Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. It invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$9 billion in over 1,000 companies in 46 countries.
Although ICap’s investment in GISB is not a typical venture capital deal, it was an opportunity to identify ways for technology to have a broader impact around the world.
Grameen Trust (GT) is committed to the cause of poverty alleviation. It envisions a poverty free world. Its mission is to undertake programs that will help eradicate poverty. As a part of its mission, GT promotes the Grameen Bank Approach (GBA) and provides financial and technical support to Grameen Bank Replication Projects (GBRPs) worldwide. It also directly implements microcredit programs in areas where there is no sustainable microcredit project for the poorest.
Grameen Trust’s vision of a poverty free world is steadily being realized through acting as a wholesale fund, helping capacity building, developing sustainable programs and mobilizing support for creating an enabling environment for rapid growth of microfinance programs worldwide.