‘Investable inclusive businesses to grow’

The number of domestic social enterprises worth putting money into is expected to increase substantially over the next 15 years, the Asian Development Bank (ADB) said, increasing the likelihood of substantial gains versus poverty.

The Manila-based bank said the size of these investable inclusive businesses (IBs) – defined as growing, commercially viable and profit making firms whose core businesses are designed to address the needs of those below the $3 international poverty line – could also balloon during the period.