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Cornerstone Foundation was founded in Sofia, Bulgaria, in 2011 as a non-profit organization for public benefit.

It was an outgrowth of an initiative of American organizations that began in 2006 to provide assistance to communities in the Rhodope region by providing English language training.

Those early attempts at aid indicated that the economic issues in that region were paramount, and that these communities desperately needed opportunities for employment and income.

The USA organizations chose to develop a micro enterprise program and implement it in a way that recognized the pressing need for integrity in the conduct of business and the value of entrepreneurs seeing their business as not just an employment/income source, but as a part of the network of life in the community.