Posted on Leave a comment

Integra Partners teams up with USAID to invest in women-led early stage startups

Venture capital firm Integra Partners has teamed up with the United States Agency for International Development (USAID) to launch of a new programme supporting early-stage, women-led tech startups across South and Southeast Asia (SEA).

In a press statement, the organisations said that the programme will target companies that are “offering inclusive digital finance and other essential services supporting traditionally underserved consumers and small businesses.”

It will include a Singapore-based financing facility that will invest up to US$250,000 and support companies with early stage funding, mentorship, and market positioning.

This initiative also intends to support Integra Partners’ upcoming Fund III which invests across the two regions.

Integra Partners has previously designed and launched the Win With Women initiative with USAID. The programme is a regional business acceleration programme for early-stage women-led tech startups across Indonesia, the Philippines, Thailand, and Vietnam.

Also Read: These 3 winners of USAID’s Innovation Challenge aims to tackle family planning needs, teenage pregnancy

Under the same initiative, Integra is launching this new financing facility to support women-led tech startups.

“Through the current programme, we have met with over 200 women-led or women-focused startups and we are so excited to be able to provide support in a more concrete way via mentorship and funding with this programme extension. We will also be inviting the senior female investors that we have met along the way to come along on this journey with us to mentor and guide the startups – because we want this to be a transformational program for the SEA ecosystem,” said Jennifer Ho, Partner at Integra Partners.

Integra Partners is a Singapore-based venture capital firm with US$150 million in assets under management, investing across five main themes that leverage technology and financial services: SME enablement, financial inclusion, healthcare, agri-food, and the environment and climate.

The USAID is the US government agency that leads international development and humanitarian assistance efforts to partner countries. It provide humanitarian assistance, reduce poverty, strengthen democratic governance, advance economic opportunities, and help achieve progress beyond programmes.

Its Digital Invest programme is a flagship initiative under the G7 Partnership for Global Infrastructure and Investment (PGI).

The post Integra Partners teams up with USAID to invest in women-led early stage startups appeared first on e27.

Leave a Reply

Your email address will not be published. Required fields are marked *