International Development Grant

Building an entrepreneurial ecosystem in Sri Lanka: program 2023 to 2029

Project Number: CA-3-P010713001

Status: Operational

Country/Region:

Sri Lanka 100.00%

Maximum Contribution: $6,700,000.00

Start Date: March 27, 2023

End Date: March 01, 2029

Duration: 5.9 years

Project 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.

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.

Key Information

Executing Agency:
WUSC - World University Service of Canada

Reporting Organization:
Global Affairs Canada

Program:
OGM Indo-Pacific

Last Modified:
September 19, 2025

Development Classifications

DAC Sector:

Formal sector financial intermediaries 25%
Business Development Services 25%
Small and medium-sized enterprises (SME) development 50%

Aid Type: Project-type interventions

Collaboration: Bilateral

Finance Type: Aid grant excluding debt reorganisation

Selection Mechanism:
Unsolicited Proposal

Policy Markers
Level 1 Gender equality
Level 1 Environmental sustainability (cross-cutting)
Level 1 Youth Issues
Major Funding (>$1M)
Budget Breakdown
2022-04-01 to 2023-03-31 $6,700,000 CAD
Geographic Information
000
Project Number: CA-3-P010713001