Who funds Akvo?
Akvo received initial funds for startup from a number of different partners: NWP, Partners voor Water, Nedap, Aqua4all, ASN Bank, Simavi, Dutch Ministry of Foreign Affairs through the Schoklandfonds, Rabobank, Unie van Waterschappen. We have also received in-kind contributions from IRC, ProWeb and SIWI. In November 2010, as part of its MFSII funding announcement, the Dutch Ministry of Foreign Affairs announced that around €100 million worth of development aid projects will be reported via Akvo system over a five year period. The operational revenues related to this service agreement mean that Akvo is now financially self-sustaining, a key objective of our business plan.