Deadline: 18 January 2018
Responsible Business Fund (RBF), a part of the Danish Development Assistance to Myanmar has announced a first call for proposals to “increase the competitiveness and responsible behavior of Myanmar enterprises” by providing partial grants to SMEs for the implementation of innovative projects.
RBF is an instrument to absorb some of the financial risk of being an early-mover to adapt responsible business practices. The emphasis of RBF is therefore on creating as many demonstration projects in the abovementioned areas, with a wide geographic spread all over Myanmar, across all the sectors vital for growth of SMEs and the inclusive benefits they provide such as employment and development of small household producers as sub-suppliers.
Focus Areas
- Energy Efficiency
- Water use Efficiency
- Waste treatment and Recycling
- Occupational Safety & Health (OSH)
- Food Safety
- Managerial & Supervisory Skills
- Practical & Technical Skills
Program Windows
- Window 1(Areas 1, 2, 3)
- Grant support (Up to 65% of the Project cost – up to MMK 80 million for Window 1 Areas 1,2,3)for each selected businesses
- Window 2(Areas 4, 5)
- Grant support (Up to 80% of the Project cost – up to MMK 40 million for Window 2 Areas 4,5 ) for each selected businesses
- Window 3(Areas 6, 7)
- Grant support (Up to 80% of the Project cost – up to MMK 40 million for Window 3 Areas 6, 7 ) for each selected businesses
Eligibility Criteria
Company or Enterprises who apply for Responsible business fund should
- Proposed project falls within one or more of the above mentioned 7 areas.
- Proposed technology/capacity building solutions have not been already implemented by competing businesses in your locality/district.
- Registered in Myanmar and an SME employing either 600 or less permanent staff or has less than 1 billion Kyat in paid-up capital.
- Been 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)
Evaluation Criteria
- Demonstration potential within Myanmar / Region / State / District / Township
- Commercial viability measured in terms of pay-back period
- Service Provider / Equipment Supplier’s track-record
- Non financial / quantifiable benefits to Employees, Local Community and Environment
How to Apply
Concept Notes can be submitted via email at the address given on the website.
Eligible Country: Myanmar
For more information, please visit Responsible Business Fund.