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Shujog and Ennovent conducted an investment readiness program to help businesses from the crafts, education and food sectors in India.
Ennovent reached out to 500+ social enterprises in its network of which 60 were assessed through quality checks. Fibroin Weave, Ayusha Dairy and Ace Skills were shortlisted for capacity building support. The three businesses were given technical assistance to become investment ready, following field visits to their project sites and a review of their key business collateral.
Each business was assisted with the development of their financial models, business plans and investor decks, and investor showcase calls were arranged.
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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