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
The UNCTAD Empretec Women In Business Awards were created to acknowledge the great achievements of women entrepreneurs trained by UNCTAD’s Empretec programme. Julian Nyamahunge Omalla. who won the award in the IB special category, is chief executive of Uganda's favorite juice maker, Delight Ltd. She has mobilized and engaged hundreds of vulnerable female farmers ensuring that each woman would have at least one acre of fruit orchard intercropped with short-term seasonal crops for income and sustainability.
This Innovation Challenge Call will support the piloting or scaling of inclusive business solutions in Uganda as a mechanism to recover from the impact of Covid-19, by addressing key business level barriers through targeted funding and/or targeted technical assistance. Proposals can be submitted until 26 February 2020.
Join us on 10 December at 3pm CET for the Empretec Women in Business Award! Women across the world are building more social and environmentally-friendly businesses. UNCTAD will honour some of them. Follow the live event here!
President Joko Widodo has said he believes the Indonesian Chamber of Commerce and Industry (Kadin) would be able to provide assistance to two million independent farmers, or double the number of current beneficiaries, by 2023. The business collaboration would increase production and the welfare of the farmers, he pointed out.
Access to the internet is an essential part of development today. A rewarding market exists in low-income countries for companies with innovative solutions to bridging the digital divide.
COFIDES has presented the Huruma Fund, an impact investment fund that will provide financing to smallholder farmers or those excluded in rural areas of Latin America, the Caribbean, sub-Saharan Africa, and Asia. The fund consists of 120 million euro, provided by the European Union, FONPRODE, COFIDES, and private investors. Furthermore, a Technical Assistance Facility (TAF) has been set up.
The government of the Phillippines is inclined to grant incentives to potential investments related to advancing the coronavirus response efforts as well as the Balik Probinsya program in the country. The two categories are included in the 2020 Investment Priorities Plan (IPP), a list of preferred business activities approved by President Duterte.
Did you miss the Inclusive Business Forum 2020 by IB Sweden? Watch the recording to learn more about collective efforts to meet the Sustainable Development Goals by 2030! The event focuses on concrete actions that create and accelerate inclusive business initiatives with developing markets.
Social entrepreneurship, is taking hold worldwide, and Latin America has been no exception. In Peru, the social entrepreneurship ecosystem is still young and developing, with key support ecosystem actors emerging. It is imperative that this ecosystem continue to evolve and grow.
Zurich Insurance Group AG aims to stop setting monetary targets for its impact investments and to start investing "as much as needed" to meet its climate and social goals, the company said on November 17. Zurich said it has developed a methodology to measure impact across various asset classes.