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Press Release
Omidyar Network and Unitus to Help Millions of the Working Poor Participate in the Global Economy
April 23, 2008, San Francisco and Seattle – Omidyar Network and Unitus are pleased to announce plans to dramatically expand the worldwide availability of financial services to the poor. Omidyar Network, a philanthropic investment firm established by Pierre and Pam Omidyar, will invest US$9 million in Unitus. This will represent Omidyar Network’s largest grant in microfinance to date.
Press Release
February 19, 2008, New York – The Soros Economic Development Fund (SEDF), Omidyar Network, and Google.org announced today a new US$17 million Small to Medium Enterprise Investment Company for India to create job opportunities and spur greater economic participation for a larger segment of the population. This joint Investment Company will provide capital to small and medium businesses in underserved markets.
Press Release
Omidyar Network Supports DonorsChoose.org National Expansion
November 15, 2007, New York – Actors Claire Danes and Zac Efron and former Senator Bill Bradley announced today that DonorsChoose.org, the award-winning nonprofit website where teachers and donors connect to help students in need, is opening to every public school in America.
The Wall Street Journal Online
EBay's Founder Bets on 'Participatory Media'
October 17, 2007 - Pierre Omidyar, the founder of eBay Inc., is getting interested in the media world. A generation ago, he might have acquired a newspaper, taken a stake in a cable operator or made some other splashy investment—befitting a man with a net worth topping $10 billion.
Press Release
Omidyar Network To Support Small to Medium Enterprise in the Developing World
September 27, 2007, New York – Omidyar Network, a mission-based organization established by Pierre and Pam Omidyar, today announced at the Clinton Global Initiative that it is expanding its efforts to include support of small to medium enterprise (SME). Building on the momentum of its work in microfinance, the organization plans to invest US$10 million in the global SME sector over the next two years, as part of its efforts to increase opportunities for economic participation for citizens in developing countries around the world.