Pillar III : How do we facilitate access to finance and other resources for social entrepreneurs?
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.