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Stakeholders advocate bespoke intervention schemes for MSMEs
According to the stakeholders, MSMEs are the first responders to societal needs and are responsible for significant employment and income generation opportunities across the world even as they have been identified as a major driver of poverty alleviation and development.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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New Partnership Established to Boost Entrepreneurship in Southeast Asia
The Aspen Network of Development Entrepreneurs (ANDE), the Department of Foreign Affairs and Trade, Australia (DFAT), and The Rockefeller Foundation announced a new partnership today that will aim to foster more inclusive, self-sustaining economies through entrepreneurship in East and Southeast Asia.
- Categories
- Entrepreneurship, Investing
- Region
- Asia Pacific
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The Distributed Economy: Four Ways Blockchain Can Transform MSMEs in Emerging Markets
Micro, small and medium enterprises are the largest employers in many developing countries, but their growth is limited by a lack of access to savings, insurance, credit equity and payments services. Traditional companies aren't stepping up to solve the problem, but blockchain can help. Here are four ways this new type of data application can further MSME growth.
- Categories
- Entrepreneurship, Technology
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Does Automation Eliminate Bias From Small-Business Lending?
Problem: Though women own a third of U.S. small businesses, they get less than 20% of the loans made through the bank-centric, federally backed system that distributes a lot of credit to such firms.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Seattle Accelerator Capria Boosts Fund Managers in Emerging Nations
A housecleaner-on-demand service in Cape Town, South Africa, has created 400 jobs and plans to keep growing across the African continent. A young gourmet tea business in Johannesburg is bringing high-end drinks to customers while supporting small, local farmers.
- Categories
- Entrepreneurship, Investing
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White House: U.S. to Support $10 Million in Loans to Myanmar Small Businesses
At the invitation of President Barack Obama, Daw Aung San Suu Kyi, State Counsellor of the Republic of the Union of Myanmar, is on an official visit to Washington, D.C. in September 2016. During the visit, State Counsellor Daw Aung San Suu Kyi and President Obama held a meeting on September 14 in the White House and adopted this joint statement.
- Categories
- Uncategorized
- Region
- South Asia
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Getting Silicon Valley Behind Development: First, change its attitudes
Silicon Valley has become the global center for entrepreneurship because it has developed the assets, networks and cultural values necessary to promote risk-taking and innovation. The Valley has an incredibly productive and self-reinforcing entrepreneurial ecosystem. Such a system may well be impossible to fully replicate in other places — especially in less wealthy, emerging market regions. However, entrepreneurial talent and passion can be found everywhere.
- Categories
- Entrepreneurship
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USAID to Support 1,500 Social Entrepreneurs in Uganda
As many as 1,500 social entrepreneurs in Uganda will this year receive training, coaching and mentoring, thanks to a partnership between U.S. Agency for International Development (USAID) and Foundation Uganda Ltd, a social enterprise support system.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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