Land/Region: USA
Organisation: Building Markets
Arbeitsfeld: Arbeitsplätze zur F.stabilisierung schaffen

Job creation is one of the greatest drivers of poverty reduction and stability in conflict-prone countries. The key to those jobs? Local entrepreneurs. The reason that poverty and instability persist is due to basic barriers that prevent local entrepreneurs from accessing formal business opportunities. Building Markets was founded to solve this problem.

Our approach is simple. We connect local entrepreneurs to domestic, regional and global supply chains. Our teams start by finding and verifying competitive local businesses and matching them with the demands of buyers. We collect and translate tenders and distribute them through our extensive networks.

We train local businesses on how to bid on, win and execute those tenders. We measure impact, and we advocate for aid reform and open markets.

To date we have redirected over $1 billion into some of the world’s poorest nations, helping to create the full-time equivalent of over 65,000 jobs.

Scott Gilmore is the founder and Chief Executive Officer of Building Markets. Prior to this, Scott was a Canadian diplomat, his last position being the Deputy Director for South Asia, working on Canada’s integrated defence, development and diplomatic assistance to Afghanistan.

LINK:
buildingmarkets.org