Abstract
This research examines whether large language models (LLMs) can provide scalable, AI-driven mentorship to entrepreneurs in emerging markets, with a focus on Uganda. Entrepreneurship is critical for economic development and poverty alleviation, yet many entrepreneurs in emerging markets lack access to high-quality mentorship, training, and market-oriented guidance. We therefore investigate whether LLMs can serve as effective surrogate mentors that help entrepreneurs improve their market understanding and stimulate demand.
We study this question through a randomized controlled trial with entrepreneurs in Kampala, Uganda. Following a baseline survey, participants were randomly assigned to two equal-sized groups: a treatment group and a control group. Entrepreneurs in the treatment group receive access to a customized LLM designed to support market perception, customer understanding, and demand generation. We measure changes in business practices and performance through multiple post-intervention survey rounds.