innovative market based solutions for...

Innovative

market-based

solutions for

sustainable

development

Innovations in technology and business practices are critical for creating opportunities for people living in poverty to improve their living conditions. The aim of IAP is to stimulate development which otherwise would not have taken place within the private sector due to perceived initial commercial risk or uncertain market opportunities, and to accelerate the go-to-market process. Involving low income groups (poor and near poor people), especially women and youth as innovators, entrepreneurs, producers, consumers and distributors, provides positive development opportunities for all parties. The involvement of low income groups also increases the prospects of reaching the Sustainable Development Goals.

About IAP

Innovations Against Poverty challenges the

private sector to develop products, services and business models that can contribute to the fight

against poverty and climate change. It is a specialized fund with the specific mandate to

identify and support innovative inclusive business models that deliver both commercial benefits for the private sector and developmental

benefits for the low income population, while advancing the inclusion and economic

empowerment of women and youth. The selected companies receive both non-reimbursable funding (ranging from €50 000 up to €200 000)

and advisory support—advice in developing and rolling out their business models that engage low

income people and deliver commercial return. The advisory support will cover inclusive

business development and innovation support to further enhance the design and roll-out of the business models and products.

Application and selection At the close of the 2017 round, IAP noted a high number of submitted concept notes (1051) and an even higher number of registered applicants on the platform (1359). After going through on-line evaluation proceedings, a total of 93 cases were shortlisted for further development and processing. Eventually, 35 companies have successfully signed contracts and are currently implementing their innovative business ideas.

Contribution to SDGs (number of projects)

Agriculture and food: including, but not limited to, food security and improved nutrition; sustainable agriculture

Energy: including, but not limited to, access to affordable, reliable, sustainable and modern energy for all

WASH: including, but not limited to, availability and sustainable management of water, hygiene and sanitation for all

ICT: including, but not limited to, access to technology and services that help deliver solutions in the other three target sectors or other basic needs

Focus sectors

Application and selection process

35

17

13

17

22

7

13

35 Overall Contribution

35

19

5

5

Overall Contribution

Four sample cases

farmer-made export quality palm sugar

PAYG solar home system

rice drying and storage solutions agricultural e-market

platform at your fingertip

low cost solar energy sharing controller

low cost rural water supply

easily installed rural latrines

recycle plastic biogas digester

convenient and eco-friendly PAYG

cook stove

inclusive supply chain for export quality dry fruit

eco-friendly volcanic rock cook stove

smoke-free clean cooking gas for low

income market

innovative fruit processing

nutritious flour flying food

ready-to-eat nutritious food products

digital payments made simple and inclusive

low cost toilets and briquettes production

eco-friendly energy for rural entrepreneurial hub

digitalized land parcel certification

modern broiler and fertilizer production

waste into energy

solutions

nutritious and almost ready Pre-cooked dry bean

off-grid one stop shop for energy solutions

low cost sanitary kiosk in recycle containers

low cost rural water supply

affordable and effective PICS storage bags

uberizing agriculture machineries

innovative and affordable household

water purifier

one stop digital job platform

economizing Injera cook

stove

fertilizer and energy production from

waste

low cost high quality water filters

nutritious drinks for Ethiopian BoP

weather and market data at farmers’ fingertip

locally made PAYG solar home

system generator

IAP portfolio map

Dowin Technology Business PLC (ET) Working to solve problem with access to agricultural machinery for farmers as small holders, Dowin Technology Business is introducing a custom hiring center of agricultural machinery for small holder farmers, with tractor owners as its franchisees, using Uber system. The initiatives will create jobs for 10 LIPs as workers and distributors and increase income for 75,218 LIPs. The company receive IAP grant amounting to 200,000 euro with company’s financial commitment of 79,692 euro, to be implemented until March 2019.

AMK (CA) AMK is introducing an E-Market platform in Cambodia with focus on agricultural value chain. An APP will be developed to provide farmers with possibility to check selling price of specific crops, technical agricultural counselling, weather information, and more. The farmers will be able to get updated information on selling price, agricultural calendar and weather updates, which enable them to decide crops choices for specific time of the year. They will also get continuous technical agricultural support regarding disease control, fertilizers and pest management.

Live Clean WASH (ZA) Live Clean WASH provide sanitation solution to urban lower income population of densely-populated Lusaka, who have been using pit latrines, makeshift holes outside their homes, or council-run toilets which are old, poorly maintained and unhygienic, through provision of modern toilets and showers, using customized cargo containers. Waste from the toilet will be converted to bio-fuel and fertilizers, while water used in showers and basins will be recycled for used in the toilets. Any rain water harvested will be made available to residents as a source of fresh drinking and cooking water.

Eco Group (UG) To provide clean and efficient fuel energy solution to household, where mostly girls and women have to live and work in smoke filled kitchen and girls have to leave school early to collect fuel woods, Eco Group has explored eco-friendly and efficient fuel energy solutions. Among a number of alternatives explored, Eco Group manufactures and distributes eco-friendly cook stoves that use volcanic rocks fuels in low income market, by engaging and supporting low income people to be suppliers of fuel, stoves technicians and distributors. 90% of the targeted 330 new job creation as suppliers and distributors are women.

7,522 63%

75,072

6,571

28,192

3,600

17,041

750

902

303

693

1,500

2,504

3,034

835

1,759

6,400

439

2,016

3,600

3,705

14,400

SANO Beverage

Tulip Addis

Triple Bottom Line

Desert Rose

Winsol

Dream Light

Ahadoo Tec

29%

29%

62%

38%

20%

93%

14%

7.06%

10%

47%

51%

36%

31%

13%

62%

61%

63%

14%

26% 25%

COMPANY PROJECTED BENEFICIARIES

PROJECTED IRR


PROJECTED IRR


PROJECTED IRR


PROJECTED IRR

2,605

223

236

5,127

176,419 160

1,761

378

833

177,503

41

4,041

201

1,263 58%

101.80%

29%

29%

20%

39%

55%

155%

22%

27%

21%

-29%

9%

32%

Sky Food

Mutekenya Farm

Innovati Resource

Eco Group

Chap Chap Africa


PROJECTED IRR


PROJECTED IRR


PROJECTED IRR


PROJECTED IRR

Funded by

Managed by

In partnership with

Portfolio IAP support private business initiatives that are:

Innovations Against Poverty is funded by Swedish

International Development Agency (SIDA) and managed by

SNV in partnership with Inclusive Business Sweden and BoP

Innovation Center

For more information, please visit

www.innovationsagainstpoverty.org

Or contact us at

[email protected]

@InnovationsIAP

@InnovationsIAP

/IAP Innovations Against Poverty Fund

innovative market based solutions for...

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