VentureBuilder (VB) is a Development Company that is pioneering a new model to provide deep technical expertise and early-stage equity capital to scale African-owned and -managed distributors. Local distributors often have years of experience serving thousands of customers with a variety of products, but lack sufficient expertise and capital to launch and scale pay-as-you-go (PAYG) solar businesses. VB is partnering with these local distributors to provide enterprise development services and investment capital. This will enable them to sustainably scale the PAYG business model and reach millions of customers with affordable, reliable, modern energy. We believe this approach will build a new generation of local solar companies, capable of reaching populations that cannot be accessed by the current model of large, vertically-integrated businesses.
VentureBuilder has been co-developed by Catalyst Off-Grid Advisors and Open Capital Advisors. The White Paper below explains in greater detail how VentureBuilder works and why we believe it is a key contributor toward reaching SDG 7 in Sub-Saharan Africa.