Our project goal is to make Burmese inclusive business entrepreneurs investment-ready and connect them to potential investors, in order to serve the needs of BoP consumers, and producers, suppliers, farmers, factory workers and employees from disadvantaged groups. We will take a leading role in the development of the IB support ecosystem, aligning our support logically to the services that are already offered in the different locations.
The project’s objective is to create a platform for Burmese IBs in the AgTech, FinTech, Health and Education sectors for improved access to knowledge, networks, business development services and finance support to expand their businesses. Furthermore, we will be connecting Burmese entrepreneurs to (inter)national investors. For a successful connection to be made, it is key that
investors and entrepreneurs find each other and start talking. For this to happen, apart from sourcing both investors and entrepreneurs, both need to be educated about the realistic opportunities to come to a fruitful collaboration. Then, entrepreneurs need to have a clear strategy, a clear understanding of their business and its potential, and need a clear understanding of their finances. Finally, the investment facilitation and management on the ground will be crucial to make deals happen successfully. For these three elements to arise in Myanmar, neither an accelerator nor an investment vehicle by itself will be sufficient. In the ideal case, an accelerator with a lot of hands-on one-on-one business development and financial support, linked to an investment vehicle, would step into the market (preferably in a non- exclusive manner: the accelerator would benefit from other investment parties to be present, while the investment vehicle would benefit from other accelerators to be present). The combination of both accelerator and investor roles will put the consortium as a whole in a unique position to catalyze the development of the entrepreneurial and impact investment support eco-system in Myanmar.