TechnoServe's work with small and growing businesses (SGBs) in Central America

Impact numbers

<p>The following findings are based on Emory University’s analysis of the performance after 1 year of 432 businesses across Central America.</p>
<h3>Key findings</h3>
<ul>
<li>Average absolute revenue growth after 1 year was 33%, or $29,000</li>
<li>Adviser/Entrepreneur pairings matched on gender (Male/Male or Women/Women) perform better than mixed gender pairings</li>
<li>The majority of participants credited the project with contributing to their growth; however, simple satisfaction does not correlate with growth. Instead, those for whom advice focused on strategy, planning and marketing were more likely to be correlated with growth</li>
<li>Access to capital, by itself, is not a limiting factor to growing revenues, and when businesses are ready and willing to seek finance, their success rates are higher than one might expect: &gt;50%</li>
<li>A number of factors have minimal correlation with revenue growth: country, stage of business development, industry sector and age of business. This challenges the prevailing view that fast-growing firms tend to be young and small</li>
</ul>

Key findings

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Learning from Technoserve’s acceleration of 1000-plus SGBs in multiple sectors (2018).

TechnoServe's work with small and growing businesses (SGBs) in Central America | Argidius

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