Service # 2 Encouraging the growth of SDG-relevant businesses
UNDP provides business incubators and accelerators the necessary expertise and tools to enable implementation of the SDGs. This service initiates and supports business incubation. UNDP also provides acceleration programs to support companies at different growth/maturity stages which enables the adjustment of business models to intensify sustainable innovation related to the SDG targets. UNDP’s impact venture accelerators (IVAs) also focus on scaling private sector-originated, proven, and investible business and technology solutions to address COVID-19 challenges.