Grants and Contributions:
Title:
Leveraging Vietnam’s Social Impact Business Ecosystem in Response to COVID-19
Agreement Number:
7427014 P009443001
Agreement Value:
$3,000,000.00
Agreement Date:
Mar 8, 2021 - Apr 30, 2024
Description:
The project aims to increase the resilience of vulnerable groups, including women and girls, to COVID-19 impacts in Vietnam through the enhancement of Social Impact Businesses (SIBs), the SIB ecosystem and its regulatory environment. SIBs are organizations that combine their business models with the commitment to generate positive social and environmental impacts. They often deliver innovative business solutions that target sustainable development and can help mitigate the effects of COVID-19 on vulnerable groups, by creating jobs and livelihoods, and contributing to the delivery of essential services. The project will help SIBs manage disruptions caused by the pandemic and strengthen the broader ecosystem. Project activities include: (1) increasing access to business development services, finance, and market access support for SIBs, especially those led by women and vulnerable groups; (2) establishing and implementing a national network of SIB intermediaries; (3) building capacity and providing technical assistance to SIB intermediaries; and (4) building capacity and policy support to the government to build a gender-responsive, inclusive and transparent regulatory framework to support SIBs.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes for this project include: (1) improved capacity of SIBs, especially those led by women and vulnerable groups, on sustainable business development and financing; (2) improved ecosystem of intermediaries supporting SIBs, especially those led by women and vulnerable groups; and (3) strengthened capacity of the government to enable a gender-responsive, inclusive and transparent regulatory environment that supports the resilience of SIBs.
Location:
Tunis, TN
Reference Number:
064-2020-2021-Q4-00316
Agreement Type:
Grant
Report Type:
Grants and Contributions
Recipient Type:
Not-for-profit organization or charity
Recipient's Legal Name:
UNITED NATIONS DEVELOPMENT PROGRAMM
Program:
International Development Assistance Program
Program Purpose:
The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.