Video: Boosting Business Growth in Nicaragua

June 18, 2013

A TechnoServe business plan competition helped Verónica Bucardo take her fledgling textile manufacturing business to new heights.

Verónica Bucardo is proud of the steady growth of IKO Imagen, the textile and handbag manufacturing company she co-founded in Managua, Nicaragua. She credits Idea Tu Empresa (ITE), a business plan competition organized by TechnoServe, with helping the IKO Imagen team refine its business plan and set a course for success. After entering and winning the 2010 competition, IKO Imagen received training, support and $10,000 in seed money that allowed the business to invest in several pieces of industrial equipment and diversify its products and services. “I am sure that if we had not won TechnoServe’s competition, our growth would have been much slower,” Veronica says.

Learn more about IKO Imagen’s success.

 

Related Blog Posts

 

Cooking Up Change in Chile

Cooking Up Change in Chile

Cesar and Priscilla Díaz have launched a successful catering business in a small town in Chile with the help of the EMERGE program, an Anglo American-TechnoServe collaboration.

A Mother-Daughter Team Expands Nanny Services in El Salvador

A Mother-Daughter Team Expands Nanny Services in El Salvador

Graciela Barrientos is working with her mother Elsa to build a successful childcare provider and training service in El Salvador.

Agribusiness Provides a Path to Youth Employment in Africa

Agribusiness Provides a Path to Youth Employment in Africa

Young entrepreneurs like Audrey Allotey are starting and growing food businesses that provide key products and create jobs in their communities.