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In our latest position paper, we illustrate how Ennovent’s venture partnership model can enable impactful private-sector collaboration in low-income markets. Low-income markets present lucrative opportunities for corporations and startups to create a sustainable impact and fair profits. Globally, 4.5 billion people live in these underserved markets with combined spending of $5 trillion (International Finance Corporation, 2014). Corporations, while increasingly drawn to low-income markets, have often relied on conventional wisdom and business models to access these markets. Some of the predominant models currently employed include internal innovation, corporate incubators, and strategic investments. Despite the existence of these models, collaborations are often not seamlessly...

Fair Trails, a business venture between Ennovent, Trail Angels, and Pilum Digital, promotes sustainable travel experiences. The partners work towards designing trails, training local partners and managing a fund to implement sustainable projects along the trails. After the travel restrictions following COVID-19 were lifted, the Fair Trails team embarked on its most recent Explorer Tours in Nepal in March 2022. Günter Mussnig, Partner, Fair Trails, explains what an Explorer Tour is – “Once a new trail has been scouted and the core services designated by the Fair Trails Team, an Explorer Tour is set up to test, evaluate and improve the...

Chandrakanth Komaragiri is the Country Director, Ennovent – India. In this Q&A, he reflects on his nine-year journey with Ennovent and the social enterprise landscape in India.  Tell us a bit about your journey at Ennovent. Where did you start, and how has the growth been? I joined Ennovent in 2013 as an Associate supporting its Discover vertical  -  I worked with the team to identify investible impact-focused social enterprises in India and beyond. In the last nine years, my role and responsibilities underwent several changes, and I got the opportunity to be more client-facing over time. Within two years of working...

The Healthy Cities for Adolescents (HCA) Program is a global initiative funded by the Swiss philanthropic organisation Fondation Botnar. Phase 1 of the program was managed by the International Society for Urban Health (ISUH), based in New York.  Phase 1 of this global program, which concluded in May 2022, comprised seven projects addressing the health and well-being of young people living in secondary cities. The projects were based in Senegal, Ghana, India, Vietnam, and Colombia. In India, the program was anchored by Ennovent and initiated through projects in smart cities in two states – Jaipur in Rajasthan and Bhubaneswar in Odisha.  The...

Ennovent partnered with Veolia, a global leader for optimised resource management, to implement Veolia's Pop Up programme in India. Pop Up India is a unique program that uses open innovation and co-creation between Veolia and promising startups to address existing business challenges and explore new opportunities with social and environmental impact in India. The first edition of Pop Up India was launched in 2018 and focused on co-creating business solutions in the space of waste and water. Following the success of its first edition, Pop Up India 2.0 was launched in February 2020 and called for applications from social enterprises working...

The Langtang National Park in Nepal attracts around 18,000 annual visitors, bringing international visitors to the High Himalaya of Nepal, but also contributing to a large amount of plastic waste from water bottles and soft drink bottles. PSD Nepal (Partnership for Sustainable Development, an organisation that aims to facilitate social transformation, development, and empowerment, by providing consultancy for executing, monitoring, and evaluating development projects, has an ongoing plastic waste management project in Langtang National Park. Since 2017, their project encourages trekking and tourism in the region whilst limiting the environmental damage by clearing and recycling 40,000 PET bottles a month,...

Fair Trails is a business venture between Trail Angels, Ennovent and PILUM digital that promotes safe, responsible and inclusive travel experiences in the Himalayas. Launched in 2018, the venture successfully designed two new Fair Trail’s experiences in Nepal's Manang and Chepang regions, which are open for exploration as of March 2022. Central to designing these travel experiences is promoting inclusive, sustainable development in the target destinations through fair partnerships with local tour operators, trekking agencies and other service providers such as homestays, lodges and shops. With this approach in mind, Fair Trails has joined hands with Global Himalayan Expedition (‘GHE’) to...

The Healthy Cities for Adolescents (HCA) Program is a global initiative funded by the Swiss philanthropic organisation, Foundation Botnar, and managed by the International Society of Urban Health (ISUH) based in New York. In India, it is being managed and implemented in partnership with Ennovent. The HCA Program has now announced the Healthy Cities Ideas Challenge. What is the Healthy Cities Ideas Challenge? The Healthy Cities of Adolescent (HCA) India is launching the "Healthy Cities Ideas Challenge" wherein it will identify and promote youth (10-19 years) led solutions and aims to support ideas of young leaders and organisations working with adolescents from low-resource...

We highlight some notable business and project-level developments in 2021 with you in this blog post.   2021 was an unprecedented year for us all, as the pandemic continued to impact each of us personally and professionally in myriad ways. Nevertheless, we at Ennovent are grateful for the support of our clients, partners, and well-wishers who enabled us to go about our mission of catalysing business ventures with sustainable solutions in low-income markets. Looking back at the year that was, we emphasised our venture partnership approach in response to the needs we observed in the entrepreneurial ecosystem. We re-engaged several clients to...

The Healthy Cities for Adolescents (HCA) Program is a five-year global initiative funded by the Swiss philanthropic organisation, Fondation Botnar, and managed by the International Society of Urban Health (ISUH) based in New York. This global program includes seven projects addressing the health and well-being of young people living in secondary cities. The projects are based out of Senegal, Ghana, India, Vietnam, and Colombia. In India, the program is being anchored by Ennovent and has been initiated through projects in Smart Cities in two states - Jaipur and Udaipur in Rajasthan and Bhubaneswar and Cuttack in Odisha. Haqdarshak and World Resources...

 

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