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    THE GROWTH STAGE IMPACT VENTURES INITIATIVE: 2021 FINALISTS

    UNDP, through its annual SDG Finance Geneva Summit (SGSGeneva), strives to identify – through a highly competitive process – up to 12 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 are the best 5% of recommended enterprises that met the criteria across the world and represent innovative solutions for the SDGs across three themes (Access to Quality Health Care, Access to Affordable and Clean Energy, and Reducing and Recovering Waste) and 10 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.

    Read more about the GSIV selection process

    GSIV FINALISTS 2021

    Access to Affordable and Clean Energy


    ILUMEXICO

    México City, México




    Established in 2009, Iluméxico is a certified B Corp social enterprise that provides energy access to more than 106,000 users living in off-grid communities throughout Mexico and Colombia, with the aim of creating structural change and opportunities for low-income families and influencing electrification policies.


    Read more about iluméxico 


    KINGO

    Guatemala City, Guatemala




    Established in 2013, Kingo turns lives ON through a prepaid solar energy service that combines state-of-the-art technology and commercial innovation to bring to Bottom of the Pyramid customers affordable and clean energy, thus replacing dirty, harmful, and expensive alternatives. Its vision is to create the largest clean energy consumer base in history.
     

    Read more about Kingo


    EASY SOLAR

    Freetown, Sierra Leone




    Established in 2016, Easy Solar is transforming the way off-grid communities live, by providing financing solutions for solar-powered lighting and appliances to households and entrepreneurs. Enabled by pay-as-you-go (PAYGO) technology and mobile money, deep community engagement, strong customer service and a wide network of agents going the last mile, Easy Solar is developing across West Africa.


    Read more about easy solar



    POWERSTOVE

    Lagos, Nigeria



    Established in 2018, Powerstove develops affordable and sustainable energy solutions to meet the energy demand from households in Sub-Saharan Africa. The Powerstove clean cookstove combines clean energy, IoT and mobile phone technology.




    Read more about Powerstove

    ACCESS TO QUALITY HEALTH CARE


    LIVOX

    Recife, Brazil



    Established in 2016, Livox uses affordable technology and artificial intelligence applications to provide alternative communication tools to empower people with disabilities and learning impairments to communicate, improve access to education, health, and employment, and thus, contribute to empowered people and inclusive societies. 


    Read more about Livox




    Bempu

    Bangalore, India



    Established in 2013, Bempu develops innovative technologies that help newborns survive in low and middle-income countries. It delivers life-saving technology interventions, such as the TempWatch neonatal bracelet, which monitors newborns’ temperature, saving them from hypothermia.



    Read more about Bempu


    Vula Mobile

    Cape Town, South Africa



    Established in 2014, Vula Mobile uses its mobile technology and apps’ ecosystem to solve the problem of communication between health workers and specialists. The company has designed the Vula Mobile eReferral and Chat App. 



    Read more about Vula Mobile





    Mamotest

    Corrientes, Argentina



    Established in 2013, Mamotest is a teleradiology social impact company which is democratizing access to high-quality early diagnosis, drastically reducing mortality rates for breast cancer. It leverages teleradiology to transcend socioeconomic and geographic barriers.


    Read more about Mamotest

    Reducing and Recovering Waste

    GARV TOILETS

    Faridabad, India


    Established in 2015, GARV Toilets endeavours to be the leading sustainable WASH solutions provider to the underserved communities in the developing world, leveraging the latest technologies for improving community health and providing a rich user experience through Internet of Things (IoT) enabled smart sanitation hubs. It aims to cater to one million users globally by 2022.


    Read more about GARV Toilets


    Sinba

    Lima, Peru 
     


    Established in 2016, Sinba seeks to create a world #sinbasura (“without waste” in Spanish) by building a circular food system and innovations in solid waste management, offering a sustainable, inclusive and cost-effective solution for businesses and households in Peru, where nothing is left over and nobody gets left out.



     Read more about Sinba




    Cold Hubs

    Owerri, Nigeria



    Established in 2015, ColdHubs is a social enterprise that designs, installs, commissions, and operates 100% solar-powered walk-in cold rooms to preserve fresh fruits, vegetables, and other perishable food. The company aims to eliminate the negative impacts of food spoilage along the food supply chain, which currently affect the income of 470 million smallholder farmers globally.



    Read more about Cold Hubs



    Saathi

    Ahmedabad, India




    Established in 2015, Saathimanufactures 100% biodegradable and compostable pads. It creates a circular economy model in the hygiene industry establishing itself as a sustainable consumer packaged goods (CPG) company.






    Read more about Saathi

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