Project profile — Supporting Investment in Least Developed Countries - BUILDER Technical Assistance Facility



Overview 

CA-3-P009842002
$6,800,000
UN Capital Development Fund (UNCDF) (41111)
2022-03-29 - 2027-03-31
Operational
Global Affairs Canada
MFM Global Issues & Dev.Branch

Country / region 

• Africa, regional (60.00%)
• South America, regional (10.00%)
• Asia, regional (30.00%)

Sector 

• Industry: Small and medium-sized enterprises (SME) development (32130) (100.00%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (not targeted)
• Participatory development and good governance (not targeted)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (significant objective)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Disaster Risk Reduction(DRR) (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• Nutrition (not targeted)
• ICT as a tool for development (not targeted)

Description 

This project aims to support progress towards the Sustainable Development Goals in Least Developed Countries (LDCs) and other Official Development Assistance (ODA) eligible countries globally. BUILDER is a responsive technical assistance facility designed to support small- and medium-sized enterprises (SMEs) through the provision of advisory services. The project complements the BUILD Fund, a blended finance vehicle designed to provide financing to SMEs with strong development impact potential. The project provides technical assistance to BUILD investees to strengthen their investment readiness, core business and environmental, social and governance functions and enhance their overall financial and development impact performance. Project activities include: (1) providing investees with pre- and post-investment advice related to core business functions such as finance and accounting, human resources, market identification and environmental, social and governance practices; and (2) supporting monitoring and evaluation activities to better understand the impact of investment and technical assistance on end beneficiaries. The project supports entrepreneurs and business owners, including women business owners, as well as suppliers, consumers and users in target countries through improved access to quality goods and services.

Expected results 

The expected outcomes for this project include: (1) increased flow of finance for sustainable development goal-aligned SMEs, including women-owned SMEs, allowing for investments that would not have otherwise occurred; (2) the creation of sustainable jobs for women and men and the realization of positive economic effects for suppliers, consumers and users, both women and men; and (3) improved viability and demonstration effect of investment in BUILDER markets.

Results achieved 

N/A

Budget and spending 


Original budget $1,775,000
Planned disbursement $1,775,000
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Contributions to specific-purpose programmes and funds managed by implementing partners
Date modified: