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SmartCapital

5 Years of Providing Economic Growth Solutions to Albania’s Agriculture.

Out-of-the Box Solutions

for Agribusinesses Growth

 

SmartCapital program has been the most impactful economic growth project in support of Agriculture, SMEs and other cross-sectors in Albania. The program was financed by USAID and implemented by CBS. SmartCapital provided direct technical assistance to over 1,000 agribusinesses, farmers, SMEs and startups, generating $59 million in combination of new investments and financing, creating over 1,500 new jobs, thus boosting an essential sector of the country’s economy.

 

At SmartCapital project, a team of experienced Business Advisors supports Agribusinesses with technical expertise. Thanks to this assistance, $Millions of new Investments have become real opportunities to agribusinesses and local government.

Through this component, SmartCapital helped agribusinesses get a digital way of services that reduce their time, efforts and costs. LORES, a digital loan referral system for SMEs and AgroTrade, an innovative e-commerce platform are transforming the culture of the development of agribusiness sector in Albania.

 

SmartCapital offered a more specialized approach to growing with such services as Business Plans, Digital Marketing, International Food Standards Certifications and Export Readiness services to break the traditional barriers of SMEs.

 

After 5 years of its implementation, SmartCapital has transformed the sector, by bringing a growth perspective that will impact the development of the Albanian agriculture in the years to come. This level of development was reached through constant innovation, adaptation of digital platforms and out-of-the box solutions.

“Three years ago we created the first farm with organic products in Tirana. This helped us to open the first store with organic products "MIA Organic" in Tirana and all over Albania”. "With the help of the project we obtained the Food Safety Certificate Global G.A.P."

Isilda Lila

Mia Organic, Tirana

"My goal was to make hermetically sealed greenhouses. With the assistance of the SmartCapital project, I modernized the agribusiness with technological equipment, increasing production and opportunities to export to regional markets."

Agron Doko

Producer, Fier

“The training as well as the Business Plan we prepared with the experts gave us the opportunity to determine all the directions we needed to take for our product to be successful. And we did it together!”

Silva Subashi

Subashi Olive Oil

General Infographics

1000 SMEs

Provided with Direct Technical Assistance.

$59 million

New Investments and Financing.

1,500

New Jobs Created.

Video

Report

CBS Report

Final Technical Performance Report

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