Knowledge Hub
Critical insights and guidance for the SGB sector.

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"Este reporte examina el desempeño de empresas en etapa temprana que se postulan a programas de aceleración, utilizando varias métricas de
crecimiento antes, durante y después de la aceleración. Con base en una muestra única de 2,599 empresas que solicitaron ingreso a 212 programas de
aceleración, comparamos las trayectorias de aquellas que participaron en estos programas y las que no, con el fin de aprender más acerca de los cambios en ingresos y financiamiento a lo largo del tiempo. También comparamos resultados entre los programas y sintetizamos las perspectivas
obtenidas de entrevistas con emprendedores(as) de alto desempeño y gerentes de los programas de aceleración, para entender cómo la aceleración puede impulsar el desarrollo de las empresas a largo plazo."

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"Durante los últimos cinco años, GALI ha recopilado datos en todo el mundo sobre las aceleradoras y sobre las empresas que buscan contar con su apoyo, con un particular enfoque en las aceleradoras que operan en las economías de los países en desarrollo. Mediante el análisis de estos datos y entrevistando a múltiples personas sobre sus experiencias con la aceleración, el proyecto ha logrado editar más de 30 publicaciones sobre temas
que incluyen la eficacia de la aceleración, el papel que juega el género en el desempeño de las personas que fundan una empresa emergente (startup), la aceleración en las diversas regiones, las fuentes de financiamiento de las aceleradoras y muchos otros temas más. Este reporte es una síntesis de los hallazgos que sobresalen de esta investigación e incluye conocimiento práctico para las gerencias de los programas de aceleración, emprendedores(as), fundadores(as), inversionistas y otras partes interesadas que apoyan y colaboran con las aceleradoras a nivel mundial."

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"This report examines the performance of early-stage ventures applying to accelerator programs using various growth metrics before, during, and after acceleration. Based on a unique sample of 2,599 ventures applying to 212 accelerator programs, we compare the trajectories of those that ultimately did and did not participate in these programs to learn more about changes in revenue and financing over time. We also compare outcomes across programs and synthesize insights from interviews with high-performing entrepreneurs and accelerator program managers to understand how acceleration can drive longer-term venture development."

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"While studies have found that acceleration does, in the aggregate, have a positive effect on new venture growth, further investigation has shown that there is significant unmet need for financial capital, particularly in developing economies. Little investigation has been done on how accelerators (particularly those that do not invest in their ventures directly) make connections with finance providers and whether these efforts are effective. The Global Accelerator Learning Initiative (GALI), a partnership between the Aspen Network of Development Entrepreneurs (ANDE) and Emory University, was created to explore questions such as these. Between 2013 – 2020, GALI partnered with dozens of accelerator programs to collect detailed data from entrepreneurs who applied to their respective application processes. These entrepreneurs, including those not selected into a program, were then resurveyed annually to gather valuable follow-up data about the status of their ventures over time. This knowledge brief explores GALI data from Central American startups, as well as qualitative insights from accelerators and finance providers."

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"Nos últimos cinco anos, a GALI tem coletado dados sobre aceleradoras ao redor do mundo e empreendedores que buscam seus apoios, com foco especial em aceleradoras operando em economias em desenvolvimento. Ao analisar esses dados e entrevistar dezenas de indivíduos sobre suas experiências com aceleradoras, o projeto conseguiu divulgar mais de 30 publicações sobre assuntos incluindo a eficácia das aceleradoras, o papel do
gênero no desempenho dos fundadores de startups, a aceleração em diferentes regiões, fontes de financiamento de aceleradoras, entre outros. Esse relatório serve como uma síntese das descobertas mais importantes dessa pesquisa, com contribuições práticas para gestores dos programas de aceleração, empreendedores, fundadores, investidores e outros stakeholders que apoiam e estão engajados com aceleradoras ao redor do mundo."

