Sentbe selected as Top 3 teams of Inclusion Plus Solution Lab 2.0
- Hanna Yim
- Oct 26, 2020
- 1 min read
Updated: Dec 30, 2020
MetLife Foundation Korea and Korea Social Investment Foundation has run 'Inclusion Plus Solution Lab (IPSL) 2.0', a program to foster investment for social innovation organizations. IPSL 2.0 virtually held 'Deal Share Live Demoday' by inviting its 10 participating teams and 29 investors on October 26, 2020. At the Demoday, Sentbe, 276 Holdings, and Tankerfund were selected as the final top 3 companies.
IPSL 2.0 is a program to discover, invest and foster organizations having social innovation solutions for the financial health of the financially excluded as well as all members of society. 10 teams are selected and have participated in the IPSL 2.0 and approximately USD 10,000 was awarded to each of them. In addition to the reward, 12-week long accelerating support in management, legal affairs, IR, and marketing, etc. was provided.
As the final phase of the IPSL 2.0, 'Deal Share Live Demoday' was organized by inviting 33 impact investors. 10 participant teams presented business pitching and 3 teams - Sentbe, 276 Holdings, and Tankerfund - were selected as Top 3. Their business models were evaluated and recognized as social innovation particularly in improving and advancing the financial health for all. Top 3 teams are privileged to receive an impact investment amounting to USD 150,000 in total and an additional reward of USD 10,000 is to be provided to each of them.
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