SMEs form a dominant share of the private sector in developing countries, and account for more than 50
percent of jobs in their respective economies. Besides their positive employment effects, the growth and
vibrancy of these firms is also important for broader economic growth, diversification of economic base
and as a source of innovation that is exhibited by some of the start-ups. Women-owned SMEs are
emerging as one of the fast growing segments within the SME sector. Youth play an important role in the
creation of new firms and start up activities. Given this importance of SMEs for creation of more, better
and inclusive jobs, there is significant focus on understanding the constraints to growth of this sector and
implementing programs to address them in the World Bank Group and the other development
institutions. Among the several constraints that they face, access to finance is usually cited as the most
important and there are several instruments that can be applied to address this constraint. However, what
is the evidence of impact of these programs on the employment effects? This note brings together the
learnings and evidence from access to finance interventions on employment and provides some
recommendations for development practitioners who seek to maximize this objective from their access
to finance interventions.
This article examines the differences and features displayed by business angels (BAs), depending on the extent of their involvement with, and support for, the start-ups they finance measured by expertise, experience and contacts. With a sample of 293 Spanish BAs, using data obtained from the Global Entrepreneurship Monitor (GEM) survey, our results indicate that investors who develop more rigorous screening processes in the pre-investment process and hold regular meetings with founder teams are more likely to become High Value-Added Business Angels (HVBAs). Accordingly, the ability of BAs to transfer so-called ‘smart capital’ is conditioned by the levels of screening and assessment applied at the pre-investment stage in terms of both the quality of projects and founder teams and the extent to which the expectations and profiles of the two parties match.
"There is no silver bullet to ending poverty, but ANDE members represent important pieces of larger solutions, and we’re excited to keep growing. We now have over 280 organizations in our network. In 2017, we launched a new chapter in East and Southeast Asia. Since then, we’ve launched an Andean chapter and a new Central America office in Guatemala. We are excited to support more direct growth in the countries where our members work. I’m happy to share that our newest report explores global trends at a regional level to reflect this increasing breadth and depth of our chapters."
"Esta publicação tem como objetivo relatar as experiências, os desafios e os casos de sucesso do Piloto Juventude Empreendedora, iniciativa do CIEDS, em parceria com a Fundação Itaú Social, que desenvolveu uma metodologia de educação empreendedora para estudantes de escolas públicas, de 14 a 21 anos, residentes em favelas da região metropolitana do Rio de Janeiro, ao longo do ano de 2017."
"Este relatório busca demonstrar quanto os negócios sociais efetivamente endereçam a desigualdade de gênero e o empoderamento feminino no Brasil. O relatório explora os pontos fortes e as fraquezas do negócio social enquanto mecanismo para o empoderamento de mulheres e contempla as diferentes maneiras em que está aplicado para tanto. Também é examinada a ideia que o negócio social, enquanto modelo de negócios, possa promover o empoderamento feminino mesmo que este não seja seu objetivo específico."
"O Guia Prático busca tratar sobre os principais conceitos acerca da avaliação de impacto social, mostrar a importancia e o passo a passo da mesma."
"The business case for gender equality is compelling. It is also widely underutilized. The most commonly cited evidence of the business case highlights two points: first, gender equality strengthens national economies, and, second, investing in women in senior leadership strengthens companies in which they work. While both are essential to making the business case, neither represents the full scope of benefits that can be derived from closing gaps between men and women in the private sector."
"We evaluate a technology entrepreneurship training program by comparing career decisions among applicants accepted into the program with unaccepted applicants who are program finalists. We find that program participation is associated with an increased likelihood of subsequent entrepreneurship but that this is not uniform across participants; the estimated relationship between program participation and subsequent entrepreneurial activity is disproportionately lower for applicants with ex-ante resources and capabilities in entrepreneurship, measured by prior entrepreneurship experience. Moreover, we only observe this reduced impact of the program on subsequent entrepreneurial activity for participants that have prior experience in founding a technology company as opposed to other forms of entrepreneurial activity. This suggests the program is more effective for individuals that have otherwise limited access to technology entrepreneurship opportunities."
"Are women less likely to ask for help financing their businesses? This study investigates whether gender is a factor that impacts the propensity to ask for financing among nascent entrepreneurs. We also investigate if start-up helpers, who do not have an ownership share, have an impact on the likelihood of asking for financing, specifically between men and women. Our findings suggest that being female significantly decreases the probability of asking for financing and the presence of start-up helpers significantly increases the incidence of asking for financing in the nascent stage. In addition, among those who created new firms or were still in the start-up process, the number of start-up helpers exponentially increased the incidence of asking for financing among female founders. We use the Panel Study of Entrepreneurial Dynamics II data, the largest, nationally representative, and longitudinal database on nascent entrepreneurs for the United States."
"This report unpacks why women's entrepreneurship is good for business and is essential for economic growth. Small to medium-sized enterprises (SMEs) are a key driver of economic growth, and women-owned enterprises account for approximately 30-37 percent (8-10 million) of all SMEs in emerging markets. As such, women are the fastest-growing market segment, they start businesses at a higher rate than men, and it is expected that they will create approximately 50 percent of new small business jobs by 2018. In developing economies, SMEs are increasingly important, as they contribute to nearly half of the labor force."