"This report provides an analysis of the impacts of COVID-19 on Nigeria by first providing an overview of the global situation and Nigerian context, including the response to-date, then by estimating and describing the potential economic impact of COVID-19 on the broader economy and by sector, with a focus on MSMEs. Finally, the report identifies four categories of actions to support the economic recovery: the usual suspects, the unusual suspects, short-term actions, and medium-term actions."

"Impact-oriented accelerators, a relatively new type of entrepreneur support program, are proliferating as practitioners, philanthropic funders, and investors work to unlock the full potential of entrepreneurship-led economic development. These accelerators aspire to support entrepreneurs, in large part by driving investment into promising ventures that work in marginalized sectors and regions around the world. Given the opportunity costs of the human, organizational, and financial resources required to run accelerators, it is important to determine whether they are having this intended impact. To assess the effect of acceleration on outside equity investment, we analyze application and follow-up data from a matched sample of 1647 entrepreneurs who applied to 77 impact-oriented accelerators. Our main finding is promising. In the first follow-up year, accelerator program participants attract significantly more outside equity than their rejected counterparts. Further analysis suggests that this positive equity bump is not due to cherry picking obviously promising ventures during selection processes. Moreover, the effect is tied to the number of accelerated months in the follow-up year. Despite these promising observations, we find that the equity investment effect does not extend to ventures working in emerging markets, or to those with women on their founding teams. Thus, the benefits of accelerators for entrepreneurship-led development are not yet reaching the places and people that have the hardest time attracting capital on their own. We conclude the paper by outlining the challenges associated with extending the positive effects of acceleration into entrepreneurial domains that are most challenging from an economic development perspective."

"While the world has made huge economic gains over the past 50 years, this progress has been highly uneven. This is particularly acute in the agriculture sector, with many of the 500 million smallholder farmers around the world living on meager incomes and facing high levels of economic insecurity.

Despite some recent innovations and advances in including smallholders as market players, there have been few cases where truly widespread, market-level, transformative change towards inclusion has been achieved.

In this report, we explore the role of different kinds of capital in bending the arc of agricultural market development towards inclusive growth. We pay particular attention to how impact-focused players deploying capital that is flexible in terms of risk-return expectations can best deploy it in order to catalyze large-scale transformations towards inclusion."

"This introductory guide is aimed at entrepreneurs and investors who are new to the process of negotiating term sheets. It is not meant to provide legal advice; instead, it is designed to provide examples of certain common provisions that are not always easy to grasp.

This guide is a thorough summary of the options for setting up a business in Mexico including the governance clauses and the differences between legal structures. It covers third party investments to raise capitals, and explains the concepts of impact investment, capital instruments and key economic terms."

"This is a living document that aggregates crowd-sourced tips and factors to consider when conducting remote surveys (in particular phone surveys) while practicing social distancing. We will be updating this page regularly. Many thanks to those who have contributed to this collection thus far."

"The first part of this guide, “Barriers to Female Entrepreneurship in Latin America”, provides a foundation by outlining the challenges that women entrepreneurs face in Latin America and how their attitudes, motivations, and entrepreneurial setup and outcomes differ from men.

The second part of the guide, “Gender Lens Acceleration”, explores the differences between women and men entrepreneurs in acceleration, and the challenges women entrepreneurs face in accessing acceleration support. A gender lens is then applied to the acceleration process, covering program set-up and design, promotion, scouting and application, selection of participants, and program delivery. Each phase of the process is broken down into an overview of how gender manifests, and recommendations and best practices that accelerators can apply to make their programs’ processes gender inclusive. The guide ends with gender lens measurement in acceleration."

"Let’s be honest here: Entrepreneurs will need financing to get through this economic downturn. However, most of the investors that we’ve asked said that due diligence has been slowed either due to travel restrictions, their focus on supporting their existing portfolio of entrepreneurs, or those which already had term sheets in place. So where is this financing going to come from?

Our perspective for this article is the investor side of the conversation. What are angel investors thinking about during this global crisis: Is now the perfect opportunity to invest? Is it a time to hold on to your cash and hide it under the bed?It can make sense to halt making any investments all together – and focus on supporting the existing portfolio – given that most angels invest out of pocket. However, this could be an uncommon opportunity to make investments which could generate very good returns..."

"There is significant evidence that women entrepreneurs face unique challenges in starting and growing businesses, particularly in emerging markets. Acceleration programs represent one potential model for overcoming these challenges through support services and investment. Using GALI data on more than 14,000 ventures across 160 countries, this knowledge brief examines trends in the acceleration of women-led ventures."

"In recent years, there has been growing interest and funding dedicated to technical assistance (TA) designed to strengthen the commercial and development impact of businesses in developing markets. However, relatively little is known about the nature and effectiveness of these initiatives. To help address that knowledge gap, this paper focuses on efforts by development finance institutions (DFIs) to provide technical assistance to agribusinesses, which—while comprising only a small share of overall DFI investment portfolios—receive 30% of all TA."

"Recent years have seen the emergence of a new institutional form in the entrepreneurial ecosystem: the seed accelerator. These fixed-term, cohort-based “boot camps” for start-ups offer educational and mentorship programs for start-up founders, exposing them to a wide variety of mentors, including former entrepreneurs, venture capitalists (VCs), angel investors, and corporate executives, and culminate in a public pitch event, or “demo day,” during which the graduating cohort of start-up companies pitch their businesses to a large group of potential investors. In practice, accelerator programs are a combination of previously distinct services or functions that were each individually costly for an entrepreneur to find and obtain. The accelerator approach has been widely adopted by private groups, public and government efforts, and by corporations. While proliferation of accelerators is clearly evident, with worldwide estimates of 3000+ programs in existence, research on the role and efficacy of these programs has been limited. In this article, I provide an introduction to the accelerator model and summarize recent evidence on its effects on the regional entrepreneurial environment."