Returns to Supporting Agrifood MSMEs: A Global Cost-Benefit Analysis of Business Support Services in LMICs

By:
Michael Onah​
Date:
2024
Resource type:
Blogs/news/opinion
Link:

This paper evaluates the economic returns of supporting agrifood micro, small, and medium enterprises (MSMEs) in 90 low- and middle-income countries. Six types of business support interventions were analyzed, including mentoring for female managers, business development services, and financial grants. Most interventions demonstrated positive benefit-cost ratios, indicating economic viability. Targeted support for MSMEs can drive improvements in food security, nutrition, and employment in developing economies.

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