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.
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 of Products Replaced (Tonnes CO2-EQ. Avoided)
Increased Company Revenue
The IAP Lean Data Report Measuring Social Impact
Presents key insights obtained from 1,690 user interviews of a representative sample of six IAP investees across the four countries and three sectors