TechnoServe
From Wikipedia, the free encyclopedia
 | |
| Company type | Nonprofit organization |
|---|---|
| Founded | 1968 |
| Founder | Edward P. Bullard |
| Headquarters | Washington, D.C., United States |
Area served | 29 countries[1] |
Key people | William Warshauer, President and CEO Paul E. Tierney Jr., Chairman |
| Revenue | 85,197,660 United States dollar (2016)  |
| Total assets | 102,404,868 United States dollar (2022) |
Number of employees | 1,540[2] |
| Website | technoserve.org |
TechnoServe is an international nonprofit that promotes business services for poverty in the developing world. It is a registered 501(c)(3) based in Washington, D.C., with over 1,540 employees across 29 countries worldwide.[3]
Early years
TechnoServe was founded in 1968 by businessman and philanthropist Ed Bullard after his experience volunteering at a hospital in rural Ghana.[4] He was inspired to start an organization that would help hardworking people harness the power of private enterprise to lift themselves out of poverty. Bullard launched TechnoServe – short for “technology in the service of mankind” – in 1968 to help poor people by connecting them to information and market opportunities.
In 1969, TechnoServe undertook its first project, assisting the construction of a 2,000 square foot feed mill for the production of poultry and eggs in Honduras. TechnoServe helped locate sources of capital and an experienced feed mill operator to direct the first nine months of operation in order to secure the project’s growth and success.
By 1971, TechnoServe had begun work in several other countries across Latin America, the Caribbean and Africa. These early efforts marked the beginning of what would proliferate into more comprehensive projects across the globe over the next several decades.