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| DOT Force : DFEN Established To Stimulate Growth in Developing Countries | ||||
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| Canada | 01 July 2002 | |||
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| As the G8 Digital Opportunity Task Force (DOT Force) formally ceased to exist with the closure of the G8 summit in Kananaskis (Canada), a DOT Force Entrepreneurial Network (DFEN) was established on 28 June 2002. The DFEN was created by a team of private sector companies brought together as part of implementation team 4 of the DOT Force (see DOT Force: Final Report of Team 4: Enterprise and Entrepeneurship), to help small- and medium-sized enterprises (SMEs) and entrepreneurs overcome the digital divide, and stimulate economic and social growth in developing countries. The organisation is being launched with support from G8 member countries, with initial funding of 10m Canadian dollars provided by the Canadian government, according to a press release. DFEN will provide financing of up to 2m Canadian dollars to SMEs and entrepreneurs planning to use information and communication technology (ICT) in innovative and creative ways in the developing world. It will also help by sharing best practices, opening access to global markets, and providing technical and training support. In addition, the organisation will advise SMEs and entrepreneurs on how to shape public policy support for ICT in their own countries. The initial focus of its activities will be Africa. The founding participants of the DFEN are Accenture, the global management consulting and technology services organization; Hewlett-Packard, the information technology provider; Telesystem, the Canadian-based private equity company; and Open Economies, the policy center run in association with Harvard Law School. Resources:
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