"The Office of Evaluation and Oversight (OVE) of the Inter-American Development Bank (IDB, or the Bank) conducted an impact evaluation to assess the effectiveness of the main types of programs through which IDB has supported small and medium-sized enterprises (SMEs) in Latin America and the Caribbean. It does not evaluate Bank projects directly or compare executing agencies, models of interventions or financial instruments, but rather examines the effectiveness of Bank-supported approaches implemented by Brazilian institutions. Focusing only on the manufacturing sector, the evaluation examines how these interventions affect firm-level outcomes such as employment, real wages, exports, and patent and trademark registration. The overarching objective of this exercise is to provide insight for future strategic decisions regarding the targeting of Bank support to SMEs."

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