TechnoServe works with enterprising people in the developing world to build competitive farms, businesses and industries.
In order to achieve our mission, we operate as a catalyst and partner to strengthen market systems. We focus on market systems that have:
- A clear opportunity – an unmet demand for a product or service
- The potential for inclusive growth that benefits poor people in their roles as producers, entrepreneurs, employees or consumers
- The potential for scale – impacting significant numbers of families
TechnoServe aims to be a catalyst and partner at all points in competitive markets. We work with individuals and businesses to address market failures – the constraints that prevent a market system from operating efficiently.
These constraints may include skills, technologies, availability of information, market linkages, access to finance, infrastructure, governance or policies. We address market failures in three ways:
Develop Capacity: We help individuals and communities acquire skills, share knowledge and apply the technologies needed to build successful farms and businesses.
Strengthen Market Connections: We coordinate among industry players and connect emerging businesses and farms to capital, networks and suppliers.
Improve the Business Environment: We encourage self-sustaining economic activity by addressing the policies, information and incentives that help markets function better.
In 2012 we supported over half a million farmers and over 1,500 businesses to realise more than $70M in incremental revenue, which resulted in over 9,000 new jobs and $10M in incremental wages. Together we estimate that this benefitted 2.9 million men, women and children.