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Hanoi - Vietnam Business Challenge Fund (VBCF) shared experience at a workshop organised by The Market Access for the Rural Poor (MARP) Programme, with support from the Swiss Agency for Development and Co-operation (SDC).
VBCF has decided to invest an additional funding of USD 6.5 million to 13 innovative and inclusive business ventures in three focus areas, including agriculture (42%), low carbon growth (33%), infrastructure and basic services (25%).
Even though most Asian countries have experienced a remarkable economic growth in the last few years, in some cases as a result of industrialisation processes, many low-income people in these countries have not improved their living standards and still struggle with their day-day living. Many of them, mainly in rural areas, continue to lack access to markets, income opportunities and basic services, therefore widening the gap between the rich and the poor.
Today, Minister Lilianne Ploumen (Dutch Ministry of Foreign Affairs) and Allert van den Ham (SNV CEO) launch the ‘Working with Women: Promoting SRHR for Business Success in Bangladesh’s Garments Industry' project in Dhaka.
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Learn more about the logic behind the Inclusive Business model.

Vietnam Business Challenge Fund

Inclusive Business

SNV advances economic development and socio-economic inclusion through the Inclusive Business model. This innovative approach seeks to increase the income, production and well-being of low-income groups, while at the same time, generating benefits for participating companies. 

Through developing Inclusive Business commercial models that involve low-income groups in the value chain of a medium or large company as producers, distributors or consumers, SNV helps companies improve their supply chains, strengthen their human resources and access new markets. Low-income participants benefit by gaining reliable buyers and fair prices for their products, from new jobs and from access to affordable, quality goods and services.

SNV has developed more than 140 Inclusive Business projects in Latin America, Asia and Africa working with companies in sectors ranging from agribusiness to renewable energy to food products, tourism, and commerce to construction, among others.

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