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Private Sector Collaboration

  • The Sustainable Development Goals, through Goal 17: Partnerships for the Goals, highlight that multi-actor collaboration is vital to achieve the SDGs. An emphasis on engaging the private sector for development was also established in the Addis Ababa Action Agenda for Financing for Development. 

    ITC strives to realise this call for partnerships through engaging various types of actors, including the private sector. Collaboration can take many forms, but ITC primarily partners with the private sector in three main ways:

    • through mobilising partners’ core business operations and value chains, for example as a market for MSMEs’ goods and services; 
    • through mobilising partners’ social investment and philanthropy for ITC’s projects and clients, for example as co-funders to ITC’s programmes, and as a provider of expertise and in-kind assistance; 
    • through mobilising partners’ capacities for advocacy and policy dialogue; 

    ITC Funders 2015-2017 1

    Supporting inclusive and responsible business models in partnership with ITC offers private actors the opportunity to achieve business objectives while contributing to broader development goals. Collaborating with ITC allows private actors to benefit from enhanced credibility and visibility of social responsibility, access to new markets, suppliers, and market information, as well as increased transparency along supply chains.

    ITC and its private sector partners co-create investment and market opportunities for micro, small and medium sized enterprises (MSMEs) around the world. By helping increase MSMEs’ competitiveness and promoting sustainable and inclusive growth in developing countries, partnering companies and organizations actively help the international community achieve the Sustainable Development Goals.
    SDGs
    For more information, check out our Private Sector Collaboration brochure or contact Ms. Zeynep Ozgen, Senior External Relations and Governance Officer, at ozgen [at] intracen.org.

     

  • ITC partnerships with the private sector

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