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GRANTEE ANNOUNCEMENT
January 25, 2008 

IDE Receives Second Grant From Bill and Melinda Gates Foundation

LAKEWOOD, Colo. -- International Development Enterprises (IDE) today announced a grant of $27 million over four years from the Bill & Melinda Gates Foundation in support of its micro-irrigation programs for Indian smallholder farmers.

Bill Gates, co-chair of the foundation, announced the project as part of a package of agricultural development grants at a press conference with Amos Namanga Ngongi, President of the Alliance for a Green Revolution in Africa (AGRA), and World Bank President Robert B. Zoellick at the World Economic Forum in Davos, Switzerland.

To read the full press release, visit the International Development Enterprises Web site.

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Bill & Melinda Gates Foundation
Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people—especially those with the fewest resources—have access to the opportunities they need to succeed in school and life. Based in Seattle, Washington, the foundation is led by CEO Jeff Raikes and Co-chair William H. Gates Sr., under the direction of Bill and Melinda Gates and Warren Buffett.
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