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Economic Growth

The economic growth factor reflects any increase in a company's income, including through increased market share, or access to new markets. It may include:

   Increased revenues due to the improvement of an existing product or the introduction of
    a new product resulting from sustainable development-based initiatives (e.g. sales of
    waste or by-products, emission trading, eco-tourism)

   Improved and/or more secure access to international and domestic markets/customers
    from sustainably harvested or produced goods

   Given preference as a supplier due to environmental or social criteria

   Access to new markets by innovatively filling a social, economic or environmental need
    which was previously overlooked

   Increased revenues created through supporting the development of the local market

   The ability to charge premium prices for more sustainable products


For companies sponsoring Mayflower initiatives especially those of Health, Empowerment and Community development we anticipate a strong potential for economic growth
 

Companies sponsoring Mayflower have the potential to gain business benefit from

1.   Revenue growth
2.   Product Innovation and Development
3.   Market Access

Companies sponsoring Mayflower can expect benefits in 6 major areas:

ECONOMIC GROWTH
SAVINGS
ACCESS TO CAPITAL
RISK MANAGEMENT
PUBLIC PERCEPTION
HUMAN CAPITAL

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A Better Day In Lagos” is a portfolio of CSR programmes in Ebute-Metta, Lagos Mainland, set up by The Mayflower Foundation

©2009 The Mayflower Foundation all rights reserved

Contact Mayflower Foundation here

Initiated by Lagos State Signage and Advertisement Agency

Contact LASAA here

Visit LASAA website
Visit New Era Partners website

Mayflower concept, design and management by New Era Partners

Contact New Era Partners here