Fox entrepreneur to be ambassador for Inventors and Innovators Alliance
On Sept. 22, the
West African nation of Mali celebrated 50 years of independence. Inspired by
this momentous occasion, Fox School of Business student and social entrepreneur
Mohamed Ali Niang has never had a clearer vision of what he needs to do for his
home country.
For more than a
year, 22-year-old Niang and his brothers have been building Malo Traders, a
company designed to help Malian rice farmers protect and retain more
of their crop, boosting their income and alleviating poverty. (Read more about Niang)
Drawing from his successful experiences in four national and
international business plan competitions, Niang now has the opportunity to
connect and inspire entrepreneurs in Philadelphia, giving back to the community
that he says gave him the tools to build his business.
He was recently selected as one of 14 students from across the nation to
be part of the first class of student ambassadors for the National Collegiate Inventors and
Innovators Alliance, a network of faculty and students who advance invention
and innovation in U.S. higher education. Niang will assist in an upcoming Invention2Venture
workshop, a one-day workshop that promotes sustainable, environmentally and
socially responsible innovations from colleges and universities.
Stronger
people, better business
Niang spent the summer in Mali and Senegal conducting a feasibility
study for PATH, an international nonprofit organization based in Seattle that
creates sustainable solutions for cultures and communities suffering from poor
health.
Interviewing nearly 40 government agencies, international organizations, non-governmental
organizations and private stakeholders, Niang expanded his original business
plan to include the introduction of nutritionally fortified rice into Mali and
Senegal.
“It looks like rice, it feels like rice, it tastes like rice,” Niang
said, pulling out a small plastic bag full of the white grain. “But it’s
fortified with micronutrients that will help infants and the malnourished grow
stronger.”
Niang said he is extremely optimistic about partnering with
organizations that complement the business and cultural know-how of Malo
Traders. With the addition of a health and nutrition component to his business
plan, one of Niang’s biggest challenges is finding a team of engineers to help
with the nuts and bolts of the operation, such as building factories and
storage facilities.
“I still feel the
biggest problem that he will face will be that of security and dealing with the
government bureaucracy. His planning for transporting the rice is well thought
out and easily executed,” said Dwight Carey, one of Niang’s mentors and a
professor at Fox and Temple’s School of Engineering. “He is very self
confident, as he should be. He is dedicated and bright. He must succeed. This
project has important humanitarian possibilities.”
Global
collaboration
On
Oct. 15, Niang traveled to Mexico as a Cordes Fellow to officially pitch Malo
Traders to investors for the first time. He was one of 50 participants chosen
from a competitive pool of 250 international social entrepreneurs and nonprofit
leaders to attend the intensive, four-day Opportunity Collaboration.
A
week after he returned, Niang traveled to Ohio State University with Temple’s
Center for International Business Education and Research (CIBER) to compete in
the International Case Challenge.
Despite
his hectic schedule, Niang said each conference and forum is a chance to
connect with open-minded peers. “Being on a team and having one day to
collaborate and present a business plan helps reinforce my business skills,”
he said. “Leveraging different perspectives is the whole premise of social
entrepreneurship.”
And his hard work is paying off. For the second year in a row, Malo Traders won first prize in the
undergraduate track of Temple’s Innovative Idea Competition. Niang was also
selected to be a featured speaker at the 2011 Global Health and Innovation
Conference at Yale University in April.
A year from now,
on the51stanniversary of Mali’s independence, Niang
hopes to be back in his home country, devoting his time to the business that
was once just an abstract idea. He plans to move to Mali after he graduates
from Fox in the spring, while his brother lobbies for support in the U.S.
“I will be
focusing full-time on getting Malo Traders off the ground, gaining credibility
and ultimately fighting malnutrition,” he said.
– Julie Achilles