infoDev is a
World Bank Group program that supports high-growth
entrepreneurs in
developing economies. The program is part of the Innovation and Entrepreneurship Unit of the World Bank Group's Trade and Competitiveness Global Practice.
infoDev connects entrepreneurs with knowledge, funding and mentors through a global network of
business incubators. The program has launched Climate Innovation Centers,
Mobile Application Labs (mLabs), and Agribusiness Entrepreneurship Centers in developing countries around the world, including the Caribbean, Ethiopia, Ghana, Kenya, Morocco, South Africa and Vietnam.
Climate Technology Program
The Climate Technology Program helps developing economies identify profitable solutions to
climate change. A 2015 infoDev study, ''Building Competitive Green Industries'', found that $6.4 trillion will be invested in
clean technologies
Clean technology, in short cleantech, is any process, product, or service that reduces negative environmental impacts through significant energy efficiency improvements, the sustainable use of resources, or environmental protection activities. Cle ...
in developing countries over the next decade.
infoDev has launched seven Climate Innovation Centers, which offer
seed financing, policy interventions, network linkages, and technical and business training to entrepreneurs.
In 2015,
Climate Innovation Centers
Climate is the long-term weather pattern in an area, typically averaged over 30 years. More rigorously, it is the mean and variability of meteorological variables over a time spanning from months to millions of years. Some of the meteorological ...
supported 270 clean technology
startups.
Digital Entrepreneurship Program
The Digital Entrepreneurship Program supports the growth of competitive
mobile application industries in emerging and frontier markets. The program has established Mobile Application Labs (mLabs)—incubation facilities and innovation hubs for digital entrepreneurs—in Kenya, South Africa and Senegal.
Digital marketing based on four piece's :
1)Product
2)Promotion
3)placement
4)Price
infoDev published a ''Business Analytics Toolkit for Tech Hub Managers'' in 2015.
Agribusiness Entrepreneurship Program
The Agribusiness Entrepreneurship Program supports the growth of competitive agro-processing enterprises by advancing innovation in products, processes and business models. The World Bank Group estimates that Africa’s food market will be worth $1 trillion by 2030.
The program has launched Agribusiness Entrepreneurship Centers in Tanzania and Nepal.
Access to Finance Program
The Access to Finance Program connects entrepreneurs with early-stage capital and networks. The program also publishes research on innovative forms of financing for entrepreneurs in developing economies, including
crowdfunding
Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over was raised worldwide by crow ...
and
angel investors
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or owners ...
.
infoDev has published ''Crowdfunding in Emerging Markets: Lessons from East African Startups'' and ''Creating Your Own Angel Investor Group: A Guide for Emerging and Frontier Markets.''
References
External links
* {{Official website, www.infodev.org
Information and communication technologies for development
World Bank
Organizations established in 1996