Innovation for Social Change
Switzerland promotes growth of impact-first enterprises in Tanzania through the provision of tailored technical assistance and innovative impact-linked financing (ILF) instruments. Support to enterprises is tied to their potential or proven social impact, measured against the extent of improvements in social and economic well-being among poor youths and young women. Switzerland further promotes strategic policy dialogues, paving way for systemic support to impact-first enterprises.
| Región/País | Tema | Período | Presupuesto |
|---|---|---|---|
|
Tanzania |
Inclusive economic Development nothemedefined
Apoyo a empresas e inclusión económica
Política comercial y sistema de mercado Creación de empleo Financial policy Desarrollo de pequeñas y medianas empresas Diálogo social |
01.07.2020
- 31.08.2027 |
CHF 10’200’000
|
- Enterprises that prioritize positive social and economic benefits, particularly among youth and women, as part of their business models.
- Low-income population (especially youth and women) as customers, suppliers, or employees.
- Access to impact capital is increased in Tanzania as a result of the Catalytic Fund and others engaged in the ecosystem.
- More stakeholders, particularly poor youths and young women, benefit from gainful income-generating opportunities and sustainable livelihoods.
- Impact-first enterprises and impact investors enjoy holistic and systematic support thanks to improvements in acts and policies, timely and accurate communication, better stakeholder coordination, and effective service delivery.
- 250 enterprises receive tailored support in impact identification, monitoring and management.
- Implementing organizations, AlphaMundi (a Swiss-headquartered impact investment firm) and Small Enterprise Assistance Funds (SEAF) have the capacity to effectively deploy Swiss pioneered ILF tools, within and beyond the ISC programme.
- 38 enterprises secure suitable financing to enhance social impact and grow their businesses.
- Tanzania’s enterprise ecosystem is enriched with awareness on the Swiss pioneered ILF tools.
- Tanzania’s enterprising ecosystem experiences quality and timely stakeholder dialogues, outreach events and strategic partnerships.
- There is overall improvement in data availability on social impact to inform policy-making.
- Other international or foreign NGO North
- Sector privado extranjero Norte
- Sector privado extranjero Sur/Este
- Programa de las Naciones Unidas para el Desarrollo
-
Sector según clasificación del comité de ayuda al desarrollo de la OCDE BUSINESS & OTHER SERVICES
POLÍTICA Y REGULACIÓN COMERCIAL
OTROS SERVICIOS E INFRAESTRUCTURAS SOCIALES
SERVICIOS BANCARIOS Y FINANCIEROS
INDUSTRIA
OTROS SERVICIOS E INFRAESTRUCTURAS SOCIALES
INDUSTRIA
Sub-Sector según clasificación del comité de ayuda al desarrollo de la OCDE Business support services and institutions
Política comercial y gestión administrativa
Política de empleo y gestión administrativa
Política financiera y gestión administrativa
Desarrollo PYME
Política de empleo y gestión administrativa
Diálogo social
Desarrollo PYME
Temas transversales El proyecto apoya también mejoras en la organización contraparte
Tipo de ayuda Contribución básica
Mandato sin fondos fiduciarios
Contribución a proyectos y programas
Número de proyecto 7F10512
| Contexto | Small and Medium-sized Enterprises (SMEs) contribute roughly 40% of total employment and 35% of Tanzania’s GDP. Yet, SMEs still face many constraints including inadequate access to capital, regulatory framework, and human capital development. Consequently, Tanzania-based SMEs’ growth rate is often lower than the corresponding failure rate. Women-led SMEs are disproportionately affected, often facing more exclusion from property ownership and access to finance. Whereas the potential from youth engagement is overlooked and undersupported, despite their large population and unique capacity for innovation. Against the backdrop, the Innovation for Social Change programme seeks to support SMEs that prioritize social and economic wellbeing of youth and women – through their operations, products, and services. To achieve the above, capacity building and ILF will be deployed. The rationale behind the intervention strategy is to incentivize beneficiary SMEs to equally embed impact and financial returns as part of their business (growth) models. The Embassy of Switzerland in Tanzania can leverage Switzerland’s political pioneer role in innovative Impact-linked Financing and Private Sector Engagement (PSE) to make this programme a success. |
| Objetivos | The overall goal is to contribute to an ecosystem, in which thriving small and medium sized impact enterprises improve the living standards of Tanzanians, especially poor youth and young women, as customers, suppliers, or employees. |
| Grupos destinarios |
Direct beneficiaries: Indirect but ultimate beneficiaries: |
| Efectos a medio plazo |
|
| Resultados |
Resultados previstos: |
| Dirección / Officina Federal responsable |
COSUDE |
| Crédito |
Cooperación al desarrollo |
| Contrapartes del proyecto |
Contraparte del contrato ONG internacional o extranjera Sector privado Organización de las Naciones Unidas (ONU) |
| Coordinación con otros proyectos y actores | There are potential synergies with Aceli Africa project, which is funded by the Global Programme Food Security (GPFS). The ISC programme is also part of the “Heracles Project”, thereby contributing to SDC’s PSE guidance development. Additionally, a review for synergies with the ongoing support to Ifakara Innovation Hub will be conducted. |
| Presupuesto | Fase en curso Presupuesto suizo CHF 10’200’000 Presupuesto actual suizo ya emitido CHF 4’370’358 |
| Fases del proyecto | Fase 1 01.07.2020 - 31.08.2027 (Fase en curso) |
