Small and Growing Businesses (SGBs) have the power to transform lives.
SGBs create jobs, connect communities to regional and global markets, and often increase access to critical goods and services for underserved populations.
Since ANDE’s founding in 2009, we have seen much progress made by the SGB sector, composed of those organizations that support entrepreneurs in emerging markets. In 2014, more than 200 members were operating in more than 150 countries, and had collectively supported nearly 350,000 entrepreneurs.
Nonfinancial support has increased.
We have identified over 600 accelerator programs operating globally, including at least 200 based in emerging market countries. This model shows promise: preliminary research results show revenue and employee growth for accelerated enterprises was three times faster than growth for nonaccelerated enterprises.
The pace of investing has picked up.
We estimate that in the past five years, investment vehicles that do deals $2 million and below in emerging…
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