Sprout Enterprise® 2023 Impact: Funding Business Development
Created in partnership with Realize Impact, the R.I.S.E. Artisan Fund invests in early stage artisan enterprises addressing three key impact investment themes:
women’s empowerment
sustainability
climate change.
This year, we invested in Karghewale and ÉCHALE, and funded 2024 market development initiatives of seven companies from seven countries. We also continue to provide marketing and business development support to www.tilonia.com and www.sproutenterprise.net.
2023 Market Development Grants
R.I.S.E. Artisan Fund is proud to announce the recipients of its Market Development Grant Program for 2023. The program supports artisan enterprises with a clear mission to increase incomes to underserved communities, preserve traditional craft techniques, and address the environmental impact of their production.
Why We Invested: Karghewale
Working with weavers, most of whom are graduates of WomenWeave’s The Handloom School where they have completed an intensive curriculum in design, entrepreneurship and management, Karghewale helps these young creative entrepreneurs, leveraging their skills in textile design and production, to bring handwoven textiles of exceptional design and quality to new markets.