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Business Results after BiD Network

What happens to the business after the plans are submitted?

Progress of business plans submitted to BiD Network

Challenge Winners
2005 2006 2007 2008 2009 Total
Start-ups started 5 11 7 3 5 31
Established grown 2 1 6 3 3 15
Direct jobs 683 120 125 36 73 1,037
Indirect jobs 1,776 312 325 94 190 2,697
Full Business Plans
2005 2006 2007 2008 2009 Total
Start-ups started 8 12 54 59 71 204
Established grown 3 6 75 33 22 139
Direct jobs 131 250 759 443 385 1968
Indirect jobs 341 650 1,973 1,152 1,001 5,117

  • In order to measure the impact BiD Network has with its budget, the results achieved by each company are reflected in the year they submitted the business plan and therefore received the support from BiD Network and not the year they actually achieved these results.
  • It is worth mentioning that 2008 still presents very low results compared to the other years mainly due to time. Companies, especially in developing countries, take time to start and grow and results are usually better achieved after at least 2 years of operation.

For many entrepreneurs BiD Network is just the starting point in their business. Visit the following pages to see the progress made by our participants:

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Business Plan Updates