The Project will foster partnerships with a wide range of stakeholders to facilitate development of inclusive markets - markets that involve poor as producers, suppliers and wage employees (on supply side) and as customers and users of affordable goods and services (on demand side).
Inclusive markets are beneficial for both: the businesses and the poor. For the businesses, engagement in an inclusive business model means new markets, innovations and stronger local supply chains, while the poor have the chance to enter the formal market economy and benefit from sustainable earnings, greater empowerment and higher productivity.
Growing Inclusive Markets (GIM) has been implemented to date in more than fifteen countries, and stimulated significant contribution of private sector to human development. The Regional GIM initiative is implemented in Bosnia and Herzegovina, Kosovo and Uzbekistan in partnership with Turkish International Cooperation and Development Agency (TIKA). The project cost is $1 428 935, of which US$877,935 were allocated by TIKA.