the mif blog

Stories of inspiring entrepreneurs and organizations, discussion and commentary of new trends in private sector development, and the latest events and publications.

¿Cómo vamos a alimentar tanta gente en 50 años? ¿Cambiaremos los sistemas productivos actuales o nos tocará colonizar Marte?

By Guest

¿Han pensado que, en algún momento dentro de los próximos cien años, si seguimos nuestra trayectoria actual de consumo de recursos, el hombre tendrá que buscar otra casa diferente a nuestro planeta tierra?

Jamaica’s stock market is jammin’, thanks to focus on entrepreneurs

By Wayne Beecher

The Bloomberg Business headline reads, “It's Jammin': Jamaica's Tiny Stock Market Conquers World in 2015.” The news article explained that the Jamaica Stock Exchange (JSE) was the best performing stock exchange in 2015, with its index’s more than 80% increase outpacing all the other world indexes (for example, Dow Jones Industrial Average: -1%, and Euro Stoxx 50: -6% in dollar terms).

The Business of Next – News from the Global Entrepreneurship Congress 2016

By Monica Pina Alzugaray

Since my first visit to this city back in 2006, many things have changed. At the time, there was little startup activity and only a few pioneers –incubadora Creame and Promotora– establishing angel networks and the first Venture Capital fund of Colombia. Today, the city is home to other funds, co-working spaces, accelerators, and Ruta N: an initiative that turned around a “suspicious” neighborhood in Medellin and made it into a flagship for innovation and entrepreneurship. Medellin has been a good example of how the public and private sectors can join forces to create a vibrant environment where entrepreneurship can flourish.

The tectonic forces shaping the businesses of the future

By Brigit Helms

A transformational movement is challenging the view that businesses exist primarily to maximize shareholder value. A growing number of businesses are keen to play a larger role in society, not simply by acting “responsibly,” but also by becoming a true “force for good.” They are harnessing the power of markets, entrepreneurship, and investment capital to tackle complex social problems in areas such as crime, education, health care, and clean energy.

The turnaround: Helping CariCRIS find success

By Yongdong Bao

CariCRIS is a rating agency founded in 2004 in Trinidad & Tobago to serve the Caribbean region. Its major shareholders include the MIF/IDB, the Caribbean Development Bank (CDB), CRISL, the Indian credit rating agency majority-owned by Standard and Poor’s, ,and some central banks in the region.  The MIF provided grant and investment financing to help launch the company. When I was entrusted to look after the project in early 2013, CariCRIS had been operating at a loss for its entire history because it did not have enough clients, and was running out of capital.