Roots of Impact and its partner Aqua for All are looking for impact enterprises within the Water, Sanitation and Hygiene (WASH) sector to provide them with Social Impact Incentives (SIINC). Such ongoing outcomes-linked payments help companies scale, grow their impact and attract private capital. Eligible candidates will have to be preparing for, or already in the midst of, raising repayable investment(s) (min. € 500,000 to be potentially complemented by additional public or philanthropic funding). The geographic focus is on Asia, Sub-Saharan Africa, and the Middle East and North Africa (MENA) region.

SECTORAL FOCUS

In recognition of the importance and the interdependent nature of the sector as a whole, the call is open to any impact enterprise working on a WASH-related solution.

KEY CRITERIA

• Scope: The enterprises must be operational for at least three years, focus on WASH, and be based and/or active in Sub-Saharan Africa, the MENA region or Asia. They must be seeking repayable investment(s) of a minimum of € 500,000 to be potentially complemented by public or philanthropic funding.

• Business model: Although there are no specific constraints regarding the legal form, the enterprises need to have a business model and generate revenues out of their activities (e.g. fee-for-service, subscription, government revenues/subsidies…).

• Financial sustainability: The objective of SIINC for WASH is to support enterprises that will continue to generate positive impact long after the SIINC payments have ended. Thus, the enterprises must have either already achieved financial sustainability or must have a clear plan for achieving breakeven in the short to medium term.

• Impact track-record: The support provided to the enterprises in this program takes the form of outcomes-based premiums, paid to incentivize positive social impact. In order to design a realistic payment schedule, it is necessary to have baseline data related to the impact generated by the enterprise. There should be a track-record of systematically monitored and reported indicators which can act as a basis for planning the SIINC payments.

• Impact focus: Enterprises that are gender-inclusive and target vulnerable and low-income groups, will be the main focus. Ventures that do not have a specific impact focus are also eligible if they prove to be willing and able to deliver positive social outcomes.

TIMING AND CONTACT

The call is now open for applications and can be accessed online via the apply button. The deadline to apply is September 27th, 2020 at 2.00 pm Central European Summer Time (CEST). For further information, please contact siincforwash@roots-of-impact.org.

SECTOR

Water, sanitation and hygiene

APPLICATION DEADLINE

September 27, 2020

SUBMIT YOUR APPLICATION 

https://roots-of-impact.typeform.com/to/fIaP8K