The KOICA-GGGI Climate Smart Agriculture (CSA) Project has opened the call for project concept notes from interested micro and small agri-enterprises for its Terai Agribusiness and Enterprise Challenge Fund (TAECF).
The project aims to support widespread adoption of climate-smart agriculture (CSA) interventions to reduce vulnerability and improve food and job security, especially for women, youth and returned migrant workers. The project is funded by Korea International Cooperation Agency (KOICA) and is implemented by GGGI in partnership with Good Neighbors International (GNI) Nepal.
The TAECS is a major component of the KOICA-GGGI CSA project. The objective of the TAECF is to support micro and small enterprises to expand and broaden their products and services, and delivery channels, particularly in the agriculture value chains. Such micro and small enterprises related to agriculture include but are not limited to agri-input suppliers, commercial farmers, collectors, processors, millers, and wholesalers/retailers (or traders).
- Climate Resilient and Green Growth
- Climate-Smart Agriculture
- The TAECF plans to disburse USD 1.56 million in grants over a 3-year period —USD 720,000 in 2023, USD 510,000 in 2024, and USD 328,000 in 2025. The Fund aims to attract women, youth, and returned migrant workers who are engaged or willing to engage in agriculture-related micro and small enterprises in the project districts.
- The applicants interested to receive the grant and technical assistance from the TAECF must comply with the following eligibility criteria:
- Be a for-profit-oriented legal entity with a business presence (willing to work) in the project districts, Dhanusa and Mahottari.
- The Challenge Fund will be open to all eligible entities. However, priority will be given to
- those that are registered in Dhanusa and Mahottari districts,
- businesses headed by women, youth, and returned migrant workers (returned after 2020), and
- the entities which are registered in other districts but also affiliated and have a presence in project districts.
- The entity must be involved in agriculture/ agroforestry value chain business related to vegetables, rice, wheat, maize, spices, dairy, Information Communication Technology (ICT), insurance or may be associated with different segments of the value chain (inputs, production, or output level) such as focusing on inputs, processing or marketing to aforesaid sectors. Along with this, the entity must be involved or planning to be involved in expanding businesses by focusing on climate-smart interventions and green jobs.
- A minimum of two years of operations for the small business category, while experience is not required for micro businesses. New innovative ideas for agriculture value chain businesses (both micro and small) are also welcome.
- Applicants must be able to create job opportunities (part/full-time employment) for the applied project period.
- Note: In case of a joint venture between 2 or more entities, at least one of the parties must comply with the above requirements.
- Definition of Micro and Small Enterprises
- Micro Enterprises
- Number of Employees: 1-9
- Fixed Capital: <USD 18,000 <USD 1.2 million
- Small Enterprises
- Number of Employees: 10-49
- Fixed Capital: <USD 1.2 million
- Micro Enterprises
For more information, visit Global Green Growth Institute (GGGI).