Written by Abigail Perriman
Accelerate2030 Cambodia brings innovative solutions to scale
“Impact Hub Phnom Penh and UNDP Cambodia announce the Cambodia nominees”
Centre for Sustainable Water, Peth Yoeung, and SmartAgro were announced as the nominees following the Accelerate2030 Cambodia Final Pitch event last night. The evening was generously sponsored and hosted by Bred Bank Cambodia.
“The event was a great opportunity for Peth Yoeung as it was full of key people from different expertise such as social impact investors, SDG experts, entrepreneurs and government officials. I want to see such a great event organized every year so that all startups can have this stage as a chance for them to showcase their business and build their network for growth and success.” – Limsan Pong, Founder and CEO of Peth Yoeung.
The three nominated teams:
- Centre for Sustainable Water is an organisation created in order to address the gap in capacity in the Cambodia Water, Sanitation and Hygiene sector, with a focus on building capacity then leveraging it to accelerate access towards SDG 6 in Cambodia, and providing a sustainable, safe and secure water future for all.
- Peth Yoeung (Our Doctor) is a cloud based EMR and hospital operating management system invented to digitalize patient’s medical record of patients in Cambodia and beyond.
- SmartAgro designs and implements climate-smart agricultural practices that increase profits, enhance resilience and reduce emissions, all for the same goal: to improve human health.
These three ventures will now go through to an international competition, where a panel of judges will select a total of ten ventures from across 16 countries to join a 9 month scaling program hosted by Impact Hub Geneva, and kicking off with a one week training week and the Social Good Summit in Geneva. Stay tuned to find out if Cambodia will be one of the countries represented during this global program.
Accelerate2030 National Pitch Event
The seven ventures selected to join the Accelerate2030 Cambodia scale ready program pitched to a full room and a diverse panel of judges from financial, leadership, investment and development backgrounds.
“Entrepreneurs are stepping up to the SDG challenge. The 2030 agenda belongs to us all” – Nick Beresford, Resident Representative of UNDP Cambodia
- Ms Iv Ek Nimnuon, Head of Policy and Innovation, UNDP Cambodia
- Ms Ratana Phurik-Callebaut, Board of Advisors, Impact Hub Phnom Penh
- Ms Meas Kunthea, Head of Branch Network, BRED Bank Cambodia
- Mr Henri de Reboul, CEO, PhiTrust Asia
It was an honor to be joined by representatives from the Ministry of Commerce, The Ministry of Posts & Telecommunications, Ministry of Economy & Finance, Ministry of Industry & Handicrafts, Ministry of Labour, Ministry of Women’s Affairs, and Phnom Penh City Hall.
The three nominated ventures will now compete against the top ventures from 16 countries to join the Accelerate2030 Global Scaling Program, kicking off with the Social Good Summit and one week intensive training in Geneva.
Accelerate2030 Global Scaling Program
In partnership with UNDP, the global scaling program aims to provide scale ready ventures with international connections and mentors to support them in achieving their scaling ambitions.
Last year Accelerate2030 ventures were featured in major global forums, including the Social Good Summit Geneva and the 73rd United Nations General Assembly in New York, connecting with key representatives of the private sector, government officials, international organizations, and impact investors.
“New ideas and experiments to tackle old problems through partnership are pivotal to achieve the Sustainable Development Goals (SDGs). That’s exactly what the Social Good Summit Geneva delivers, bringing together entrepreneurs, investors, the public sector, and other key stakeholders to scale up innovative, impactful, and scalable solutions for the SDGs. Switzerland is a natural space for these communities to network, learn from each other, and access transformational investment opportunities” notes Sarah Bel, UNDP Geneva.
Accelerate2030 Cambodia Scale Ready Program
For all seven ventures the national program will run till the end of September, where they will continue to work with Impact Hub Phnom Penh and their dedicated mentors. The program offers selected ventures the expertise and support to shape their scaling strategy, through tailored one-to-one mentoring and peer-to-peer coaching. Each team has been matched with four expert mentors to work with them in scaling strategy, access to finance, impact measurement and leadership & resilience.
“Working with a group of inspired teams, mentors and the Impact Hub team has been so rewarding and helpful. It has been so useful to be able to share experiences and learn about ways to scale our impact together, and I am in awe of everyone and how they are dedicating themselves to tackling social issues and supporting one another. This program is amazing, thank you Impact Hub for your commitment to growing this community.“ Fatima Shehata, Centre for Sustainable Water.
Remaining National Finalists:
- My Dream Home is a social enterprise addressing lack of affordable housing in Cambodia through innovative and environmentally friendly bricks, using a system similar to Lego bricks.
- Dine in the Dark restaurants and Dots Coffee shops challenges pre-conceived limitations of the visually impaired and integrates them into the mainstream economy by empowering, training, and employing them in customer-facing roles.
- MoanSrae is trading local Khmer chicken from community to central market. We build sustainable communities through contract-farming and technical awareness.
- TapEffect is a social enterprise that strives to ensure direct access to safe and affordable piped water for households in isolated and under-served areas in Cambodia.
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