Pillar III : How do we facilitate access to finance and other resources for social entrepreneurs?
Source: SDC I3 Latam CH
In order to facilitate access to finance and other resources, 10 outstanding entrepreneurs are selected every year to participate in an acceleration program - I3 Latam. The specific objectives are two-fold:
- To provide these social entrepreneurs with advice and the necessary tools to develop and validate their business strategies (strategic growth plan).
- To link them with funding sources in order to enable their strategies and prepare them to seek investment.
The acceleration program is divided into three phases: 1) Training Needs Strategy and Identification, 2) Development Strategy for Growth and 3) Analysis and Validation of the Growth Plan .
This initiative is led by New Ventures Mexico, a leading organization in the field of social business and impact investing in the region, founded and led by Ashoka Fellow Rodrigo Villar. It is part of the four-year program led by the Swiss Agency for Development and Cooperation, Hystra and Ashoka to support social entrepreneurship in Latin America.