SHE Investments

What SHE Investments does

SHE Investments, founded in 2015 and headquartered in Phnom Penh, Cambodia, is a non-profit gender-smart entrepreneurship support organization that operates programs for women with micro, small, and growing businesses. Effective January 2024, SHE was integrated as a program within iDE Cambodia (International Development Enterprises), an international non-profit with approximately 1,300 staff, and now operates under a 'powered by iDE' brand identity while retaining programmatic autonomy. The organization delivers a portfolio of services that includes the SHE Incubator (foundational business training, launched 2016), the SHE Growth Accelerator (a six-month intensive scaling program launched 2019 and funded by the British Embassy), the SHE Membership Program with bi-monthly events across five provinces, and one-on-one and group coaching delivered by International Coaching Federation-accredited coaches. Additional productized offerings include the Financial Pathways Toolkit (a three-module financial literacy curriculum in English and Khmer), the SHE Entrepreneurs Handbook, and a digital literacy training program developed with Youth Business International and funded by Google.org.

SHE's underlying technology stack is minimal — the organization describes itself as a support services provider rather than a technology company, with no proprietary software platforms, no mobile applications, and no API surface. Service delivery is human-led through workshops, in-person mentoring, group coaching, and bilingual digital content (blog, YouTube, webinars). Distribution is multi-channel: direct membership enrollment through provincial coordinators in Phnom Penh, Siem Reap, Battambang, Kampong Cham, and Kampot; partner-channeled delivery through Pact, yGAP, ANDE, and YBI; and earned/owned digital marketing through Facebook, Instagram, LinkedIn, YouTube, and a bilingual blog.

The business model is grant-and-program-fee funded rather than commercial: revenue streams include donor grants (USAID, Pact, British Embassy, Google.org, Sasakawa Peace Foundation, SK2 Fund, UNCDF, UNDP, and others), supplemented by program fees and membership dues. Customer outcomes reported include a $738,334 cumulative increase in monthly revenue across program graduates, a $2,006 average increase in monthly revenue per graduate, and 60+ MSMEs accessing over $500,000 in financial capital. Impact data from the British Embassy-funded Growth Accelerator pilot shows 85% of graduates increasing revenue, 54% creating new jobs, 87% retention, and a 3x return on the original program budget. The primary customer segment is women entrepreneurs in Cambodia's informal and formal economy sectors, with only 2% of women-owned businesses formally registered, representing both the target market and the structural problem SHE exists to address.

Name

SHE Investments

Legal name

SHE Investments

Website

https://sheinvestments.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

SHE Investments is a Cambodia-based non-profit (founded 2015, integrated into iDE Cambodia in January 2024) that delivers business training, mentoring, coaching, and the Growth Accelerator program to women entrepreneurs with micro, small, and growing businesses across five provinces.

Ownership category

akta.pro rank

Product category

Entrepreneurship Support Services

SIC

Services-Educational Services (8200), Services-Management Consulting Services (8742)

akta.pro primary industry

Entrepreneurship Foundations & Startup Basics (EDAMAHAA)

akta.pro secondary industries

Accelerators & Incubators (Investor-Operated) (FSANAAAM), Entrepreneurship & Small Business Workforce Programs (EDAAAOAM), Financial Literacy, Budgeting & Personal Finance (EDAMAHAE), Leadership, Management & Teamwork for Business (EDAMAHAI)

Keywords

• Women entrepreneurship support
• Business incubation programs
• Financial literacy training
• Coaching and mentoring
• MSME capacity building

Headquarters

HQ city

Phnom Penh

HQ country

Cambodia

HQ region

Asia

Offices6 records

Markets served

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Program Services: SHE generates revenue through membership fees, program fees, and potentially government/NGO grants to deliver business training, mentoring, coaching, and networking services to women entrepreneurs.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

SHE Investments delivers a portfolio of gender-smart entrepreneurship support programs for Cambodian women running micro, small and growing businesses. Core offerings include the Incubator Program (foundational business training), the Growth Accelerator (intensive scaling program), the SHE Membership Program (bi-monthly events, webinars, mentoring, coaching in five provinces), the Financial Pathways Toolkit (Personal Finance, Prepare for Finance, Access to Finance modules), one-on-one and group coaching by ICF-accredited coaches, and the SHE Entrepreneurs Handbook. The organization became a program within iDE Cambodia in January 2024.

Product overview

SHE Investments, powered by iDE since January 2024, is a gender-smart entrepreneurship support organization offering a portfolio of programs for women entrepreneurs in Cambodia. The core offerings include the Financial Pathways Toolkit (with Personal Finance, Prepare for Finance, and Access to Finance modules), the SHE Membership Program, the Incubator Program for foundational business training, and the SHE Growth Accelerator for scaling businesses. Additional services include coaching and mentoring by ICF-accredited coaches, the SHE Entrepreneurs Handbook, and digital literacy training in partnership with YBI/Google.org. Programs operate in Phnom Penh, Siem Reap, Battambang, Kampong Cham, and Kampot provinces.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Pathways Toolkit A comprehensive financial education toolkit for women entrepreneurs consisting of three modules — Personal Finance, Prepare for Finance, and Access to Finance — designed to build financial literacy and capability for women running micro, small and growing businesses in Cambodia.
• SHE Membership Program Annual membership network for young women entrepreneurs providing bi-monthly events, webinars, mentoring and group coaching programs in five provinces (Phnom Penh, Siem Reap, Battambang, Kampong Cham, Kampot), curated by an advisory committee.
• SHE Incubator Program Entry-level business training program for women entrepreneurs in Cambodia providing foundational business development skills and support; the original SHE program launched in 2016.
• SHE Growth Accelerator A six-month intensive accelerator program for women-led businesses in Cambodia, combining business training, consulting, and support for formal-economy business registration; described as Cambodia's first accelerator specifically designed for women-led businesses.
• Coaching and Mentoring Services One-on-one and group coaching and mentoring services for SHE members, delivered by Associate Certified Coaches accredited by the International Coaching Federation, with mentor matching based on participant needs, expertise, and language preferences.
• SHE Entrepreneurs Handbook Bilingual (English and Khmer) entrepreneur's handbook providing guidance for women entrepreneurs on starting and growing a business in Cambodia.
• Digital Literacy Training Program Digital literacy training program for women-led MSMEs covering digital literacy, crisis management, financial management, and business model adaptation, developed with YBI and funded by Google.org.

