Deadline: 26-Apr-21
The Invest for Jobs is calling for proposals by the facility to invest in Employment in Senegal to support the creation of decent employment opportunities in Africa (long-term, full time jobs).
It does so by offering co-financing grants for new investment projects with a high job creation impact. The selection of projects is based on a competitive application process, looking for an optimal allocation of available funding to projects with the highest plausibility of success and expected return in terms of the number and quality of new jobs created.
IFE is part of the Special Initiative on Training and Job Creation of the German Federal Ministry for Economic Cooperation and Development (BMZ). Operating under the brand Invest for Jobs, the Special Initiative aims to create good jobs and apprenticeships and to improve working conditions in its partner countries in Africa.
Funding Information
The Facility IFE provides grants between €1 million and €10 million to co-finance four types of projects:
- Public Infrastructure for job creation – not-for-profit (up to 90% of the cost)
- Common service for job creation – not-for-profit (up to 75% of the cost)
- For-profit-projects that foster direct job creation which have benefits/impacts more broadly than solely for the project owners (up to 50% of the cost)
- For-profit-projects that foster direct job creation by the project owners (up to 25% of the cost)
Eligibility Criteria
- Individual applicants (legal entities registered in Senegal)
- Consortia (two or more legal entities, with at least one registered in Senegal)
For more information, visit https://invest-for-jobs.com/en/ife-call-for-proposals-senegal