A CEPR / DFID Research Initiative

Training entrepreneurs with business skills is important in growing their firms - but can better targeting of training programmes achieve greater returns to policymakers' investments?
The resilience of entrepreneurial activities in the face of violent conflict could be a sign of regressive structural change towards low capital-intensive and subsistence activities.
Combining business registration with an information session at a bank and including the offer of a business bank account leads to increased usage of financial services by female entrepreneurs.
A study of product market integration in Zambia finds substantial within-country market segmentation.
This study employs credit scoring for SMEs and measures the impact of credit on SME growth, both directly for those receiving loans and indirectly for their competitors.

Private Enterprise Development in Low-Income Countries (PEDL) is a joint research initiative of the Centre for Economic Policy Research (CEPR) and the Department For International Development (DFID). It offers a competitive research grants scheme for projects related to the behaviour of firms in Low-Income Countries (LICs) that aim to better understand what determines the strength of market forces driving efficiency in these countries.

Since the launch of the initiative in December 2011, 66 Exploratory Grants, 17 Major Grants and 28 Special Exploratory Grants have been awarded, ranging from business transformation in low-income countries to market incentives and efficiency.

An important criterion for funding of grant proposals is their relevance to policy in Low-Income Countries (LICs) and other eligible countries as defined by the PEDL programme. For more information on our grants, please see our Funding page.