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Join us at Plexus Health Innovation to harness the creative powers of local entrepreneurs in assessing community health needs and devising market-based solutions. Our approach includes identifying entrepreneurs, assessing local needs, creating an incubator & resource hub, and establishing a Health Entrepreneur Network. We offer financial sustainability options such as loan repayment, corporate sponsorship, and fees for utilizing incubator space. Partnering with Acumen Fund, CRS, and FSG, we bring impact investing expertise, grassroots development support, and network creation to the table. Together, we aim to generate affordable and accessible healthcare solutions.
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The Need: Affordable, Accessible Health Care Edith The Mwilimu Family
Harness the creative powers of local entrepreneurs to assess community health needs and devise market-based solutions which both improve access to health care and foster economic growth.
OUR APPROACH • Identify Entrepreneurs • Assess local needs • Scout for new talent • Re-engage previous microfinance recipients • Create Incubator & Resource Hub • Resource hub for trainings, workshops and business development • Local space for the network members to convene • Establish pilot program to accelerate growth of health sector and innovative health solutions
OUR APPROACH • Create and manage Health Entrepreneur Network • Coordinate local establishment of operational standards and platform for best practices • Communications infrastructure for health practitioners and business owners to share information and lend support • Financial Sustainability Options • Loan repayment and interest • Corporate sponsorship • Tuition from workshops and business development trainings • Fees for use of incubator space
Budget - 3 years • Small Enterprise Loans $1 million • Initial Creation $800,000 • Establish Incubator Hub • Network communications technology • Incubator Operations $600,000 • Business support and training workshops $400,000 • Marketing and Outreach $200,000 • Total $3 million
Our Strategic Partnership: What Competencies We Bring to the Table Acumen Fund: Impact investing and business support services CRS: On the ground grassroots development, local partners, distribution logistics FSG: Network creation, managing communication infrastructure, shared values creation
Why Our Partnership Works? • CRS: • Enhance local capacity to address health needs • Identify local entrepreneurs and communities in need • FSG: • Develop network of entrepreneurs • Information sharing, support • Data collection and surveying strategies • Acumen: • Harness market-based, private sector solutions • Small enterprise development and support services • Measures of Social Return on Investment
The Solution: Plexus Health Innovation -- generating affordable, accessible health care Partnership