What's New? Business Partnerships Platform announces Round 2 partners
The Business Partnerships Platform (BPP) is an initiative supported by the Australian government and managed by Palladium. The BPP enables businesses to address development challenges in Asia, Africa and the Pacific Region by creating shared value partnerships. A second round of funding was awarded in late 2017 for an additional 10 partnerships, bringing together 40 organisations representing an array of industries and locations.
Where will you be based?
Round 2 BPP partnerships are located in Laos, Bangladesh, Myanmar, Cambodia, Vanuatu, Samoa, Sri Lanka, Pakistan and Indonesia.
Who will you be working with?
We’ll be working with organisations from an array of industries, including agriculture, health, energy, and employment. Each partner engages with the private sector in a unique way to build a business while creating social value. Our 2017 partners are:
- Krissy Co. and Fairtrade Australian and New Zealand partnered with Coconut Farmers Association in Samoa to improve access to markets for smallholder coconut farmers in Samoa
- In Myanmar, East West Seed and Mennonite Economic Development Associates are creating new markets for seeds and vegetables
- The Asia Foundation and Krawma partnered to develop job information and recruitment services in Cambodia
- In Bangladesh, affordable vision correction services to rural populations will be promoted through the partnership coalition of Eye Mitra Opticians, Essilor, MART, and Grameen Kalyan
- Engro Corporation and Mennonite Economic Development Associates are building inclusive seed systems in Pakistan
- In Indonesia, Elevate has developed a coconut sugar supply chain enterprise
- A digital payment platform has been developed in northern Sri Lanka and will be managed by Dialog and Ernst & Young
- In Bangladesh, Oxfam and Bangladesh SME Corporation Limited are improving the dairy sector and promoting sustainable energy use
- Village Infrastructure is improving productivity with solar agricultural mills in Vanuatu
- In Laos, Premium Animal Nutrition and the University of Sydney are enhancing livelihoods of smallholder farmers
What’s your goal?
The BPP engages the private sector to address development challenges. Partnerships achieve economic results while delivering social value by improving livelihoods, incomes, health, education, and incorporating women’s economic empowerment.
How will you deliver Positive Impact?
BPP Partnerships are created on the shared value principles of reconceiving products and markets, redefining productivity in the value chain, and enabling local cluster development. These shared value partnerships will create scalable solutions to economic and social conditions in developing countries.
BPP partnerships are closely supported throughout the initiative’s funding. Dedicated advisors ensure all levels of partnerships are sustained and advocate for relevant industry and regulatory improvements. They also deliver scheduled partner health-checks, monitoring and results measurement and gender equality assessments.
How will you make sure Positive Impact is enduring?
Each initiative is carefully selected based on commercial viability—with intention to scale. During the business plan development stages, technical advisors provide input and assess business plans to ensure success rates.
Throughout the funding period, initiatives are monitored and supported to guarantee sustainable results. If initiatives experience any setbacks, advisors identify and provide improvements to ensure practices enable continued success beyond the funding period.
Knowledge sharing and advocacy for best practice among industry, government and private sector partners are at the core of BPP. Partnerships deliver varying levels of education in business, partnership brokering, financial agreements and women’s economic empowerment, with local staff in a position to apply these new skills for long term benefits.
Business Partnerships Platform is supported by the Australian Government and implemented by Palladium. Check out more here!