EcoEnterprises Partners III

Subsidy : May 2023

BIO has granted USD 250,000 to the technical assistance facility of EcoEnterprises Partners III, a gender-smart venture fund focused on Latin America.

Amount

$ 250,000.00

Type of investment

Subsidy

Beneficiary locations

Latin America and Caribbean: Bolivia, Colombia, Ecuador, Nicaragua, Peru

Investment field

Investment Companies & Funds

Activity

KK.64.300 SME Fund

Organisation

EcoEnterprises Partners III

Website

https://ecoenterprisesfund.com/

More investments in

EcoEnterprises Partners III

Equity € 6,208,300.00 (2019)

EcoEnterprises Fund is a women-led venture fund with an unparalleled track record of over 20 years building nature-positive, gender-smart investment portfolios in Latin America. A pioneer in impact investing, the Fund Manager work hand-in-hand with small businesses to enhance biodiversity, promote climate solutions, and create socio-economic opportunities for rural communities. Ecoenterprises’ three funds have invested to date in 44 community-based, sustainable companies in organic/regenerative agriculture, agroforestry, aquaculture, ecotourism, and other adjacent sectors that promote fair and equitable livelihoods, conserve local ecosystems, and encourage climate resilience along smallholder supply chains.

Technical assitance facility

The objective of the facility is to

To leverage the provided resources to build a robust programmatic approach for portfolio-wide business and impact support;
To add value to address portfolio company needs in three priority areas of impact potential for the Fund
- gender action,
- climate solutions, and
- environmental and social (E&S) capacity;
To deliver strategic interventions to strengthen the Fund portfolio’s business performance while enhancing their impact outcomes;
To provide innovative business models for replication and learning by other businesses in the region, and to set an example for such interventions in the impact investing industry.

Expected impact

The expected result of the project will be a strengthened TA facility able to systematically deliver critical (business) support to companies. BIO's support will enable the Fund to expand and deepen its ongoing work with portfolio investees to drive change on gender equality and climate change, in addition to strengthening companies’ E&S and their organisational, financial, and management practices and processes, while improving capacity at all levels to assess and report on impact.