Announcement: New Ventures Call for SME Business Plans

Submitted by Ella Delio on May 7, 2008 - 12:34.

Do you run a small-to-medium size enterprise operating in India, Indonesia, China, Brazil or Mexico? Does your company have an innovative business model that delivers strong environmental and social benefits? Are you seeking debt or equity capital in order to grow your business?

If so, apply for the New Ventures program in these countries. The New Ventures program of the World Resources Institute supports the growth of businesses that deliver social and environmental benefits by providing business advisory services and access to capital. Enterprises that have been supported by New Ventures have raised $120M in capital. Moreover, 98% of New Ventures enterprises are still in operation.

The application deadlines for each country are:

  • India: May 15th
  • Indonesia: May 16th
  • Mexico: June 30th
  • China: TBD
  • Brazil: TBD

For more information and access to the application form, please visit the specific country websites. For an English language version of the Indonesia application form, please contact slall@wri.org.


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Submitted by Carrie on May 7, 2008 - 19:29.
New Venture's website is cool. It looks like investors might be able to join the idea as well.
Submitted by Nopp on May 7, 2008 - 19:43.
This is going to be a great initiative in helping the poor address the social and environmental problems. Do you plan to invite small companies from other countries additional to five countries above?
Submitted by Derek Newberry on May 8, 2008 - 13:45.

Hi Nopp,

I'm glad you asked - as a rule, we only work with companies in our countries of operation, but as a matter of fact, New Ventures is aiming to expand its operations into new countries this year - check back with us over the next several months for developments...

-Derek


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