Launching a first-of-its-kind initiative, a group of the nation’s leading foundations are committing to Entrepreneurs have expressed increasing needs for a one–stop shop that is relevant to the low-income markets. They need a facility with the knowledge, experience and services that help them to initiate and scale up the business activities. Current offerings of business support services by different service providers have been scattered. Most of these providers are not aware of the abundant low-income market opportunities that exist or lack the required quality and capacity to create inclusive business strategies at scale. This hampers the growth of private sector involvement in these markets. The Inclusive Business Accelerator Vietnam (IBA Vietnam) is designed to both consolidate and scale-up private sector engagement in the low-income markets. It is managed by SNV Netherlands Development Organisation, in global partnership with BoP Innovation Center and Venture Capital for Africa (VC4A).
The IBA Vietnam brings together highly-regarded professionals, experienced business leaders, trusted service providers, investors, and development agencies to support interested companies, addressing their needs for market intelligence & opportunity identification, business design and readiness, management/technical consulting, investor-investee match-making. All services are tailor-made for each business.