IFC and its partners currently fund a network of 11 Regional Advisory Services offices around the globe, with combined annual spending of nearly $60 million and over 900 people in the field. These regional offices are strategically placed to serve countries and regions where there is momentum for reform.
The regional offices address small business development through complementary interventions. Their work on improving the business-enabling environment improves the regulatory environment for small businesses. They increase available business development services, such as business planning, by building the capacity of local service providers. Their work in the financial markets sector strengthens financial institutions that serve small businesses. Further focus is applied through sector specific projects, such as in agribusiness, offering the greatest growth potential for small and medium enterprises.
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