Jim Chu (entrepreneur)

Jim Chu is a Silicon Valley entrepreneur, philanthropist and angel investor focusing on business sustainability in developing markets. Chu has invested in and launched startups in the US, Sub Saharan Africa[1], and Haiti.

Jim Chu
NationalityAmerican
EducationStanford University
OccupationEntrepreneur, Founder and CEO of Untapped

Chu’s first venture in international development was in Haiti in 2010 after the country’s earthquake that same year.

Later in 2012, Chu partnered with the International Finance Corporation (IFC), the private investment arm of the World Bank to launch dloHaiti a private company providing safe, affordable drinking water to underserved communities across Haiti. The social impact company has so far provided safe water to over 150,000 Haitians. [2]

Jim Chu is currently the CEO of Untapped, a private company promoting entrepreneurship with technology and financial solutions in developing markets. Chu’s current efforts under Untapped cover Sub Saharan Africa and the Caribbean. [3]

dloHaiti

Jim has been actively working in Haiti since early 2010 and until July 2012 was a volunteer at LifeGivingForce (LGF), a public charity deploying donor-funded private-public water kiosks in urban and rural Haiti. He was heavily involved in technical designs, operational deployments, field training, and market assessments for LGF’s water kiosk installations.

In 2012 he launched dloHaiti, a water kiosk venture in Haiti that is building a network of wells serviced by solar-powered kiosks and equipped with hi-tech purification systems and information technology.[4] dloHaiti is led by a team of Haitian and Silicon Valley entrepreneurs with previous water experience in Haiti, and is backed by several prominent international investors, including Leopard Capital's Leopard Haiti Fund, the International Finance Corporation's InfraVentures Fund, the Netherlands Development Finance Company (FMO), and Miyamoto International.[5]

References

  1. "African startups have secured more than $135k in funding commitments via a remote "Shark Tank"". Disrupt Africa. 14 May 2020.
  2. "Haiti: Access to Safe Water for Underserved Communities". www.ifc.org. Retrieved 2020-06-26.
  3. "Untapped: Access to Safe Water for the Next Billion". Untapped: Access to Safe Water for the Next Billion. Retrieved 2020-06-26.
  4. "IFC Helps DloHaiti Provide Access to Safe Water for Underserved Haitian Communities". International Finance Corporation. Retrieved May 29, 2013.
  5. "Leopard Haiti Fund". Leopard Capital LP. Archived from the original on September 23, 2013. Retrieved May 30, 2013.
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