Katalyst is among the first major pro-poor market development projects promoting economic growth in the world. Katalyst’s purposes to increase the competitiveness of enterprises (including farms) through strengthened service markets. The project goal is to reduce poverty by increasing the incomes of poor men and women involved in a number of rural and urban sectors.
The project works in partnership with a wide range of private and public sector organizations in bringing maximum impact from the private sector in expanding their businesses and creating new opportunities in terms of growth, jobs, innovative and sustainable solutions. Katalyst does not provide any direct support to Small and Medium Enterprises (SMEs), instead it facilitates their access to markets and helps them work competitively while including the poor as employees, producers and buyers.
The project is in its third phase of implementation starting from March 2013. Its current portfolio comprises of maize, vegetable, fish, seed, fertiliser, media, information and communication technology, and packaging sectors. It is co-funded by the SDC, DFID and Danida and implemented by Swisscontact and GIZ International Services under the umbrella of the Ministry of Commerce, Bangladesh.