In this section, we will update you with announcements from the ecosystem of inclusive business, pre-selected according to their relevance for inclusive business ventures.
List: IB in the news
SNV has joined hands with DBCCI for engaging the private sector to bring more Inclusive Business (IB) solution for readymade garments (RMG) sector. DBCCI will be supporting private companies to build knowledge, design inclusive business model, piloting and promoting in national and international arena. DBCCI is inviting private companies to design and pilot IB Models to serve RMG workers to improve their health and wellbeing.
The deadline for submission of proposals is January 31, 2020.
Inclusive Business Thematic Intervention areas:
Four global issues clearly stand out as urgent and important, and will feature prominently on the agenda at the Annual Meeting 2020 in Davos: 1. How to address the urgent climate and environmental challenges that are harming our ecology and economy. 2 How to transform industries to achieve more sustainable and inclusive business models as new political, economic and societal priorities change trade and consumption patterns. 3. How to govern the technologies driving the Fourth Industrial Revolution so they benefit business and society while minimizing their risks to them. 4.
The ASEAN Secretariat launched its flagship ASEAN Integration Report (AIR) 2019 in Jakarta on 26 November 2019. The AIR highlights ASEAN’s numerous measures for economic integration, primarily through the ASEAN Economic Community. The report also recognises the ASEAN Inclusive Business Framework that was endorsed in 2017 to contribute towards promoting inclusive growth of MSMEs in the region.
Global Partnerships announces the launch of the Impact-First Development Fund (IFDF), with a $55 million first close. With funding from Ceniarth, the W.K. Kellogg Foundation, and the Overseas Private Investment Corporation (OPIC), the IFDF seeks to demonstrate that investment motivated by service to poor and marginalized people has the power to expand opportunity and improve lives. This fund will provide financing to social enterprises that deliver deeply inclusive and high impact products and services that commercial markets fail to adequately support.
The Global Steering Group (GSG) for Impact Investment signed an agreement with the United Nations Development Programme (UNDP) to work for all investment take impact into account. Achievement of the UN Sustainable Development Goals (SDGs) is to be pursued through adoption of global SDG Assurance Standards that provide guidance on how investors and enterprises contribute to the SDGs. In addition, the initiative has developed new market intelligence, the SDG Investor Maps, that translates country-level data collected by the UN system into investment facing opportunities.
On 8 November, the competitive Myanmar Inclusive Business Challenge 2019 Pitch Day is being held at the Chatrium Hotel in Yangon. It is a part of the inaugural Inclusive Business Challenge jointly organised by the UK aid-funded DaNa Facility and the Myanmar Young Entrepreneurs Association (MYEA), with financial support from A Bank to raise awareness of the potential of inclusive business and to provide recognition for enterprises that create significant social impact.
In this first Call for Concept Notes, the Programme is inviting innovative ideas for specific impact investing products, tools and services that address system level market barriers and that aim to increase the flow and distribution of capital aligned to the Global Goals to Sub-Saharan Africa and South Asia. The deadline for submitting concept notes is Wednesday, 20 November 2019, 12 pm BST.
Intellecap expects to launch a regional innovation hub for South/South East Asia in May 2020 and wants to know all of the relevant small and growing enterprises in the region. If your enterprise operates in South or South-East Asia and seeks to increase food production through sustainable water and energy usage, then take a few minutes to fill out the questionnaire. This will also shortlist you for the Hub staff so they know to reach out when new funding opportunities arise.