Foto: Thu Ha Nguyen, 2017

Impact SME Development Programme

We provide support to impact-driven small- and medium-sized enterprises (Impact SMEs). They receive business & impact training, tailored consultancy services and are linked to investors and banks. These local businesses bring positive impact to their (smallholder) suppliers, employees, customers and wider communities in the form of income, jobs, sustainable production and relevant products & services.

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Partnerships & approach

Oxfam works with local partners in 6 countries to provide training, business development services and facilitate financing to impact-driven SMEs. In another 5 countries in the MENA region, Oxfam and partners support (social) enterprises with similar activities. We select, depending on the country, 8 to 15 companies per year based on their business model, impact model, and growth potential. With our local partners, we provide group training on advanced business topics, social impact, and investment readiness. Afterwards, we support the companies with their prioritized and most urgent business challenges, improving their business performance and optimizing their impact model. We do this with tailored one-on-one support in the form of 10-40 consultant days per company – this is the core of the project.

DP SME pagina.jpg
Michael Adeola, February 2017

Impact SMEs

We aim at selecting ‘Impact-driven SMEs’ as much as possible. These are businesses that have impact as their mission or key driver. The entrepreneur has a ‘social heart’, a clear motivation and vision on how the business is positively effecting people beyond the jobs and income. Through the products and services that these SMEs provide, they will bring impact on a variety of social, environmental and governance challenges in society. They are usually innovative, visionary businesses and start-ups, with engaged entrepreneurs, founders, or managers. These are the type of companies that need generic advanced business support to professionalize, become more feasible, and scale further. Our focus is to create long term impact through the supported businesses as well as shorter term impact through job creation with a focus on youth and women.

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Access to Finance

The type of companies we support traditionally have difficulty accessing finance. Local institutions are often too expensive or demand too high security to fulfil. We connect with internationally operating investment funds that are focused on delivering impact. We prepare the companies with rigorous investor pitch-decks, to deliver full and complete information on the company to potential investors. Preparing the companies sufficiently lowers the transaction costs for possible investors and makes the connection easier to assess. We are looking for investors, please connect with us for more information. There is no fee to facilitating possible deals, in any form or way.

DB Harvesting star aniseed.  Thu Ha Nguyen, 2017

Facts

Since 2014, we have supported over 200 companies, of whom 30% have successfully attracted financing.

We are active in Nigeria, Uganda and Vietnam since 2014 and have since 2016 expanded to Somalia, Morocco, Egypt and since 2018 in Tunisia, Jordan, Palestinian Territories, Lebanon and Pakistan.

The companies have between 10 and 250 employees, operating around break-even. Some of the companies we have supported can be found here: VC4A 

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Contact:

The work we do is an integral part of various projects that are implemented by Oxfam Novib: Work in Progress! Empower Youth for Work Entrepreneurs for Entrepreneurs network (in Dutch), and MedUP . Our donors are the Dutch Ministry of Foreign Affairs, IKEA Foundation, European Union, Argidius, GSRD Foundation and the Entrepreneurs for Entrepreneurs network of Oxfam Novib.

For more information, please contact Laurens Coeveld  & Marc de Klerk  

DB Oxfam Business Ambassadors visit Van Phan Seafood Processing JSC

 

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