Deadline: 17-Jul-23
The Jobs Fund is calling on experienced Private and Public Sector organisations, and NPO intermediaries to submit applications for its 11th funding round.
In South Africa there is a significant imbalance in the supply of skills required for the future, while at the same time suppressed investment constrains demand for new jobs.
To contribute to addressing these challenges, the Jobs Fund would like to partner with future focused organisations that share its intent to find innovative solutions to South Africa’s employment challenges.
The Jobs Fund will target funding toward initiatives that focus on interventions that present innovative solutions for:
- Stimulating demand for new jobs including enterprise/infrastructure development. The outcome of these interventions must result in growth and sustainability for the supported enterprises and where enabling infrastructure has been provided it should support ongoing job creation.
- Skilling/Upskilling, matching beneficiaries to jobs and facilitating new pathways to jobs. The outcome of these interventions must result in a new job being created and/or placement into a job.
- Competitive projects focused on women and youth will be prioritised.
Funding Information
- The Jobs Fund will only consider applications for a minimum Grant amount of R5 million.
- Applicants to also note that, within 2 years, the initiative must be fully implemented, the grant fully disbursed and the target number of jobs and other project-specific outcomes achieved. Post the two-year implementation phase, project performance will be monitored for a period of 1 year.
Criteria
- Applicants must demonstrate that they are able to raise cash matched funding, at a minimum of 1:1 for private and public sector organisations and 1:0.5 for NPOs, in the following ways:
- Self-funded matched funding – a formal undertaking to contribute matched funding and the ability to raise such funding by the applicant;
- Matched funding from third parties – formal written proof that matched funding will be made available.
- Private, public and NPO sectors are invited to submit applications and collaboration is encouraged.
- Applications are firstly assessed against the eligibility criteria as outlined in the Term Sheet. If these are not met, your application will not be considered.
- After the eligibility assessment the application will be competitively assessed against impact criteria which include, amongst others, ability to scale and contribution to systemic change.
- Thereafter, a decision is taken as to which proposals should be allocated grant funding. The Fund’s independent Investment Committee makes the final decision on the allocation of grant funding. Applicants are then notified of the outcome of the assessment process.
For more information, visit Jobs Fund.