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
As the Sustainable Agricultural Improvement (MAS) project comes to a close in Honduras, we take a look at how the project helped one coffee farming family to build a strong farming business and promising career opportunities throughout the value chain.
It’s World Milk Day, and we at TechnoServe want to celebrate the important role that dairy animals and products can play in lifting communities out of poverty.
TechnoServe’s Country Director in Nicaragua shares important lessons learned from our work creating inclusive and productive coffee value chains in Central America.