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Enterprise support | Powering Livelihoods

Enterprise support

The Powering Livelihoods jury will select enterprises for the initiative on the basis of parameters such as innovation, business model feasibility, scalability, social impact, human resources, and product development stage. Further, Powering Livelihoods will meet the unique needs of each selected enterprise through dedicated financial, technical, and sectoral growth support.

Capital support
Support of up to USD 250,000 to bridge the gaps faced by the enterprise at commercialisation stage. It is not intended to cover regular business expenses, but is aimed at driving commercial deployments at scale.
  • Product enhancements for commercial deployment
  • Deployment design costs
  • Manufacturing subsidy (bridging the gap to volume pricing)
  • Service network one time set up costs
  • Marketing and outreach costs
  • Training costs (both personnel and customers)
Capacity building support
Up to USD 100,000 worth of technical assistance to bridge enterprise specific need gaps, and delivered through strategic partnerships.
  • Business model development/fine - tuning (including unit economics)
  • Financial modelling
  • HR: talent search and development
  • Leadership development
  • Legal and compliance
  • Intellectual property management
  • Fund raising
Sectoral growth support
Up to USD 100,000 worth of sectoral growth support to generate knowledge and evidence to unlock support at the sectoral level. Showcasing and leveraging enterprise success to drive sectoral growth.
  • Market assessment for the appliance category linked to the cohort enterprises
  • Evidence generation from commercial deployment
  • Policy assessment for the appliance category linked to the cohort enterprises
  • Evidence-based sectoral engagements

Enterprise Journey

(all numbers are indicative)

Captial support

Conditions precedent

Timeline

Onboarded enterprise

Deployments: 50 - 100 per quarter

Annual revenue: USD 30k – 60k

Operating in one geographic region.

 

Entry with field-tested technology

$40,000

Due diligence completed

All requested documents submitted

Kick-off

 

Streamlined business-model

$75,000

Detailed 3-year business plan and financial model

10% deployment completed

Component manufacturer on-boarded

Go-To-Market/market linkage established

One key hire done

6 months

 

Commercial traction

$50,000

40% deployment completed

Cumulative revenue USD 75k

Metrics collection mechanism set up and operationalised

All hiring completed

12 months

 

Deployment at scale

$50,000

100% deployment completed

At least USD 150k revenue realised

First set of project & impact metrics submitted

Strong interest from at least one each of equity and debt funder

18 months

 

Investible and rapidly growing business

$35,000

At least 400+ leveraged sales per quarter as part of commercial deployment, with a revenues of USD 250k

One equity funder signed up

All project & impact metrics submitted

24 months

Graduated enterprise

Deployments: 300 - 350 per quarter

Annual revenue: USD 200k - 300k

Operating in at least two geographies