"Small businesses significantly contribute to the economic development of a country. From purchasing groceries on an app to enabling new modes of learning, small businesses, especially start-ups, are transforming India into a technology-driven nation. This handbook is an endeavour to provide insight on several models that could be explored to set up a fund to promote start-ups, contributions to which would qualify as CSR spend under the Section 135 of the Companies Act, 2013."
"The vast majority of micro and small enterprises (MSEs) in developing countries are located in industrial clusters, and the majority of such clusters have yet to see their growth take off. The performance of MSE clusters is especially low in Sub-Saharan Africa. While existing studies often attribute the poor performance to factors outside firms, problems within firms are seldom scrutinized. In fact, entrepreneurs in these clusters are unfamiliar with standard business practices. Based on a randomized experiment in Ghana, this study demonstrates that basic-level management training improves business practices and performance."
"Firm productivity is low in African countries, prompting governments to try a number of active policies to improve it. Yet despite the millions of dollars spent on these policies, we are far from a situation where we know whether many of them are yielding the desired payoffs. This paper establishes some basic facts about the number and heterogeneity of firms in different sub-Saharan African countries and discusses their implications for experimental and structural approaches towards trying to estimate firm policy impacts. It shows that the typical firm program such as a matching grant scheme or business training program involves only 100 to 300 firms, which are often very heterogeneous in terms of employment and sales levels. As a result, standard experimental designs will lack any power to detect reasonable sized treatment impacts, while structural models which assume common production technologies and few missing markets will be ill-suited to capture the key constraints firms face. Nevertheless, the author suggests a way forward which involves focusing on a more homogeneous sub-sample of firms and collecting a lot more data on them than is typically collected."
"The international community is focusing ever-greater attention on green and inclusive business (GIB) models. But, while their relevance for solving social and environmental solutions is increasingly accepted, the question of how to support GIB models in development cooperation programmes is less clear. This Green and Inclusive Business Toolbox attempts to provide some options to tackle this issue. This toolbox defines green and inclusive business (GIB) models and describes the major challenges and opportunities GIBs face. It contains various examples of best practices regarding approaches from GIZ projects that work in the field of promoting green and inclusive businesses. The Green and Inclusive Business Toolbox aims to provide planning officers, project leaders and staff involved in private sector development and other sector projects with a set of tried-and-tested tools."
"This guide is aimed at helping companies interested in developing business relationships with smallholders. It provides a framework that identi!es common challenges, highlights solutions and shows how these can be implemented through cooperation at different levels. In this way, the guide aims to support company representatives engaging in inclusive agribusiness practices with practical tools and a comprehensive overview of potential solutions and collaborative approaches. Practitioners from development agencies, non-governmental organisations (NGOs), intermediaries and other organisations working to develop and support inclusive agribusiness will also find useful insights here.
The guide can also prove useful for those in related businesses. Agribusiness companies that own land and lease it to smallholders, or which themselves farm the land of smallholders, can also learn about core challenges, organisational models and options for strategic action. Companies offering services to smallholders, including financial, advisory, information or communication services can use the guide to identify how their offers complement other business models."
"This report identifies challenges and success factors for small, micro and medium businesses (SMME) in South Africa that use an inclusive business approach. It provides policy recommendations on how to support SMME spread their potential to tackle social and environmental problems in South Africa."
"This report, "Growing Impact" follows IFC’s first assessment of the global market for impact investing and investor practices, "Creating Impact", published in April 2019. In this new report we explore more deeply the size and makeup of the impact investing market and analyze the practices of impact investors, drawing on data from a survey of the signatories to the Operating Principles and a set of 32 signatory case studies. The case studies illustrate how we are creating a powerful market force by embracing a shared vision and approach."
"A common concern with efforts to directly help some small businesses to grow is that their growth comes at the expense of their unassisted competitors. This study tests this possibility using a two-stage randomized experiment in Kenya. The experiment randomizes business training at the market level, and then within markets to selected businesses. Three years after training, the treated businesses are selling more, earn higher profits, and their owners have higher well-being.
There is no evidence of negative spillovers on the competing businesses, and the markets as a whole appear to have grown in terms of number of customers and sales volumes. This market growth appears to come from enhanced customer service and new product introduction, generating more customers and more sales from existing customers. As a result, business growth in underdeveloped markets is possible without taking sales away from non-treated businesses."
"In developing this paper, we conducted almost sixty interviews with thought leaders and active practitioners from a variety of organizations: investors, capacity development providers, corporations, researchers, network leaders, development finance institutions. In addition, we canvassed the growing body of literature in the field and leveraged our own experience in the sector.
Throughout the paper, and in a dedicated section at the end, we identify a number of prime areas that represent opportunities for the sector. While these are important opportunities, our list is not exhaustive. Indeed, this sector is still quite young – opportunity abounds for those interested in supporting SGBs in the challenging context of developing world markets."
"The literature review provided in this document attempts to provide an overview of what we know about the impact of growth entrepreneurship, why and how high growth firms emerge, and the policy instruments that enable new ventures to emerge and grow. This literature review constitutes a background paper to be used as an input to formulate research questions and the research design for the upcoming study on growth entrepreneurship."
