This project proposes a five-year, performance-based grant and advisory initiative to advance food fortification among private lead firms in Bangladesh, India, Indonesia, Cambodia, Ethiopia, Kenya, Tanzania, Angola, Nigeria, Sierra Leone, and other targeted countries. The project will support food processors already in IFC’s investment portfolio or pipeline—operating in both unregulated and regulated markets—by increasing the adoption of food fortification, sharing knowledge, and strengthening sector capacity globally. In parallel, the project aims to reduce operational risks and examine the pivotal role of women in driving food fortification efforts within client industries. By actively engaging clients in the broader agenda of food fortification and nutritional improvement, the project will contribute to building a more enabling business environment and support regulatory and sector reforms in collaboration with the World Bank Group and other development partners. The project aims to enhance food fortification practices through three core objectives. First, driving the implementation and expansion of food fortification production lines among IFC investee clients in unregulated and regulated markets by providing performance-based grants. These grants will offset a portion of initial investment costs, with success measured by increased sales and volumes of fortified foods. Second, use food fortification advisory as a lever to improve the performance and efficiency of engaged lead firms. Impact will be demonstrated through higher sales and volumes of fortified foods, reduced operational costs, and lower risk profiles—measured by the implementation and adoption of recommended food fortification and gender-smart practices. Third, strengthening knowledge management and sector capacity building to promote improved food fortification practices in target countries. This will be achieved by raising awareness of the business benefits of better food fortification and nutrition through domestic and regional events, developing and delivering training packages for local service providers to build a cadre of industry experts, and sharing knowledge and support with at least two IFC and/or World Bank Group projects to amplify impact a of IFC nutritional improvement interventions and encourage broader adoption of best food fortification practices across the sector. Led by IFC, the project is being implemented in partnership with the Government of Japan and the Gates Foundation.