Co-entrepreneurship to spin the flywheel for inclusive agri-food chains
Small and growing agri-food businesses are the flywheel to spur agricultural development and build inclusive value chains by integrating smallholder farmers and connecting them to (international) markets. The potential development impact is highest if these businesses are still in the Pioneer Gap and need support the most. That support should be more than just capital. By offering a triple combination of early-stage funding, business development support and access to networks and markets they can succeed. This requires an innovative approach. That is why Truvalu.enterprises is a co-entrepreneur for inclusive agribusinesses in upcoming emerging countries. And that is why we build inclusive companies at both ends of the value chain that have the potential and business model to grow their business to scale.
Truvalu.enterprises contributes to Sustainable Development Goals 1, 8 and 12
On 1 January 2016, the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda for Sustainable Development — adopted by world leaders in September 2015 — officially came into force. Over the next fifteen years, with these new Goals that universally apply to all, countries will mobilize efforts to end all forms of poverty, fight inequalities and tackle climate change, while ensuring that no one is left behind.
Truvalu.enterprises’ work contributes primarily to the Sustainable Development Goals of No Poverty (SDG 1), Decent Work and Economic Growth (SDG 8), and responsible production and consumption (SDG 12). Next to these primary goals, Truvalu.enterprises contributes to two other SDGs: Zero Hunger (SDG 2) and Gender Equality (SDG 5).
Results and impact
Truvalu.enterprises willl have reached the following key results by 2023:
- Participate in around 100 agri-food businesses with an average investment of around € 170,000 in upcoming emerging countries;
- Realized successful exits to the entrepreneur, to other companies, or selling our share on a secondary market of bigger impact investment funds
- 100,000 smallholder farmers receive substantially higher wages and are fully integrated into the value chain;
- Creation of nearly 7,000 jobs have been created at the agribusinesses;
- Introduction of premium brands in 5 food categories in European markets, such as chocolate bonbons and dried fruit (non-commodities) through Truvalu.brands.