The World Bank
As Publisher

"Entrepreneurs are key actors in the transformation of low-income societies characterized by low productivity and often subsistence self-employment into dynamic economies characterized by innovation and a rising number of well-remunerated workers. To the extent that causal links from entrepreneurship to productivity growth are at work, there is room for using policy levers to quicken the development process by improving the incentives and supportive institutions that facilitate innovation by entrepreneurs. These analytical and policy issues motivate this report, which explores the challenges faced by potential high-growth, transformational entrepreneurs in Latin America and the Caribbean (LAC)."

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"As part of its Agribusiness Innovation Program (AIP), infoDev designed an agribusiness incubation training program. To-date, the Agribusiness Incubation Training has been provided to a total of 149 people from 25 countries, including countries from Africa, Asia, Eastern Europe and Latin America. This report analyzes the effects of the delivery of this training. The agribusiness incubation training sessions took place as a one-day-training1 in the context of seven different events."

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"Timbali Technology Incubator in the Mpumalanga region of South Africa seeks to help rural farmers whose livelihood has been undercut by high-volume large farms. Supported by government financing and fee-based services, Timbali is largely based on a franchise model. Its clients supply cut flowers to Amablom,Timbali’s commercial arm. Individual clients can begin generating revenue almost immediately. Timbali helps clients both onsite and off, training them in business methods and helping them find loans to get started. It is helping clients expand intoother product lines and value-added food processing, and plans to export its model into other parts of South Africa."

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"The Uganda Industrial Research Institute (UIRI), a traditional incubator run by the government, has made a significant impact by locating value-added processing systems from its Kampala headquarters into farmer communities. While the model lacks the necessary innovation development, UIRI offers SME clients in these regions the opportunity to expand their personal income and their existing businesses through local market development and value-added food processing. At the same time, however, UIRI’straditional incubator has been challenged to graduate incubatees who do not have the financial resources to stand on their own."

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"The agribusiness incubator in the state of Andhra Pradesh in India is the result of a partnership between the Indian government and an international crop-research organization that is a member of CGIAR, a global partnership of organizations seeking a food-secure future. As the incubator has developed, it has become relatively independent of its founders, the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) and the Indian government’s Department of Science and Technology. From supporting small businesses that can bring new agricultural research and technology to market, ABI has become an incubator of incubators, and is now helping African incubators follow its model."

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"Villgro is a business incubator with a unique rural orientation. It concerns itself not only with the launch of new businesses but more generally with the transfer of new products, knowledge and services into rural space. Faced with the challenge of finding technologies that match rural requirements, Villgro has linked marketable product/service concepts from diverse sources with entrepreneurs who have start-up experience—so-called serial entrepreneurs. Other incubators may have difficulty imitating Villgro’s business model. The conditions for its development are unique, its management approaches are relatively untested and the values of its management team are deeply intertwined with perceptions of how the rural business system operates in India. However, other startup incubators can learn from Villgro the importance of getting management basics right before attempting to transform an entire agricultural sector. Good governance, transparency, accountability, building teams around highly capable employees and continuously enhancing their management skills are important no matter the strategic orientation of the emerging incubator."

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"A professor at Brazil’s prestigious Federal University of Viçosa saw a need on campus for an incubator to support technologically-oriented businesses, including agribusinesses. This resulted in the CENTEV Technology Incubator, which is partially funded by the university but which also receives state and private grants. Its function is to nurture entrepreneurs to develop viable technology based businesses by providing them with management assistance and augmenting their technical capabilities with expert academic advice. The incubator’s 24 graduates are still in business, with average revenues of $2.5 million a year."

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"After hearing of the success of Fundación Chile, the governor of the Mexican state of Jalisco sought to recreate the foundation locally. The result is Fundación Jalisco, which seeks to import successful business models to small farmers in Jalisco. For its first project, the Fundación imported high-yield blueberry plants from the United States, started a nursery, and gave the plants to local farmers who were capable of growing them successfully. The farmers deliver their berry harvest to the foundation, which packages and sells it throughout Mexico and overseas in the United States and the United Kingdom. The venture has been highly profitable for all concerned, and the foundation is now seeking to diversify into value-added products such as olive oil and cheese. The foundation relies on a combination of state funding and private investment."

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"This evaluation assesses the impact of International Finance Corporation's (IFC's) Business License Simplification Project in the municipality of Lima, Peru. It reviews two previous evaluations sponsored by IFC and adds new evidence. Under the project, IFC's Foreign Investment Advisory Services (FIAS) worked with the municipality of Lima to reform the administrative process for obtaining a business license in Cercado de Lima, one of 44 districts that comprise metropolitan Lima. According to the municipality, 64 percent of the businesses in this district lacked a business license in 2005, and most of them were microenterprises. The present evaluation conducted an independent review of previous studies, collected additional data, verified the previous findings, and placed the findings in the context of related studies and evaluations. The goal was to take stock of the results, collect and use other evidence, and draw lessons for future IFC and World Bank operations."

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"In economies characterized by low labor demand and high rates of youth unemployment, entrepreneurship training has the potential to enable youth to gain skills and create their own jobs. This paper presents experimental evidence on a new entrepreneurship track that provides business training and personalized coaching to university students in Tunisia."

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