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TechnoServe

Mission statement:

TechnoServe helps entrepreneurial men and women in poor areas of the developing world to build businesses that create income, opportunity and economic growth for their families, their communities and their countries.

History:

Founded: 1968
Founder: Ed Bullard, businessman and philanthropist

1968: TechnoServe founded

While volunteering at a hospital in rural Ghana, Ed Bullard is inspired to start an organization to help hardworking rural people in developing countries harness the power of private enterprise to lift themselves out of poverty.

1972: Focus shifts from individuals to agricultural cooperatives

Working in five countries in Africa and Latin America, TechnoServe expands its focus from individual farmers to small-business development for agricultural cooperatives.

1989: TechnoServe begins working in its 10th country

TechnoServe launches an agricultural export project in Guatemala, its 10th country.

1998: Bold new mission targets economic growth for entire nations

Our new mission aims to create economic growth for entire industries and nations by focusing on competitiveness. Expanding beyond cooperatives, we begin working with individual entrepreneurs to build growth-oriented, sustainable businesses that benefit the rural poor. We also begin working with diverse industry stakeholders, to improve the business environment.

2002: National business plan competition program debuts

TechnoServe and its partners launch a national business plan competition in El Salvador, to help nascent entrepreneurs turn good ideas into viable business plans. The program is then refined and replicated in many other countries.

2007: TechnoServe's leadership position drives broad expansion

TechnoServe is an internationally recognized leader in the field of economic development, employing more than 400 people. Our work has transformed the lives of millions of people in more than 30 countries; the support of numerous partners is enabling us to replicate our success, with four new country programs launched this year in Brazil, Chile, India and Rwanda.

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