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ComponentPurposeExamples (if necessary)
Information TechnologyCenter To provide a facility for assisted individual researchand training in any availablearea.To provide a facility toincubate entrepreneurialideas and skills.English training software;Better methods of  production.To disseminate informationnecessary to the optimalfunctioning of the localsociety and economy.Regional market prices and projected global prices of locally produced goods; Weather reports;Available governmentassistance programs;Affordable insurance.InformationTechnology Center MicrofinanceBank Participatory ResearchGroup Need based Enterprise Development
 
Participatory ResearchGroupTo gather and maintainqualitative and quantitativedata about local conditions.To act as think tank concerning opportunities toincrease local welfareApply for grants and loansto fund more focused projects;Identify needs that can beaddressed byentrepreneurship.To act as a base for Participatory ApprovalBoard of the Microfinance bank Microfinance BankTo fund enterprises deemedto provide for a communityneedRoof making;Drinking and cooking water supply service.To fund enterprises found to be a good opportunity toincrease local incomeTransport to bring touristson explorations. Need based Enterprise Incubation for Economic Development schema has beendeveloped in response to criticisms of current and past development practices, aimingmake an effective and practical plan to increase sustainable intra-local economiclinkages, as well as local linkages to all levels of economy. The project is designed tointegrate two ubiquitous trends in the development discourse –Microfinance andParticipation – and one practice showing enormous potential – the InformationTechnology Center (sometimes called a Village Information Shop). The synthesis of these three development tactics results in a promising vision: local economies developedon human-scale business that attempt to meet local needs and opportunities, spurred andmanaged by intrinsic enthusiasm and ownership, and reliant on and nourishing theingenuity of the local peoples.The process:
 
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The ITC is established by the start up team that begins to research the localitythrough all available manners, including the initiation of a Participatory ResearchGroup.
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Local researchers, ITC and Microfinance Bank staff should be identified andtrained.
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 Needs and Opportunities are established through Participatory Rural Appraisalactivities.
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The ITC adapts its information dissemination and training sessions accordingly.
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The Microfinance Bank is established with a Participatory Approval Board withmemberships based on the Participatory Research Group.
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Loan applicants are submitted to the Board
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The Board votes on applications considering fit with local needs andopportunities and capacity of the entrepreneurs as primary considerations.
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Approved loan applicants utilize the ITC for training and networking.A local person, otherwise finding dim opportunities for income, can participate in theresearch group, helping to identify needs and opportunities in the local economy.Based on a need or opportunity that he/she has a personal affinity for (ex: brick making, trap making, irrigation making, cheap clothing retail, produce distributionservice), he/she can research the most effective way to produce his/her product, or  provide his/her service. The prospective entrepreneur can also be trained in andresearch proper business planning and management. Upon completing research or training and assessing feasibility, he/she can apply for a loan from the MicrofinanceBank component. The Participatory Approval Board will note that the enterprise isgrounded in local need and opportunity, and that the prospective entrepreneur hasspent time and effort to understand all aspects of running the potential business. Thefunded entrepreneur can then use the ITC to train prospective employees, and toresearch opportunities for geographical expansion, regional distribution, or exportmarkets.
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04 / 13 / 2011<span class="translation_missing">en_US, this_document_made_it_onto_the</span>Rising List!
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