Call For Proposal 2016 - CFC: Support for Commodity Development Activities
Thursday, September 1, 2016
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Closing Date: October 31, 2016.
The CFC (an intergovernmental
financial institution) provides financing to organizations and enterprises
engaged in commodity value chains in its member countries. Through a range of
financial instruments, the CFC seeks to support business activities in the
field of commodity development, including agriculture, minerals and metals in
Developing Countries. The intervention should, besides giving a sound financial
return, also provide for a measurable social and environmental return.
OBJECTIVES OF CFC'S PROJECT
FINANCING
The CFC supported activities promote the development of the commodity
sector in CFC member countries and contribute to sustainable development in the
following aspects:
1. Social: Create employment (particularly for youth
and women), provide sustained increase in household incomes, reduce poverty,
and enhance food security.
2. Economic: Enhance production and productivity,
achieve higher local value addition; improve competitiveness of producers,
producer organisations and small and medium sized industries, support the
financial sector development.
3. Environmental: Enhance production taking into account the environment and its long term possibilities for the same, or increased use of productive resources while maintaining or reducing the impact on the environment.
3. Environmental: Enhance production taking into account the environment and its long term possibilities for the same, or increased use of productive resources while maintaining or reducing the impact on the environment.
The CFC
supports implementation of activities along the value chain that:
·
are innovative, scalable and replicable,
·
are financially sustainable,
· have a potential measurable positive
socio-economic and environmental impact on the stakeholders in commodity value
chains as compared to the prevailing baseline situation,
·
develop stronger connections with existing
markets or create new markets along the value chain,
· increase financial or other services available
for commodity producers and commodity based businesses,
· enhance knowledge generation and information
dissemination, and - build effective and cost efficient collaboration between
producers, industry, governments, civil society organisations and other
stakeholders for commodity based development.
ELIGIBLE ENTITIES AND COFINANCING
REQUIREMENTS
Eligible to apply under this Call
for Proposals are all legal public and private entities that:
- operate in commodity value chains in CFC member countries or provide financial services to micro, small and medium sized businesses operating in these value chains,
- have a proven relevant track record of sound commercial operations in the proposed activities over a period of at least 3 years, which can be documented by means of (audited) financial statements, and
- share CFC’s values, including internationally recognized principles concerning human rights, labour, the environment and anti-corruption as reflected in the United Nations Global Compact.
The amount of
finance requested from CFC should not exceed 50% of the total amount required
to execute the project. The balancing amount of co-financing is to be provided
by the applicant and/or by other co-financiers. Such co-financing should be
relative to the new funding requirement for the (investment) project. Sunk cost
are not considered a financial contribution. A thorough assessment of the
co-financing available will form part of CFC’s final due diligence
verification.
For More Information, Follow LINK.
Categories:
Call For Proposal,
Request For Proposal
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