Cheetah Development | Economic Development

Economic Development

Iringa Town Even in a mature economy like the United States, small businesses of 5-500 employees provide 51% of the private workforce, create 75% of the new jobs, and generate 93% of the inventions. They are the innovation engine that drives the economy.

Studies show that the entrepreneurs that drive small business are everywhere on earth. Given opportunity, they emerge. However, small businesses are in a shortage in the developing world.

Although we might want it to be different, it ’s small business and entrepreneurs that drive economies. The only way to make lasting change is to do the hard work of growing small companies. We might want it to be otherwise because building small businesses is risky and difficult. It’s a lot easier to hand out aid.

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