Sarah Craig is an Initiative Coordinator with Innovations for Poverty Action’s Small and Medium Enterprise Initiative, based in Washington, DC. She manages a portfolio of impact evaluations of SME and entrepreneurship development programs and supports the SME Initiative’s project development, fundraising, and policy and communications activities. Prior to IPA, Sarah worked for IFC as part of the Access to Finance Global Programs team. Based in Istanbul, she supported projects aimed at increasing access to financial services, including SME banking, microfinance, and micro-insurance. Her previous work experience includes research positions with the Enterprise Initiative at the University of Chicago and with IPA Peru. Sarah received her Master’s in Development Studies from the London School of Economics and a BA in Economics from Carleton College.
Business training programs are a popular tool used by policy-makers to promote SME growth. However, recent evidence suggests that these programs rarely lead to firm growth or job creation. What do we know about how to effectively support SME development?