Innovation is one of the driving forces in development. However, innovation can be expensive and at times risky, which oſten prevents or delays the emergence of important new ideas. That is why Katalyst project has launched the Innovation Fund initiative, a grant delivery mechanism to spur and encourage innovations in Bangladesh’s agri-business sector that ultimately benefit poor farmers across Bangladesh.

The goal of both of this report is to draw lessons from Katalyst’s experience which could be used more broadly. As the private sector assumes a more significant role in the architecture of development it is important to understand more clearly what benefits companies might get from greater engagement; and also what actions work best to facilitate inclusive market approaches.

This video campaign shows how the successful Katalyst Market Development Project in Bangladesh is facilitating access to high-value products, services and local sales markets. At the heart of this campaign is a new video featuring the cricket heroine Salma Khatun.

Katalyst, one of the leading market development programs in Bangladesh, wanted to investigate the scope for growth of agro-food processing industry in Bangladesh and define the interventions that could facilitate the growth by addressing the key barriers for growth and competitiveness. The study began with identifying prospective subsectors to analyse and understand the subsector-specific and overarching constraints and opportunities.

Inclusive Market Development (IMD) has potential to promote the economic development of the country through the collaborative efforts of different stakeholders (both public and private), by establishing new norms, delivering well-targeted programmes, and providing support to accelerate the pace of change. 

Building on this potential, Katalyst’s Women’s Economic Empowement (WEE) sector designed an intervention to provide training in modern prawn cultivation techniques and input and create linkages between feed and aqua-chemical companies with women prawn farmers of the Jessore-Khulna Bagerhat Satkhira Narail belt. Through this intervention, 22,170 women farmers have improved access to quality inputs and relevant know-how.

The study made a rigorous analysis of the production and export performance of the sector, challenges accompanying vegetables exports, backward and forward supply chain issues and requirements at the export destinations, and an assessment of government policies to address the supply side constraints in the vegetables exports.

Agriculture is among the most risk-prone sectors in the economies of Central Asia. Production shocks from weather, pests and diseases and adverse movements in agricultural product and input prices not only impact farmers and agri-business firms, but can also strain government finances. Some of these risks are small and localized and can be managed by producers. Others are the result of more severe, exogenous shocks outside agriculture that require a broader response.

Over the past quarter century, Vietnam’s agricultural sector has made enormous progress. Vietnam’s performance in terms of agricultural yields, output, and exports, however, has been more impressive than its gains in efficiency, farmer welfare, and product quality. Vietnamese agriculture now sits at a turning point. The agricultural sector now faces growing domestic competition - from cities, industry, and services - for labor, land, and water. Rising labor costs are beginning to inhibit the sector’s ability to compete globally as a low cost producer of bulk undifferentiated commodities.

Over the last 20 years, poor rural farmers in Nigeria have seen the benefits of community organization as a tool for local economic development under the National Fadama Development Project series. They have witnessed improvements in rural areas that have embraced a more inclusive and participatory model of local economic decision making. Many communities have come together under the umbrella of new institutional arrangements for addressing local issues. These arrangements have visibly improved economic conditions, boosted agricultural incomes, and helped reduce rural poverty.