Kenya: Local Enterprise Development Window
Deadline: 5-Nov-21
The Kakuma Kalobeyei Challenge Fund’s (KKCF) Local Enterprise Development (LED) Window is open to local small and medium enterprises owned by refugees and Turkana County residents in Kakuma and Kalobeyei, and broader Turkana County. Women and youth -owned/led enterprises are highly encouraged to apply.
Funding Information
Applicants can apply for a range of grants depending on their need:
Minimum fund award: Ksh 1.5 Million
Maximum fund award: Ksh 5 Million
Funding is in the form of grants, where disbursements are based on mutually agreed milestones that must be achieved and that are performance based.
Eligibility Criteria
The LED window is open to businesses from any sector. To be eligible for funding, businesses must meet the following criteria:
Request a grant within the stipulated range of Ksh 1.5 Million and Ksh 5 Million.
The business or enterprise should be founded and managed by a refugee or resident of Turkana County.
The funded businesses must be established in Kakuma or Kalobeyei area during implementation of the funding.
Established enterprise with a valid single business permit, having operated for no less than six months.
Compliant with the Turkana County Government statutory requirements to maintain a single business permit at the time of award/contracting.
Completes Integrity Due Diligence checks conducted by AECF.
Businesses not listed on the International Finance Corporation (IFC) Exclusion List i.e. businesses supporting terrorism, production/trade of weapons, radioactive materials, tobacco, among others.
Selection Criteria
Each applicant will be evaluated and scored against the following criteria:
Geographic focus on Kakuma, Kalobeyei and the project intends to benefit either host or refugee communities, or both.
Demonstrated market demand of the business’ products and/or services amongst refugee and host community populations, with a clear vision to achieve sustainability.
Capacity of the project to deliver and sustain social impact, particularly on refugees and women, and youth.
Demonstrated capacity of the team to implement the proposed business / project (adequate internal resources/capacity).
Demonstrated understanding of the forced displacement context, gender issues and culture of Kakuma refugee camp and host community.
Adherence to the blended finance principles.
For more information, visit https://kkcfke.org/kkcf-local-enterprise-development-window/