International Development Grant
Catalyzing Women’s Entrepreneurship - Creating a Gender-Responsive Entrepreneurial Ecosystem
Project Number: CA-3-D004857001
Status: Closed
Country/Region: Unknown
Regional Focus:
Maximum Contribution: $13,900,000.00
Start Date: March 28, 2018
End Date: June 29, 2024
Duration: 6.3 years
Project Description
The project aims to advance women’s economic empowerment and contribute to poverty reduction in the Asia-Pacific region. It is designed to address the challenges that women-owned micro small and medium-sized enterprises face in growing their businesses including access to finance and new technologies. It is designed to increase women’s access to capital through innovative financing mechanisms and women entrepreneurs’ use of business development services and financial technologies. Project activities include: (1) technical assistance to support innovative financing mechanisms to develop targeted products for women entrepreneurs including bonds impact investment funds and financial technology platforms; (2) advisory support and capacity building for policymakers on regulatory frameworks for digital finance; (3) training for women entrepreneurs on using information and communications technologies to plan manage and grow their businesses; and (4) training for policymakers on developing implementing and monitoring gender-responsive entrepreneurship initiatives and developing policy frameworks for innovative finance mechanisms.
Expected Results
The expected outcomes for this project include: (1) increased access to finance for women entrepreneurs through innovative financing approaches; (2) increased use of information and communication technologies by women entrepreneurs; and (3) strengthened enabling environment for the advancement of women entrepreneurs.
Progress & Results Achieved
Results achieved at the end of the project (March 2025) include: (1) supported up to 5 innovative finance mechanisms that mobilized US $ 111 million in private capital for investment in women-led enterprises in Bangladesh Cambodia Fiji Nepal Samoa and Viet Nam; (2) supported over 15 Fintech and digital start-up firms that enabled more than 161 000 women-led micro small and medium-size enterprises (MSMEs) to access financial and digital solutions; (3) organized policy forums that enhanced the understanding of 219 policymakers on the challenges and solutions for women entrepreneurs; (4) supported the development of 14 policy initiatives to promote enabling environments for the growth of women-led MSMEs; and (5) improved policy environments benefitting 226 383 women entrepreneurs and indirectly benefitting 1 015 879 people including employees family members and women and men. This includes improving access to information resources easing business registration processes access to financial services and addressing related institutional barriers to women’s entrepreneurship.
Key Information
Executing Agency:
ESCAP - Economic and Social Commission for Asia and the Pacific
Reporting Organization:
Global Affairs Canada
Program:
YFMInternaAssistPartnershp&Programing Br
Last Modified:
September 19, 2025
Development Classifications
DAC Sector:
Aid Type: Project-type interventions
Collaboration: Bilateral
Finance Type: Aid grant excluding debt reorganisation
Selection Mechanism:
Department-Initiated