Innovations Against Poverty
Fund developed to identify & support innovative Inclusive Business ideas
Innovations Against Poverty is a specialized fund that challenges the private sector to develop products, services and business models that contribute to the fight against poverty and climate protection. Through our financial and non-financial services, IAP supports innovative inclusive business models that deliver commercial benefits for the private sector and developmental benefits for the low-income population, while paying specific attention to gender equality and environmental sustainability.
The program is designed for companies that are based, or operate in Cambodia, Ethiopia, Uganda and Zambia and are active in the following target sectors: Agriculture, Energy, Water, WASH and ICT. The fund had a first round of applicants in 2017 and is now managing a portfolio of investment-ready businesses seeking to scale. A second round was held in 2020, with new businesses to be added to the portfolio in 2021.
IAP is funded by Sida (Swedish International Development Agency) and managed by SNV in partnership with Inclusive Business Sweden and Bopinc.
Overview
| Website | Visit website |
| Location | Phnom Penh, រាជធានីភ្នំពេញ, Cambodia |
| Targets | Cambodia, Ethiopia, Uganda, Zambia |
| Sectors |
Agribusiness, Business services, Clean technology and energy, EdTech, Financial services, HealthTech, ICT, Water, sanitation and hygiene
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Team
Programs
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Past Program
Innovation Against Poverty 2020
by Innovations Against Poverty
Identifying & supporting innovative Inclusive Business ideas
Portfolio
| Name | Country | Sector(s) | Stage |
|---|---|---|---|
|
Okra Solar Power to the People |
Cambodia | Electric utilities, Internet of things (IoT), Rene… | Growth stage |
|
ChapChap Africa Limited Creating financial profiles for MSMEs by introducing digital solutions |
Uganda | E-commerce, Fintech, Online payment processing | Growth stage |
|
Live Clean Initiatives Sustainable Sanitation Solutions for Africa’s peri-urban Population |
Zambia | Renewable energy, Solar power, Water, sanitation a… | Growth stage |
|
Tulip Addis Water Filter Supplying water filter to low income people |
Ethiopia | Water treatment | Growth stage |
|
WANA Energy Solutions Cook with a smile! |
Uganda | Clean technology | Growth stage |
|
Yellow Star Produce and Food Processors (U) Ltd Affordable Organic Nutrient balanced products for nutrition access |
Uganda | Agribusiness | Growth stage |