As a whole, this pilot enabled us to gain important understandings on how to work in a complex setting with start ups and businesses. A key achievement of the pilot is that we held a big cross- sectorial blended finance conference called Ecuador 2024 Sustainability Summit. With our presentation, media campaign and sponsor stand, we successfully connected with interested companies. On the other hand, and something which is a learning experience for us, is that we were unable to reach out to as many companies as we would have hoped for. Furthermore, our initial collaboration with Novulis failed due to differences in priorities and ways of working. The project also occurred during a phase of staff turnover, meaning that we were struggling with capacity.

As a result of these learnings, we would have done two main things differently. Primarily, we would have conducted better market research to scan for company potential and be clear from the beginning on differences between stakeholders and agree on ways to collaborate. Unfortunately, the project was stopped so we were unable to see any significant results, however, in the long term, the impact has been more respect for blended financing and the complexity related to it.

 

 

 

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

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