Supporting markets offer products and services in support of a range of business functions to actors throughout a value chain. Common services include tax and accounting services, waste management, and information and communications technology services. Value chain actors may also acquire embedded products or services from their buyers or suppliers in the value chain—including equipment supply, input and raw material supply, market information, financing and technical training. Facilitation assistance is often needed to connect a budding demand for supporting market products and services with a nascent or non-existent supply. Supporting-market businesses can be viable sources of assistance to value chain actors that can exist and grow beyond the life of a value chain development project. When supporting-market businesses enter into relations with value chain actors, and recognize that the successes of their respective businesses are intertwined, these relations have the potential to achieve the robustness typified in competitive industries.
Read more about Supporting Markets in the Good Practice Center.