TechnoServe is an international nonprofit that promotes business solutions to poverty in the developing world by linking people to information, capital and markets.
TechnoServe works with individuals and businesses to address local or regional constraints that prevent market systems from operating efficiently. The organization focuses on market systems that have a clear opportunity, the potential for inclusive growth, and the potential for scale. TechnoServe addresses market system failures in three ways:
1) Developing capacity: TechnoServe helps individuals and communities acquire necessary skills, share relevant knowledge, and apply productive technologies needed to build successful farms and businesses.
2) Strengthening market connections: TechnoServe helps coordinate industry players and connect emerging businesses and farms to capital, networks, and suppliers.
3) Improving the business environment: TechnoServe helps encourage self-sustaining economic activity by addressing the policies, information, and incentives that help markets function better
In 2015, TechnoServe's work helped transform the lives of 1.6 million people in 29 countries by targeting improvements in farms, businesses, and industries.