Bursa supports inclusive growth

01 Sep 2010


On August 6, 2010 the UNDP signed a Memorandum of Understanding with Turkey’s largest chamber of commerce and industry to support the development of South-East Europe and the Commonwealth of Independent States.

New Horizons - Working together in the scope of the regional Growing Inclusive Markets Initiative (GIM), the Bursa Chamber of Commerce and Industry (BCCI) and UNDP will host Business Outreach Operations in Turkey. Operations include engaging the private-sector in the country to build awareness for inclusive market business models and approaches, and to broker concrete inclusive market investment projects in Turkey and the target countries of Bosnia and Herzegovina, Egypt, Kazakhstan, Kosovo and Uzbekistan.

In order to promote the inclusive market initiative in Turkey, and the target project countries UNDP and the BCCI will conduct joint advocacy activities on the role of the private sector in development, facilitate linkages between BCCI members and entrepreneurs/SMEs/producers organizations in project countries, assist in successfully brokering investment projects; and organize events that promote the regional GIM project.

The Growing Inclusive Markets (www.growinginclusivemarkets.org) regional project will produce a report highlighting the regional context as well as case studies of successful inclusive business models constituting a source of inspiration for replication of inclusive business models in other countries/sectors. In addition, the project aims to employ inclusive investment brokers in Bosnia and Herzegovina, Egypt Kazakhstan, Kosovo and Uzbekistan and a business outreach coordinator in Turkey to facilitate inclusive market business models.

The regional GIM initiative, was launched in Eastern Europe and the Commonwealth of Independent States (CIS) in partnership with the Turkish International Cooperation & Development Agency (TIKA) to respond to specific regional challenges. A platform led by UNDP, the GIM’s main objective is to catalyze more inclusive markets in the region, through advocating for the development of inclusive business models and an appropriate enabling environment for human progress and development.

Inclusive markets include the poor on the demand side as clients and customers, and/or on the supply side as employees, producers and business owners. The benefits go beyond immediate profits and higher incomes. For businesses, they include driving innovations, building markets and strengthening supply chains. And for the poor they include higher productivity, sustainable earnings and greater empowerment.

After the ceremony, UN Resident Coordinator/UNDP Resident Representative Shahid Najam visited the Bursa Chamber of Commerce and Industry Vocational Training Centre (BUTGEM) The Centre is funded entirely by dedicated industrialists who are trying reduce the supply and demand gap between the government supported vocational education curriculum and the skills and qualifications desired by industrialists. UNDP expressed an interest to prepare a process mapping study about BUTGEM to share BCCI’s successful model with the GIM target countries and other cities in Turkey. Following the visit, Shahid Najam noted that “the guiding principle behind the success of this centre is a devoted team of activist industrialists mobilizing their own resources is to equip future generations with the necessary vocational skills to join the workforce and consequently making a contribution to competitiveness of Bursa”.

With over 30,000 members mainly SMEs in the automotive, construction and textile sectors, the BCCI is an active member of the Global Compact. Also a partner of the Global Compact Network Turkey within its sectoral (automotive) learning and outreach activities, the BCCI aims to strengthen business linkages and facilitate new partnerships in project countries. UNDP will be strengthening and expanding its existing partnership with the BCCI to promote the Growing Inclusive Markets Initiative in Turkey to endorse research and advocacy activities through the BUTGEM vocational training centre and project target countries.