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Ennovent, as a partner to the Shujog-ACTS Programme, provided capacity-building assistance to Fibroin Weave, who works directly with weaver and artisan communities in India to improve their livelihoods.
Ennovent enabled Fibroin Weave to approach prospective investors and raise investment capital. A tailored mentorship engagement was designed to develop a robust business plan, and create a financial model showing historical as well as future projections for P&L and cash flow.
Ennovent also supported Fibroin Weave with the negotiation of draft investment terms and company valuation, and the development of an investor pitch and presentation deck.
Dear Friends,
Thank you for your interest in Ennovent! We closed down Ennovent’s operations at the end of March 2024.
We had been deliberating about continuing our work in the changing overall market and impact space during the last year. The decision to close came after careful consideration of major policy shifts, changing funding priorities and market challenges that have significantly affected our business model.
Reflecting on our journey since 2008, we are filled with great pride in the legacy Ennovent leaves behind. We have been a catalyst for more than 250 ventures across 40 countries through our involvement in 90 projects. Our mission has always been to promote businesses with sustainable solutions for low-income markets, a goal that we pursued with unwavering commitment. As we move forward, our team members remain dedicated to pursuing lasting sustainable impact through their future endeavours.
We deeply appreciate your support and patronage over the years.
Warm regards,
Team Ennovent
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