Business plan competitions aim to identify and support high-growth entrepreneurs. We embed two experiments in a Kenyan competition to test how selection intensity and grant size determine entrepreneurial outcomes. Applicants received either a US$9,000 grant after a streamlined process, or went through multiple stages and were randomly assigned US$9,000 or US$36,000. All grants generated jobs, but impacts on firm performance only persist over three years under multi-stage selection. The larger grants did not yield significantly greater long-term impacts than the multi-stage US$9,000 grant, suggesting diminishing returns and limited lumpy investment opportunities. Selection, rather than grant size, determines long-run firm growth.
| Repository name | URI |
|---|---|
| Reproducible Research Repository (World Bank) | https://reproducibility.worldbank.org |
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| Author | Affiliation | |
|---|---|---|
| Celine Coffka | World Bank | celine.koffka@gmail.com |
| Francisco Campos | World Bank | fcampos@worldbank.org |
| Abla Safir | World Bank | asafir@worldbank.org |
| David McKenzie | World Bank | dmckenzie@worldbank.org |
| Bilal Zia | Duoilngo | bilal@duolingo.com |
2026-06-24
| Location | Code |
|---|---|
| Kenya | KEN |
The materials in the reproducibility packages are distributed as they were prepared by the staff of the International Bank for Reconstruction and Development/The World Bank. The findings, interpretations, and conclusions expressed in this event do not necessarily reflect the views of the World Bank, the Executive Directors of the World Bank, or the governments they represent. The World Bank does not guarantee the accuracy of the materials included in the reproducibility package.
| Name | URI |
|---|---|
| MIT License | https://opensource.org/license/mit |
| World Bank IGO Rider | https://github.com/worldbank/metadata-editor/blob/main/WB-IGO-RIDER.md |
| Name | Affiliation | |
|---|---|---|
| Celine Coffka | World Bank | celine.koffka@gmail.com |
| Reproducibility WBG | World Bank | reproducibility@worldbank.org |
| Name | Abbreviation | Affiliation | Role |
|---|---|---|---|
| Reproducibility WBG | DECDI | World Bank - Development Impact Department | Verification and preparation of metadata |
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