This report, which is drawn from lessons arising from the Business
Innovation Facility (BIF) Pilot, is aimed at anyone who has a role in
supporting the development of inclusive business in a facilitative role.
This will primarily be a donor or other public agency that is designing
‘private sector development programmes’, but it could also be an active
investor, incubator, or non-profit that supports such businesses,
particularly if deploying technical assistance (TA). It draws on what
worked well and not so well in the BIF pilot, with the aim of providing
readers with insights for effective support to inclusive business.
The report describes the two main tools used to support inclusive
business – technical assistance and knowledge exchange. It explores the
assumptions that underpin the BIF pilot approach: that technical support
and knowledge exchange can assist companies on their inclusive business
journey, and that company progress can deliver social goals at the base
of the pyramid.
The report is structured to report back on the four assumptions that
underpinned the design of BIF and were tested in the pilot:
- Technical assistance (on its own, without finance) can help inclusive
businesses move towards sustainability and scale
- Hands-on support to businesses generates lessons useful to other
practitioners developing inclusive business
- Successful inclusive businesses deliver development benefits
- The BIF pilot generates lessons about facilitating inclusive business
that can be useful to other donor programmes
Ashley, C.; Harrison, T.; Schramm, C.; et al. Adding value to innovation? Lessons on donor support to inclusive business from the Business Innovation Facility pilot. Business Innovation Facility, (2014) 40 pp.
Adding value to innovation? Lessons on donor support to inclusive business from the Business Innovation Facility pilot.