Cowater International Inc.
$20,000,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Canada
- Fiscal year
- 2024-2025
- Agreement period
- November 25, 2024 – October 31, 2029
- Project status
- Implementation
- Reference
- CA-3-D004715001
Published purpose
The Outcome fund for education results project aims to strengthen the education ecosystem and improve education public policy through a public and private sector fund that creates a marketplace for affordable education solutions to be scaled up for the most vulnerable in Colombia. Project activities include: (1) launching educational challenges tackling access, retention and quality in the education sector in Colombia; (2) delivering technical assistance on results-based financing to service providers in the education ecosystem; and (3) disseminating lessons learned, drawn from the project challenges, to governmental and non-governmental actors. Overall, the project creates a programming and funding mechanism to pay for results once results have been achieved and confirmed by a verification agent and incentivizes local implementing organizations to create innovative, affordable and adoptable solutions to address education gaps.
In plain English AI-generated
This project funds an outcome-based education fund in Colombia, supporting challenges, technical assistance, and knowledge sharing to improve education access, retention, and quality for vulnerable populations.
Category: Foreign Aid Development Primarily funds activity outside Canada
Based on the published description. See how AI categorization works — the linked official record is authoritative.
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