The GenEM Foundation funds sustainable, long-term income generation opportunities for marginalised communities who are currently beyond the reach of traditional market-based solutions.
We work exclusively in developing countries, offering a platform for impact-first investments into revenue-generating enterprises and, where needed, grants for training and market development.
The GenEM Foundation is the new name of The Genesis Charitable Trust.
Objective
We aim to:
- Unlock economic potential within marginalised communities through alleviating market failures, addressing government neglect and supporting collective action
- Empower communities to generate long-term improvements in living standards and self-sufficiency
- Share opportunities from the transition to sustainable economies, and mitigate the impact of climate change
We believe channelling catalytic and concessionary capital to small and fast-growing businesses can meaningfully and sustainably improve opportunities for marginalised workers and producers.
We will focus on repayable grants and revenue-based loans to:
- Support the ecosystem which derisks and crowds in larger pools of impact and commercial funding
- Use commercial discipline to increase the long-term sustainability of enterprises and develop value chains
- Magnify impact by funding social entities which can recycle capital.