• Light up start-up opportunities
  • Light up start-up opportunities
  • Light up start-up opportunities
  • Light up start-up opportunities

    Value Chain Service Provider to Value Chain Idea Contest (VCIC)

    PERIOD:  2019- 2021

    INTRODUCTION                                                                     

    The Second Australian-World Bank Partnership (ABP II), Ethnic Minority Pillar  supports CEMA to organise the Value Chain Idea Contest (VCIC) to seek and support the implementation of innovative business development and enabling ideas through value chain approach for poverty reduction, boosting prosperity and socio-economic development for ethnic minorities in the country.

    CRED is contracted by the World Bank to provide technical advisory services for the VCIC’s beneficiaries to implement their pilot projects, as well as monitoring and evaluating the achievements of results under the pilot.


    KEY PARTNER

    • Committee for Ethnic Minorities Affairs (CEMA)

    OBJECTIVES

    1. Increasing participation and benefits from value chain opportunities for ethnic minorities;
    2. Creating an enabling environment for the development of value chains benefiting ethnic minorities, especially women and youth.

    APPROACHES

    • Value Chain Development (VCD) and Market System Development (MSD) are used to tackle market failures and strengthen the private sector in a way that creates large-scale, lasting benefits for the poor;
    • Gender Equality and Social Inclusion aims to enhance ethnic minority women and youth to achieve economic advancement; ie.better access to opportunities, skill development, services and jobs; and
    • Integrated Monitoring, Evaluation and Learning (MEL) will serve for data collection, project progress update, reporting, and for the learning process of all stakeholders including donors, program beneficiaries.

     RESULTS

    • 25 VCIC candidates are trained, coached and supported to develop business and start-up plans;
    • Analysis of selected value chains to identify investment needs, technical supports, business development services including product certifications, access to finance, branding and marketing, etc.;
    • Successful implementation of 8 pilot projects with the technical advisory services from CRED;
    • M&E and learning system for VCIC is in place and used for policy dialogue and advisory activities;
    • VCIC funds are managed in compliance with donor financial regulations.

     

     

    FUNDED BY

     IMPLEMENTED BY

    Other project

    Workshop on Sustainable Cinnamon Development
    On May 11 th, 2022, the Center for Rural Economy Development (CRED), through BioTrade project supported by the Swiss State Secretariat for Economic Affairs (SECO),...
    Workshop on Advances in Raw Material of Sustainable Cinnamon in Yen Bai
    On April 22, a workshop to introduce pilot activities to develop a sustainable cinnamon material area was held at the headquarters of the Forest...
    Australian Ambassador’s visit to Son La- A great honor for Bamboo shoot project
    During the official business trip to Son La province on April 12, 2022 of the Australian Ambassador - Ms. Robyn Mudie, the Bamboo Shoot...
    Communicate to change minds by using photovoice in Bamboo Shoot project
    With the goal of communicating for members of the cooperative group to be aware of changes in gender equality and the potential for the...
    New opportunities for Lao Cai & Son La tourism at Vietnam International Travel Mart (VITM) 2022
    Vietnam International Travel Mart (VITM) is Vietnam's leading and distinctive international fair, held annually in April by the Vietnam Society of Travel Agents. As...