ennovent seeks to fill a valued niche in the effort to promote sustainable development at the base of the economic pyramid in developing countries.
Our business approach focuses on the following unique aspects:
1.Base of the Pyramid
People with low income have limited access to basic goods and services at affordable prices and constraints to supply labour, products and services to local and global markets. The target group of ennovent is low income people living in underserved markets at the BoP.
2.Innovations for Sustainability
Innovative, for-profit products, processes, services and business models can mitigate some of these challenges at the BoP. We discover entrepreneurs with relatively simple, low-cost and scalable products or services with a positive social, economic and environmental impact on people at the BoP.
3.Sourcing Innovations Globally
Such innovative solutions to challenges at the BoP are dispersed across different sectors and regions. Jointly with NGOs, companies, universities and other organizations, ennovent actively seeks out the best innovations across all these sources in developed and emerging economies.
4.Diversity of Capital
The financial needs to develop and scale these innovations are different for each enterprise. In response, ennovent through its Impact Investment Holding and the Impact Circle offers flexible finance tools tailored to the needs of each enterprise.
Our Global Network enables us to effectively work with the best professionals and companies in India and globally. Managed through an internet platform, the Global Network connects and facilitates collaboration of a large number of members - entrepreneurs, investors and experts.
Success at the Base of the Pyramid (BoP) does not only require financial skills. ennovent’s team and its advisors and partners holds a broad set of skills and local and international knowledge from working in developing countries. Our collective expertise in social, environmental and business fields contributes to the success of our enterprises.