Dear Friend:
My name is Gus Schmidt. I am an economic development specialist by trade, international real estate investor and successful transportation entrepreneur: Gus Schmidt In Crains New York Business-Click Here
I have had numerous write-ups on my economic development work including New York Daily News(see article at bottom) and New York Newsday. I was instrumental in the loan underwriting and turnaround strategy for Eveready Carbeuretor of Queens Village New York: Gus Schmidt In Eveready Turnaround Strategy-Click Here
Until the earthquake, Haiti was experiencing upside economic momentum:Haiti's Economic Development Macroeconomic Outlook Since 2005 Unfortunately, the 7.0 earthquake struck near the capital and created devastating economic damage. Communications have been significantly damaged in the disaster, but there is no doubt that the needs will be urgent both short and long term. Many buildings, including essential services like hospitals, have been destroyed meaning this disaster may become a major catastrophe. The extent of the devastation is still unclear but there are fears tens of thousands of people have died.
The Earthquake Has Now Crushed Haiti's Economic Revival Haiti's worst quake in two centuries hit south of the capital Port-au-Prince, wrecking the presidential palace, UN HQ and other buildings. A "large number" of UN personnel were reported dead by the organisation. Many people continue spend nights outside amid fears of more aftershocks.
The Red Cross says up to three million people have been affected. Describing the earthquake as a "catastrophe", Haiti's envoy to the US said the cost of the damage would run into billions. A number of nations, including the US, UK and Venezuela, have sent aid. Because of their special needs, and the fact they are often less able to flee, women and girls are usually the most vulnerable in emergencies, and will require immediate assistance. You can help the response today.
As in all disasters, needs included clean water, shelter, food and medical aid. Haiti cannot get a break. The country has suffered political unrest for centuries, natural disasters, famine and hunger. Make no mistake this is a disaster of historic proportions. I am currently organizing Haiti's LONG TERM business development efforts for those interested in assisting in THE WORST DISASTER in the western hemisphere's most impoverished country. I have visited Haiti numerous times as a tourist and businessperson. I am providing my economic development expertise, resources and contacts to this unparalleled calamity in our country's history. Unlike current relief efforts, a more longer term economic development strategy is paramount to Haiti's turnaround.
According to foreignpolicy.com, the answer is: Endow A Multi-Billion Dollar Haiti Fund. Unlike current relief efforts, The Haiti Economic Development Fund is a grass roots not for profit fund created and designed to enhance Haiti's long term job and business development initiatives which include entrepreneurship, power generation, telecommunications infrastructure development, microfinance for small businesses, small business technical assistance, export marketing and tourism promotion. These economic development strategies are being formulated and designed to ensure Haiti's long term business viablity and future prosperity. As Youri Mevs, managing partner of WIN Group Haiti said, "While humanitarian aid is crucial to Haiti, we must build an infrastructure that lays the foundation for ongoing, sustainable economic growth. In the long term, job creation is the first step to improving people’s quality of life." The HEDF is a private, nonprofit investment fund designed to continue the mission of investing in small and medium-sized local Haitian businesses. The initial goal of the Fund is to take the unique combination of public funding and private skill and encourage free-market development through micro-loans and equity investments in small and medium sized enterprises. It is hoped that every dollar invested by the Funds will attract an additional two dollars from other investors. The final goal is that all Enterprise Funds will have transitioned to the private sector by seeding and raising private equity funds, which in turn will raise follow-on private equity funds that stay in Haiti fueling more economic growth through investment.
I urge the world community to assist me in this most important aspect of Haiti's long term economic recovery. Kindly donate any amount you can via the paypal donate button below.
Donate $10 Or More To HEDF And I'll Send You "Underground Web Traffic Black Book" 77 Page eBook By Kim Roach FREE!
Congresswoman Yvette Clarke: Enterprise Development Fund Needed to help Haiti Rebuild after January 12th Earthquake “An extremely effective tool for fostering growth in recovering nations.”U.S. Representative Yvette Clarke, Democrat of Brooklyn, was focusing the attention of U.S. President Barack Obama on the value of the Enterprise Development Fund model while at the same time recommending that the U.S. create one for Haiti in the aftermath of the mammoth natural disaster which hit the Caribbean country two months ago. “As we seek to develop long term recovery initiatives in Haiti, we must focus on economic development,” she told the President in a letter. “It is vital that we help Haitian citizens establish the institutions which will foster job creation and sustainable wealth. “Spurring economic development will require a robust toolkit,” she went on.
“History has taught us that the Enterprise Development Fund model is an extremely effective tool for fostering growth in recovering nations. Enterprise Development Funds have the unique purpose of encouraging sustainable economic development through loans and equity investments in small and medium-sized indigenous businesses. These investments have proven crucial because these firms operate in countries where such funding is unreliable and inaccessible. The Funds are operated by independent boards of talented and committed business people. In addition to supplying sorely needed financing, the experienced investors working for an enterprise fund also provide technical assistance to entrepreneurs, maximizing business success, and return on investment dollars.”
Clarke reminded Obama that Congress authorized Enterprise Development Funds in the 1989 Seed Act “in order to promote the development of robust private sectors in former Soviet Bloc countries.” Just as important, President Bill Clinton “on a handshake” with South African President Nelson Mandela used the model “to help South Africa emerge from its apartheid rule by providing economic opportunity to its formerly disenfranchised population.” That was why such a Fund for Haiti wasn’t simply appropriate but badly needed at this time. And the President could establish one with the stroke of a pen through an executive order, she explained. “A Haitian Enterprise Development fund would contribute to the creation of a robust private sector in the struggling nation,” was the way she put the case. “Congress created the Enterprise Development model in response to rapid and unprecedented political and economic changes within former Soviet satellite nations.
The deadly Haitian earthquake presents the same kind of unprecedented political and economic upheaval, and the U.S. Government should respond accordingly. ”Haiti needs assistance that will produce a sustainable economy, not just a relief economy. This horrible tragedy may present just the opportunity for Americans to put their resources to work in a way that will create long-term economic sustainability in a country bereft of stability. Any amount you can donate will surely help our impoverished nation toward economic recovery. Thank you for reading this blog,
Gus Schmidt
Contact: schmidt.gus@gmail.com
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