Social Impact

Accloud’s vision

M-power local business owners and communities by providing a platform to grow sustainable and prosperous enterprises

Impact

One of the biggest problems facing the global economy is creating jobs and helping entrepreneurs and micro-SMEs prosper in growth markets1.

Within the fastest growing economies of the world, including India, there lies massive untapped potential as MSMEs are one of the most disenfranchised and underserved groups.

The entrepreneurs running MSMEs work hard to provide for their families, but with limited potential for business or income growth due to a lack of affordable capital and little access to new markets.

1 Source: World Bank.

Accloud’s innovative tech platform provides simple, easy to use business management tools, it opens new trade opportunities and redefines access to capital growth markets. This will:

  • Increase household income
  • Improve digitisation amongst India’s micro-SME community
  • Close the funding gap for micro-SMEs through the provision of accessible, affordable capital for the first time
  • Create job opportunities and stimulate an entrepreneurial environment
  • Combat income inequality between urban and rural areas
  • Improve community access to schools and hospitals
  • Boost social prosperity and national GDP as a whole

Learn more about how Accloud’s technology M-powering businesses

Success Stories

Commitment

Accloud is committed to directly investing in and supporting projects which benefit local communities.

We consider how these projects support the UN Sustainable Development Goals, prioritising the goals most applicable to our operations, which are:

No Poverty

Economic growth must be inclusive to provide sustainable jobs and promote equality

Quality Education

Obtaining a quality education is the foundation to improving people’s lives and sustainable development

Gender Equality

Gender equality is not only a fundamental human right, but a necessary foundation for a peaceful, prosperous and sustainable world

Decent Work & Economic Growth

Sustainable economic growth will require societies to create the conditions that allow people to have quality jobs

Industry, Innovation & Infrastructure

Investments in infrastructure are crucial to achieving sustainable development

Reduced Inequalities

To reduce inequalities, policies should be universal in principle, paying attention to the needs of disadvantaged and marginalized populations

Sustainable Cities & Communities

There needs to be a future in which cities provide opportunities for all, with access to basic services, energy, housing, transportation and more

Partnerships for the Goals

Revitalize the global partnership for sustainable development

Learn more about the UN’s SDGs

Sustainable Development Goals

Direct action – The Ernie James Academy

As part of Accloud’s commitment to improve lives in the communities in which it operates, it has set up an initiative providing direct assistance to schoolgirls from deprived families across India through a school scholarship programme: the Ernie James Academy.

Key to this programme is not just providing the opportunity for education but also compensating families for any loss of income as a result of the child not working, as is common in much of rural India.

The longer-term objective is to provide these girls with the skills to start their own businesses, thereby supporting long-term local economic growth, job creation and gender equality.

The Academy has been named for our Founder’s grandfather, Ernie James. Ernie gave a lifetime of service to education, starting at the age of 14. He was a passionate teacher, helping children in both urban and rural Australia throughout his lifetime. He was committed to giving all children an equal opportunity in life and went where he was needed most. The Ernie James Academy is our way of continuing his dedicated work.

Modern Day Slavery

There are an estimated 8 million people living in modern slavery in India. Many of these are women and children from rural areas. They are drawn to large cities in search of meaningful employment only to find themselves trapped in unpaid labour or held in debt bondage.

It is imperative that more be done to provide education and employment opportunities to those most at risk. That is why we are committed to delivering educational schemes for underserved communities and giving them the tools to empower themselves.