TechnoServe works with enterprising people in the developing world to build competitive farms, businesses and industries. They are a nonprofit organization that develops business solutions to poverty by linking people to information, capital and markets. Their work is rooted in the idea that given the opportunity, hardworking men and women in even the poorest places can generate income, jobs and wealth for their families and communities. With more than four decades of proven results, they believe in the power of private enterprise to transform lives.
TechnoServe employs more than 900 people, the vast majority of them host-country nationals working in the field. Their staff combine business expertise with local knowledge, relationships and context to help hardworking men and women generate income, jobs and wealth for their families and communities.
They work with enterprising people in the developing world to build competitive farms, businesses and industries.
They will be the most effective catalyst and partner for transformative, on the ground, market based solutions to poverty.
How They Work
TechnoServe works with enterprising people in the developing world to build competitive farms, businesses and industries. They help grow strong markets that create income and jobs in poor communities.
In order to achieve their mission, they operate as a catalyst and partner to strengthen market systems. They 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. They 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. They address market failures in three ways:
Develop Capacity: They help individuals and communities acquire skills, share knowledge and apply the technologies needed to build successful farms and businesses.
Strengthen Market Connections: They coordinate among industry players and connect emerging businesses and farms to capital, networks and suppliers.
Improve the Business Environment: They encourage self-sustaining economic activity by addressing the policies, information and incentives that help markets function better.