Commitment to Action

Partnership to Scale Enterprises Serving the Poor in Africa

Commitment by

The Dow Chemical Company, The Dow Chemical Foundation, Acumen

In 2012, Acumen Fund, Dow Chemical, and the Dow Chemical Company Foundation committed to combining their strengths in order to catalyze the expansion of social enterprises serving the poor, with a focus on East and West Africa over a five year period. Specifically, this partnership aims to accelerate the development and distribution of products and services in the agriculture, water and sanitation, and energy sectors through funding and technical assistance to four to six social enterprises within Acumen's portfolio. This $1 million commitment represents a new model of cross-sector engagement, where social enterprises will receive technical assistance resources and in-kind contributions of time and expertise from Dow, while Dow will gain practical insights into opportunities to better serve low-income consumers in key markets through collaboration with local entrepreneurs. Additional corporate partners may join the initiative to take advantage of the opportunity to build market intelligence and bring complimentary resources to the existing partnership.

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Overview
Summary

Commitment

Partnership to Scale Enterprises Serving the Poor in Africa

Launched

2012

Est. Duration

4 years

Estimated Total Value

$1,000,000

Region

Africa

Countries

ETHIOPIA, GHANA, KENYA, NIGERIA, RWANDA, Tanzania, UGANDA

Commitment by

The Dow Chemical Company, The Dow Chemical Foundation, Acumen

Partner(s) of the Commitment Maker(s)

Unilever, Barclays plc