THE GROWTH STAGE IMPACT VENTURES INITIATIVE: 2019 ENTREPRENEURS
UNDP, through its annual SDG Finance Geneva Summit (SGSGeneva), strives to identify – through a highly competitive process – 15 to 20 innovative entrepreneurs from emerging markets who have developed at-scale products and services that contribute to solving some of the main economic, social, and environmental challenges of our time while achieving commercial success.
The resulting innovators and start-ups represent top-notch impact-focused entrepreneurs, showcasing some of the best investable ideas and business models to implement the SDGs.
The GSIV selection process, organized by UNDP, EPFL Tech4Impact, Orange, and SAP, focuses on mature impact ventures in emerging countries with a catalytic potential that can drive both large impact and yield.
The 12 finalists represent innovative solutions for the SDGs across three themes (access to health, energy, and financial services) and 11 developing countries. They have a proven business model, have raised their Series A or have reached break-even of their operations, and can grow and deliver large impact while demonstrating their profitability.
Established in 2011, Frontier Markets aims to broaden rural communities’ access to clean sources of energy using an entrepreneurial model. The company trains and empowers women to sell and service solar power solutions and other appliances to rural communities.
Established in 2010, Ignitia Tropical Weather Forecasting (Ignitia) has developed a state-of-the-art weather forecasting model tailored specifically for predicting tropical weather in West Africa. With 84% accuracy rates, this tool allows farmers to optimise crop production and has a positive impact on their bottom line.
Established in 2010, Sistema.bio makes durable, lowcost biodigesters that convert farm waste to clean energy in partnership with smallholder farmers in eight developing countries (Latin America, East Africa, and Asia) to address the challenges of poverty, food security, and climate change.
Established in 2010, Amartha is the leading fintech peer-to-peer microlending to the unbanked in the region. Fast forward to 2019, over 250,000 grassroots women entrepreneurs are empowered, and Amartha have started tackling an even greater challenge: to alleviate poverty and reduce income inequality by connecting more funds to villages.
Established in 2010, ayzh Health & Livelihood Pvt Ltd. (ayzh) serves the world’s most vulnerable women, girls, and babies by offering women-focused products, addressing Reproductive, Maternal, Newborn, Child and Adolescent Health (RMNCH+A).
Established in 2015, Totohealth tackles high maternal and child mortality rates in East Africa, especially in Kenya, by providing advice to mothers in marginalised communities through AI-enhanced mobile innovation.