PASED: A pioneering model for country development

PASED is an innovative, pioneering model to boost the development of emerging countries and regions. This nonprofit, private sector-led initiative builds on a unique combination of philanthropic and entrepreneurial ventures. PASED aims at improving the quality of life of local communities through transformative anchor projects around which thriving socio-economic ecosystems can flourish. Piloted in Armenia with the IDeA Foundation, the ambition is to scale up and replicate the core principles and approach in other developing regions.