BSR Insight | Partnering with USAID: A Guide for Business
BSR created a guide for the U.S. Agency for International Development that can help companies establish effective collaborations with the agency to promote sustainable development around the world. According to BSR’s research, development partnerships provide business benefits by mitigating risks, creating access to new markets, training workforces, and building relationships with key stakeholders. In addition, partnerships help legitimize a company's development efforts and can double or triple the impact of social investments.
This report provides guidance on each step of the partnership process:
- Make the internal case for partnership: Ascertain the value of a partnership and the business benefits of investing in development.
- Identify areas for strategic investment: Determine objectives, define financial commitments, create a partnership management structure, and find shared priorities.
- Build a successful partnership that delivers the greatest impact: Recommendations include joining existing programs, starting small, and being flexible.
- Prepare for the logistics of starting a partnership: Read tips on organizational structure, and gather contact details and other information to take to your first meeting.
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