ACCION Venture Lab Our vision is to build a financially inclusive world – one in which every individual has access to high-quality, affordable financial services.
Venture Lab is an investment initiative that provides patient seed capital and support to innovative financial inclusion start-ups, fostering experimentation and promoting business models that improve financial access for people living in poverty worldwide.
Since these start-ups traditionally lack access to capital and assistance, Venture Lab provides flexible financial and non-financial support to suit the needs of each investee enterprise, as follows:
Investment: We will typically invest U.S. $100,000 to $500,000 in equity or quasi-equity instruments, depending on the circumstances. We welcome opportunities to co-invest with like-minded investors and bring others to the table, particularly for later-stage investment into portfolio companies.
Support: Venture Lab prefers to be an active investor and bring to bear the people and resources of the global Accion network to maximize the chance of success. In addition to day-to-day support from the Venture Lab team, investee companies may get connected to Accion’s in-house technical experts (technology, risk management, etc.), microfinance teams and customers from partner institutions around the world, and the global banking and investing community.
FUNDING TYPES AND CRITERIA
$100,000 - $500,000
INTERESTED IN THESE SECTORS
Financial Serv./Inclusion, Microfinance
- 3) Prototype/ Pilot
- 4) Early Customer Traction, Revenue
- 5) Starting to See Strong Revenue Traction
social vs. financial return preference
- 1: Social Return First
Types of entities
- For Profit
providing funding for these regions
- Latin America
- Subsaharan Africa
- Southeast Asia
- Central Asia
- Rev Share / Quasi Equity