Promoting Inclusive Markets and Financial Systems
Beyond the Pioneer: Getting Inclusive Industries to Scale
The SEEP Impact Investing Working Group (SiiG) is pleased to host a presentation of Monitor Deloitte’s latest publication – Beyond the Pioneer: Getting Inclusive Industries to Scale – via webinar on May 12 at 12 noon EST. This presentation is intended to further SiiG’s learning agenda that is exploring how to join forces with impact investors in the development of investment markets while offering impact at scale for disadvantaged households. To read the executive summary of Beyond the Pioneer, click here.
Beyond the Pioneer: Getting Inclusive Industries to Scale focuses on the need to develop sectors/ecosystems in order to achieve scale. While this is not news to SEEP members who have been facilitating market systems for over a decade, it has not been the perspective of impact investors. Rather, until recently, impact investors have focused on the viability of businesses and not the sector in which the investee firm is anchored. Building on the Omidyar publication Priming the Pump: The Case for a Sector Based Approach to Impact Investing which identified this shortfall, this new publication encourages impact investors to:
- Integrate a perspective on ecosystem scaling barriers when considering investment decisions and tailoring support;
- Engage with foundations, donors and others that may be able to resolve key scaling barriers and help facilitate industries;
- Look for relatively easy ways to support the industry facilitation efforts of others;
- Consider moving into or funding industry facilitation activities, including ‘hybrid’ fund structures.
The webinar, presented by Nidhi Hegde, will further SiiG’s dialogue on how to work with impact investors, to leverage our years of experience in sector/ecosystem development and to facilitate the flows of finance to new markets. Beyond investment goals, such collaboration can lead to market linkages for small scale suppliers, jobs to women, men and youth, and improved products and services to consumers in developing economies. With this agenda, we intend to learn how to bring together market facilitators and impact investors to create impact at scale.
Nidhi Hegde is a Manager with Deloitte Touche Tohmatsu India Private Limited, based in Mumbai, and is dedicated to the Monitor Inclusive Markets (MIM) unit. As a key member of MIM’s housing program team, Nidhi has worked with developers to help them enter the low-income market, and has been leading a multi-year study one the ‘unintended consequences’ for households as they buy, move into, and make a new life in their new homes. She has also worked on projects relating to financial inclusion and improved rural livelihoods through impact sourcing. Nidhi has played key roles on the teams that produced From Blueprint to Scale: The Role of Philanthropy in Impact Investing and Bridging the Gap: The Business Case for Financial Capability. Prior to joining Monitor, Nidhi worked as a project manager with Ujjivan, an urban microfinance organization in India. Nidhi started her career with the Risk Advisory Services division of Ernst & Young in New York. She is from Bangalore, India, and has a degree in commerce from the University of Virginia.
To register for the webinar, click here.