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
In celebration of International Youth Day, we are sharing stories from a few of the many young people who have graduated from TechnoServe's programs around the world.
To spur corporate investment in small and growing business (SGB) growth, TechnoServe has partnered with the Argidius Foundation to launch the Catalyzing SGB Acceleration (CaSA) Initiative.
In this series, we check back with TechnoServe program participants who were previously featured on our blog, documenting how their lives have changed and progressed.