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Growing Guyana’s Mature Microenterprise to SMEs through Technical Support, Financial Literacy and Access to Capital

The purpose of the proposed solution is to address and seek to remedy the low levels of business and financial acumen of participants in its nine-month Economic Development Accelerator (EDA). The Accelerator goes well beyond the fundamentals; it is a business leadership development training program that includes technical support and coaching from international experts.

Project Detail

Country

Guyana

Project Number

GY-G1008

Approval Date

November 28, 2022

Project Status

Implementation

Project Type

Investment Grants

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 725,000.00

Country Counterpart Financing

USD 225,000.00

Original Amount Approved

USD 500,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRC/ME-19704-GY Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Contingent Grant Financing
Operation Number GRC/ME-19704-GY
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Contingent Grant Financing

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-595292565-5
Donors Memorandum
GY-T1187 GY-G1008 Donors memorandum.pdf
Jan. 25, 2023
English
https://www.iadb.org/document.cfm?id=EZSHARE-595292565-6
Donors Memorandum
GY-T1187 GY-G1008 Memorando a los donantes.pdf
Jan. 25, 2023
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-595292565-2
Profile
IDEATE 2022-07-18 Public Summary 1131 GY-G1008.pdf
Jul. 18, 2022
English

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