Developing Country Incubation
Through partner organizations, the Foundation supports the launch of early enterprises and the constant iterations on a well-defined problem based on the needs of the poor, state of the art technological invention, and a self-sustaining business proposition. We support enterprises that have the potential to be self-sustaining and scalable, as well as attractive to downstream investors.
By supporting pro-environment technologies that lead to jobs, The Lemelson Foundation seeks to help those in developing countries conquer poverty and build better lives. The benefits of this work will be felt not just today, but in future generations.” – Prof. M.S. Swaminathan, Geneticist, leader of the Green Revolution and Founder of the M.S. Swaminathan Research Foundation
The Foundation works with partners in the U.S. and within developing countries to incubate invention-based businesses that serve the poor and that have a high potential for becoming self-sustaining over the long-term. This work includes:
- Villgro, an Indian non-profit organization that incubates, funds and supports early stage innovative social enterprises that impact the lives of India’s rural poor.
- Inotek, an Indonesian non-profit organization that facilitates development and dissemination of innovative technologies through invention-based enterprises in Indonesia.
- NESsT, in international NGO present in ten countries in Latin America and Eastern Europe, to support technology-based social enterprises for development in Peru.
Additionally, some of our US-based incubation partners – such as VentureWell – also promote activities that support this developing country incubation initiative.