Dhaka, Bangladesh, March 21, 2011—IFC,
a member of the World Bank Group, is rolling out its Business Edge training
for business owners and managers in Bangladesh. The interactive training
program will help improve management skills and support productivity and
efficiency improvements for about 2,500 small and medium enterprises.
The two-day workshop, starting today in Dhaka, will focus on training future
trainers. It is part of a larger initiative to disseminate business
skills more widely among small-business owners across Bangladesh over the
next three years.
“Small and medium enterprises help create jobs and promote economic growth
in Bangladesh. By launching Business Edge in this market, IFC is reaffirming
its commitment to supporting the country’s private sector growth,” said
Aftab ul Islam, Chairman of Bangladesh’s SME Foundation, while speaking
to participants at the inaugural session.
Ian Crosby, Manager for IFC Advisory Services in Bangladesh, said, “Business
Edge will make available practical training tools to small enterprises
to enhance their performance and income levels. Our partners’ efforts
will be invaluable in reaching a larger number of small businesses.”
Local training-service providers, Windmill Education Services Limited and
SEBA Limited, will partner IFC in implementing Business Edge.
IFC’s Business Edge program uses a comprehensive set of self-study books
and training modules adapted to the local business context. Key themes
include marketing, human resources, production and operations, finance
and accounting, and productivity skills.
Globally, IFC delivers Business Edge training services through a network
of local franchised providers and certified trainers supported and monitored
by IFC to ensure consistent performance standards. Bangladesh is replicating
a similar model.
To date, the training has reached more than 150,000 participants in 20
developing countries in Asia, Africa, the Middle East, and Latin America.
Key international companies have selected Business Edge to train
their suppliers and distributors in sectors such as telecommunications,
pharmaceutical, and banking to name a few.
To learn more about IFC in South Asia, please visit www.ifc.org/southasia.
IFC, a member of the World Bank Group, is the largest development institution
focused on the private sector in developing countries. We create opportunity
for people to escape poverty and improve their lives—by providing financing
to help businesses employ more people and provide essential services, mobilizing
capital from others, and delivering advisory and risk-management services
to ensure sustainable development. In a time of global economic uncertainty,
our new investments climbed to a record $18 billion in fiscal 2010. For
more information, visit www.ifc.org.