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Business Results after BiD Network, BiD Network Matchmaking Results, BiD Network

BiD Network Results

BiD Network has helped start or grow about 390 small and medium enterprises in emerging markets. These have created about 3000 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 2005-2010

New per Year 2005 2006 2007 2008 2009 2010 TOTAL
Members 1,178 5,301 10,047 8,031 7,570 5,068 37,195
Applications 800 1400 3600 1846 1415 1754 10,815
Coaches n.a. n.a. n.a. 168 308 302 771
Business Plans 80 160 450 589 658 1046 2983
BiD Grade Plans 2 6 47 18 95 47 215
Matches n.a. n.a. 17 16 27 29 89
Million USD Matched n.a. n.a. 1,5 2,8 4,7 2,9 12
Known Business Launched 18 30 142 98 101 n.a. 389
Known Direct Jobs Created 814 370 884 479 458 n.a. 3005
  • This represents BiD Network’s dealflow over the last 6 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

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.