Media Coverage
April 27, 2012

"IFC, a member of the World Bank Group, launched the SME Finance Forum [on April 19, 2012], a G-20 initiative designed to improve access to financial resources for small and medium enterprises and catalyze effective SME-financing tools...The forum is a knowledge-sharing platform for data, research, and experiences for small and medium enterprises (SMEs). Access to finance remains one of the most significant challenges for the survival and advancement of small enterprises, which are important drivers of economic growth in developing countries. The forum will promote tools and approaches...

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Lori Beaman, Jeremy Magruder, Jonathan Robinson
April 25, 2012

Today's NYTimes draws attention to how Zimbabweans are spending so much time waiting around for change -- not change of the political nature this time, the NYTimes notes, but change--small money--for any simple purchase. From bus rides, small purchases of fruit or vegetables, or even a weekly supermarket trip, vendors just don't have change.

But these days, Robson Madzumbara spends a lot of time quite literally waiting around for change. Pocket change, that is. He waits for it at supermarkets, on the bus, at the vegetable stall he runs and just about...

Media Coverage
April 20, 2012

"This report outlines the need to provide capital to Small and Medium Enterprises (SMEs) in developing countries. It shows the impact of this capital on economic development, and the role for International Finance Institutions (IFIs) in the provision of this capital. Finally, it outlines recommendations for additional interventions and further research."

Media Coverage
April 03, 2012

"The results of an experiment in Sri Lanka [by Christopher Woodruff and David McKenzie] show the impact of financing on small businesses in communities shattered by natural disasters."

Media Coverage
March 23, 2012

"Christopher Woodruff talks to Viv Davies about his recent research in Sri Lanka that looks at the constraints to growth of micro-enterprises and how to generate job creation; he highlights the effects of wage subsidies, savings programmes, entrepreneurship training, firm registration and the transition from small informal firms to more dynamic enterprises."

Media Coverage
March 22, 2012

"After a comprehensive review of existing studies, with particular focus on recent randomized control trials, David Roodman released a new book arguing that "the average impact of microcredit on poverty reduction of clients is zero.” How should the SME movement learn from the research on microfinance?

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Dean Karlan, Christopher Udry, Miriam Bruhn, Antoinette Schoar
February 28, 2012

At Academy Award parties on Sunday across the country, people filled out sample ballots to guess the Oscar winners before they were announced. Now we’re doing the same thing. We’ve got a new challenge for all you blog readers out there: predict the results of our studies.

IPA recently conducted two studies about whether consulting services and/or cash infusions could help small businesses generate more profit or other positive measures of business success. One study was in Ghana with tailors and seamstresses with only one employee, if any; the other was in Mexico with businesses in...

Announcement
January 05, 2012

The SME Initiative is pleased to announce a THIRD ROUND of funding for the SME Initiative's Competition on Entrepreneurship and SME Growth. The goal of the grants is to fund innovative research that “build a systemic body of evidence on the contribution of SMEs and entrepreneurship to poverty alleviation and economic development.” We hope this competition will have a catalyzing effect to stimulate high quality research on the role of access to finance and human capital for SME growth and their contribution to development. 

Complete proposals should be emailed to sme@poverty-...

Media Coverage
December 14, 2011

"Should development institutions and policymakers be directing fewer resources at microfirms and more at high-growth-potential enterprises or gazelles?"

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Antoinette Schoar, Dean Karlan
December 13, 2011

I’m a new staff member at IPA, and on Wednesday, November 30th, I had the privilege to attend the annual conference of IPA’s Small and Medium Enterprise Initiative (SME Initiative). A group of leading thinkers on small and medium enterprises (SMEs) gathered to discuss the current state of research on how to support and encourage small and medium enterprises, particularly in the developing world.

IPA and others, including our host, the Inter-American Development Bank (IDB), are interested in SMEs because when businesses thrive and create jobs, people have access to income and wealth...

Media Coverage
December 08, 2011

On November 30, 2011, MIF General Manager Nancy Lee delivered opening remarks at the Innovations for Poverty Action SME Initiative Conference, co-hosted by IPA and the MIF and held at the IDB Headquarters in Washington, D.C. This annual event brings together a broad stakeholder group of researchers, practitioners, and policymakers to discuss the latest research on entrepreneurship and SME development in emerging markets.

Media Coverage
December 08, 2011

"Last week, Innovations for Poverty Action's SME Initiative brought together researchers and  practitioners to discuss recent research on SMEs (Small and Medium Enterprises), mostly in the developing world." A brief summary of the conference.

Media Coverage
September 16, 2011

Nicholas Kristof writes for the New York Times: 

"Careful research by Professor Esther Duflo of M.I.T. and other economists suggests that microfinance can chip away at poverty but is not a panacea."

Media Coverage
June 03, 2011

"In recent years, a number of private foundations and organizations have launched ambitious initiatives to support promising entrepreneurs in developing countries, on both a for-profit and not-for-profit basis."

Media Coverage
June 01, 2011

"This book is a gem. Anyone serious about aid, philanthropy, or impact investing should read it, maybe a couple of times."

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