Why engage in inclusive business?
Inclusive business can be defined as the profitable integration of small and micro enterprises or consumers at the Base of the Pyramid (BoP) in the core value chain of larger companies.
The concept is characterized by a demand driven approach that requires innovation to extend companies’ markets and increase their profitability. To achieve this they enter into longer term business partnerships with the small and micro entrepreneurs and support them to become competitive, cost-effective and successful business partners.
How can the B4D Pathfinder support you in doing inclusive business?
The B4D Pathfinder is anchored on inclusive business practices. It was initiated by the Southern Africa Trust in collaboration with the SADC Private Sector Forum, following the SADC Conference on Poverty and Development in 2008. The objective of the B4D Pathfinder is to harness and strengthen the corporate response to overcoming poverty. It covers the: