While supporting social enterprises and impact-focused businesses falls under Agora’s direct mission, throughout the years we have also developed a parallel strategy focused on more traditional small and growing businesses (SGBs) in order to help them incorporate sustainability and impact into their operations and to grow, thus expanding our concept of impact.
This strategy originated in Nicaragua in the early days of Agora and has since then been reactivated and broadened to include other Central American countries, where instability and socio-political crises have turned the creation of more inclusive and entrepreneurial economies into a necessity.
Since 2015, Agora Nicaragua opted to extend the core of its traditional service offering (mainly business growth advisory) to also include border topics such as productivity, digitalization, the refinement of businesses’ value proposition to adapt to a new market situation, as well as emphasised skills specifically related to emotional resilience.
Through these various initiatives which all aimed at strengthening entrepreneurs’ leadership and management skills through a combination of group workshops, one to one consulting, mentoring and networking sessions, Agora Nicaragua managed to reach hundreds of entrepreneurs in total.
Just recently, since the 2018 crisis in Nicaragua, Agora has supported over 1,200 Nicaraguan micro and small enterprises with much-needed support at no cost for the participants. Programs in Nicaragua have historically served a majority of women-led businesses which currently represent over 80% of the 200+ companies actively engaging with the Agora alumni community.
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