SF portfolio enterprise Sure Chill recently received recognition for its innovative cooling technology after winning the UK Eagle Lab Innovation category at the Barclays’ annual High-Growth & Entrepreneur Awards. The awards celebrate entrepreneurs’ success, leadership and positive impact on society. Sure Chill has developed and patented unique technology that enables cooling equipment to maintain a…
Technology firm and SF partner Sure Chill joined UK Prime Minister Theresa May on a 4-day trade mission across three African markets last week, to promote their technology and build trade and investment links. Sure Chill has developed a unique new cooling technology approved by the World Health Organisation that ensures a refrigerator remains perfectly…
GroFin is an impact investment fund manager focused on small and growing businesses serving low-income communities. This latest report provides an overview of what they have accomplished so far and explains their plans for 2018. Shell Foundation partnered with GroFin in 2004 to co-create an innovative integrated solution business model to address the needs of…
SafeBoda is using modern technology to provide safer rides to motorbike taxi (boda-boda) passengers, increase profitability and regulation for drivers, and improve the lives of thousands of Ugandans that rely on boda-bodas as their main source of daily transport. Boda-bodas play a vital role in the Kampala traffic system as they are affordable and can…
Shell Foundation provides patient grant funding and extensive support to our social enterprise partners with the objectives of creating maximum impact and making those enterprises financially viable. Husk Power Systems’ recent announcement of commercial investment from Shell Technology Ventures LLC, Swedish development finance institution Swedfund International and ENGIE Rassembleurs d’Energies, ENGIE group’s impact investment fund,…
Two recent additions to the SF portfolio are using innovative technology and business models to deliver increased and improved access to energy in Africa, including into some new and challenging markets. SF is supporting BBOXX and Aceleron as part of our strategic partnerships with the UK Government and USAID, which aim to create and scale…
Shell Foundation and Dutch development bank FMO have signed a Memorandum of Understanding agreeing to cooperate in the fields of access to energy in Sub-Saharan Africa and India. This will include investment in financial institutions with specific goals to increase access to finance, reduce inequality and promote green financing and agribusiness. SF Director Sam Parker…
Nearly half the world’s population cooks with biomass. Open fire cooking represents the world’s largest environmental public health challenge contributing to climate change, deforestation, disability and mortality, while keeping families in the cycle of poverty to collect or purchase fuel for daily cooking. Household Air Pollution from open cooking fires kills 4.3 million people a…