The Poverty Reduction by Increasing the Competitiveness of Enterprise project reduced poverty in Bangladesh by supporting the creation of sales, jobs, and investment, particularly for the benefit of women, young adults, and small and medium enterprise suppliers.
Through the project, Chemonics built the capacity of Bangladeshi industries to increase their competitiveness by improving workforce skills and determining the most lucrative market opportunities.
The project focused on aquaculture, horticulture, and leather products. Fisheries and shrimp farms play a major role in Bangladesh’s food supply and employment. To address growth constraints in the aquaculture sector, the project, in partnership with USAID, designed targeted interventions to generate 30,000 jobs and increase export sales by $100 million. The project took a similar approach in addressing issues in horticulture and leather products, targeting interventions to alleviate obstacles to growth.
- Assisted nearly 100 private enterprises, 33,000 aquaculture and horticulture farmers, and created full time work for more than 83,000 individuals
- Increased private-sector sales by $404 million and investments totaling $21 million
- Trained more than 100,000 farmers on new technologies and management practices which were then applied to nearly 9,000 hectares of land
- Created 16,223 jobs for women and encouraged employment of women throughout Bangladesh
To learn more, read the Final Report here.
Project Duration: 2008 - 2013