Tenders Are Invited For Needs For Non-Financial Services For Micro; Small And Medium Enterprises (Msmes) In Ivory Coast

Tenders are invited for Needs for Non-Financial Services for Micro; Small and Medium Enterprises (Msmes) in Ivory Coast The scope of work will entail:1.Mapping the MSME marketa) Identify the size of the MSME and its split by (i) size (i.e. micro; small and medium leveraging number of employees; assets; sales); (ii) formal/informal; (iii) sector/ industry; (iv) rural/ urban; (v) women owned; (vi) and average years in business.b) Investigate if there are any trends in terms of new growth sectors and new markets for MSMEs. 1.Mapping MSME ecosystem players to identify potential partners for IFCs client.2.1.Map top 20 international organizations/programs that focus on MSME economic empowerment and/or access to finance and non-financial services. Identify the key products/services offered by those organizations/programs. Categorize the type of partnership those organizations can have with IFCs client (i.e.; provision of services; funder of services; promotion of services etc.). 3. Assess the demand for NFS and financing needs of MSMEs by segment.For each MSME segment:a. Understand the constraints to starting; operating and growing businesses; and how these can be addressed with NFS including identifying the types of NFS products/services needed. b. Identify the top challenges informal businesses face to become formal. Classify by average years in business and size (number of employees; assets; sales).c. Assess familiarity with existing schemes and programs that target them.d. Assess perception with respect to the NFS services offered by IFCs client (e.g. challenges in accessing the services; quality of services; areas to improve; price etc.).e. Identify knowledge of different types of financing and non-financing products/services available; their preferred products/services; their constraints in accessing financial services and non-financial servicesf. Quantify the demand of each identified non-financial and financial products/services.g. Measure the propension to pay (willing to pay) for specifics services to MSMEs and identify the profile of those MSMEs in the context of business model formulation. To achieve the abovementioned market research objectives and scope of work; the research methodology should include; but not limited to; the following:1- Secondary research: desk research of secondary available external (public and private) information to identify MSMEs segment market opportunities and ecosystem players. 2- Primary Research: qualitative research through conducting focus groups and/or in-depth interviews. The consulting firm will be expected to conduct a a. (a) first wave of 12 focus groups for 4 segments (3 FGD per segment with 8 10 participants each) to assess the non-financial and financial needs of MSMEs b. (b) second wave of 4 6 FGD in selected areas and sectors to assess their relevance of the proposed CVP. c. Quantitative research through collecting data from sample of MSMEs The consulting firm should ensure that the primary research sample is representative of the MSME markets sub-segments and of the geographical distribution (by governorate/region); formal/informal; banked/unbanked; industry; size (number of employees; assets; sales); and average years in business. The selection criteria for research participants will be discussed with IFC prior to embarking on the research exercise.Set of criteria to be considered when selecting MSME participants:a) Level of revenues / level of literacy / level of education / formal and informal / banked and unbanked.b) Different sizes of enterprises: micro; small and medium and in different growth stages: early-stage min 1 year in business; management stage up to 5 years in business and growth stage above 5 years in business and is scaling.c) Different sectors: manufacturing; agriculture; construction; mining; transportation; services; trade; healthcare; including the tertiary sector; the digital economy; logistics and the cultural and creative industry etc.d) Include self-employed: tradespeople and artisans; young entrepreneurs; start-ups; professionals; in both formal and informal sectors.e) Geography: Urban and rural areasf) Gender split: 70% males and 30% femalesThe consulting firm should ensure quality assurance procedures are well established throughout the market research process; and provide reliable results and findings for informed decision making. Tender Link : http://www.worldbank.org/en/about/corporate-procurement/business-opportunities/administrative-procurement?order=desc