IFC and SCOPEinsight sign agreement to promote global professionalism in agribusiness

WASHINGTON, SEPTEMBER 29, 2016 – SCOPEinsight, the leading provider of assessment and analysis tools that measure the level of professionalism of scope-insigntfarmers, has signed a cooperation agreement with the International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, to promote global professionalism in agribusiness through use of the SCOPE tools. Through this partnership, IFC will support SCOPEinsight to develop its internal capabilities and promote the SCOPE assessment tools in its advisory engagements with agribusiness clients.

Since 2010 SCOPEinsight has pioneered and developed universally-applicable assessment tools and services for measuring and benchmarking the level of professionalism farmers and farmer organizations in emerging markets. The assessments can beCScope signing.jpg applied across region, sector, crop and farmer segments and the data generated informs a better decision making process to create opportunities in agriculture.

 

 

IFC and SCOPEinsight share the same goal and commitment to farmers’ professionalization and development at scale, based on a common vision, definition and standardized methodology. By increasing their level of professionalism farmers can have access to markets, finance, training and inputs.  IFC has partnered with SCOPEinsight since 2013 and has played a key role in the development of the assessment tools, providing technical and financial support. The tools have subsequently been tested, proven and brought to scale.

 

With this strategic partnership, IFC and SCOPEinsight aim to focus on:

  • The continuous improvement of the existing tools to make them even more user-friendly, cost-efficient and scalable
  • The development of new tools and the possible customization of existing tools to respond to market and clients’ needs
  • The development of an infrastructure to scale up through the launch of an assessor network, and the positioning of the tool as the standard in the agribusiness sector

Tania Lozansky, Global Head of Advisory, Manufacturing Agribusiness and Services at IFC, said “smallholder farmers and farmer organizations play an important role in the supply chains of many of our agribusiness clients. We are pleased to strengthen our partnership with SCOPEinsight because we share the vision that promoting farming as a business is essential to improved smallholder productivity as well as access to finance and markets. To make this effort scalable and cost efficient, we need a set of common metrics for the industry”.

 

“This strategic partnership is a true milestone for a small organization like SCOPEinsight. For the past three years IFC has believed in our mission and has shared our vision. IFC has been a key partner in the development of SCOPEinsight by co-investing in our tools and now SCOPEinsight is IFC’s preferred partner to measure professionalism in agribusiness” said Lucas Simons, Founder and CEO of SCOPEinsight. He added “we look forward to innovating further and advancing professionalism together”

 

IFC has also been instrumental in the setup and launch of the Agribusiness Market Ecosystems Alliance (AMEA). Initiated by SCOPEinsight and co-founded with IFC, ICCO, VECO, NCBA CLUSA, ACDI VOCA and Argidius, AMEA is a global multi-stakeholder platform which aims to provide a standardized and quality-controlled approach to professionalizing farmers. IFC is the chair of the board of AMEA.

 

 

About IFC             

 

 

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly US$19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit http://www.ifc.org  

 

 

About SCOPEinsight    

 

 

SCOPEinsight is the leading provider of assessment and analysis tools that measure the level of professionalism of farmers. SCOPEinsight has the only standardized and scalable approach to measuring and benchmarking how farmers manage their business. Our assessments provide our clients and partners with the business intelligence to create opportunities in agriculture. Since 2010, SCOPEinsight has trained over 160 assessors, has conducted over 1400 assessments in 22 countries spanning 40 agricultural sectors and reaching over 2.1 million farmers worldwide. Our clients include global agri-businesses, NGOs, financial institutions as well as multilateral development and food security organizations. For specific client stories, visit http://www.scopeinsight.com/our-work/  

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