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.
Power to the People
|Cambodia||Electric utilities, Internet of things (IoT), Rene…||Growth stage|
|WANA Energy Solutions|
Cook with a smile!
|Uganda||Clean technology||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|
Improved fee-paying public toilets in peri-urban Zambia.
|Zambia||Renewable energy, Solar power, Water, sanitation a…||Growth stage|
|Yellow Star Produce and Food Processors (U) Ltd|
Affordable Organic Nutrient balanced products for nutrition access
|Tulip Addis Water Filter|
Supplying water filter to low income people
|Ethiopia||Water treatment||Growth stage|