Inclusive business in the news

In this section we collect note-worthy inclusive business updates

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

23. Jan 2020
Call for applications: Inclusive Business Innovation Season 2

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:

21. Jan 2020
Inclusive business is one of 4 top global issues at the World Economic Forum in Davos

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.

9. Dec 2019
"ASEAN Integration Report 2019" recognises the role of inclusive business in fostering MSME development

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.

21. Nov 2019
Global Partnerships Launches the Impact-First Development Fund

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.

18. Nov 2019
GSG signs landmark agreement with UNDP

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. 

18. Nov 2019
Myanmar inclusive businesses pitch for social impact

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.

15. Nov 2019
Apply for the ideas competition before 31 December was set up by the German Federal Ministry for Economic Cooperation and Development (BMZ) over 20 years ago to foster the involvement of the private sector in areas where business opportunities and development policy initiatives overlap. To this end, BMZ offers financial and technical support for companies registered in the EU or in a country on the OECD’s DAC that want to do business or have already begun operating in developing and emerging-market countries. The company is responsible for covering at least half of the overall costs.
4. Nov 2019
ASEAN governments and private sector commit to promote inclusive business models
The Second ASEAN Inclusive Business Summit opened on 1 November with leaders from the public and private sectors celebrating advances in building enabling policy environments and promoting inclusive business in the ASEAN member States and for the ASEAN community. At the Summit, ESCAP and iBAN launched a joint report on Advancing Enabling Policy Environments for Inclusive Businesses in the Association of Southeast Asian Nations (ASEAN), which underscores how awareness of the potential of inclusive businesses for sustainable development, and the championing of committed policymakers have been the key forces behind progress in promoting inclusive business in the region. It further highlights several policy actions and experiences of frontrunners as a potential blueprint for other countries in the region.
The DFID IMPACT Programme has recently launched its First Call for Concept Notes

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.

31. Oct 2019
USAID and partners launch Grand Challenge for Development

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.