Innovation is at the heart of inclusive business, but when does ‘innovative’ become ‘unconventional’?
How about when it delivers something unusual, like breeding insects for human consumption? That’s the focus of Innovations Against Poverty (IAP) grantee ICCO, who is developing a whole value chain for breeding,…Continue
Added by Suzanne Krook on April 1, 2014 at 19:00 — No Comments
“Disrupt or be disrupted”.
That’s one of the key messages in a new report by SustainAbility looking at business model innovation. In particular, the report focuses on innovation in the context of sustainability and how different game-changing innovations are being born from the pressing need for more sustainable approaches to production and consumption.
Added by Suzanne Krook on April 1, 2014 at 8:00 — No Comments
Programmes such as Sida’s Innovations Against Poverty (IAP) are a learning journey for donors as much as it is for the businesses they are supporting. So as much as there are insights for business, there are lessons for donors and grant makers as well. Here are five top lessons for donors that emerged from IAP:
1. Embrace risk and be patient
These lessons are so well documented from other programmes that they are almost mantras: don’t be risk averse, be patient, expect…Continue
Added by Suzanne Krook on March 10, 2014 at 7:19 — No Comments
When it comes to starting a social enterprise, things rarely go to plan. This was the key finding in our review of the Innovations Against Poverty (IAP) portfolio last year, and is echoed in the recently released Business Innovation Facility (BIF) findings. …Continue
Added by Suzanne Krook on February 18, 2014 at 23:25 — No Comments
This blog was written by Suzanne Dagseven, Innovations Against Poverty.
In the third and final year of the IAP pilot period, we’ve had the chance to evaluate the progress, challenges and achievements of IAP grantees who have been implementing their IAP funded initiatives over the past year or so. It’s been interesting to see how things work out in these early stage inclusive businesses as they take their ideas from…Continue
Added by Innovations Against Poverty on November 18, 2013 at 10:48 — No Comments
Systemic impacts are the ultimate goal of almost any donor-funded initiative that supports business in development. In the case of IAP, that means that Sida’s money not only supports the individual inclusive businesses that receive grant funding (helping them to reach the poor with their products, services and business models), but also changes the broader sector so that more poor people are included in markets as producers, suppliers, distributors and customers. These knock-on, systemic…Continue
Added by Suzanne Krook on November 11, 2013 at 12:30 — No Comments
A number of years ago, a partner and I started up our own business. I remember the challenges of those early days: researching the market, developing business plans, trying to get funding from the banks, finding suppliers, trying to attract new customers and fending off the competition. Starting a small business is tough in any market.
But starting a small business designed to serve the base of the pyramid comes with a whole other set of challenges. There is little if any public data…Continue
Added by Suzanne Krook on October 7, 2013 at 20:00 — No Comments
As the name suggests, innovation is a critical aspect of the Innovations Against Poverty (IAP) programme. IAP-supported initiatives provide an opportunity to look in more detail at where innovation occurs in an inclusive business model, how it is managed and what makes innovation most likely to be successful in an inclusive business.
Where innovation happens in the business model
Innovation comes in different shapes and sizes in the IAP programme. In terms of the…Continue
Added by Suzanne Krook on September 5, 2013 at 22:00 — No Comments
The right partnerships, agreements and interactions with stakeholders (particularly government) can make or break an inclusive business start-up. In fact last year’s report on the Innovations Against Poverty (IAP) programme found that external partnerships was the biggest constraint faced by IAP-funded companies…Continue
Added by Suzanne Krook on July 2, 2013 at 22:00 — No Comments
Are you someone who believes that solar power can solve the problem of getting cheap, clean energy to people living off the grid in developing countries? Do you believe that a solar lighting enterprise has great ‘inclusive business’ potential but are unsure about how to get started? If so, our latest Spotlight publication on…Continue
Added by Lara Sinha on May 16, 2013 at 14:00 — No Comments
Making 'deals' with government and partners. Managing innovation. Getting the cost model right. And moving beyond an IAP grant to further finance. These have all emerged as critical issues in the first overview of progress and lessons in the portfolio of Innovation Against Poverty (IAP).
Last week the first Knowledge Exchange Report from IAP was published, entitled…Continue
Just how big is the gap between what entrepreneurs say they will achieve, and what happens in practice? And in the absence of a crystal ball, what tools and criteria do we use to assess the likely trajectory?
These questions are addressed in two analyses recently published by the Business Innovation Facility, in its Portfolio Review at the end of…Continue
Mobile services in agriculture used for information services, creation of new learning tools and market updates seems to be the area where the speed of innovation is now seriously picking up in Africa, as mobile networks have reached critical size and penetration to allow for new application creation. Sida is arranging a seminar titled "Can mobile phones improve agricultural productivity, resilience and food security?" 29 May at their HQ in Stockholm together with…Continue
An agriculture company that’s looking to enhance its local sourcing strategy, an education initiative whose vision is to make internet connectivity available for all children in Tanzania and a health venture that aims to replicate successful health approaches from elsewhere. All these, and others, were in the 70-strong audience at Innovations Against Poverty (IAP) launch in Tanzania/ Dar es Salaam in the beginning of March. The event was a full house, with more people attending than were…Continue
Innovations Against Poverty, the new challenge fund by Sida, had a successful start last year with hundreds of entrepreneurs getting engaged and nearly 30 companies receiving financial support. The funding and outreach is now increasing to also target middle income countries in the Middle East and North…Continue
Added by Innovations Against Poverty on March 12, 2012 at 16:30 — No Comments
Innovations Against Poverty's newly released Guide to IAP assessment criteria outlines how applications and concept notes are reviewed and assessed against a set of five eligibility criteria:
Added by Innovations Against Poverty on February 23, 2012 at 11:30 — No Comments
Added by Ruth Brannvall on February 10, 2012 at 13:30 — No Comments
Specialty food business Lotus Foods was awarded a small grant to scale up its sustainable rice initiative in IAP's first funding round last year. The company has now been profiled in Specialty Food Magazine, part of the National Association for the Specialty Food Trade, in a recent article entitled…Continue
Added by Innovations Against Poverty on January 10, 2012 at 12:30 — No Comments
Three billion people in the developing world use open fires or wood charcoal for cooking. Cooking over open fire produces black soot and toxic gases, leading to the premature death of 1,8 million persons yearly, mainly women and children. It is also estimated that particulates from open fires is responsible for 18% of the greenhouse effect. Many low-income families spend a substantial part of their household income on wood or charcoal for cooking. Others spend a lot of time collecting wood…Continue
Added by Mattias Ohlson on January 10, 2012 at 8:30 — No Comments
In November 2011, the first round of projects to receive support from Innovations Against Poverty were selected for both small and large grants. The IAP team has analysed these projects to determine their key characteristics including geographical and sectoral spread, size and type of applicant organisations, and main beneficiary groups. The main findings of this analysis are summarised in two-page summary.…Continue
Added by Innovations Against Poverty on January 9, 2012 at 17:45 — No Comments