Development Accelerator 2019
Annual report
Development Accelerator (DA) co-finances early-stage projects with a Dutch interest in the health, the agri-food, water, renewable energy and climate sectors in emerging markets.
The DA also provides capital support for Dutch start-ups with innovative solutions for societal challenges in emerging markets that create positive impact on the Sustainable Development Goals.
In 2019, the Development Accelerator signed contracts for eight new projects in Rwanda, Nigeria, Mexico, Vietnam, the Philippines, Bangladesh and Indonesia.
The investments include projects for hospital renovation, a wastewater treatment facility for a heavily polluted river and renewable energy projects.
Our performance
In 2019, the Development Accelerator contracted three new projects for an amount of €2.0 million in the health, and water sectors. In addition five Dutch start-ups, the winners of Finture Solutions, were awarded €625,000 in
development capital.
€5.1 million
Total fund capital
5
Active projects
2 water projects and 3 health projects. We contracted 3 new projects in 2019.
5
Number of start-ups
We supported two starts-ups in the climate sector, one in the agri-food sector and one active in the water sector.
Our committed portfolio
Total fund capital
€5.1 million
Total committed portfolio by region
Ruhengeri Referral Hospital reconstruction and equipment
Dutch Health B.V. is specialized in developing turnkey healthcare solutions, including the design, construction and equipping of hospitals, healthcare centers and other health related infrastructure worldwide.
Makueni - Public-Private Partnership for Primary Care
DA funds are used to co-finance the feasibility phase of the project being undertaken in three primary healthcare facilities by Amref Flying Doctors and Philips Medical Systems B.V. in Makueni county in Kenya.
FMO - IFC partnership
Under this partnership FMO has allocated EUR 1 million from the Development Accelerator to a trust fund managed by IFC, the investment arm of the Worldbank. The funds will be used by IFC for preparation, structuring and tendering of public-private partnership projects in water and healthcare, the two important sectors where the Netherlands offers advanced expertise.
Pyigyitagon water supply, Myanmar
In the second-largest city of Myanmar, Mandalay, we are investing in the construction of an integrated water supply system. Currently more than 70% of the households in the Mandalay township Pyigyitagon are not connected to piped water supply.
OAPAS Naucalpan Wastewater Treatment System
Our client is OAPAS, a local Mexican drinking water company. OAPAS stands for Organismo Público Descentralizado para la Prestación de los Servicios de Agua Potable, Alcantarillado y Saneamiento del Municipio de Naucalpan de Juárez, Estado de México.