Business Environment Reform is critical to effectively supporting and fuelling enterprise creation and growth.

A policy and support infrastructure that is sensitive to geographical, cultural, social, political and legal factors as well as economic conditions, will fuel business creation and growth.

To effectively support enterprise creation and growth, the business ecosystem needs to reflect the reality of the enterprises operating within it.

To genuinely support enterprise creation and growth we need to understand and create the conditions and support infrastructure that are needed to drive success, both for the entrepreneurs and their businesses, and this is the difficult part, as solutions simply cannot be ‘die cut’. Every situation, every person involved, has their own unique starting point and set of needs, so building a business environment for the masses is highly likely to only fulfil the needs of the few. The only option, therefore, is wide-scale, deliberate and systematic changes to be made to the conditions in which businesses operate; this is ‘Business Environment Reform’.

Business environment reform is a serious global challenge, but in many cases the knowledge and the ‘know how’ already exists. The quest now, therefore, is to ensure that this growing body of intelligence is recognised, understood and embedded across policy, regulation and institutional structures. This is where ICE comes in.

Read article: What is Business Environment Reform and what does it look like?