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On March 19, 2020, Roots of impact (ROI), LightCastle Partners (LCP), and the Swiss Agency for Development and Cooperation (SDC) jointly launched their program ‘Biniyog Briddhi – Scaling Impact Enterprises of Bangladesh (B-Briddhi)’. The event was a virtual launch, where entrepreneurs, investors, start-up accelerators, and incubators participated. B-Briddhi is a four-year program that will foster the growth of Bangladesh’s impact ecosystem.
B-Briddhi was virtually launched by Derek George, Deputy Director of Cooperation & Ameena Chowdhury, Programme Manager at Swiss Agency for Development and Cooperation; Bjoern Struewer, founder and CEO & Maxime Chang, Programme Manager at Roots of Impact and Bijon Islam, CEO at LightCastle Partners.
The program strives to improve the financial, social, and environmental performance of impact enterprises, i.e., ventures that have the objective to create maximum positive impact across the underserved populations and the environment. It will support impact enterprises to master investment readiness and impact management and get ready to access innovative finance for scale-up. To this end, the program brings together many important stakeholders such as investors, other private sector actors, incubators, accelerators, support organizations, and advocates under a collaborative mechanism for impact enterprises.
Given the devastating effects of the ongoing pandemic and its economic repercussions, it has become even more important to support entrepreneurs and start-ups, with a social agenda, so that they can overcome their initial hurdles and create a positive impact on society.
Roots of Impact (ROI) is an impact finance advisory firm working with public funders, philanthropists, and impact investors globally to finance private-sector innovations and enterprises with strong potential for positive impact.
LightCastle Partners (LCP) is a data-driven business consultancy firm that aims to work towards creating knowledge and a data-driven economy.
The Swiss Agency for Development and Cooperation (SDC) is the agency for international cooperation of the Federal Department of Foreign Affairs. In Bangladesh, SDC’s overall goal is to bring about a more equitable society that enjoys inclusive and sustainable growth. Within the framework of its international cooperation for the period 2018-21, Switzerland focuses on its engagement in economic development, more efficient local government, and better protection for migrant workers.
For more information, visit: www.sie-b.org
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