Corporate
Overview
aibia
is an alternative educational and development organization with locations in Italy, Sierra Leone, and New York.
In Sierra Leone, where we started, the organization works as a social business
and development incubator for multiple not-for-profit, educational, and cooperative
styled endeavors aimed at producing a network of self-sustaining
local communities and businesses, that localize empowerment, educational endeavors, and
foster community development based on locally expressed needs. The core of the company is designed
to run under the auspices of a for-profit company, maximizing the efficiencies of a modern revenue generating company (though ethically). However, any
excess revenues will be used to fund local
community and/or overall socio-economic capacity in the area targeted. This will be done by reinvesting proceeds directly back into creating more job opportunities, improving
localized conditions (such as roads, schools, civic works, etc), education, and expansion to other local or regional projects. The
main institutionalized goal of the company is not be to maximize financial profits, but to maximize
local community and socio-economic impact
in the areas that we work, and to incorporate local decision making
and learning on a level playing field with external actors and
knowledge.
Aibia
is registered in Makeni, Sierra Leone, in New York, and recently in Molise, Italy. The Sierra Leone company is
mandated to source and implement responsible revenue generating
business opportunities that generate
opportunities, create jobs, and impart marketable skills
in local communities and to local individuals.
The New York location works primarily on supporting and
researching projects, and providing start-up capital for delivery
projects. While the Italy location is starting a new alternative community and educational project.
It
is the intent of the organization to structure operations of all locations in a manor that would allow equal representation for all
interested parties: the local community, the work force, and external
interests. The board of directors (for conceptional purposes only)
may be more of an advisory committee that would devise strategic
pathways and appoint management as any company would, but the
decision making would be more locally inclusive and cooperatively
driven. The emphasis for aibia is on finding a balance among global,
local, and worker, and to emphasize small local community operations
where aibia is working –
small inclusive
cooperative development pockets.
It
is aibia’s goal to be as locally focused as possible – local
materials, local labor, local consumers – in an effort to
strengthen and stabilize the local economy without the need of
external entities. All of the funding that is donated or earned in
the local sites will be used locally throughout the production and
consumption process. There
will be no profits heading abroad.
However, once the business develops, is in a sound financial
position and the local community is provided for, the company may
look to exporting products to generate additional revenue streams to
then be returned for local implementation in Sierra Leone, but it is
not
the focus and would only be done if it is the absolute best way to
maximize local
socio-economic impact.
We aim to create a sustainable local economy and social apparatus
that can then look further afield if it so chooses.
This
organization, and business venture, has arisen from years of
academic and business work and carries a different focus than other endeavors at
socio-economic development and implementation in less developed areas
of the world. It is seen as being fluid, expandable, horizontal, and
open source. It is aibia’s goal to implement this strategic plan
as a “pilot project” in the Bombali district of Sierra Leone.
If we continue to develop as we have been, this project could make Bombali, and Sierra
Leone, recognizable for an alternative development model using
cooperative and horizontal decision making structures to both empower
and develop local institutions and communities in a locally
sustainable manner.
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