The private sector creates both jobs and revenue, making it one of the most important factors in the issues of development and poverty reduction. The winners of the G20 Challenge were companies with innovative and inclusive business models which had successfully integrated underrepresented and disadvantaged population groups from emerging economies into their value chains. The winning companies then faced the challenge of scaling up and replicating their business models to fit other countries, due to the great interest in international exchange and expansion of networks focusing on business development, finance, human resource development and economic frameworks.
The G20 Inclusive Business Workshops offered the winners the chance to connect with other companies, giving them a space to work together to reach solutions for common challenges. They also had the chance to meet representatives to discuss market options, business issues, regulatory frameworks and financing opportunities. In addition, high-profile panels offered a space for discussion on the role of government and financial institutions in supporting inclusive business models.
On behalf of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the Federal Ministry for Economic Cooperation and Development (BMZ), adelphi planned and organised a series of workshops addressing the specific challenges facing development-oriented companies. Overall, four workshops were hosted in Berlin, Medellin, Mumbai and Nairobi, each workshop being attended by between 100 and 200 participants.