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About This Project

Global Alliance for Clean Cookstoves, who launched the Spark Fund with a vision to support clean cooking businesses with pre-investment grant capital, enlisted Ennovent and I-DEV as its due diligence partners.

 

Ennovent and I-Dev designed and implemented a rigorous due diligence process to screen clean cookstoves organisations in India, Kenya and Uganda shortlisted as Spark Fund III finalists. The due diligence entailed field visits to each finalist to assess their business plan and growth strategy, bookkeeping systems, and impact screening.

 

GACC received detailed due diligence reports which informed the selection of the finalists and winners for its Spark Fund Awards. Since its inception in 2000, GDN has awarded roughly US$ 4 million in research and project grants to finalists and winners.

Partner

Global Alliance for Clean Cookstoves

Year

2015

Category
Energy

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