Quantifiable outcome

• SHE program graduates achieve $2,006 average increase in monthly revenue
• +4 more outcomes

Named customers8 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core, secondary and minor.

• iDE CambodiacoreStrategic or Co-development Partner · 30 January 2024As of January 2024, SHE Investments became a gender-smart entrepreneurship support program within iDE Cambodia. iDE is an international non-profit committed to poverty reduction through agriculture, health, climate resilience, and gender equality. iDE has approximately 1,300 staff working in Cambodia and 10 other countries.
• PactcoreStrategic or Co-development PartnerPact supports SHE programs through funding and technical assistance for women entrepreneurs.
• Youth Business International (YBI)coreStrategic or Co-development PartnerSHE was selected as YBI's delivery partner for Cambodia. YBI is funded by Google.org to support underserved MSMEs respond to the COVID-19 crisis.
• Khmer EnterprisesecondaryStrategic or Co-development PartnerLocal partner organization supporting entrepreneurship ecosystem development.
• yGAPsecondaryStrategic or Co-development PartnerPartner organization supporting women entrepreneurs.
• Ministry of Women's AffairssecondaryStrategic or Co-development PartnerGovernment partner for women's entrepreneurship support.
• UNDPsecondaryStrategic or Co-development PartnerUNDP partnership for development programs.
• UNCDFsecondaryStrategic or Co-development PartnerUN Capital Development Fund partnership for financial inclusion.
• SNVsecondaryStrategic or Co-development PartnerInternational development organization partnering on ecosystem support.
• UNEPminorStrategic or Co-development PartnerUnited Nations Environment Programme partnership.
• Wildlife Conservation SocietyminorStrategic or Co-development PartnerConservation organization partner in ecosystem.
• PSI CambodiaminorStrategic or Co-development PartnerPopulation Services International Cambodia partnership.
• Nexus for DevelopmentminorStrategic or Co-development PartnerDevelopment organization partner.
• Marie Stopes CambodiaminorStrategic or Co-development PartnerHealth organization partner in ecosystem.
• Aspen Network of Development Entrepreneurs (ANDE)secondaryStrategic or Co-development PartnerSHE partnered with ANDE to launch a pilot Investment Readiness Program creating a pipeline of investment-ready, women-led enterprises in 2020.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Swisscontact: Swiss foundation for development cooperation implementing inclusive economic development, MSME support, and entrepreneurship training across emerging markets, including Southeast Asia. Comparable in providing business training, mentoring, and access to finance to underserved entrepreneurs.
• Mercy Corps: Global humanitarian and development organization with programs in economic development, MSME finance, and entrepreneurship in fragile and emerging markets. Comparable scope of business-support programming for underserved populations, including women entrepreneurs.
• TechnoServe: Global nonprofit working with enterprising people in the developing world to build competitive farms, businesses, and industries. Operates business-training and accelerator-style programs for small entrepreneurs in emerging markets, broadly comparable to SHE's MSME support model.
• iDE Global: Parent/sibling organization running market-based programs in agriculture, health, climate, and gender across 11+ countries. As SHE's host organization, iDE shares SHE's women-empowerment and micro-enterprise methodology but operates at much larger scale and scope, including rural distribution SHE now accesses.

Emerging players

• Acumen: Nonprofit impact investor and accelerator (Acumen Academy) supporting entrepreneurs tackling poverty in emerging markets. Comparable focus on women-led and early-stage ventures, with overlapping curriculum and accelerator-style programming for founders.
• Aspen Network of Development Entrepreneurs (ANDE): Network member-based organization supporting small and growing businesses in developing countries. ANDE directly partnered with SHE on the 2020 Investment Readiness Program and operates comparable capacity-building and entrepreneur-support programs globally.

Direct peers

• Women for Women International: International nonprofit providing marginalized women in conflict-affected and developing countries with vocational and business skills training, mentoring, and access to capital. Closely comparable target beneficiary profile and integrated training-plus-capital model.
• Youth Business International (YBI): Global network supporting young entrepreneurs and underserved MSMEs through training, mentoring, and access to finance. YBI selected SHE as its delivery partner in Cambodia, indicating overlapping model (training + mentoring + capital access) and directly comparable target beneficiary profile.
• WEConnect International: Global nonprofit connecting women-owned businesses to corporate and institutional buyers through certification, training, and capacity-building. Directly comparable mission of enabling women entrepreneurs to access formal-economy opportunities, including in emerging markets.
• yGAP: Australia-headquartered impact accelerator supporting early-stage social enterprises in emerging markets, including Cambodia. yGAP runs accelerator/incubator programs structurally similar to SHE's Incubator and Growth Accelerator and is explicitly listed as one of SHE's strategic partners, indicating direct programmatic overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCtJykmKN8dnFDg3QNcp7L7w
• Facebookfacebook.com/sheinvestments
• LinkedInlinkedin.com/company/she-investments
• Instagraminstagram.com/sheinvestments

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SHE Investments