Facility Investing for Employment launches Regional Call for Proposals
Deadline: 22-Dec-22
The Facility Investing for Employment launches a regional Call for Proposals in Côte d’Ivoire, Egypt, Ethiopia, Ghana, Rwanda, Senegal and Tunisia.
Investing for Employment provides co-financing grants for investment projects with a high job creation impact. The Facility aims for an optimal allocation of available funding to projects with the highest plausibility of success and expected return in terms of the number and quality of new jobs created. The selection of projects is based on a competitive application process and gives priority to high-quality proposals that are mature and ready for execution. The Facility will only co-finance those projects that are rated best in terms of operational viability, financial sustainability, and job creation.
The following table provides an overview of the project categories and features:
Not-for-profit Projects with job creation impact (no revenues):
IFE covers up to 90 % of the investment costs.
Not-for-profit Projects with job creation impact (generating revenues):
IFE covers up to 75 % of the investment costs.
For-profit Projects with broader job creation impact:
IFE covers up to 35 % of the investment costs.
For-profit Projects with job creation impact:
IFE covers up to 25 % of the investment costs.
Funding Information
IFE grants range from 1 million to 10 million euros per project.
Eligibility Criteria
Individual applicants (legal entities registered in the country of the proposed project: either Côte d’Ivoire, Egypt, Ethiopia, Ghana, Rwanda, Senegal or Tunisia)
Consortia (two or more legal entities, with at least one entity registered in the country of the proposed project: either Côte d’Ivoire, Egypt, Ethiopia, Ghana, Rwanda, Senegal or Tunisia).
For more information, visit https://invest-for-jobs.com/en/calls-for-proposals-overview/ife-regional-call-for-proposals-november-2022