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NewsGSB NewsNew information material on GSB March 2009 - UNDP has developed an information package on the GSB programme. The package consists of a main brochure that presents the GSB programme, its structure and value proposition including how it can assist companies through brokerage and technical assistance platform in developing inclusive and sustainable business models for poverty alleviation. Additionally, the material includes five successful GSB case studies from field projects that have produced win-win solutions and benefits both for the poor and participanting lead companies. These successful partnership projects from GSB include the establishment of a allanblackia oil industry in Tanzania, the first ever supply chain of Artemisia from Madagascar farmers for malaria pills to two leading European pharma companies, the introduction of microfinance in the Turkish banking sector and the extension of telecom services to rural communities both in Cambodia and Tanzania.
GSB partner, Malawi Investment Promotion Agency, wins African Investor Investment Award 2008 December 2008 - The Malawi Investment Promotion Agency (MIPA) was awarded as Investment Agency of the Year 2008 by Africa Investor. The distinguished judging panel has included representatives of the Commission for Africa, African Development Bank, Government of Tanzania, Government of Great Britain, UN Fund for International Partnerships and African Business Roundtable. First and foremost this is a great recognition of the hard work and achievements of the management and staff members of MIPA, but UNDP also considers this an acknowledgment of the contribution that its Growing Sustainable Programme (GSB) has made to increase the effectiveness of MIPA. A developing private sector in Malawi offers the poor opportunities to diversify and improve their income and livelihoods. For that reason UNDP’s Growing Sustainable Business (GSB) Programme is supporting the Malawi Government in its efforts to reform and improve the enabling environment for business activity, and providing the Government with hands-on examples from pro-poor and sustainable business investments. GSB Malawi offers its support directly to the Malawi Investment Promotion Agency (MIPA) since 2006 in its endeavors to attract foreign investment and develop business. For more information about GSB please refer to the website of MIPA (www.malawi-invest.net). There you can also find the Investment Guide for Malawi and some 70 other concrete investment opportunities that were gathered as part of the programme. View the press release from African Investors at:
UNDP Administrator signs new GSB Microcredit project in Turkey June 2007 - GSB successfully facilitated a new partnership between the Young Businessmen Association of Turkey (GYİAD), Turkish Economy Bank (TEB) and United Nations Development Program (UNDP) providing microcredit for young entrepreneurs between the ages of 18 and 35. The project, called Altın Bilezik' (Golden Bracelet) aims to provide US$10Mln credit for 500 young entrepreneurs within the next three years. Women entrepreneurs, vocational high school and college graduates will have a priority in the project. TEB will provide the funding and the supervision of the project, while UNDP will provide technical staff and GYİAD educational support. Kemal Dervis, UNDP administrator, said "UNDP will offer its international experience in microcredit for the project. It will also help provide collaboration with local administrations. Banks will receive many important demands related to micro economy finance via the project. The project will also help create a rapid increase in employment opportunities."
GSB highlighted in the Africa Day Symposium May 2007 – The GSB initiative was prominently highlighted in the keynote speech given by Ambassador Bouna Sémou Diouf, the Director of the Tokyo International Conference on African Development (TICAD)/UNDP Africa Bureau at the 2007 Africa Day Symposium on: “Financial Instruments for the Promotion of Infrastructure, Trade and Investment between Japan and Africa” that was organized by the United Nations University and the African Diplomatic Corps in cooperation with the Ministry of Foreign Affairs of Japan.
GSB expands to new countries in Europe/CIS region May / June 2006 - The GSB-initiative expanded to further countries. GSB-brokers are now recruited and have started their work in Bosnia-Herzegovina (Meliha Kozaric-Fanning), Moldova (Malgorzata Walczak), Macedonia (Irena Jakimova) and Turkey (Gozde Avci) GSB in the international pressFinancial Times: Enterprise introduces a whiff of revolution May 2009 - UNDP is recognizing its potential convening role in market-led initiative through its Growing Sustainable Business initiative. The idea behind the GSB is that the UNDP can broker partnerships between companies and NGOs or local government agencies to accelerate the provision of goods, services and employment in poor countries. Download pdf
September 2005 - Widespread poverty reduction can be achieved only by improving access for the world’s most impoverished people to the goods and services they need, as well as by creating employment opportunities. Download pdf Financial Times: Partnerships that profit the poor April 2005 - Partnerships that profit the poor - A UN initiative where companies invest in commercially viable enterprises in developing countries is reaping benefits, writes Sarah Murray on 31 March 2005. Based on investment project examples and interviews with companies such as Unilever, ABB and Tetra Pak, this article describes the GSB initiative, its rationale, value-add, and contributions towards achieving the MDGs. Download pdf |
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