economic development

promoting small enterprise

Small and medium-sized businesses drive economic growth and job creation in any community. Helping to develop these businesses contributes to the overall prosperity of the communities where we work. We help entrepreneurs by supporting business development and incubator programs, funding job skills training, and providing access to credit and markets.

empowering women in latin america

Many of Chevron’s economic development projects focus on promoting equality and economic empowerment for women. We partner with local nonprofits and nongovernmental organizations to provide micro loans, financial education and job training for women. We believe that when women are empowered, whole families see the benefits, and we think those benefits have positive effects upon future generations.

Read our Empowering Women in Latin America case study.

empowering women in Brazil

empowering women in Brazil

Since 2011, more than 10,000 women throughout Latin America have received job training, skills development and small-business microloans through Chevron-supported women’s empowerment programs. Chevron Brazil’s partnership with the Community Inclusion Project, based in Itapemirim, Espírito Santo, Brazil, enables women to develop business skills that lead to sustainable livelihoods for themselves and their families.

empowering women in Myanmar

Implemented in long-term partnership with Pact in Myanmar, the Sustainable Health Improvement and Empowerment (SHINE) program empowers communities to adopt behaviors to improve their health status and increases access to livelihood opportunities. The program has reached more than 1.2 million people across 1,476 villages in 13 townships. To date, SHINE has trained 10,717 community health volunteers to help ensure sustainable health improvements in communities. The Village Health Development Fund supports more than 812,000 people to improve access to health care and help finance village development programs. More than 14,000 women have engaged in saving and empowerment programs that can help them earn 15 percent interest on savings.

In May 2014, Chevron/UNOCAL Myanmar signed a public-private partnership agreement with the U.S. Agency for International Development and Pact Myanmar to launch the second phase of the SHINE program. The $3 million, three-year project is focused on women's economic empowerment through the establishment of Village Health and Development Funds targeted toward maternal, newborn and child health; tuberculosis; water and sanitation; and microfinance.

how we're supporting entrepreneurs around the world

I-SEED: Innovations – Social Entrepreneurship and Education is a partnership project of the British Council and Chevron, launched in 2013. The aim of the project is to equip a core group of social entrepreneurship pioneers with the skills, knowledge and support network (local and international) they need in order to create sustainable solutions to social problems faced by their communities using the social entrepreneurship model. Participants are young, socially engaged Kazakhstanis, aged 18 through 29, who are inspired to create positive change in their communities. The project also helps young people gain more confidence, develop their soft skills and become more competitive in the job market.

Chevron supports entrepreneurs with a comprehensive training program to help them create and maintain their own business and improve their living conditions. In 10 years, the program has trained more than 7,000 people—63 percent of whom have been women—and has provided loans totaling $2.6 million. These programs are carried out in four states across the country.

In Indonesia, Chevron’s multiyear PRISMA (Promoting Sustainable Integrated Farming, Small Enterprise Cluster and Microfinance Access) program provides small grants, capacity building, training, technical assistance and access to loans through microfinance institutions to local farmer groups, small businesses and cooperatives in 11 regencies and cities in Riau, East Kalimantan and West Java. By the end of 2016, the PRISMA program supported more than 1,500 beneficiaries. The program covers 36 sectors, including agriculture, fishery and processed foods. Through PRISMA, we also helped establish four centers for small and medium enterprises in Riau, West Java and East Kalimantan. They serve as business consulting centers as well as trading houses that display more than 200 products, including locally made handicrafts, food and snacks, batik, and weaving clothes.

A business incubator was launched in Luanda in 2014 with four representatives from the National Institute of Small and Medium Enterprises and 10 mentors from Chevron. In 2015, more than $300,000 was invested to provide 30 promising entrepreneurs with access to the skills, markets and financing needed to launch projects focused on education, business-to-business service provision and health.