Responsible Business Fund’s 5th CFPs to promote Myanmar-based SMEs
Denmark plans to provide an additional MMK 5 billion RBF for 5th Call for Proposals to support and promote responsible business practices of Small and Medium Enterprises (SMEs) in Myanmar.
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The main objective of RBF Myanmar is to “increase the competitiveness and responsible behavior of Myanmar enterprises” by providing partial grants to SMEs for the implementation of projects with a potential to demonstrate ‘Responsible Technologies/Business Practices’
RBF Myanmar is a part of Development Assistance from Denmark to Myanmar. Denmark has been a pioneer in helping several countries in Asia and Africa to leverage local private sector abilities to deliver ‘economic’ and ‘environmental’ development results in a sustainable manner.
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The Eligible Areas are:
Waste to Value;
Occupational Safety & Health;
Waste Water Treatment.
Denmark plans to provide an additional MMK 5 billion RBF.
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Potential to demonstrate the ‘business case’ for a responsible investment/practice in one of six eligible areas
Registered in Myanmar and is an SME with 600 or less permanent staff or has less than 1 billion Kyat in paid-up capital
Operational for a minimum of two years and can show externally audited accounts for the most recent year
Not operating in excluded sectors (hard liquor, gambling, tobacco, weapons, internationally recognized exclusion list)
Not received RBF grant support through the earlier ‘calls for proposals’
Well prepared for the proposed project in terms of: technology identification; supplier shortlisting and raising finances to complete project before April 2022
Proposed Project -‘Responsible Technology/Business Practice’ has not already been implemented by other businesses in your locality/district. If RBF has already approved grant support for a similar project in your locality/district/township, RBF Board will not approve grant support for your project.
For more information, visit https://www.rbfmyanmar.com/