The New Ventures Fund Program

The New Ventures Fund program by Water.org searches for new solutions to the global water crisis. The program is supported by IKEA foundation to help 180,000 get safe water in Bangladesh.

The New Ventures Fund Program

In 2014, IKEA foundation granted Water.org $6.3 million (€ 4.7 million) to support efforts access to safe water and sanitation for a hundred and eighty thousand people in Bangladesh. The foundation's aims to support two innovative programmes: the WaterCredit Initiative and the New Fund Ventures Program.

The New Ventures Fund is Water.org’s principal source of innovation funding to pilot, disseminate and scale initiatives that address the underlying causes of the water crisis−lack of capital, accountability, transparency and participation in the cause. Launched in 2011, the New Ventures Fund empowers Water.org to explore models and approaches to advance and accelerate its positive impact against the water crisis.

Partners

  • Water.org

    Implementing NGO, Advocacy NGO
    United States | Staff size: 51-100

    They've empowered more than 10 million people with access to safe water and sanitation.

    They believe water is the way. To break the cycle of poverty. To protect and save lives. To make a...

  • The IKEA Foundation

    Foundation
    Netherlands | Staff size: 26-50

    IKEA Foundation (Stichting IKEA Foundation) is an independent charitable foundation that oversees IKEA’s global philanthropy. The Foundation resides in the Netherlands and their funds...

More Resources

Key Information

LocationBangladesh
StatusActive
  • Start Date 2014
Sectors