The World Bank Implementation Status & Results Report Kenya Industry and Entrepreneurship (P161317) Kenya Industry and Entrepreneurship (P161317) AFRICA | Kenya | Finance, Competitiveness and Innovation Global Practice | IBRD/IDA | Investment Project Financing | FY 2018 | Seq No: 3 | ARCHIVED on 20-Nov-2019 | ISR39359 | 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 Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Moderately Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions The project became effective on November 28, 2018 and was officially launched on June 4, 2019. The PIU is currently in the last stage of the procurement process, which is expected to be completed by the end of the calendar year. Five out of seven RFPs have been evaluated and TERs are being finalized. Five out of seven contracts are expected to be signed by the end of the year. 11/20/2019 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 Low Low Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Substantial Substantial Substantial Institutional Capacity for Implementation and Sustainability Substantial Substantial Substantial Fiduciary Substantial Substantial Substantial 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 IN00767956 ►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 31-Oct-2018 29-Nov-2019 31-Dec-2024 IN00767957 ►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 31-Oct-2018 29-Nov-2019 31-Dec-2024 IN00767958 ►Firms benefiting from private sector initiatives (Number, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2,755.00 Date 20-Nov-2017 31-Oct-2018 29-Nov-2019 31-Dec-2024 11/20/2019 Page 2 of 5 The World Bank Implementation Status & Results Report Kenya Industry and Entrepreneurship (P161317) IN00767959 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 31-Oct-2018 29-Nov-2019 31-Dec-2024 Intermediate Results Indicators by Components Component 1: Strengthening the innovation and entrepreneurship ecosystem IN00767960 ►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 31-Oct-2018 31-Oct-2018 31-Dec-2024 IN00767963 ►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 31-Oct-2018 31-Oct-2018 31-Dec-2024 Component 2: SME linkages and upgrading IN00767962 ►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 31-Oct-2018 31-Oct-2018 31-Dec-2024 Component 1, Component 2, and Component 3 IN00767961 ►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 31-Oct-2018 31-Oct-2018 31-Dec-2024 IN00767964 Of which female (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target 11/20/2019 Page 3 of 5 The World Bank Implementation Status & Results Report Kenya Industry and Entrepreneurship (P161317) Value 0.00 0.00 0.00 517.00 Date 20-Nov-2017 31-Oct-2018 31-Oct-2018 31-Dec-2024 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 1.59 45.52 3.4% 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 11/20/2019 Page 4 of 5 The World Bank Implementation Status & Results Report Kenya Industry and Entrepreneurship (P161317) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 11/20/2019 Page 5 of 5