PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

602290

Primary Business Area

Other

Disclosure Date

Jul 16, 2017

Country

Country Name Pending

Region

Region Name Pending

IFC Approval Date

Jun 23, 2017

Status

Completed

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Sep 30, 2022

Project Estimated Start Date

Jun 30, 2017

Project Estimated End Date

Jun 15, 2021

Project Description

At the request of the UK-FCO and IFC's client - IFC will be managing the delivery of a technical assistance program to be implemented by the client's Development Program Management Unit. This Program includes a detailed Scope of Work that is designed to help develop the early stage ecosystem in the country of operations. The Scope of Work comprises the following three main components: Component A - Technical Assistance to pipeline start-ups and client's investees of which companies deemed to have high potential for social impact may be considered for direct assistance via a grant allocation to help kick-start or boost operations during its growth phase. Component B - Technical Assistance delivery to startups aimed at helping refine their business ideas and where applicable, their performance as measured by the incremental customer acquisition and increased revenues. Component C - Advocacy efforts (and a media outreach campaign) directed at raising public awareness and ultimately, securing at least 1 policy reform that enables increased entrepreneurship in country of operations.

Development Results

E&S Risks / Impacts and Mitigation