BiD Network Results
BiD Network has helped start or grow about 300 small and medium enterprises in emerging markets. These have created about 2,500 direct jobs. The full cost of creating a new job has been an average of €1800 per year.
"I'm so excited about the opportunities that BiD Network has brought to us. I don't know that we could have met all of the challenges that we have faced with out the inspiration of BiD Network and the Peru partner behind us."
Entrepreneur from Peru
BiD Network deal flow results 2005-2009
| New per Year | 2005 | 2006 | 2007 | 2008 | 2009 | TOTAL |
|---|---|---|---|---|---|---|
| Members | 1,178 | 5,301 | 10,047 | 8,031 | 7,570 | 32,127 |
| Applications | 800 | 1400 | 3600 | 1846 | 1415 | 9061 |
| Coaches | n.a. | n.a. | n.a. | 168 | 308 | 476 |
| Business Plans | 80 | 160 | 450 | 589 | 658 | 1937 |
| BiD Grade Plans | 2 | 6 | 47 | 18 | 95 | 168 |
| Matches | n.a. | n.a. | 17 | 16 | 27 | 60 |
| Million USD Matched | n.a. | n.a. | 1,5 | 2,8 | 4,7 | 9 |
| Known Business Launched | 18 | 30 | 142 | 98 | n.a. | 288 |
| Known Direct Jobs Created | 814 | 370 | 884 | 479 | n.a. | 2547 |
- This represents BiD Network’s dealflow over the last 5 years. The figure in each year is not cumulative and corresponds to the results achieved only in that year.
- Matchmaking Services were only formally implemented during 2008, which meant that this year was dedicated to setting this up and therefore less matches were actually made.
“By participating in the business plan competition I gained skills on how to prepare a business plan. Also I was able to establish new network in the area of jatropha growing for production of various products”.
Entrepreneur from Tanzania
Main Features of Business Plans in BiD Network 2005-2009
| Type of Business | % |
|---|---|
| Start-ups 1 | 72 |
| Established 2 | 28 |
| Gender of Participants | % |
|---|---|
| Female | 17 |
| Male | 48 |
| Unknown | 35 |
| Investment Need USD | % |
|---|---|
| < $10,000 | 5 |
| $10,000-$50,000 | 26 |
| $50,000-$100,000 | 18 |
| $100,000-$500,000 | 39 |
| > $500,000 | 12 |
| Sectors | % |
|---|---|
| Agriculture | 20 |
| Manufacturing | 13 |
| Food processing | 13 |
| Services | 9 |
| ICT | 8 |
| Tourism | 8 |
| Education and Training | 7 |
| Energy | 5 |
| Health Care & Life Sciences | 4 |
| Waste and Recycling | 3 |
| Housing and construction | 3 |
| Trade and transport | 2 |
| Retail | 2 |
| Water and sanitation | 2 |
1 Start-up: new businesses with no sales history.
2 Established Business: existing but young businesses with sales history, but their growth is hampered by lack of (working) capital.
Visit each competition page for more information and results.
These SMEs have been matched with financiers by BiD Network.. See also: Submit a new business plan View the best business ...
- Noticias: 01/09/2010
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