For years, we at New Ventures have been encouraging investors and aid organizations to pay attention to the growing numbers of SMEs being created by waves of adventurous entrepreneurs throughout the developing world. I would point to businesses like Aires as shining examples of small, innovative companies that have strong potential for rapid growth. It was good to read this morning that communications giant Nortel agrees. The corporation recently announced a new strategy to target the burgeoning demographic of SME owners entering the Indian market. As competition has increased, these businesses are becoming progressively more sophisticated and demanding better IT infrastructures, a fact that has driven Nortel’s profits in the region.


add to del.icio.us
add to digg
related at technorati


On Proctor & Gamble Water Filter Sachets
On Social Entrepreneurs from GSBI 2008: Meet Zipporah Ongwenyi, from Binti Africa Foundation
On Event: How Everyone Can Be a Social Investor
On Social Entrepreneurs from GSBI 2008: Meet Zipporah Ongwenyi, from Binti Africa Foundation
On Nigeria: Small Businesses and Economic Growth