International fund for business development
The International Fund for Business Development (IFBD) is an international non-governmental financial organization dedicated to developing economic conditions for small and medium-sized businesses in developing countries to achieve higher incomes and better living conditions.
- Development of international business relations
- Investment management
- Development of business training programs
- Development of international business standards
Our mission and goals
To improve economic development and business climate in developing countries through financing and developing small and medium-sized enterprises.
To promote the development of small and medium-sized enterprises in developing countries through providing financial support, expertise, and education. We aim to create a favorable environment for entrepreneurship, improve quality of life, and increase economic growth in developing countries. We support small and medium-sized enterprises to grow and become the main source of job creation and economic development in their regions. We also strive to ensure sustainable and environmentally friendly business growth in these regions, taking into account the interests of future generations.
We focus our support to reach the startups and small business and, to help millions of businessman to:
- Increase their productivity and access international markets
- Create and access jobs and economic growth
- Increase their incomes
- Improve their coping mechanisms in fragile and conflict environments
- Strengthen their voice, capacities and organizations
IFBD catalyses public and private investments, helps strengthen policies and promotes innovation, in order to achieve sustainable benefits for the small businesses at scale and support all countries to achieve lasting, systemic change. We work with governments, the private sector, civil society and other development partners and use a range of instruments, tools and knowledge to respond to the challenges facing countries with the most critical needs.
IFBD provide a wide range of services to support the development of small and medium enterprises in developing countries.
Provide financial support to small and medium-sized enterprises in the form of loans, grants, or investments.
Provide expert services in business management, financial planning, marketing, production, logistics, and other business-related issues.
Provide educational programs and courses to help entrepreneurs and managers of small and medium-sized enterprises improve their skills and knowledge
Provide individual mentoring and consultations for entrepreneurs who need assistance in developing their businesses.
Fund provide technical support to small and medium-sized enterprises, including assistance in accessing technologies, information resources, and other infrastructure services.
Provide technical support to small and medium-sized enterprises, including assistance in accessing technologies, information resources, and other infrastructure services.
Work with government organizations and other stakeholders to help create policy conditions favorable to small and medium-sized enterprises, such as improving tax laws, simplifying business licensing and permit procedures, and providing intellectual property protection and anti-corruption measures.
Help businesses gain access to necessary infrastructure, such as electricity, water, transportation, and communication. We can also assist in developing infrastructure in areas where it is absent or underdeveloped.
Social Entrepreneurship Support
The International Business Development Fund can help entrepreneurs who want to create a socially oriented business that addresses social problems and meets the needs of people in vulnerable groups.
CEO of Boardsi
Of the new jobs created between 1995 and 2020, small businesses accounted for 62%—12.7 million compared to 7.9 million by large enterprises. A 2019 SBA report found that small businesses accounted for 44% of U.S. economic activity. Without small businesses, the American economy and workforce would be a pretty wild landscape to imagine.
The Rt. Hon. Justin Trudeau
Prime Minister of Canada
When we support our small businesses, we support our workers, our communities, and our economy.
The Hon. Chrystia Freeland
Deputy Prime Minister and Minister of Finance of Canada
Small businesses are at the heart of our communities, and supporting them is one of the most important things we can do to build a thriving economy.