BABSON COLLEGE
Status: Completed investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Babson College will be the recipient of this grant as a part of FMO's partnership with Goldman Sachs Foundation. The ultimate beneficiaries will be female business owners that are clients of two of FMO's client banks.
What is our funding objective?
The aim is to craft a program that adapts existing curriculum and provides delivery training through bank partnerships in order to enhance the growth potential of women owned businesses in a designated set of countries. In addition, this proposal includes the development and implementation of a Measurement and Evaluation system to assess the efficacy of the program.
Why do we fund this investment?
The project is part of a strategic approach to stimulate access to finance for women owned businesses and, at the same time, to enhance their performance through training, capacity building and networking opportunities.
More investments
| Date | Total FMO financing |
|---|---|
| 12/15/2020 | EUR 0.26 MLN |
- Website customer/investment
- http://www.babson.edu
- Country
- Global
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 4/13/2017
- End date
- 1/7/2021
- Total FMO financing
- EUR 0.26 MLN
- Funding
- ForeignAffairs - CD