Providing Entrepreneurship Training and Cash Business Grants to Venezuelan Migrants in Peru
More than 20,000 individuals across households who receive SC’s emergency cash support will be offered entrepreneurship training and grants. SC will randomly assign 2,700 individuals amongst those who expressed an interest to receive business trainings. Upon completion of these trainings, SC will invite all 2,700 individuals to submit a business plan and will further narrow the group to 1,670 individuals with the most viable business plans to receive microgrants.
Researchers will conduct three surveys during and after the year–long intervention to assess whether the microgrants and training had any impact on migrants’ businesses, food security, income, and health indicators. Researchers will also analyze data to determine whether it allows them to predict individuals with high-potential.
For displaced migrants, running an enterprise may be a promising opportunity to attain a stable livelihood in their host country. However, they may need access to finances and training to successfully run an enterprise. In Peru, researchers are delivering cash grants and business training to Venezuelan entrepreneurs and assessing the impacts of enterprises as well as food security and income.