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
Women play a central, though often "invisible," role in Colombian coffee production. Here's how The Coca-Cola Foundation and TechnoServe are partnering to improve the access of 11,000 women to the services and training they need to run their coffee farms as a business.
Unable to find employment in his community, Francis Kihara ended up in prison. Watch our video to see how the STRYDE program helped him learn the confidence and skills he needed to start a new business and rebuild his life.