Invest for Jobs has invited proposals from eligible applicants with the priority theme of this call for proposals being Green Economy. While project proposals from different sectors can qualify for funding, priority will be given to proposals that contribute to the economic development in areas such as green cities, sustainable agriculture, sustainable energy and transport systems, biodiversity and forestry, water, wastewater, solid waste, resource efficiency.
The purpose of the Facility « Investing for Employment » (IFE) is to support the creation of 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.
The Special Initiative aims to create good jobs and apprenticeships and to improve working conditions in its partner countries in Africa.
Windows of the Call
This Call has two windows:
- Window 1: Job Creation in Green Economy projects
- Under this sectors such as the following are covered (non-exhaustive list): Green cities, Sustainable agriculture, Sustainable energy and transport systems, Biodiversity and forestry, water, wastewater, solid waste, resource-efficient economy.
- Window 2: Other Job Creation projects
- This comprises projects which will create either direct or indirect jobs in sectors other than the Green Economy. Green Economy projects will be prioritised in the shortlisting. They must convincingly demonstrate their positive impact on the environment and/or the climate.
Note: One applicant can submit several proposals under both windows.
The Special Initiative aims to remove obstacles to investment in African partner countries, facilitate investment and thereby contribute to:
- creating decent jobs, improving income and working conditions;
- creating possibilities for training and further education; and
- increasing private investment.
The Special Initiative hereby pursues three principle strategies:
- Foster the attractiveness of business locations and industries
- Support sustainable investments by eliminating investment constraints and trade barriers
- Promote the SME sector and stimulate international business cooperation.
What Do They Fund?
IFE provides grants between €1 million and €10 million per project 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)
Who is Eligible?
- Individual applicants (legal entities registered in Rwanda)
- Consortia (two or more legal entities, with at least one registered in Rwanda)
For more information, visit https://invest-for-jobs.com/en/ife-call-for-proposals-rwanda#top