The Swedish embassy in Lusaka will on May 5 hold the Zambia launch of the Innovations Against Poverty programme.
Innovations Against Poverty in Zambia manager Andrew Kambobe announced in a statement that the project was a new funding opportunity for entrepreneurs who fight poverty through innovation and that it was being financed by the Swedish International Development Cooperation Agency (Sida).
“This is a three-year-programme through which companies can get financial support and advice on inclusive business models. Sweden is encouraging companies and market oriented NGOs in Zambia to apply for the Innovation Against Poverty programme. Innovations in technology and business practices are critical in creating opportunities for people living in poverty to improve their living conditions,” read the statement in part. “Innovations is designed for companies based or operating in developing countries like Zambia. IAP will focus on smaller organisations with innovative ideas as well as larger companies that need advice and support to develop inclusive business models, which expand opportunities for the poor and disadvantaged. Companies can be active in all sectors where innovation leads to poverty reduction, from agriculture and infrastructure to health and education. In addition to the global IAP programme, a specific window for Zambia is
shortly to be established by the Embassy of Sweden, which in its first phase will be open for one year.”
“Our goal is to fund about 60 new services and products worldwide. We also target companies wishing to export to – or who are already involved in – developing countries to expand business and local community development,” says Charlotte Petri Gornitzka, Director General of Sida, who visited Zambia in November last year.
Innovations Against Poverty in Zambia manager Andrew Kambobe announced in a statement that the project was a new funding opportunity for entrepreneurs who fight poverty through innovation and that it was being financed by the Swedish International Development Cooperation Agency (Sida).
“This is a three-year-programme through which companies can get financial support and advice on inclusive business models. Sweden is encouraging companies and market oriented NGOs in Zambia to apply for the Innovation Against Poverty programme. Innovations in technology and business practices are critical in creating opportunities for people living in poverty to improve their living conditions,” read the statement in part. “Innovations is designed for companies based or operating in developing countries like Zambia. IAP will focus on smaller organisations with innovative ideas as well as larger companies that need advice and support to develop inclusive business models, which expand opportunities for the poor and disadvantaged. Companies can be active in all sectors where innovation leads to poverty reduction, from agriculture and infrastructure to health and education. In addition to the global IAP programme, a specific window for Zambia is
shortly to be established by the Embassy of Sweden, which in its first phase will be open for one year.”
“Our goal is to fund about 60 new services and products worldwide. We also target companies wishing to export to – or who are already involved in – developing countries to expand business and local community development,” says Charlotte Petri Gornitzka, Director General of Sida, who visited Zambia in November last year.
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