NESsT’s recent study and extensive research identifies that the term ‘bioeconomy’ is often broadly interpreted by bioeconomy funders and global policymakers, sometimes straying far from a vision of environmental stewardship. We interviewed Indigenous leaders and entrepreneurs as part of ongoing efforts to deepen our understanding of their perspectives, vision and expectations of the bioeconomy as not just as an economic model, but as a way of life rooted deeply in ancestral tradition.
The Methods Behind NESsT’s Study to Bring Local Perspectives to Bioeconomy Financing Discussions
This blog delves into the methodology behind NESsT’s publication to improve the targeting, accessibility, efficacy, and efficiency of investments in the Amazon bioeconomy; it homes in on NESsT’s firm intention to bring local voices to global discussions around Amazon bioeconomy funding and explores how NESsT anchored the publication in authentic narratives and diverse Amazonian contexts while tailoring the message for the international financing community.
NESsT Lirio Fund Expands into Brazil to Further its Efforts to Enhance Livelihoods and Sustainable Development in Latin America
As part of its ongoing commitment to address the pressing challenges faced by entrepreneurs in Latin America, particularly in the Andes-Amazon region, the NESsT Lirio Fund is expanding its reach into Brazil. The fund is investing in small and medium-sized enterprises that create dignified income opportunities and improve local livelihoods while contributing to environmental conservation.
NESsT Extends its Acceleration Work for Indigenous-Led Enterprises in the Amazon Basin, Supported by The Gordon and Betty Moore Foundation
Indigenous and Local Voices Lead NESsT’s Call to Strengthen Global Funding to the Amazon Bioeconomy
NESsT and IKEA Social Entrepreneurship Welcome New Enterprises to Catalyze Positive Change in South America
How NESsT is refining its impact measurement and management to capture gender and regenerative impact beyond numbers in the Amazon
NESsT has a portfolio of 50 enterprises based in the Amazon. Over the past five years, NESsT portfolio managers have worked closely with these enterprises to monitor, measure, and grow their impact. Recently, NESsT sought to develop more detailed methods to understand the culture and context of the data it collects, specifically for enterprises in the Amazon.
Supporting the empowerment of Xikrin do Bacajá women: Amplifying their voices through a new line of artisan products
Associação Bebô Xirin do Bacajá (ABEX) is an Indigenous-led association that participated in the Amazon Indigenous Rights and Resources (AIRR) project launched in 2021 to support Indigenous populations to become more visible and active actors in the Amazon economy, in ways that conserve rainforest biodiversity and build environmental resiliency.
NESsT Welcomes Afrotourism Enterprise Diaspora.Black into its Racial Equity Portfolio in Brazil
Diaspora.Black, a social enterprise in the tourism and events sector, joins the NESsT Racial Equity Initiative. With NESsT’s investment, Diaspora.Black will offer training and funding to local Afro-entrepreneurs, fostering a community dedicated to expanding tourist routes that bring more visibility to the history and culture of Afro-Brazilians.
NESsT in Chile: Over 26 Years of Impact in the Region
Nicole Etchart, NESsT CEO and Co-Founder, spoke with journalist Valentina Llompart at the Diario Financiero.
Article Summary: Founded over 26 years ago, Impact investor NESsT’s international trajectory has taken it to countries in Central and Eastern Europe and South America, including Chile – which was one of the first countries it invested in. NESsT has created significant impact in the region through investing in social enterprises that work on the ground with Chile’s marginalized communities.
Read the full article on Diario Financiero.
NESsT in Chile
Over 26 years, NESsT’s model has shifted its focus to support social enterprises in the so-called ‘missing middle’. Today, NESsT brings patient capital and business assistance to entrepreneurs working with marginalized communities in 10 countries across Central Europe and South America, including Chile.
“The companies we support are slightly more advanced than startups – they have developed an initial idea and have an established business model, but they need a push to grow in order to create real impact,” shared Nicole Etchart.
The impact NESsT has generated in the region is significant. Since it was created, NESsT has channeled over US $2M in resources to social enterprises in Chile, supporting companies that often face obstacles when accessing financing from traditional sources due to their high-impact focus.
Through deploying patient capital and business assistance to 25 Chilean enterprises working with marginalized communities, NESsT has supported the creation of more than 5,000 dignified jobs in the country. To date, these efforts have positively impacted over 184,400 individuals.
Today, NESsT provides tailored business support to 9 social enterprises in Chile as part of the NESsT - IKEA Social Entrepreneurship Accelerator Program in South America, including Ecocitex, Bendito Residuo, Inclúyeme, Lazarillo, and Savia.