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Explore Challenge Fund Insights

The IAP approach

Innovations Against Poverty (IAP) is a challenge fund that provides grants and technical support to innovative inclusive businesses that deliver sustainable solutions for people living in poverty. The programme offers:

Financial Support

IAP supports private companies with funding between €50,000-€200,000 to scale inclusive business models that directly benefit low-income communities.

Investment Readiness Support

IAP provides investment readiness and intermediation support to facilitate investor connections.

Ecosystem Strengthening

IAP supports the development of stronger inclusive business ecosystems through local capacity building and network development. The programme trains business development providers and connects ecosystem players to create lasting support for inclusive businesses.

 

IAP impact by 2017-2023

39 companies

supported

2 million

people with improved access to basic goods and services

700,000

people with increased income or cost savings

€54.5 million

additional funding leveraged

€22.4 million

in increased sales revenue

92%

of customers with improved quality of life

83%

of customers reported access to a particular product or service for the first time

Themes explored to date

Clean energy

Clean energy at household and community, including improved & clean cooking

Climate Action

Climate change adaptation and mitigation

Food Security

Enhanced food security, nutrition, and (regenerative) agriculture  

Empowerment

Women or Youth entrepreneurship and economic empowerment

Water

Water, or water, sanitation, and/or hygiene (including waste management)

Inclusion

Businesses in the outlined themes that have an element of financial inclusion or digitalization 

IAP stories and insights

What happens after the grant ends?

What happens after the grant ends?

What happens to inclusive businesses after grant support ends? A new long-term learning study followed 26 IAP-supported businesses two to six years after funding ended and found that most continue to operate, grow, and attract additional investment. The study highlights the importance of adaptability, technical assistance, and investment readiness in achieving long-term business success and impact.

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More than the money: How IAP builds technical assistance around what companies actually need

More than the money: How IAP builds technical assistance around what companies actually need

Technical assistance is most effective when it is designed around the real needs of businesses rather than a standard package of services. Through structured assessments, field engagement, and ongoing collaboration, IAP tailors advisory support to help companies strengthen governance, improve operations, enhance market competitiveness, and become more investment-ready. The programme’s experience shows that flexibility, trust, and strong business foundations are key to creating sustainable growth and long-term impact.

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From Grant to Growth: How Impact Finance is Transforming Farmers’ Lives

From Grant to Growth: How Impact Finance is Transforming Farmers’ Lives

SOGE and HUSK are two Cambodian inclusive businesses that are helping farmers address irrigation challenges and soil degradation through innovative, climate-smart solutions. With early-stage grant funding and technical support from Innovations Against Poverty (IAP), both companies strengthened and scaled their business models. As they matured, the Dutch Fund for Climate and Development (DFCD) helped them become investment-ready, enabling further growth and attracting private investment. Together, these interventions demonstrate how the right support at the right time can help inclusive businesses scale their impact and improve the

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Contact us

Reach out to explore partnership opportunities or collaboration to support inclusive businesses in your region.

Funded by

Swedish Sverige
Managed by
SNV - The Netherlands Development Organisation
In Collaboration with
Inclusive Business Sweden

In Collaboration with

Bop Inc

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