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Exact Software Stimulates Entrepreneurial Spirit in Less Developed Parts of Society

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Exact Software  kicked off an ambitious initiative on their 25th anniversary to boost entrepreneurial spirit and give something back to the entrepreneurial world.

The company plans to raise funds for the Branson School of Entrepreneurship and the objective is to mobilise € 1 million in 2010 together with partners within the Exact ecosystem.

The money will be used to stimulate entrepreneurship in less developed parts of society.

As a first initiative Exact will support the Branson School of Entrepreneurship based in Johannesburg, South Africa, an initiative of Virgin Unite, the non-profit organisation of Branson’s Virgin Group.

“For 25 years, we have been serving entrepreneurial businesses successfully and profitably with our solutions. With this initiative we want to give something back and serve entrepreneurs of the future. We will support projects that stimulate entrepreneurship where this is not possible without help, but at the same time focus on helping people to help themselves,” says Rajesh Patel, CEO of Exact.

To begin with, Exact plans to raise funds for the Branson School of Entrepreneurship, which provides the right infrastructure to support Exact’s goal: boost entrepreneurialism.

The school creates opportunities that help student entrepreneurs follow their dreams of owning and managing successful businesses.

With the right support and encouragement, the school helps future entrepreneurs make a huge difference to not only themselves, but also to their families, communities and ultimately to their whole country.

The idea was born when Rajesh Patel and Richard Branson met in January of this year, when Patel was elected ‘Entrepreneur of the Year 2008’ at the Big Improvement Day.

Richard Branson in reaction to this initiative said, “It is great that Raj and his team are encouraging entrepreneurship both in the Netherlands and in South Africa. I can assure everyone who is helping fundraise for the Branson School of Entrepreneurship that your donations will be put to good use and will make a huge difference to young people. Thank you.”

With this not-for-profit project, Exact is keen to contribute to local economies where needed, by providing good ideas with the opportunity to become reality.

“We see it as part of our responsibility to give some back and stimulate a new generation of entrepreneurship. I would like to thank our customers for trusting us all these years, because it is ultimately them who make this initiative possible,” concludes Rajesh Patel.

About Exact Software

Exact Software started serving the entrepreneurial world with information technology in 1984. With approximately 2,200 employees in 40 countries, the company serves over 100,000 local as well as international companies in more than 125 countries and provides their business software solutions in more than 40 languages. The company has been listed on the NYSE Euronext Amsterdam since June 1999 and their revenues amounted to €232.5 million in 2009.

Exact Software serves the needs of entrepreneurial businesses by understanding their mindsets, how they collaborate within their business community and the structure they need to achieve results. With this knowledge, the company provides software solutions that support every business activity and give real-time insight into the entire business.

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