Evidence Action
Evidence Action reducing poverty and spurring growth in developing countries.
Business Model:
Revenue: $0
Employees: 201-500
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Detailed Evidence Action Information
Geographic Data
Address:
City: Washington
State: District of Columbia
Zip:
Country: United States
Financial Info
Stage:
seed
Raised Last:
$120k
Raised Total:$120k
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Description
No Lean Season reduces the negative effects of seasonality on the poorest in rural agricultural areas by enabling labor mobility that increases incomes. It is a new program that they are testing in Evidence Action Beta&s;s portfolio, based on rigorous experimental evidence. They give a travel subsidy of $20 to very poor rural laborers so they can send a family member to a nearby city to find a job during the period between planting and harvesting. This is the time in rural areas when there are no jobs, no income, and when families miss meals. This seasonal poverty affects 600 million people around the world. With a temporary job during this &s;lean season,&s; households are are able to put an additional meal on the table for every member of the family each and every day. That’s 500 additional meals during the lean season.
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| Announced Date | Company | Transaction | Money Raised |
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| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2016 | Grant | 1 | - |
Global Innovation Fund Global Innovation Fund |
3/2017 | Seed Round | 1 | $120k |
Y Combinator Y Combinator |
2/2016 | Grant | 1 | - |
Global Innovation Fund Global Innovation Fund |
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Revenue: 0 - 100000 Employees: Industry: Software |
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Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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