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 2014 alone we achieved the following:
Higher Revenues for Farmers
We reached 325,200 farmers, creating $37.9m in increased farmer revenues
Higher Revenues for Businesses
We reached 3,000 businesses, creating $16.5m increases in business revenues
New Jobs, Higher Wages
We created 5,610 new jobs with an increase of $7m in wages paid
Our ImpactIn total 1.7 million men, women and children benefitted from our work