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8 Organisations To Access Funds For Your Business

admin | Abbey Oyetunji
By admin | Abbey Oyetunji
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2. Acumen Fund

Acumen is a charity organisation incorporated in 2001 with seed capital from the Rockefeller Foundation, Cisco Systems Foundation and three individual philanthropists. The Acumen Fund invests in entrepreneurs who have the capability to bring sustainable solutions to big problems.

In May 2014, The Acumen Fund co-invested $1.5 million in Esoko Networks Limited (Esoko), a Ghanaian-built technology platform that connects African farmers to markets via mobile phones. In October 2014, Acumen announced a $1.4 million investment in SolarNow, a company that sells and finances solar home systems in Uganda.

Acumen is always looking for entrepreneurs who have new and innovative models for tackling poverty and who also meet their investment criteria.

Also read:  SMEs: Avoid These Mistakes, Avoid Failing At Early Stage

To qualify for investment, entrepreneurs must be located in, or have significant operation or impact in East Africa, West Africa, India, Pakistan or Latin America.

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Abbey Oyetunji is a Business Growth Strategist. An IT Mogul & Web Developer. Reach via mail: [email protected]
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