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"Si bien la literatura existente ha encontrado que los programas de aceleración tienen un efecto positivo en el crecimiento de nuevas empresas, investigaciones recientes han mostrado que aún hay una demanda significativa de capital financiero, particularmente en economías en desarrollo. Existen pocos estudios enfocados a cómo las aceleradoras (especialmente las que no invierten directamente en sus empresas) conectan con proveedores de financiamiento y qué tan efectivos resultan estos esfuerzos. La Iniciativa Global de Aprendizaje en Aceleración (GALI, por sus siglas en inglés), una colaboración entre la Red Aspen de Emprendedores para el Desarrollo (ANDE por sus siglas en inglés) y la Universidad Emory, fue creada para explorar preguntas como ésta. Entre 2013 y 2020, GALI ha colaborado con docenas de programas de aceleración para recolectar información detallada de las y los emprendedores que solicitaron ingreso a sus respectivos programas. Posteriormente, estos(as) emprendedores(as) (incluyendo quienes no fueron seleccionados para un programa de aceleración) fueron encuestados cada año para obtener datos valiosos sobre el desarrollo de sus negocios a lo largo de tiempo. Este informe explora y presenta la información de GALI para emprendimientos centroamericanos"

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"A large portion of economic activity in low- and middle-income countries (LMICs) is driven by (micro)entrepreneurs, who face significant challenges in starting and running profitable businesses. More than half of workers in low- and lower middle-income countries run their own business, against around 10 percent in high-income countries (ILO, 2019). Around a third of these entrepreneurs are driven by necessity (e.g., running their own business as a means of providing a subsistence income), rather than opportunity (e.g., hoping to build a business that grows beyond the scope of subsistence needs). Well-documented barriers facing LMIC entrepreneurs include weak education systems that hamper human capital development, limited access to finance, poor infrastructure and information access, and weak institutions. Policy interventions have sought to respond to these challenges with often inconclusive or underwhelming results.

Insights from behavioral science can help us better understand how the complexities of the human decision-making process impact LMIC entrepreneurs and the policies aimed at supporting them. Behavioral science recognizes that people’s behavior does not only depend on internal drivers (personality, preferences) and external drivers (information, incentives, regulations), but also on the decision-making process itself, which is influenced by available mental resources, automatic thinking, social norms and relationships, and mental models. While these influences impact everyone, their importance is exacerbated by challenging living conditions, making them potentially more influential for individuals living in LMICs. The majority of entrepreneurship research and programming continues to focus on building capital and business skills, but adding a systematic focus on behavioral influences shows a broad range of potential barriers that might interfere with an entrepreneur’s decision-making process (Figure A). A deeper understanding of entrepreneurs’ decision-making context can help practitioners improve both their diagnosis of the obstacles facing entrepreneurs and the design of entrepreneurship-related policies and interventions."

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"This report was commissioned as a product of the working partnership between Root Capital and Value for Women, with the support of the Aspen Network for Development Entrepreneurs and the International Development Research Center. The main objective of this partnership is to build evidence around innovations for gender inclusion within small- and medium-sized agricultural enterprises globally."

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"Entrepreneurs in developing economies are vital to addressing climate change and promoting sustainable and resilient development. Developing countries will experience some of the worst climate impacts. and they also hold enormous potential for encouraging mitigation and adaptation on local and regional levels. Yet, entrepreneurs in developing economies face distinct challenges and barriers when it comes to addressing climate change. This report is intended to serve as an overview of the current literature on the intersection of entrepreneurs and climate action, as well as a call to action."

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"This document is a strategic guidebook developed by Argidius Foundation and Dalberg Advisors to support business development services (BDS) providers to successfully adopt digital practices and tools. It explores current practices and opportunities across the landscape to guide BDS providers in using digital technologies to provide services to entrepreneurs in an effective and inclusive way."

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"For the past five years, GALI has been collecting data on accelerators around the world and the entrepreneurs who seek their support, with a particular focus on accelerators operating in developing economies. By analyzing these data and interviewing dozens of individuals about their experiences with acceleration, the project has been able to release over 30 publications on acceleration and early-stage entrepreneurship. This report serves as a synthesis of the most salient findings from this research, with actionable insights for accelerator program managers, entrepreneurs, funders, investors, and other stakeholders who support and engage accelerators around the world."

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"Este documento é um guia estratégico desenvolvido pela Argidius Foundation e Dalberg Advisors para apoiar organizações de apoio a empreendedores (Business Development Services ou BDS na sigla em ingês) para a adoção efetiva de práticas e ferramentas digitais. O guia explora as práticas e oportunidades atuais em todo o setor para orientar organizações de apoio a empreendedores sobre o uso de tecnologias digitais para prestar serviços aos empreendedores de forma eficaz e inclusiva."

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