The World Bank Implementation Status & Results Report Kenya Industry and Entrepreneurship (P161317) Kenya Industry and Entrepreneurship (P161317) AFRICA EAST | Kenya | Finance, Competitiveness and Innovation Global Practice | IBRD/IDA | Investment Project Financing | FY 2018 | Seq No: 6 | ARCHIVED on 19-Jun-2021 | ISR46900 | Implementing Agencies: Ministry of Industry, Trade and Cooperatives, Ministry of Industry, Trade and Cooperatives, National Treasury Key Dates Key Project Dates Bank Approval Date: 15-Jun-2018 Effectiveness Date: 28-Nov-2018 Planned Mid Term Review Date: -- Actual Mid-Term Review Date: Original Closing Date: 31-Dec-2024 Revised Closing Date: 31-Dec-2024 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) Increase innovation and productivity in select private sector firms Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Strengthening the innovation and entrepreneurship ecosystem:(Cost $26.25 M) SME linkages and upgrading:(Cost $20.75 M) Outreach, M&E, and Project Implementation Support:(Cost $3.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions To date, KIEP has launched two activities; the SME Upgrading, otherwise known as KIEP250+ program, and the International Acceleration Process, otherwise known as Startup Savannah. The launch event for KIEP250+ was held physically and virtually and was attended by SMEs and key public and private stakeholders. Following the launch, 44 SMEs were shortlisted for the first cohort and the consultancy leading the program is currently engaging them in a diagnostic process that will form of the basis of their performance improvement plans. The call for second cohort is expected to be launched in July 2021. The launch of Startup Savannah was attended by more than 300 participants, and around 60 entrepreneurs applied to take part of the program post launch. Most of the remaining activities have already begun roll out preparation and are expected to begin implementation by end of 2021. Given the nascent stages of the activities under implementation, the results indicators for the Project remain zero. As additional activities are launched and implementation progresses during the FY and next FY, the Project is expected to start making progress towards achieving results. 6/19/2021 Page 1 of 5 The World Bank Implementation Status & Results Report Kenya Industry and Entrepreneurship (P161317) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate Macroeconomic Low High Substantial Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Substantial Substantial Substantial Institutional Capacity for Implementation and Substantial Substantial Substantial Sustainability Fiduciary Substantial Substantial Moderate Environment and Social Low Low Low Stakeholders Moderate Moderate Moderate Other -- -- -- Overall Substantial Substantial Substantial Results PDO Indicators by Objectives / Outcomes Increase innovation and productivity in select private sector firms IN00998526 ►Number of select firms with a developed innovation (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 127.00 Date 20-Nov-2017 07-Dec-2020 21-May-2021 31-Dec-2024 IN00998527 ►Number of select firms experiencing an increase in productivity (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 50.00 Date 20-Nov-2017 07-Dec-2020 21-May-2021 31-Dec-2024 IN00998528 ►Firms benefiting from private sector initiatives (Number, Corporate) 6/19/2021 Page 2 of 5 The World Bank Implementation Status & Results Report Kenya Industry and Entrepreneurship (P161317) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2,755.00 Date 20-Nov-2017 07-Dec-2020 21-May-2021 31-Dec-2024 IN00998529 Of which are women-owned (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 262.00 Date 20-Nov-2017 07-Dec-2020 21-May-2021 31-Dec-2024 Overall Comments PDO There have been no changes to the results since the last ISR due to the nascent stage of the various activities that have been launched. Intermediate Results Indicators by Components Component 1: Strengthening the innovation and entrepreneurship ecosystem IN00998530 ►Beneficiary satisfaction with incubator and accelerator services (citizen engagement indicator) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 70.00 Date 20-Nov-2017 07-Dec-2020 21-May-2021 31-Dec-2024 IN00998533 ►Percentage of technology bootcamp graduates that are women (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 35.00 Date 20-Nov-2017 07-Dec-2020 21-May-2021 31-Dec-2024 Component 2: SME linkages and upgrading IN00998532 ►Number of beneficiary SMEs with above average revenue growth (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 25.00 Date 20-Nov-2017 07-Dec-2020 21-May-2021 31-Dec-2024 6/19/2021 Page 3 of 5 The World Bank Implementation Status & Results Report Kenya Industry and Entrepreneurship (P161317) Component 1, Component 2, and Component 3 IN00998531 ►Number of individuals trained (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2,891.00 Date 20-Nov-2017 07-Dec-2020 21-May-2021 31-Dec-2024 IN00998534 Of which female (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 517.00 Date 20-Nov-2017 07-Dec-2020 21-May-2021 31-Dec-2024 Overall Comments IR There have been no changes to the results since the last ISR given the delayed procurement for two activities under Component 1 and due to the nascent stages of the initiatives launched. Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P161317 IDA-62680 Effective USD 50.00 50.00 0.00 2.81 47.70 5.6% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P161317 IDA-62680 Effective 15-Jun-2018 03-Aug-2018 28-Nov-2018 31-Dec-2024 31-Dec-2024 Cumulative Disbursements 6/19/2021 Page 4 of 5 The World Bank Implementation Status & Results Report Kenya Industry and Entrepreneurship (P161317) PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 6/19/2021 Page 5 of 5