Supporting Internationalization of Small and Medium-Sized Enterprises:Linking India and the GMS (ADB-53112-001)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Cambodia
  • India
  • Thailand
  • Vietnam
Where the impacts of the investment may be experienced.
Specific Location
Region-wide
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 30, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Mar 6, 2020

Disclosed by Bank Oct 30, 2019


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Project Description

According to the bank document, the knowledge and support technical assistance (TA) will operationalize initiatives that catalyze trade and cross border investment (internationalization) by small and medium-sized enterprises (SMEs) between India and countries in the Greater Mekong Subregion (GMS), contributing to enhanced regional integration and higher and more inclusive growth in both the GMS and South Asian regions. It will focus on Cambodia, Thailand, and Viet Nam among countries in the GMS. The TA builds on recommendations of analytical studies that looked at the potential and challenges of connecting SMEs across Cambodia, India, and Thailand.

The TA will seek to do this by:

(i) establishing and/or partnering with business accelerators in India and Thailand (to cover GMS) to identify SMEs with the potential to internationalize; and providing the identified SMEs with a composite package including information on opportunities, industry expertise, mentoring, and guidance on market entry issues to assist their internationalization;

(ii) supporting linkages between business associations and/or organizations promoting SME internationalization; and

(iii) supporting linkages between business accelerators and financial intermediaries.

The project aims to increase the movement of internationalized SMEs between India and the GMS. 

Investment Description
  • Asian Development Bank (ADB)

*There is no further information being disclosed at this stage of the project*

Contact Information

Responsible ADB Officer Ashish Narain

Responsible ADB Department SDTC 

Responsible ADB Division SDTC-RCI

Executing Agencies

Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

*There is no further information being disclosed at this stage of the project*

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main