Private Business Sponsorship: partnering SME’s – shops, restaurants, launders, carpentry providing “financing, business consultancy”, insurance, and loan facilities.
The private sector has grown more engaged in international development. But for many corporations, poverty eradication remains a side rather than a core issue. Businesses have to find a value proposition to fully commit to the cause and that is where the future of development cooperation lies. We believe that:
- The role of the private sector in development must be focused and particularly in Africa, which is becoming the investment destination of many businesses around the world. ISTAG strives to underscore the need to create a more enabling environment for both local and foreign businesses.
- How should the international community finance social protection in developing countries? EU Commissioner for Development Andres Piebalgs believed money should come from national a budget — which was seconded by another panellist.
- We have contact with more than 50 decision makers and thought leaders from the private, nonprofit and public sectors on hot-button issues in social responsibility and international development.