The Cigar Box Method has been developed by Olivier van Lieshout and Anushik Tadevosyan, and is actively being used by agro-entrepreneurs worldwide. Recent examples are from EBRD-sponsored projecysprojects in Morocco, Ukraine, Egypt, Montenegro and Bosnia as well from ITC-sponsored projects in Romania, Armenia, Central Asia, Bangladesh, Senegal, Guinea, Benin, Kenya, Tanzania, Jamaica and Argentina. The method derived its name from Dutch pioneers in the 17th Golden Century who were discussing foreign business deals while sipping coffee and smoking a cigar. When they needed to make quick business calculations, they often used the bottom side of the cigar box to convince investors about the profitability of their business ideas in a quick, concise and convincing manner.<!-- Deleted image removed: [[File:Cigar Box method.JPG|thumb|Cigar Box Scribblings]] -->.