A Global Development Innovation Hub
Social entrepreneurs’ insistence on doing social good oftentimes make their business models less flexible and financial attractive to investors. Therefore, they have more difficulties attracting advice, support and capital than other entrepreneurs.
Therefore, IFC, Dalberg, UNLEASH and the Big Bet Initiative have joined forces and are in the midst of creating an innovation hub to advice, support and fund social entrepreneurs. The innovation hub supports social entrepreneurs at all stages and in all regions. From a start-up in rural Chad in need of $1,000 USD to get started to a consolidated progressive water entrepreneurs in India struggling to scale its efforts.