A Catalytic Fund for Inclusive and Innovative Businesses
Innovations Against Poverty challenges the private sector to contribute to the fight against poverty
Low-income markets represent a significant business opportunity. The four billion people living on less than US$ 8 a day constitute a global consumer market with a shared purchasing power valued at US$ 5 trillion. By thinking innovatively, private companies can develop businesses that solve social and environmental issues while at the same time maximising their competitiveness and profitability. However, many of these initiatives face commercial, technical and financial risks. They have limited access to finance as they are frequently too large for micro-financing but too small for mainstream commercial debt and venture capital. The IAP fund serves as a risk-sharing mechanism to stimulate private sector development endeavours that otherwise would not occur.
Through our combined financial and non-financial services, we support innovative Inclusive Business models that deliver commercial benefits for the private sector and developmental benefits for low-income populations, while paying specific attention to gender equality and environmental sustainability.
Impact by Nov 2023
New Jobs Created (FTE)
People Living in Poverty with Access to Basic Goods and Services
People Living in Poverty with Income Generating Opportunities
People Living in Poverty with Increased Income or Cost Savings
GHG Emissions Avoided or Reduced (Tonnes CO2-EQ)
Increased Sales Revenue (Euro)
Additional funding leveraged by investees (Euro)
Photo: RGF Launch event. From left to right: SNV Uganda Country Director Phomolo Maphosa, Minster of State for Kampala Hon. Kyofatogabye Kabuye, RGF Team Leader Sarah Basemera, and IAP Uganda Project Manager Lucy Asiimwe.[dssb_sharing_buttons icon_placement="icon"...
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Solar Green Energy Ltd (SOGE), one of IAP’s investees in the Cambodia portfolio, won the 2022 Clean Energy Award for businesses. SOGE is a solar energy company that provides a wide range of quality solar products combined with installation and maintenance services....
The journey of Nutridense began as Alem started her studies in chemistry. There were no courses to study food at the university and she thought that chemistry at the very least came something close.
The factory is up and running and although much of the carbonisation of farm waste and sawdust was done in furnaces, today new caroboniser was in place and ready to be assembled, promising to make the process a whole lot cleaner.
Emmanuels’ career trajectory deviated from the conventional path as he transitioned from being a hired cartoonist to co-founding a fintech company—an accomplishment that may not impress those who possess a formal education in computer science.
Recognition is rising among businesses that gender equality and social inclusion (GESI) contribute to sustainable value chain.
IAP catalyzes funds and support for inclusive businesses integrating climate adaptation. These businesses enhance smallholders’ resilience by providing adaptive products and services.
In addition to grant financing, IAP offers tailored advisory support, including investment support, for portfolio businesses. This support is focused on organizational strengthening and growth strategy.