Deadline: July 24, 2017
Swedish International Development
Cooperation Agency (Sida) launched
the Innovations Against Poverty Fund
(IAP) to stimulate private sector
development initiatives which
otherwise would not have taken place.
The IAP fund functions as a risk
sharing mechanism, with the specific
mandate to identify and support
innovative Inclusive Business models
that deliver both commercial benefits
for the private sector and
developmental benefits – such as the
creation of jobs, income increase and
access to basic goods and services –
for low income people, prioritizing
women and youth.