Project detail - BABSON COLLEGE

BABSON COLLEGE

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Who is our client

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.

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 we fund this project

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.

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Date Total FMO financing
12/15/2020 EUR 0.26 MLN
Website client
http://www.babson.edu
Country
Global
Sector
Infrastructure, Manufacturing and Services
Signing date
4/13/2017
Total FMO financing
EUR 0.26 MLN
Fund
ForeignAffairs - CD
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)