Accelerating social entrepreneurs in Latin America
Beginning in the spring of 2020 this three-year, co-created accelerator programme has been designed alongside IKEA regional representatives (IKSO - IKEA Chile, Colombia, & Peru). The programme is unique in its kind being three years and tailormade to support each of the 15 social entrepreneurs who are looking to scale their businesses but need specific advice and the tools on how to do so. Therefore we offer learning modules and joint masterclasses for all participants to further progress the development of the participating social enterprises.
Each participant will receive tailor-made guidance combining mentoring, coaching, training and implementation support from IKEA and NESsT in the areas of marketing & communications, business development and marketplace access.
Furthermore, the supported social entrepreneurs come from different sectors such as sustainable agriculture, job inclusion, circular economy, and sustainability. The programme will work with entrepreneurs who produce sustainable products and/or who offer services that provide dignified employment and income to five key vulnerable groups across the region: low-income women, small producers, people with disabilities/different abilities, ethnic communities and at-risk youth.
From a total of 15 social enterprises, six social enterprises have already joined the programme and are receiving specific guidance on how to adapt their businesses to the challenges brought on by the COVID-19 crises.
NESsT Latin American Fund
The programme also offers funding: grants within, being part of the programme, and investment opportunities integrated into the exit plan. All Social Enterprises will be supported to develop investment memo and present funding request to a NESsT Latin American Fund.