This report provides a data-driven situational analysis of the Entrepreneurship Support Organization (ESO) landscape across Costa Rica, El Salvador, Guatemala, Honduras, and Panama. Based on original data from 75 organizations, it reveals an ecosystem anchored in experience but under strain due to chronic financial precarity and fragmented coordination. While ESOs achieve strong programmatic results, a critical gap remains in connecting early-stage ventures to growth capital.
This report provides a comprehensive situational analysis of Colombia's Entrepreneur Support Organization (ESO) ecosystem. Based on data from 36 organizations, it uncovers a seasoned and inclusive landscape anchored by a strong non-profit backbone. However, it also reveals a "scaling cliff" where support evaporates as ventures mature and a significant gap between programmatic success and access to growth capital.
This report presents a comprehensive overview of the Entrepreneur Support Organization (ESO) landscape in Mexico. Developed in collaboration with Bridge for Billions and ANDE, it explores key challenges, opportunities, and trends shaping the entrepreneurial ecosystem in the country.
The ANDE Asia Annual Report 2025 highlights a year of collaboration, learning, and action across the region’s small and growing business (SGB) ecosystem. Amid evolving markets and increasing expectations around impact, inclusion, and climate outcomes, ANDE and its members continued to strengthen entrepreneurial ecosystems through practical capacity building, innovative programs, and strategic partnerships.
From flagship trainings like Investment Manager Training and SCALE 360 to member showcases, research dissemination, Access and Opportunity Learning Lab, and Climate and Environment Learning Lab, the report captures key milestones, member voices, and regional insights that shaped 2025. It also reflects on the collective progress made by ecosystem builders, investors, and partners working together to unlock capital, scale solutions, and drive inclusive economic growth—while setting the stage for deeper collaboration and impact in 2026.
The adoption of Environmental, Social and Governance (ESG) standards is relevant not only because investors are more inclined to consider them in their investment decisions but also due to their potential positive impact on sustainable development. While ESG implementation is still mostly voluntary, governments around the world are increasingly integrating these standards into their legal frameworks. Thus, understanding how the law supports ESG adoption becomes essential. However, the law alone is not sufficient to ensure that companies apply these standards. Investment is also needed to guarantee that the impact of ESG practices is long-lasting. In this paper we present our findings on how legal frameworks of 10 countries support ESG standards implementation, and what funding alternatives are available, particularly to small and medium enterprises (SMEs).
A new report, Just Climate Transitions in Bangladesh: Accelerating Multistakeholder Action in Textile and Apparel and Construction Industries, examines how Bangladesh can pursue low-carbon growth while protecting workers and sustaining competitiveness.
Bangladesh’s economy expanded 24-fold between 1980 and 2023, while GHG emissions rose 176%. The textile, apparel, and construction sectors—representing 74% of industrial GDP, 80% of the industrial workforce, and around half of industrial emissions—sit at the center of a just transition challenge.
Developed with support from the H&M Foundation and Laudes Foundation, and informed by 100+ local and international stakeholders, the report identifies seven interlinked priorities and calls for coordinated action across industry, workers’ organizations, policymakers, development actors, finance, and philanthropy.
This report provides an overview of the 2025 Inaugural Pan Africa Conference, hosted by the Aspen Network of Development Entrepreneurs (ANDE), held in Dakar, Senegal, from February 11–13.
Women leaders have shown promise in improving business performance. A survey by the International Labour Organisation (ILO) in 2019 – covering shopkeeping, sales or trade activities, manufacturing, construction, education, financial/insurance activities, and other economic services – observed that when enterprises have a gender-inclusive business culture and policies, they experienced 63 per cent increase in business productivity and profitability. Additionally, 60 per cent enhancement in the ability to attract and retain talent and a 59 per cent improvement in creativity, innovation and openness (ILO 2019).
Furthermore, globally, funders and investors are increasingly attracted to ethical and gender-inclusive funding, recognising its dual benefits to business and society. With a gender-smart approach, you can seize the opportunity to access the pool of funding by showcasing its tangible impact on gender-related outcomes, effectively aligning its initiatives with the evolving priorities of the investment landscape. Thus, by breaking down gender barriers, you can access diverse skills and expertise, strengthening your workforce and overall competitiveness.
Vietnam’s private capital market is entering a new phase of maturity, driven by strong macro fundamentals, digital acceleration, and investor optimism.
The Vietnam Innovation and Private Capital Report 2025, co-authored by Vietnam Private Capital Agency, National Innovation Center, and BCG, provides a comprehensive look at the trends shaping venture capital and private equity across one of Southeast Asia’s most dynamic economies.
Despite a global capital slowdown, Vietnam attracted $2.3B across 141 deals in 2024, signaling sustained investor confidence. The report explores key sectors including AI, energy, healthcare and education, and the impact of national reforms such as Resolution 57 on innovation and sustainability. With rising digital adoption, a growing middle class, and targeted government support, Vietnam offers compelling opportunities for investors and business leaders seeking long-term growth in the region.
This report draws on the extensive experience of Elevar Equity, which has helped in conceiving the concept of Entrepreneurial Households (EHs). While observing underserved and under-appreciated households and working with approximately 50 companies, Elevar Equity identified the EH archetype. These households exhibit an enterprise-like economic model, combining multiple income sources into significant cash outflows, impacting both long and short-term prosperity. This report was commissioned to validate over a decade’s worth of ground up observations. The Range Analysis of CTV Estimates was specifically undertaken to allow for some sensitivity analysis, given multiple variables involved in this market sizing estimate. We expect this to evolve over time as richer data sources emerge. Irrespective of the exact numbers, the focus of this report is on the commercial readiness of this market from a business and investment standpoint. praxisga.com A distinctive feature of EHs is their substantial Household Transaction Value (HTV), which better represents their economic vitality, compared to mere income levels. This vitality is also evident in their asset ownership patterns and aspirations, particularly in their substantial investment in High Priority Goods and Services (HPGS) like education, healthcare, financial services, housing, and business activities.
