Web Analytics

fundsforNGOs

Grants and Resources for Sustainability

You are here: Home / Grants and Resources for Businesses Companies Startups Entrepreneurs and Industry / Invest in Senegal: Economic, Social and Solidarity Development Program

Invest in Senegal: Economic, Social and Solidarity Development Program

Deadline: 20-Dec-2024

The Italian Agency for Development Cooperation has launched the Invest in Senegal: Economic, Social and Solidarity Development Program to contribute to the sustainable and inclusive economic growth of Senegal through the promotion of a business culture with a positive social and/or environmental impact.

This opportunity builds on the positive experience of a previous initiative, the “Project to counter irregular migration through support to the private sector and job creation in Senegal (PASPED)”, funded by the EU Emergency Trust Fund for stability and addressing root causes of irregular migration and displaced persons in Africa (EUTF) and implemented by AICS in codelegation with Deposits and Loans Fund (CDP).

Objective
  • The specific objective (SO) of the Initiative is to support the strengthening of the ecosystem of financial and nonfinancial services for actors in the social and solidarity economy (SSE) by accompanying their productive investments in the sector, including those of the Senegalese diaspora present in Italy and wishing to invest in their country of origin.
Funding Information
  • For the initiative, the maximum amount of AICS funding is EUR 2,000,000 for the selected OSC or consortium of OSCs (ATS).
Duration
  • The initiative will last 36 months.
Geographic Focus
  • The project proposal should focus on the most vulnerable areas of Senegal, such as the south, the south-east and the north where access to financial and non-financial services is often difficult.
Eligibility Criteria
  • The official language of the comparative procedure is Italian.
  • Only CSOs that, on the date of publication of the notice:
    • Are registered in the List of civil society organizations and other non-profit entities;
    • They are not in debt to public administrations for certain, liquid and collectible debts, including debt situations arising from provisions for the revocation of contributions for projects promoted and/or entrusted and/or humanitarian aid;
    • They are not in a state of bankruptcy, are not subject to insolvency or liquidation proceedings, where the assets are administered by a liquidator or a judge, or where there is an agreement with the creditors, or where the activities are suspended, or any other similar situation provided for from the national legal system.

For more information, visit Italian Agency for Development Cooperation.