROW and VVLead.
VV GROW
Vita Global was contracted by Vital Voices Global Partnership for their training services in business growth planning, which were implemented during the VV GROW fellowship 2015–16 in Cape Town, South Africa. The VV GROW fellowship is a highly-competitive year-long accelerator program for small- and medium-sized businesses. The VV GROW Spotlight highlights some of the fellows Colleen trained, advised, and supported during the 2015–16 fellowship.
Colleen facilitated and implemented this training program in Nicaragua, Ghana, Tanzania and South Africa for small- and medium-sized enterprises (SMEs). The program includes business skills training, technical assistance, leadership development and access to global trade networks to grow their business.
VVLEAD
Vital Voices Global Partnership’s VVLead Fellowship Program today serves over 330 women business and organizaiton leaders from 75 countries. Vital Voices offers them a unique opportunity to be mentored, receive trainings tailored to their needs. Specifically, Vita Global developed a 10-week financial management course and continues to advise busineses interested in growth and expansion.
VVLEAD SPOTLIGHT
Mfariji AfricaVita Global advised Mfariji Africa who
was selected as a Fellow in a highly
competitive 3-year program through Vital
Voices Global Partnership. Specifically,
we assisted in the areas of financial
management, branding and establishing a
satellite office in the United States.
Two-thirds of uneducated people in
the world are girls. Consequently, Alice
Aluoch founded Mfariji to improve the lives
of Kenyan girls by teaching them life skills
so they can complete school. She recently
won a grant from Safaricom, the largest
mobile company in Kenya.
Great news! Alice was awarded the
Delaware prestigious Startup Africa Social
Entrepreneur of the year award. She is also
a recipient of a three-year fellowship from
VVLead (Washington, DC), which offers
training and mentorship to women who
are pioneering change for women and girls
in communities and countries across the
globe.
Alice is currently serving as Assistant
Producer for TEDx Wilmington and is also
a charter member of Wilmington University
Toastmasters club. Her professional
background includes working for several
technology firms as a network engineer
before following her passion and calling
towards helping Kenyan girls’ achieve
education. She strongly believes that
legacy is what we are remembered for,
and that includes how many lives we made
better than we found them.
SOLUTIONS THAT WORK BUSINESS TRANSFORMATION
VV GROW SPOTLIGHT
Fer-AlDespite being surrounded daily by gun shots, 2015 VV GROW Fellow, Samantha Sangwe, CEO of
Fer-Al, a high-end furniture and art gallery in Burundi, takes risks beyond comprehension to ensure
her business operations as a social good for her fellow Burundis. Thank you, Samantha! We are
honored to know you.
VV GROW SPOTLIGHT
Sosai Renewable Energies CompanyThe majority of rural populations in Nigeria
cook on highly inefficient and poorly
ventilated kitchens. Vita Global advised Sosai
Renewable Energies Company (Nigeria)
as part of the VV GROW program. Result:
Sosai Renewable’s ability to better articulate
their business strategy has resulted in a 20%
increase in revenue and the deployment of
more than 10,000 cook stoves, which not only
protect the environment, but improve the lives
of people living in rural communities.
14 152015 Annual World ReportVita Global, Inc.
Solutions That WorkBusiness ExpansionWe are experts in how to grow your business. We perform financial and digital diagnostics and implement simple solutions designed to grow and expand your company or organization.
WECONNECT INTERNATIONAL
We are part of an initiative to connect women business owners to global opportunities with our global partner, WEConnect International.
We created the framework for thousands of female global entrepreneurs to connect to the global supply chain as outlined by the Clinton Global Initiative.
In 2013, the Clinton Global Initiative set out on a mission to bring together leaders from the business, government and civil society sectors to develop solutions for economic growth, long-term
competitiveness and social mobility for countries around the world. Vita Global was hired by WEConnect International, to help CGI achieve this five-year mission. WEConnect International outlined how Vita Global created the framework to monitor and evaluate these global entrepreneurs who we prepared to do business with companies who agreed to a $1.8 billion spend.
Good news! Vita Global helped them achieve this five-year Clinton Global commitment to connect women entrepreneurs to global supply chains in just two years!
CLIENT TESTIMONIAL
From WEConnect International“WEConnect’s network is comprised of corporations and women owned businesses from
95 countries. Since incorporating in 2009, WEConnect has trained 6,600 women business
owners, registered 3,900 in our global network, certified over 600 women owned businesses
and from 2013–2015 our global members tracked $3 billion USD spend with women owned
businesses.
“Vita Global’s work with WEConnect International has helped us tell our story with these
metrics. In 2013, Vita Global started working with us to track our outputs and standardize
our language and definitions around our theory of change and deliverables. Vita Global’s
hands on approach with our program staff in Washington, DC, and around the world made a
huge difference in our ability to measure our achievements in the field. That Vita Global can
communicate with our Latin American team in Spanish is a huge plus!
“As a result of Vita Global’s efforts, WEConnect International has a standard
methodology for our funders, which helped us streamline the proposal and reporting process.
We can now track and compare standard outputs on a monthly/quarterly basis, which helps
us effectively evaluate our work in the field and give support to make changes quickly.
Equally important is our ability to communicate our successes to corporate members, key
stakeholders and women owned businesses in the network.
“With Vita Global’s help we were able to deliver on a five year Clinton Global Initiative
commitment with multinational partners in just two years! By 2020, we expect to increase the
amount of spend with women business owners to $20 Billion USD or 2% of global spend and
the framework Vita Global helped us create will continue to assist us to help us measure and
track our success.”
