"The review aims primarily to synthesize the evidence on the effects of vocational and business training programmes that aim to improve women's labour market outcomes. It also seeks to improve understanding of the barriers to and facilitators of vocational and business training effectiveness for women. This systematic review by Chinen and colleagues examined the effects on employment, income, sales, and profits. They find that vocational and business training, on average, leads to minor improvements in women's economic well-being. Differences in the programmes' effectiveness suggest that having a gender focus leads to larger impacts on women. The authors conclude that skill-building programmes may be effective when carefully designed with local gender norms in mind."
"This case explores the evolution of the cross-sector relationship between Wal-Mart Stores, Inc., Walmart Foundation and the U.S. Agency for International Development (USAID) from 2000-2015. It focuses on partnerships that sought to build the capacity of smallholder farmers in the developing world. The case explores the ways in which this collaboration came about, how it was supported by the partners, and the level of success achieved as measured by the Wal-Mart Stores, Inc., Walmart Foundation, and USAID.
After reading and discussing the material, students should: understand the opportunities and challenges inherent in bridging public and private goals in the context of a partnership between a multinational company and a large development agency; understand different types of partnerships and how they can deliver different types of value to the partners; and understand how internal structure, cross-organizational interaction and resource flow, and shifting strategic objectives can influence partnership development and success."
"High-growth entrepreneurship has been demonstrated to be a catalyst for high socio-economic impact influence. Although just 5% to 7% of all American businesses are high-impact, these businesses create most of the new jobs in the United States. Similarly, according to a 2012 Endeavor report, high-growth entrepreneurial companies annually generate 30 more jobs than the average comparable company. High-growth entrepreneurs create jobs, inspire existing and would-be entrepreneurs to invest in their communities, and contribute to their entrepreneurial ecosystems to generate new businesses. Though each entrepreneur and each company are different, all share one thing in common: their exceptional leadership, which allows them to realize their vision and transmit their passion to their teams, investors, and communities. In the Latin American and Caribbean region, little is known about high-growth entrepreneurs and even less is known about women whose companies achieve high growth: Who are they? How did they succeed in reaching this level of growth? What motivates them? What are their biggest challenges and ambitions? What do they need to keep their businesses growing? This report aims to collect information to get to know them better and to explore common aspects of women whose businesses have experienced high levels of growth (referred to as high-growth women entrepreneurs onwards in this report)."
"Business training programs are a popular policy option to improve the performance of enterprises around the world, and the number of rigorous impact evaluations of these programs is growing. A critical review reveals that many evaluations suffer from small sample sizes, measure impacts only within a year of training, and experience problems with survey attrition and measurement that limit the conclusions one can draw. Over these short time horizons, there are relatively modest effects of training on the survivorship of existing firms. However, there is stronger evidence that training programs help prospective owners launch new businesses more quickly. Most studies find that existing firm owners implement some of the practices taught in training, but the magnitudes of the improvement to practices is often modest. Few studies find significant impacts on profits or sales, although some studies with greater statistical power have done so. There is little evidence to guide policymakers regarding whether any identified effects are due to trained firms drawing sales from competing businesses rather than through productivity improvements or to guide the development of the provision of training at market prices. We conclude by summarizing some directions and key questions for future studies."
"This report by the Tony Elumelu Foundation focuses on the challenges and opportunities facing young agricultural entrepreneurs. It contains a comprehensive analysis of Africa's entrepreneurial ecosystem and discusses challenges and opportunities that African start-ups face along the agricultural value chain."
"Over the past several decades, U.S. venture capital (VC) firms have focused their attention and investment dollars in specialized regional hubs where high-tech entrepreneurship tends to flourish. As a result, "main street" businesses such as retail stores, consumer services, and other non-tech businesses typically find it incredibly difficult to secure equity funding. Yet, in recent years, crowdfunding (CF) has become a viable new source of funding for entrepreneurs. Using a longitudinal assessment of VC and CF at the national, regional, and sector levels in the USA, we demonstrate how the emergence of CF has unlocked new growth opportunities for main street entrepreneurs, particularly those located in underserviced funding regions. Likewise, we expose how CF augments national and regional funding patterns by re-allocating funding to industries that VCs typically do not fund. Lastly, we discuss the practical and theoretical implications of what appears to be a shifting venture funding regime, and shed light on CF's potential role in enhancing the resurgence of main street entrepreneurship across the USA."
"Over the course of twelve months in 2018, we worked on the ground with 15 entrepreneur support organizations (ESOs), interviewed more than 80 ESOs, and engaged more than 1,000 stakeholders, from entrepreneurs to investors to government leaders. We learned that the entrepreneur support sector in Africa has an opportunity for better communication and collaboration. ESOs are growing businesses - much like the startups they serve. We need to focus on resourcing and strengthening existing hubs, rather than creating new ones."
"Unlocking the Potential of Frontier Finance assesses key features of frontier finance impact investments and finds significant opportunity for making an impact in this sector. For impact investment in frontier finance to reach its full potential, investors require more clarity around the common features and performance of such transactions and strategies to address the challenges they face in the market. This research seeks to answer these questions by analyzing a database of 40 frontier finance transactions, 10 interviews, and a workshop discussion with 39 investors and other ecosystem players. Specifically, the report includes an overview of the frontier finance investment landscape, presents five in-depth case studies featuring frontier investment vehicles and transactions, and provides recommendations to build the market and overcome common challenges hindering the flow of additional capital into frontier markets."
"This paper provides a comprehensive assessment of the short-term impact of the COVID-19 pandemic on businesses worldwide with a focus on developing countries. The results are based on a novel data set collected by the World Bank Group and several partner institutions in 51 countries covering more than 100,000 businesses. The paper provides several stylized facts. First, the COVID-19 shock has been severe and widespread across firms, with persistent negative impact on sales. Second, the employment adjustment has operated mostly along the intensive margin (that is leave of absence and reduction in hours), with a small share of firms laying off workers. Third, smaller firms are disproportionately facing greater financial constraints. Fourth, firms are increasingly relying on digital solutions as a response to the shock. Fifth, there is great uncertainty about the future, especially among firms that have experienced a larger drop in sales, which is associated with job losses. These findings provide a better understanding of the magnitude and distribution of the shock, the main channels affecting businesses, and how firms are adjusting. The paper concludes by discussing some avenues for future research."
"The study was set in rural markets in Kenya with the objective of testing how the GET Ahead programme affects the profitability, growth and survival of female-owned businesses, and to evaluate whether any gains in profitability come at the expense of other business owners. A year-and-a-half after the training had taken place, a mentoring intervention was randomly assigned among trained women to test whether additional group-based and in-person support strengthens the impacts of training on intended outcomes."