In partnership with First Presbyterian Church of Orlando, the Biblical Entrepreneurship program was launched in Madagascar in 2018. The Biblical Entrepreneurship program helped the ministry to achieve new heights in their overseas mission strategy goal by creating a culture of entrepreneurship, innovation, and job creation in a country that was facing government instability and an economic crisis which led to a rapid increase of unemployment and increase inflation.
First Presbyterian Church of Orlando recognized that given the growing economic issues Madagascar faced, continuing a traditional overseas mission strategy was unsustainable. Many had begun to flee the country to look for security and provision elsewhere. First Presbyterian Church of Orlando wanted to ensure that the Malagasy people got the help to bloom where they were planted.
To date, 948 entrepreneurs have been trained, over $200K of capital has been invested in businesses, and the Biblical Entrepreneurship program has helped to create 480 new jobs in Madagascar. Madagascar Entrepreneurs also won two of the first-place and two of the second-place awards at the International Business Plan Competition, where they competed in the United States against entrepreneurs from both developed and developing nations. Today, despite continuing government instability, entrepreneurs have been given renewed hope that they can bloom on their own soil and contribute to a prosperous Madagascar as a result of our successful and active Biblical Entrepreneurship program.