Scale up Social and Impact Entrepreneurship


Social and Impact Enterprises (SIEs) address critical social and environmental challenges while being innovative, and generating positive development impact. For SIEs to thrive, they require an environment with well-functioning Ecosystem Support Organizations (ESOs). Strengthening SIEs and ESOs – with a focus on forcibly displaced persons – is a powerful catalyst for achieving the SDGs, aligning with Switzerland’s interest in contributing to sustainable and inclusive economic growth. 

Región/País Tema Período Presupuesto
A nivel mundial
Empleo y desarrollo económico
Migración
Desarrollo de pequeñas y medianas empresas
Migración en general (aspectos de desarrollo y partenariados)
Apoyo a empresas e inclusión económica
Creación de empleo
22.09.2023 - 31.10.2028
CHF  8’000’000
Contexto A new generation of pragmatic, innovative and visionary SIEs is drawing on a mix of business, philanthropic and social movement models to develop adaptable, aid-independent and more sustainable solutions for the SDGs. The potential of this sector is increasingly attracting the interest of the investment community. However, many SIEs are still at an early stage of development. They lack the appropriate ecosystems to develop their full potential, and they face several challenges (access to finance, etc.) throughout their lifecycle, which hinder their growth to scale. This is particularly true for SIEs serving lowincome individuals and vulnerable groups, including displacement affected communities, and specifically for SIEs operating in SDC priority regions. This programme aims at scaling up innovations and good practices, building on lessons learned from past programmes, and enabling new innovations in Africa, with a special focus on gender and displacement affected communities.
Objetivos SIEs thrive and contribute to sustainable development goals (SDGs) through fostering inclusive economic growth for vulnerable people – including displacement affected, reducing poverty, addressing social challenges and gender inequalities through higher incomes, decent jobs as well as access to goods and services.
Grupos destinarios
  • 124-130 SIEs (direct capacity building for 100, of which at least 40 will be FDP-led; indirect through ESO for 24-30), out of which 24 SIEs are granted financial investment of USD 200’000 each, and 40 FDP-led SIEs additional USD 30’000.- (in average) in grants and investments
  • 45 ESOs
  • 120’000 low-income individuals, including 40’000 forcibly displaced persons, through jobs, increased income or the provision of goods and services 
Efectos a medio plazo
  1. Strengthened SIE and Ecosystem Support  Organisation :  -  Support structures and networks for SIEs and ESOs are strengthened in targeted regions, improving access to growth opportunities 
  2. Scaled-Up  Impact  of  SIEs  :  Increased capacity of SIEs to deliver impact at scale, including for the forcibly displaced persons
  3. System Change : Strengthened collaboration and adoption of inclusive, innovative SIE and forcibly displaced persons (FDP)-focused SIE interventions among diverse stakeholders

 

Resultados

Resultados previstos:  

  • Local and regional ESOs are trained to support SIEs and their particular needs
  • Investment readiness of SIEs is improved 
  • Operational and strategic capacities of SIEs are strengthened to deliver impact to marginalized communities (including FDPs), and catalyze gender transformation
  • Increased financing options for SIEs to promote innovation and diversification of funding sources


Resultados de las fases anteriores:   SDC has a long and positive track record of supporting SIEs in specific development contexts (e.g. in Latin America and the Caribbean or Middle East) and themes (e.g. water or migration). Previous SDC funded projects have shown that SIEs need support on different dimensions to stay on their social mission: business acumen in general, investment readiness, impact measurement, and gender equality have been identified as the most important issues to be addressed when supporting SIEs. Support from ESOs and investors along these lines has proven as crucial. Thanks to its previous support to SIEs, SDC is recognized in this sector as a pioneer and innovator.


Dirección / Officina Federal responsable COSUDE
Contrapartes del proyecto Contraparte del contrato
Sector privado
  • Sector privado extranjero Norte

Contraparte de la implémentación
Draper Richards Kaplan Foundation (contract partner) in collaboration with Amahoro Coalition and GrowthAfrica (sub-contractors) 

Coordinación con otros proyectos y actores
  • Impact-Linked Finance (ILF) projects, such as ILF for Eastern and Southern Africa, ACELI and Scaling-Up of ILF
  • Projects supporting social and impact entrepreneurs and ESOs, such as the Financing durable solutions initiative in the Horn of Africa, including support to ACUMEN; support to Inkomoko in Dadaab
  • Close coordination with SDC’s Africa Division (Regional Thematic Advisors, Swiss Representations)
Presupuesto Fase en curso Presupuesto suizo CHF    8’000’000 Presupuesto actual suizo ya emitido CHF    1’577’928 Total del proyecto desde la primera fase Presupuesto suizo CHF   31’500’000 Presupuesto inclusive contrapartes del proyecto CHF   19’000’000