Building New and Better Businesses
TechnoServe introduced its successful business plan competition model to help Ecuador's budding entrepreneurs and small businesses turn good ideas into thriving, growth-oriented businesses. The program focused on small and medium businesses in the fields of food security, health, housing, basic services, tourism, energy and information technology. Business plan competitions have been proven to cultivate and foster innovation and new business ideas. TechnoServe also provides after-care services to its business plan competition participants and winners, as well as seed capital for the most promising businesses.