Pro-poor growth of rural enterprises through sustainable skills-development- PROGRESS

04.10.2020

PROJECT FACTSHEET

 

 

Title

Pro-poor growth of rural enterprises through sustainable skills-development- PROGRESS

The project aims to develop dynamic and competitive micro and cottage Light Engineering (LE) enterprises in rural markets of Bangladesh as well as ensuring inclusive and sustainable market development of this sector. The project offers business development and enhanced management capacity of existing enterprises and the owners, strengthening the skills and employability of workers through apprenticeship, and value chain interventions including establishing networks of market committees to connect with regional and national businesses and trade associations.

Duration

From 1/3/2017 to 29/2/2020 (36 months)

Budget (Euro)

Total costs EUR 5,463,451.00, EU contribution EUR 4,917,106

Locations

42 districts of Bangladesh

Implementing Organization (s)

Building Resources Across Communities (BRAC)

Objectives

Outcome (Specific Objectives) and Outputs (Expected results)

 

 Overall objective: To reduce poverty across Bangladesh by promoting pro-poor growth through engagement of disadvantaged youth in decent work opportunities and development of inclusive & sustainable markets.

Specific objective: To enhance the development of micro and cottage enterprises at the rural areas, managed by skilled entrepreneurs and employing skilled workers, contributing to effective and sustainable market in the light engineering sector in 42 districts in Bangladesh.

Expected results:

  • Higher productivity and economic gains through value chain development and technical up gradation of 5000 micro and cottage enterprises in the Light Engineering Sector.
  • Enhanced employable skills and decent employment opportunities of 10,000 disadvantaged youth, especially young women and persons with disabilities (PWD).
  • 500 new entrepreneurs established businesses in the Light Engineering Sector, employing a total of 1,000 workers. 
  • 700 Market Committees strengthened and networks established with local and national level trade associations, reaching 70,000 workers in the informal sector providing increased opportunities for access to formal markets.

Target group(s)

5000 micro and cottage in the light engineering sector employing 15000 workers, 10000 youth from marginalized communities in rural Bangladesh including 40% female, 10% PWD.

Final beneficiaries

Local level: 90,000 beneficiaries. 700 market committees (MC) and 500 members of local trade associations, 70,000 workers and enterprise owners of selected markets, 20,000 influential family members of selected youth, 500 members of local organizations providing skill training, members of financial institutions. National Level: Members of National Skills Development Councils (NSDC), Bangladesh Technical Education Board (BTEB), Light Engineering Industry Skills Council, Informal Industry Skills Council, Ministry of Industries of the Government of the People’s Republic of Bangladesh, Bangladesh Women Chamber of Commerce and Industries (BWCCI),SME Foundation, Ministry of Women and Children Affairs (MoWCA), Bangladesh Bank, Department of Youth Development.