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 Group—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.
“The TechEmerge Health pilots have improved our footprint and brand in Brazil which is turning into a significant market for us. We generated two more commercial contracts in Brazil as Grupo Fleury and HSL served as our references”
“TechEmerge was part of our broader strategy to expand our business networks & ensure our sustainable cooling innovations meet the needs of the widest possible array of companies and sectors. As TechEmerge is a program from the International Finance Corporation, we also benefit from the organization’s 60 plus years of experience working with the private sector in emerging markets.”
“TechEmerge put us in contact with tech startups around the entire world that had very focused and effective solutions for the sorts of problems we were presented with. It was an exceptional opportunity.”
"Kobo360's business mission is driven by ingenuity and innovation, and we are proud to be partnering with TechEmerge participants to prove that temperature-controlled logistics can be affordable, energy-efficient and environmentally friendly too, while growing vital sectors of the Nigerian economy and opening up new business opportunities across Africa."
"Teaming up with innovators worldwide is a win-win proposition that will lower our energy consumption and greenhouse gas emissions, create value for our customers, and ensure the sustainability of our business moving forward as we continue to expand our network. We are grateful to IFC for including us in their TechEmerge Program."
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