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

Team

Programs

Portfolio

Name Country Sector(s)
Okra Solar
Power to the People
Cambodia Electric utilities, Internet of things (IoT), Rene…
ChapChap Africa Limited
Creating financial profiles for MSMEs by introducing digital solutions
Uganda E-commerce, Fintech, Online payment processing
Live Clean Initiatives
Sustainable Sanitation Solutions for Africa’s peri-urban Population
Zambia Renewable energy, Solar power, Water, sanitation a…
Tulip Addis Water Filter
Supplying water filter to low income people
Ethiopia Water treatment
WANA Energy Solutions
Cook with a smile!
Uganda Clean technology
Yellow Star Produce and Food Processors (U) Ltd
Affordable Organic Nutrient balanced products for nutrition access
Uganda Agribusiness

Activity