—LIZ C. WHITEHEAD WEConnect International
2015 ANNUAL WORLD REPORTSOLUTIONS THAT WORK
CLIENT SPOTLIGHT
WEConnect InternationalWEConnect International helps women-
owned businesses succeed in global value
chains and identifies, educates, registers,
and certifies women’s business enterprises
based outside of the U.S. that are at least 51%
owned, managed, and controlled by one or
more women, and then connects them with
multinational corporate buyers.
16 172015 Annual World ReportVita Global, Inc.
Solutions That WorkB Corp® CertificationVita Global assists businesses in joining a growing group of companies worldwide who are using business as a force for good.
KHAYELITSHA COOKIES
In 2015, Colleen Dyble advised Adri Williams, the Managing Director of Khayelitsha Cookies on B Corp® certification. They are committed to not only producing the best cookies in South Africa, but also radically changing the lives of everyone involved in their company.
IMPACT MAKERS
Vita Global joined Impact Makers (a Certified B Corporation®) and others to discuss the
“Fast Track to Certification” to local Virginia businesses in Richmond, Virginia.
SOLUTIONS THAT WORK 2015 ANNUAL WORLD REPORT
Vita Global believes that true impact lies at the intersection of our deepest passion and the world’s greatest needs.—Colleen Dyble, Founder & Principal
2015 ANNUAL WORLD REPORT
CLIENT SPOTLIGHT
Impact MakersFrom impactmakers.com:
Impact Makers is a for profit Virginia benefit
corporation that is committed to helping
members of the community by contributing
100% of its net profits to charities over
the life of the company. Labeled “social
entrepreneurship” or “public-private
partnership” in academic, business and
political circles worldwide, the idea is not
new, but real-life implementations are rare
indeed. Impact Makers is pioneering the
application of this concept through an
innovative new business model.
18 192015 Annual World ReportVita Global, Inc.
2015 ANNUAL WORLD REPORT
COUNTRIES REPRESENTED BY VITA GLOBAL STAFF
AFGHANISTAN
ZIMBABWE
ARGENTINA
GUATEMALA
INDONESIACOLUMBIA
LIBERIA
BRAZIL
ISRAEL
EGYPT
KENYA
MALI
UGANDA
SOUTH AFRICA
NIGERIA
MEXICO
UKRAINE
TANZANIA
SENEGAL
BURUNDI
GHANA
INDIA
EMPLOYEES IMPACTED
COUNTRIES IMPACTED
6
952
23
In 2015, Vita Global employed 8
people from 6 countries across
Africa, Asia, Europe, North America
and South America; three of which
launched their own businesses.
Vita Global advised and trained 45 global
(non-profit and for-profit) entrepreneurs,
impacting a total of 952 employees.
In 2015, Vita Global impacted
23 countries through their
groundbreaking work.
Success in Numbers
SUCCESS IN NUMBERS
CAMEROON
20 212015 Annual World ReportVita Global, Inc.
2015 ANNUAL WORLD REPORT
Vita Global Gives Vita Global VolunteersIn 2015, Vita Global donated a percentage of its gross revenue to social causes that align with its mission as a Certified B Corporation®.
Vita Global believes that giving back goes beyond financial contributions. In 2015, Vita Global committed to spending a minimum percentage of time to community service and pro bono work.
2015 ANNUAL WORLD REPORT
Above: Portland Reed (third from right) of Vita Global with volunteers from Let’s Dare to Care.
22 232015 Annual World ReportVita Global, Inc.
Golf: The Game of Life
IMPACTFUL STORY
I started playing golf to obtain a level of competency of a game my grandfather encouraged me to take up before he died in 1985. What I did not anticipate was the life lessons, friendships and business contacts that would ensue.
LIFE LESSONS
Amazing how trying to hit a little white ball in a small cup many yards away could be life changing. You see, golf is a complicated sport and it is inevitable that you will hit a shot that doesn’t do what you intend (how surprising, huh?).
My reaction to the “imperfect” shot revealed how uneasy I feel and act when things don’t go my way. I would never say it out loud to anyone; but my secret desire is that when I hit the ball of life, I want it to go where it will make me happy so my next shot is easier.
Guess what? Life doesn’t turn out the way we intend many times and it’s our reaction to these “shanked” balls that determines our ability to overcome obstacles.
FRIENDSHIPS
I can tell you without question that the amazing social exchange that happens during a round of golf cannot be properly expressed in this article. What I can tell you is a bond is taking place as we grapple together with our inner selves around this crazy game for nearly five hours! The friends in the pictures helped me see things differently in areas of my life that I tend to be closed about and for that I’m grateful.
BUSINESS CONTACTS
It is true that business is taking place on the golf course. I met my nutritionist, personal trainer, massage therapist and clients through this amazing game!
Conversely, the game is so revealing of one’s personality that I made decisions NOT to do business with a person due to their behavior on the course. The game of golf reveals character and you can get an idea of how a person does business by watching how they handle the stress of this game! Me included!
Life doesn’t turn out the way we intend many times and it’s our reaction to these “shanked” balls that determines our ability to overcome obstacles.
GLOBAL PARTNERS
VITA GLOBAL EXECUTIVE TEAM
CONTACT VITA GLOBAL
COLLEEN DYBLE
Founder & Principal of
Global Solutions
PORTLAND A REED
Co-Founder & Head of
Global Solutions
JOHN SHABAAN, JR.
Google Cloud Specialist
Indigo Consulting
EvolYOUtions Co.TM
Creative Services Just 4 U
ADP2
Vita Global, Inc.
Email [email protected]
Telephone +1 202 596 VITA (8482)
Website vita-global.com
a j b x a j b a j
Co-founder Portland Reed is an avid golfer thanks to her grandfather. This article expresses the impact the game has had on Portland and others in her life.
by Portland A Reed
24 Vita Global, Inc.
The two most important days in your life are the day you are born
and the day you find out why.
MARK TWAIN