International Development Grant

Advancing growth innovation and leadership for enterprises

Project Number: CA-3-P014585001

Status: Operational

Country/Region:

Vietnam 100.00%

Maximum Contribution: $10,000,000.00

Start Date: March 07, 2025

End Date: October 31, 2029

Duration: 4.7 years

Project Description

The "Advancing Growth Innovation and Leadership for Enterprises" project implemented by the World university service of Canada aims to increase the resilience of Vietnam’s populations vulnerable to climate change. It aims to drive ecosystem enhancements that lead to increased investment in and support for Vietnamese women-focused climate enterprises. The enterprises entend to offer resilient employment opportunities products and services that help stakeholders adapt to mitigate the negative impacts of climate change. Project activities include: (1) strengthening capacity of BK Holdings and other local enablers in providing business acceleration services for women-focused climate enterprises; (2) working with investors to deploy a challenge grant for the climate enterprises that are ready to attract private capital; and (3) providing trainings and support services for local women`s business support organizations to strengthen their capacity to promote gender lens investing in Vietnam. The project aims to reach 160 ecosystem actors to improve conditions in the climate enterprises business and investment ecosystem in Vietnam. These actors are supported to offer technical assistance and acceleration services to at least 56 european enterprises reaching 2700 employees 23 700 customers and 19 050 value chain actors. The project also provides support to 450 early-stage entrepreneurs through climate entrepreneurship bootcamps. This collective set of interventions is expected to lead to climate adaptation solutions that seeks to reach 90 900 household and community members benefitting 136 960 individuals (75 823 women).

Expected Results

The expected outcomes of this project include: (1) strengthened provision of growth support to Climate Enterprises especially those led by or serving women; (2) increased investment in gender responsive and inclusive Climate Enterprises; and (3) increased deployment of funds using a gender lens by climate investors.

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:

Small and medium-sized enterprises (SME) development 20%
Women's rights organisations and movements and government institutions 20%
Financial policy and administrative management 10%
Business Development Services 20%
Formal sector financial intermediaries 30%

Aid Type: Contributions to specific-purpose programmes and funds managed by implementing partners

Collaboration: Bilateral

Finance Type: Aid grant excluding debt reorganisation

Selection Mechanism:
Unsolicited Proposal

Policy Markers
Level 1 Climate change mitigation
Level 1 Gender equality
Level 2 Environmental sustainability (cross-cutting)
Level 2 Climate Change Adaptation
Major Funding (>$1M)
Budget Breakdown
2026-04-01 to 2027-03-31 $10,000,000 CAD
Geographic Information
000
Project Number: CA-3-P014585001