The project will seek to develop, launch and implement a program in Sri Lanka aimed at improving the capacity of Financial Institutions, and thus support Sri Lanka financial sector clients in delivering high-quality skills-building services (business management) to their client Micro Small and Medium Enterprises as a COVID-19 response project. The project will build strong local MSME skills markets and by leveraging the tools and resources of IFC global and regional skills programs. It will focus on strengthening the quality and consistency of trainers and training programs in Sri Lanka by growing the pool of highly skilled trainers and equipping them with critical knowledge, best practices and guidelines on conducting training delivery in Sri Lanka. Objectives: 1. The project will deliver advisory services to 10,000 MSMEs, of which at least 35% should be woman owned, as there is a specific focus on women owned MSMEs. The advisory services will facilitate the development, launch and implementation of business training-support in partnership with at least two IFC partner financial institutions and at least one non-financial institution. 2. Translate the IFC Principals for Learning to local language and promote the Guide to Training for the Sri Lanka context. 3. Utilize IFC skills-development products and resources to build the capacity of 25 local advisory service providers (LASPs) and obtain IFC-LPI TPMA Certification, an internationally recognized certificate of training competence.

Indicator	Cumulative
Number of trainers trained	24
Number of participants in workshops, training events, seminars, conferences, etc.	2418
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed	8
Number of women participants in workshops, training events, seminars, conferences, etc.	507
Number of workshops, training events, seminars, conferences, etc.	324
Number of training modules and new products developed	null

Performance Standard	Description and Potential Impact	Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts	As part of its Due Diligence, and as mandated by IFC Sustainability Policy, IFC team will screen the project to assess consistency with IFCs Performance Standards. Environment and social risks will be further reviewed throughout the life cycle of the project.	IFC advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client in gaining a good understanding of IFCs Performance Standards and provide recommendations for appropriate mitigation measures whenever warranted.