The Nedbank Indalo Fund provides a pioneering approach to concessionary financing designed to foster systemic growth and impact the green economy. The focus and objective of the fund is to increase the social and economic value of enterprises. It is designed to achieve sustainable impact through the provision of non-interest fee bearing recoverable grants that are complemented by structured business development support which is aimed towards development of a pipeline for increased commercialisation of green and social enterprises. This is to ensure that the enterprises have longevity and multiple effects, reach and impact within the community at large.