Contribution: International Development Assistance Program
WORLD UNIVERSITY SERVICE OF CANADA
$6,600,370.00
Building an entrepreneurial ecosystem in Sri Lanka: program 2023 to 2029
FY 2022-23 · 2023-03-27
Summary
This project helps improve economic well-being especially among women in northern Sri Lanka. It supports transformative change within Sri Lanka’s entrepreneurial ecosystem and contributes to economic empowerment, well-being, and inclusive growth. This project supports the sustainable growth of start-up, early-stage, and growth-stage enterprises for a strengthened gender-responsive entrepreneurial ecosystem. Project activities include: (1) providing gender-responsive and inclusive incubation and acceleration services to targeted entrepreneurs; (2) engaging members of the diaspora communities as coaches and investors; and (3) providing specialized training for fund managers and other stakeholders on Gender Lens investing and impact measurement.
Department
Program
International Development Assistance Program
Recipient
Location
Ottawa | Ottawa, Ontario, Canada
Recipient Type
Not-for-profit organization or charity
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
Belated reporting
Additional Information (French)
Declaration tardive
Agreement End Date
2029-03-31
Agreement Number
7448185 P010713001
Agreement Start Date
2023-03-27
Agreement Title
Building an entrepreneurial ecosystem in Sri Lanka: program 2023 to 2029
Agreement Title (French)
Construire un écosystème entrepreneurial au Sri Lanka – programme 2023 à 2029
Agreement Type
Contribution
Agreement Value
$6,600,370.00
Amendment Number
0
Description
This project helps improve economic well-being especially among women in northern Sri Lanka. It supports transformative change within Sri Lanka’s entrepreneurial ecosystem and contributes to economic empowerment, well-being, and inclusive growth. This project supports the sustainable growth of start-up, early-stage, and growth-stage enterprises for a strengthened gender-responsive entrepreneurial ecosystem. Project activities include: (1) providing gender-responsive and inclusive incubation and acceleration services to targeted entrepreneurs; (2) engaging members of the diaspora communities as coaches and investors; and (3) providing specialized training for fund managers and other stakeholders on Gender Lens investing and impact measurement.
Description (French)
Ce projet contribue à améliorer le bien-être économique, en particulier chez les femmes du nord du Sri Lanka. Il soutient l’adoption de changements transformateurs au sein de l’écosystème entrepreneurial du Sri Lanka et favorise l’autonomisation économique, le bien-être et la croissance inclusive. Il aide les entreprises à croître de façon durable qu’elles soient en phase de démarrage, en phase initiale ou en phase de croissance, en vue de bâtir un écosystème entrepreneurial plus dynamique qui tient compte de la dimension de genre. Les activités du projet comprennent : 1) fournir aux entrepreneurs ciblés des services d’incubation et d’accélération qui tiennent compte de la dimension de genre et qui sont inclusifs; 2) mobiliser les membres des communautés de la diaspora en tant qu’accompagnateurs et investisseurs; 3) offrir une formation spécialisée aux gestionnaires de fonds et aux autres parties prenantes sur l’investissement incorporant une dimension de genre et sur la mesure de l’incidence des investissements.
Expected Results
The expected outcomes of this project include: (1) increased equitable and sustainable growth of start-up, early-stage, and growth-stage enterprises, especially those owned by, operated by, or serving women in the North of Sri Lanka; and (2) strengthened and more equitable gender-transformative entrepreneurial ecosystem in Sri Lanka.
Expected Results (French)
Les résultats escomptés de ce projet comprennent : 1) l’augmentation de la croissance équitable et durable des entreprises en phase de démarrage, en phase initiale et en phase de croissance, en particulier celles qui appartiennent à des femmes, qui sont gérées par des femmes ou qui sont au service des femmes dans le nord du Sri Lanka; 2) un écosystème entrepreneurial plus dynamique et plus équitable qui intègre la dimension de genre au Sri Lanka.
Federal Riding
Ottawa Centre
Federal Riding (French)
Ottawa-Centre
Federal Riding Number
35075
Organization Code
dfatd-maecd
Organization
Global Affairs Canada | Affaires mondiales Canada
Program Name
International Development Assistance Program
Program Name (French)
Programme d'aide au développement international
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.
Program Purpose (French)
L’objectif princial du programme d’aide au développement international du Ministère est de réduire la pauvreté pour les populations qui vivent dans les pays où Affaires mondiales Canada se livre au développement international.
Recipient City
Ottawa | Ottawa
Recipient Country
CA
Recipient Legal Name
WORLD UNIVERSITY SERVICE OF CANADA
Recipient Operating Name
WUSC - World University Service of Canada
Recipient Postal Code
K1Y 4M8
Recipient Province or Territory
ON
Recipient Type
N
Reference Number
064-2024-2025-Q2-00485