Ennovent accelerates innovations creating a sustainable impact on low income people. We work with a global network of entrepreneurs, investors and experts to discover, finance and scale up the best innovations. We envision sustainable living for people at the base of the economic pyramid.
People with low income living in underserved markets (also called BoP) have limited access to basic goods and services and constraints to supply labour, products and services to markets.
Innovative, for-profit solutions can mitigate some of these problems. Entrepreneurs, investors and experts are committed to advance such solutions, but are often not connected to work together and share limited funds, resources, expertise or networks.
Our mission is to accelerate innovations creating a sustainable impact on low income people.
We discover innovations through our free online Directory and a global search process, called Challenges. We provide a diversity of capital to the best innovations through our Impact Investment Holding and the Impact Circle (a group of trusted partner investors and experts). We scale the impact of these innovations through Requests, an online tool to crowdsource support for everyday business needs.
We are guided by a set of core values, which define the way we work. We respect the people we work for and with and foster a culture of creativity and innovation to be able to promote sustainable and long-term change. We conduct our activities according to the highest ethical standards and strive to make a fair profit to fulfil our mission.
Although we plan to expand widely, we initially focus on supporting entrepreneurs with innovations valuable to the base of the economic pyramid in India.