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Kakuma Kalobeyei Challenge Fund (Private Sector Window) now open for Businesses in Kenya

Kakuma Kalobeyei Challenge Fund (Private Sector Window) now open for Businesses in Kenya

Deadline: 22-Dec-20

Kakuma Kalobeyei Challenge Fund (KKCF) is now inviting grant applications from established companies for enterprise projects that directly benefit both the refugees and host communities in Kakuma and Kalobeyei areas.

Applicants must have experience delivering sustainable solutions that benefit the lives of low-income communities in hard to reach areas across Africa.

All proposed projects should be commercially viable and sustainable and have the potential to raise incomes, provide goods and services, create jobs, and improve living standards for families living in these areas – both refugee and host communities.

Priority Areas

The KKCF Private Sector Window is open to businesses in any sector, with the following priority sectors:

Renewable Energy;
Financial Services.
Funding Information

Private sector companies can apply for a range of grants depending on the need with a minimum grant request of US $250,000 and a maximum of US $750,000.
A minimum of US $100,000 will be considered for women- and/or youth-led businesses. Payments will be performance based, where disbursements are based on mutually agreed milestones that must be achieved. Technical support will be available for successful applicants to maximize their project’s sustainability and development impact.
Eligibility Criteria

Grants are available to small and medium-sized companies that are commercially active or have a strategic plan to enter the Kakuma and Kalobeyei area. Applicants must meet eligibility criteria including:

Request a grant within the stipulated range.
Legally registered as a for-profit company (e.g. corporation, LLC, etc.) or a branch/subsidiary of an international for-profit company, and physically established in Kenya at the time of awarding of investment by AECF.
Have been in operation for a minimum of two years, with the ability to produce two years of audited accounts [parent company, if recently established as a branch/subsidiary in Kenya].
For more information, visit https://kkcfke.org/private-sector-window/

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