USAID’s Office of Economic Growth of the Bureau for Economic Growth, Agriculture and Trade (EGAT/EG) has established the Business Growth Initiative (BGI) project to promote best practices in enterprise development as a critical element for Economic Growth. BGI will serve as a key element in building a Community of Practice for Enterprise Development, both within USAID and its development partners and among the broader development community worldwide.
Enterprises are the engine of economic growth. Enterprise development entails setting the framework to assist business ventures of all sizes to grow and employ more people. Firms do that by improving levels of production, accessing new markets, meeting international technical standards, improving marketing operations, obtaining greater returns on investments, and increasing revenues and profits. The nurturing of entrepreneurship through business education, business services of all types, business association development, policy advocacy, finance and market information is part of that process.
Bookmarks