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Co-creation
        Entrepreneurship

partners in a sustainable business initiative




       Pedro Eikelenboom, Co-Creation, ICCO
                ANDE/ICCO meeting
              Amsterdam, May 30, 2011
ICCO Co-creation english may 2011
The Co-Creation approach
a business strategy on poverty alleviation

                    Key Feature

                    An innovative model to support
                    SME's in developing countries:

                    ICCO partners up with an
                    entrepreneur, creating an
                    economic (entrepreneur), social
                    (ICCO) and sustainable (both)
                    successful business.
The Co-Creation approach
embrace a business strategy on poverty alleviation
Make a difference in poverty alleviation through a joint
     mission and direct involvement in the project.


                           ●
                               Desire to make a difference

                           ●
                               Ambitious and willing to take risks

                           ●
                            Enable collaborative creative
                           engagement

                           ●
                            To have real “ownership” as a
                           stakeholder

                           ●
                            Set the tone on innovation,
                           sustainability and impact

                           ●
                             Model or project can be replicated
                           in other regions
The Co-Creation deliverables
        ICCO challenges you


                •   Multi stakeholder approach

                •   ICCO guarantees social development
                    outcomes

                •   Entrepreneur enables sustainable
                    business

                •   Local counterpart commits to the
                    participation and strengthening of
                    the beneficiaries

                •   ICCO attracts and leverages the
                    necessary investments from other
                    parties.
The Co-Creation structure
The Co-Creation projects
 An overview of the current portfolio
The Co-Creation structure
                      general principles


●
 Identify background and landscape surrounding the business
challenge

●
    Examine the scope of the project

●
    Ensure alignment of the points of view participating stakeholders

●
  Commitments are always a combination of grant and loan (with
interest) and/or equity participation (shareholder)

●
    Grant and loan participation is on project by project basis

●
    Equity participation starts with a minimum of 100.000 EUR

●
    Minimum of 50% equity participation/loan and 50% grant
The Co-Creation structure
              focus on equity participation



●
    Determine your objectives for the investment

●
 Incorporated in trust fund (portfolio), invested in current or new
development projects

●
    A social return on investment

●
    Retractable after a minimum of 3 (fiscal) years

●
    ICCO monitors procedures and administrates trust fund
The Co-Creation structure
      return on investment
Your impact on poverty alleviation
       How can you participate?


                  ●
                      Co-Investor = Co-Creator

                  ●
                      Shareholder (member to the board)

                  ●
                   Opportunity to visit project (site),
                  meet and discuss results with stake
                  holders and beneficiaries

                  ●
                      Portfolio updates (new opportunity)

                  ●
                      Updates through media outlets

                  ●
                      Co-Creator Ambassador
ICCO Co-creation english may 2011

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ICCO Co-creation english may 2011

  • 1. Co-creation Entrepreneurship partners in a sustainable business initiative Pedro Eikelenboom, Co-Creation, ICCO ANDE/ICCO meeting Amsterdam, May 30, 2011
  • 3. The Co-Creation approach a business strategy on poverty alleviation Key Feature An innovative model to support SME's in developing countries: ICCO partners up with an entrepreneur, creating an economic (entrepreneur), social (ICCO) and sustainable (both) successful business.
  • 4. The Co-Creation approach embrace a business strategy on poverty alleviation
  • 5. Make a difference in poverty alleviation through a joint mission and direct involvement in the project. ● Desire to make a difference ● Ambitious and willing to take risks ● Enable collaborative creative engagement ● To have real “ownership” as a stakeholder ● Set the tone on innovation, sustainability and impact ● Model or project can be replicated in other regions
  • 6. The Co-Creation deliverables ICCO challenges you • Multi stakeholder approach • ICCO guarantees social development outcomes • Entrepreneur enables sustainable business • Local counterpart commits to the participation and strengthening of the beneficiaries • ICCO attracts and leverages the necessary investments from other parties.
  • 8. The Co-Creation projects An overview of the current portfolio
  • 9. The Co-Creation structure general principles ● Identify background and landscape surrounding the business challenge ● Examine the scope of the project ● Ensure alignment of the points of view participating stakeholders ● Commitments are always a combination of grant and loan (with interest) and/or equity participation (shareholder) ● Grant and loan participation is on project by project basis ● Equity participation starts with a minimum of 100.000 EUR ● Minimum of 50% equity participation/loan and 50% grant
  • 10. The Co-Creation structure focus on equity participation ● Determine your objectives for the investment ● Incorporated in trust fund (portfolio), invested in current or new development projects ● A social return on investment ● Retractable after a minimum of 3 (fiscal) years ● ICCO monitors procedures and administrates trust fund
  • 11. The Co-Creation structure return on investment
  • 12. Your impact on poverty alleviation How can you participate? ● Co-Investor = Co-Creator ● Shareholder (member to the board) ● Opportunity to visit project (site), meet and discuss results with stake holders and beneficiaries ● Portfolio updates (new opportunity) ● Updates through media outlets ● Co-Creator Ambassador