The first step of the Innovation Lap in Nepal is underway. A thorough consultation of local communities and representatives has now started!
Finance Solutions Map For Southeast Asia
The workshop and event “Leveraging Innovative Finance Together” (LIFT) hosted by Nexus for Development in Yangon/Myanmar was a great success. One highlight of the workshop was the launch of the “Finance Solutions Map” for Southeast Asia, which is now available online!
The two-day workshop – which was realised with WISIONS’s financial support – was divided in two parts, both with a very interactive approach to ensure peer-to-peer learning and networking among the participants – who ranged from practitioners to start-ups and international finance experts. The overall idea and aim was to contribute to a “demystification of financier’s approaches” and foster interaction.
Main emphasis of day one was on the training of about 40 energy practitioners to increase their financial literacy, optimise their cash flow management and understand pros and cons of different financing models. Participants were enthusiastic and described the course as “this was like a one-day MBA and an eye-opener”, helping to develop a more realistic pitch for their approaches.
In cooperation with ANDE – the Aspen Network of Development Entrepreneurs – Nexus for development gathered on the second day about 100 people, next to the energy practitioners also investors and intermediaries that intend to bridge the often applied communication gaps between the worlds of finance and social entrepreneurs.
For WISIONS’s team – who attended as well – it was fascinating to see how these people from completely different backgrounds animated and supported each other during the several interactive sessions.
What was more, the Finance Solutions Map of Nexus was launched, which provides an overview of 100+ financial schemes dedicated to clean energy, water, and sanitation entrepreneurs in Southeast Asia and presents publicly available information on a range of finance solutions.
Access the Finance Solutions Map here!
After months of research and dialogue with various partners, Nexus developed this online tool. Entrepreneurs can use the filter function to identify potential funding. The Map is complemented by additional resources also available on the Nexus website.
A list of 14 financial and non-financial tools utilised to scale enterprises in these sectors are accompanied by their definition. Potential challenges and benefits are included to highlight the financier and entrepreneur perspective. To further promote mutual understanding and the replication of successful financial products, Nexus has also produced case studies. These offer an overview of the financial scheme with a focus on learnings, impact measurement and risk mitigation.
Read/download Nexus’ report here: Leveraging Innovative Finance Together – Workshop Report
More information about this SEPS Exchange Activity: Demand-Side Solutions to Financing Sustainable Energy in Southeast Asia
And on Nexus LIFT side: https://nexusfordevelopment.org/lift/