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Leveraging the power of social innovation

Our Social Innovation Program

At Bayer Foundation, we define social innovation as the power of innovation, entrepreneurialism, and creativity to create inclusive business models that empower communities to improve their lives and enhance social impact in a responsible manner. Our focus is on underserved communities in the global south, supporting access to health, nutrition and improving agricultural productivity.

Enabling communities to thrive

Enabling communities to thrive

Our approach:

Living Goods brings health access to rural communities in Uganda
Living Goods brings health access to rural communities in Uganda

Support of social enterprises and innovative NGOs:
Social Innovation Ecosystem Fund

Established in 2019, the Social Innovation Ecosystem Fund (SIEF) aims at improving life of underserved communities by scaling social innovations across the global south to foster sustainable entrepreneurship and building a social innovation ecosystem. From 2019-2022, the fund was only focusing on social innovation in Sub-Saharan Africa, from 2023 onwards, Bayer Foundation will also use this grant vehicle for supporting communities in Latin America, Asia and the Middle East in addition to keeping the engagement in Africa.

 

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The WEA targets innovative women from the Global South
The WEA targets innovative women from the Global South

Empowering female entrepreneurs:
Women Empowerment Award

Our Women Empowerment Award aims to help female entrepreneurs and their social enterprises generate social impact in the Global South. Fifteen entrepreneurs with solutions for health, nutrition, and sustainable agriculture-related challenges receive 25.000 EUR along with participation in our tailored empowerment program including active investor feedback and access to our global alumni network.

 

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The SISTAC program provides expertise to innovative start-ups to solve social challenges
The SISTAC program provides expertise to innovative start-ups to solve social challenges

Springboarding entrepreneurial solutions:
Social Impact Start-up Academy

The Social Impact Start-up Academy (SISTAC) program is a win-win proposition: Master students get the chance to help solve real-life social challenges. Startup founders from the global south, focusing on health and nutrition-related challenges, gain relevant business knowledge empowering them to boost the impact of their social innovation, and improve the livelihoods of vulnerable populations across the focus region.

 

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Social Innovation Day
2022

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Social Innovation Day
2022

Impact of our Social Innovation program

Our Social Innovation programs drive impact to different UN Sustainable Development Goals with their social businesses. 

 

Please find here the Bayer Foundation Impact Database on Loompact. 

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Bayer Foundation logo
Bayer Foundation logo
Bayer Foundation logo

© 2022 Bayer AG

Get in Touch

Do you have any queries or comments, please contact:
bayer.foundation@bayer.com