International fund for business development
The International Foundation 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 is to transform economies and business systems by making them more inclusive, productive, resilient and sustainable. IFBD is the specialized global development organization focused on and dedicated to transforming economies and business systems.
We target 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.
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.