Katalyst started its operation in Bangladesh in 2003 with Phase 1 of the project. In Phase 1 (2003-2008) the project achieved significant impact to jobs and income by increasing the competitiveness of micro, small and medium-sized enterprises in selected urban and rural sectors. During Phase 1, it helped to create around 200,000 jobs and benefited 700,000 farmers and small businesses, by increasing their access to better services, technology, inputs and representation.
Phase 2 of the project (March 2008 – March 2013) built on the achievements of Phase 1. Its emphasis was to increase the strategic coherence of Katalyst’s market development activities. It focused on a portfolio of agricultural, semi-rural industrial and service sectors with prospects for large-scale impact on the poor, as well as mitigation of environmental, social and gender-related issues. During Phase 2, Katalyst reached out and contributed to the increased competitiveness of around 2.36 million farmers and small businesses, and increased their income by around USD 295 million.
During the first three years of Phase 3, through its sector interventions, Katalyst extensively partnered with private sector organisations in Bangladesh to enhance production and productivity in the country’s fish, vegetables and maize sectors. Through the consorted efforts of the government and other stakeholders, and with contributions made by Katalyst, production has increased substantially in all these three sectors. During Phase 3 (March 2014-March 2017), the project benefited 4.69 million SMEs and farmers with an income increase of USD 689 million.