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Perivoli Innovations is a Purpose Trust established in 2016 with the Perivoli Trust as its Settlor. Its aim is to allocate the profits from successful investments in new technologies to The Perivoli Schools Trust which focuses on improving nursery school education in sub-Saharan Africa.

Mission

Perivoli Innovations has a dual mission

Firstly, to invest in opportunities presented by the commercialisation of early stage life science, medical, digital and other new technologies; and secondly, to allocate the resulting profits, if any, to The Perivoli Schools Trust, a Namibian registered Trust which seeks to address the inadequacies of nursery school education in Sub Saharan Africa.

Independence

One of Perivoli Innovations’ advantages is its independence. It answers to no third party investors and so, when it comes to investment choices, can take a long term view. It does not set time lines or internal rate of return expectations upon its investee companies in the belief that “patient”, nurturing capital delivers better outcomes. Perivoli Innovations depends solely on the Perivoli Trust for its funding as well as the reinvesting of proceeds from divestments not allocated to the Perivoli Schools Trust.

Investment Strategy

Perivoli Innovations looks for early stage, innovative and highly scalable businesses that have the potential to make a big difference to people’s lives and the planet. It’s initial focus hitherto has been on the spin-out opportunities emerging from the research departments of the U.K’s leading universities and also digital businesses emerging from technology centres in Africa, both of which tend to be capital starved in their early years.

Value Added

Perivoli Innovations plans its approach to capital allocation so as to be able to “follow-on” in subsequent funding rounds. In some instances it aims to add value to its investee companies by providing advice and access to experts where appropriate.

Fees

Perivoli Innovations does not charge subscription fees, legal fees, annual supervision fees or any other fees.

Investments

Perivoli Innovations has made direct investments into the following businesses and indirect investments through Funds into others.

Bamba Group

a Kenya based start-up that uses SMS packages as incentives to people in mainly rural communities across Africa to supply personal data and preferences to sell on to market research organisations.

www.bambagroup.com

Perivoli Schools Trust

It is a sad fact that an estimated 30% of children entering sub-Saharan African state education systems aged six or seven drop out of primary school by aged ten, a large number of girl students fall pregnant from aged thirteen and too few students complete their education.

One of the widely accepted reasons for the failure of formal education systems is simply that children have not been equipped in their nursery school years to deal with school life. The aim of The Perivoli Schools Trust is to see primary school dropout rates decline and for children to get more out of their formal education.

The Programme run by the Perivoli Schools Trust shows nursery school teachers through a course of twelve Training Modules delivered over a two year period how to manage their class rooms, how to make educational toys out of waste materials and, in doing so, the value of play which is otherwise not well understood across the region.

The Trust currently employs a corpus of Perivoli Trainers who in addition to delivering the Training Modules undertake regular class visits to the nursery school teachers to assist with the implementation of the Programme and provide on-going supervision.

The Perivoli Schools Trust, funded hitherto by the Perivoli Trust, interacts with over 2,200 nursery school teachers in Namibia and an estimated 50,000 children aged two to seven. Its goal, depending on the success of Perivoli Innovations, is to increase these numbers many-fold across Namibia and other sub-Saharan countries over time.

Find out more

Contact

For further information please contact: James Alexandroff (advisor to the Trustees) at info@perivoliinnovations.com