IBEE IN action

1. Summary :

• 140 firms in Zambia were analysed
• 18 real and potential Inclusive Business models discovered
• Consolidated revenue of ZMW 595 million (ca $44.1 million) and a social reach of  IB business lines were examined with a

2. What would be the impact and social reach ?

• Over 3 million poor and low-income people (or 860,000 households)

3. Analysis and policy recommendations for promoting IB

• (1) endorsing a dedicated IB-ee strategy and integrating IB in the new SE and the green economy strategies;
• (2) financing IB advocacy activities in close cooperation with business associations;
• (3) setting up a formal IB accreditation system jointly implemented by 5 government agencies and 3 business associations;
• (4) funding a dedicated IB business coaching and mentoring program;
• (5) integrating IB in government SME development, poverty reduction and sectoral development programs and doing IB targeting in public budgets;
• (6) creating smart and relevant tax and procurement incentives for accredited IB companies;
• (7) bridging to the Green Business and Corporate Social Responsibility (CSR) agenda;
• (8) linking IB to the Impact Investing agenda (under NABII) and creating an IB Risk Reduction and Social Innovation Fund (IB-RRSIF);
• (9) co-financing impact monitoring and reporting; and
• (10) establishing Zambia as a leader of a regional exchange programme on IB in Africa.

If you like a  summary, or if you are interested what we can do on a regional/state approach for you please contact us here or send us an e-mail : info@ib-ee.net

1. Summary :

• 11 IB business lines were examined with a
• Consolidated revenue of N152 billion (about $237 million)

2. What would be the impact?

• 5.6 million poor and low-income people

3. Analysis and recommendations for promoting IB

• (1) a dedicated IB strategy;
• (2) IB awareness raising;
• (3) transparent IB accreditation,
• (4) IB business coaching and mentoring;
• (5) tax and other investment financing incentives for accredited IB firms;
• (6) encouraging impact investing through a risk reduction fund;
• (7) IB budget targeting;
• (8) establishing an IB technical assistance facility;
• (9) IB impact monitoring;
• (10) regional exchange on IB; and
• (11) piloting IB-ee in Kaduna state for upscale at federal level.

If you like a  summary, or if you are interested what we can do on a regional/state approach for you please contact us here or send us an e-mail : info@ib-ee.net

The overall target of the gov of Malaysia was to become a high income nation by 2024. On the basis that Malaysia is already strategically engaged in IB promotion through ASEAN, SME Corp (as the central agency that coordinates the implementation of development programmes for SME’s) requested the preparation of a Landscape study to cover the whole country. Read on for a short summary.

1. What was done :

• 129 Firms were examined
• 52 Interviews with 27 Firms were held
• Unmet needs by the B40 were uncovered which can be addressed and are applicable in many fields e.g. quality education, health and nutrition. Energy, water, sanitation. Financial- and transportation services for remote areas
• Strong need was identified for the establishment of an effective social protection to generate good income opportunities and living conditions
  
  

2. What would be the impact?

• Out of the pool of 129 firms examined and 27 company interviews, 12 were rated to qualify as Inclusive Busineses
• These had 16.5m MYR of revenue and a social reach of 8000 people.
• In 5 years the potential is 50m MYR (3-fold increase) and 37000 people (+360%)!
  
  

3. Imagine the future

• With 400m MYR of new investments, 100 IB firms might reach a social impact of 600 000 people and a 2.38b MYR contribution to GDP (6-fold return on investment)
  
  

4. Why is this of particular interest to the private sector as well?

• Discover new markets
• Identify new sourcing opportunities
• Invest in attractive new segment
  
  

5. Is there a way to fast track the process?

• IB-ee.net proposes a state/district approach
• Pilot regions reduce the need for large budgets
• Focus resources
• Show quick results
• … and speed-up adoption
  
  

6. What could be done for Malaysia

• Identify pilot regions (e.g. Sarawak/Sabah)
• Create awareness
• Recommend IB promotion programmes
• Recommend Financing and budgeting
• Scale to a country-wide approach
• Uncover 100 IB companies by 2025

If you like a  summary, or if you are interested what we can do on a regional/state approach for you please contact us here.