TechEmerge is an award-winning program from the International Finance Corporation (IFC) that accelerates the adoption of innovation where it is needed most by matching innovators across the world with leading companies and organizations in emerging markets to pilot game-changing technologies, services, and business models. IFC—a member of the World Bank—is the largest global development institution focused on the private sector in emerging markets.
Leveraging IFC’s industry expertise and global partner networks, TechEmerge dives deep to pinpoint the unique needs of emerging markets. Together with our panel of independent advisors, we support participants throughout field testing, mitigating financial and operational risks for innovators, reducing adoption risks for local firms, and facilitating market-entry and tech transfer.
TechEmerge builds on IFC’s strong track record of investing in young companies with innovative technologies or business models with high impact potential. The TechEmerge program leverages its access to a vast global network of development partners, local implementing partners, technical specialists, and multinational corporations to support the program.
IFC works with more than 2,000 businesses worldwide, using its capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, IFC invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org.
TechEmerge uses a unique six-step process to connect innovators with companies in emerging markets and accelerate the adoption of new technologies, services, and business models.
Together with our network of partners we are helping to strengthen vital sectors in emerging market countries and forging global connections.
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