Spurring Innovation with Matching Grants : Evidence from Yemen

Spurring Innovation with Matching Grants : Evidence from Yemen

Matching grants are one of the most common tools used in private sector development programs in developing countries and have been included in more than 60 World Bank projects totaling over US$1.2 billion, funding over 100,000 micro, small and medi...

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Main Authors: McKenzie, David, Assaf, Nabila, Cusolito, Ana Paula
Format: Working Paper
Language:English
en_US
Published: 2015
Subjects:
METHODS
EMPLOYMENT
GRANT
VARIABILITY
FIRMS
WAR
EVALUATION
TIME
EXPERIMENTS
MEDIUM ENTERPRISES
DATA COLLECTION
EXPERTS
FIRM
CIVIL WAR
RESEARCHERS
CONSULTANT
SMALL FIRMS
ENTERPRISE
RESEARCH
SIZE
ENTERPRISES
PROJECTS
FIRM SIZE
PILOT PROJECT
SURVEYS
GRANTS
IFC
Online Access:http://documents.worldbank.org/curated/en/2015/11/25247604/spurring-innovation-matching-grants-evidence-yemen
http://hdl.handle.net/10986/23483
id okr-10986-23483
recordtype oai_dc
spelling okr-10986-234832021-04-23T14:04:15Z Spurring Innovation with Matching Grants : Evidence from Yemen McKenzie, David Assaf, Nabila Cusolito, Ana Paula METHODS EMPLOYMENT GRANT VARIABILITY FIRMS WAR EVALUATION TIME EXPERIMENTS MEDIUM ENTERPRISES DATA COLLECTION EXPERTS FIRM CIVIL WAR RESEARCHERS CONSULTANT SMALL FIRMS ENTERPRISE RESEARCH SIZE ENTERPRISES PROJECTS FIRM SIZE PILOT PROJECT SURVEYS GRANTS IFC Matching grants are one of the most common tools used in private sector development programs in developing countries and have been included in more than 60 World Bank projects totaling over US$1.2 billion, funding over 100,000 micro, small and medium enterprises. The Enterprise Revitalization and Employment Pilot (EREP) was designed as a two year pilot project aimed at improving firm capabilities and the employability of recent graduates. The matching grant component provided firms with a matching grant of up to $10,000 as a 50 percent subsidy towards the cost of innovation and business services like finance and accounting systems, website creation, training, marketing, participation in exhibitions, and some associated goods. The program implementation was designed with the lessons of other matching grant programs in mind in order to overcome their problems with take-up: eligibility criteria were kept broad; the application form was not complex and could be done either online or in paper; and the program was well-advertised. 2015-12-22T17:17:38Z 2015-12-22T17:17:38Z 2015-11 Working Paper http://documents.worldbank.org/curated/en/2015/11/25247604/spurring-innovation-matching-grants-evidence-yemen http://hdl.handle.net/10986/23483 English en_US Finance PSD Impact,no. 34. The Lessons from DECRG-FP Impact Evaluations; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Brief Publications & Research Middle East and North Africa Yemen, Republic of
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic METHODS
EMPLOYMENT
GRANT
VARIABILITY
FIRMS
WAR
EVALUATION
TIME
EXPERIMENTS
MEDIUM ENTERPRISES
DATA COLLECTION
EXPERTS
FIRM
CIVIL WAR
RESEARCHERS
CONSULTANT
SMALL FIRMS
ENTERPRISE
RESEARCH
SIZE
ENTERPRISES
PROJECTS
FIRM SIZE
PILOT PROJECT
SURVEYS
GRANTS
IFC
spellingShingle METHODS
EMPLOYMENT
GRANT
VARIABILITY
FIRMS
WAR
EVALUATION
TIME
EXPERIMENTS
MEDIUM ENTERPRISES
DATA COLLECTION
EXPERTS
FIRM
CIVIL WAR
RESEARCHERS
CONSULTANT
SMALL FIRMS
ENTERPRISE
RESEARCH
SIZE
ENTERPRISES
PROJECTS
FIRM SIZE
PILOT PROJECT
SURVEYS
GRANTS
IFC
McKenzie, David
Assaf, Nabila
Cusolito, Ana Paula
Spurring Innovation with Matching Grants : Evidence from Yemen
geographic_facet Middle East and North Africa
Yemen, Republic of
relation Finance PSD Impact,no. 34. The Lessons from DECRG-FP Impact Evaluations;
description Matching grants are one of the most common tools used in private sector development programs in developing countries and have been included in more than 60 World Bank projects totaling over US$1.2 billion, funding over 100,000 micro, small and medium enterprises. The Enterprise Revitalization and Employment Pilot (EREP) was designed as a two year pilot project aimed at improving firm capabilities and the employability of recent graduates. The matching grant component provided firms with a matching grant of up to $10,000 as a 50 percent subsidy towards the cost of innovation and business services like finance and accounting systems, website creation, training, marketing, participation in exhibitions, and some associated goods. The program implementation was designed with the lessons of other matching grant programs in mind in order to overcome their problems with take-up: eligibility criteria were kept broad; the application form was not complex and could be done either online or in paper; and the program was well-advertised.
format Working Paper
author McKenzie, David
Assaf, Nabila
Cusolito, Ana Paula
author_facet McKenzie, David
Assaf, Nabila
Cusolito, Ana Paula
author_sort McKenzie, David
title Spurring Innovation with Matching Grants : Evidence from Yemen
title_short Spurring Innovation with Matching Grants : Evidence from Yemen
title_full Spurring Innovation with Matching Grants : Evidence from Yemen
title_fullStr Spurring Innovation with Matching Grants : Evidence from Yemen
title_full_unstemmed Spurring Innovation with Matching Grants : Evidence from Yemen
title_sort spurring innovation with matching grants : evidence from yemen
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/11/25247604/spurring-innovation-matching-grants-evidence-yemen
http://hdl.handle.net/10986/23483
_version_ 1764453969114955776

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