Getting S**t Done at SOCAP: Two Deals Result from the ADAP Deal Room

Kyle Westaway, Carl Jensen (Good Nature Agro), Teresa Cauvel (Neopenda), Andy Lower ADAP is thrilled to announce partnerships with two outstanding social enterprises that participated in the ADAP Deal Room at SOCAP last week. We met the founders of these companies for the first time on Tuesday in the Deal Room, had intensive discussions and due diligence on Wednesday and Thursday, and agreed to deal terms on Thursday. Each company is receiving an investment of $75,000, and one will be receiving a year of legal services from Westaway, the social enterprise law firm. Neopenda Neopenda is a global healthcare startup striving to engineer healthcare solutions that give newborns in low-resource se

ADAP and Eight Social Enterprises Creating a Different Approach to Deal Rooms at SOCAP17

Photo credit: Numida. What do electric auto-rickshaws, newborn vital signs monitors, and mobile communications have in common? Each is the focus of one of the companies selected for the ADAP Deal Room @SOCAP. Selected from 44 companies that applied, the 8 social enterprises selected to participate represent a diverse range of sectors and operate in 7 different countries in Asia and Africa. ADAP stands for A Different Approach to Poverty, and the ADAP Deal Room @SOCAP is our attempt to take a different approach to the deal room. This deal room will be action-oriented and will create a level playing field between investors and entrepreneurs. During a session on Tuesday, October 10th that is op

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