June 2011 - Microfinance and Business Development Services in Europe. What can we learn from the South?

Business Development Services (BDS) are designed to help enterprise owners overcome certain constraints. Micro and small entrepreneurs are frequently hampered in their business growth by non-financial factors such as inadequate business management skills, lack of information and poor market access. Due to their small size and limited resources, the administrative tasks that all firms have to carry out weigh particularly heavily. Research and experience indicate that access to Business Development Services (BDS) greatly enhances the performance of small business, in an economic as well as in a social and environmental sense.

The present good practice guide on Business Development Services for small enterprises aims to contribute to the provision of more sustainable Business Development Services that are more specifically adapted to the needs of microenterprises in European countries by sharing knowledge on BDS between the South and the North.



June 2011 - Microfinance and Business Developement Services in Europe