Deadline- 15 MARCH 2013
The Development Bank of Southern Africa (DBSA), on behalf of the National Treasury, invites proposals to submit innovative proposals that will facilitate job creation and lead to systemic change within the South African economy.
The fund operates on challenge fund principles; funding allocations are transparent, open and competitive. R9 billion has been set aside for the fund. It awards once-off grants to partner organisations through a competitive project application process. Project partners are required to match the grant fund allocation either on a 1:1 ratio for private sector partners or 1:0.2 for non-private sector partners.
Applications for the following two funding windows are invited-
- Enterprise Development– The Enterprise Development funding window aims to lower the cost and risk barriers that inhibit the development of innovative, private sector led enterprise models, partnerships, ideas and projects that could lead to sustainable job creation. This window looks for initiatives that develop innovative commercial approaches to long-term job creation in ways that combine profitability with high social impact. This includes funding “umbrella” initiatives that can act as channels of support for smaller enterprises or benefit smaller enterprises indirectly, such as facilitation of market linkages and supply chain diversification.
- Infrastructure Investment– The infrastructure window will co-finance light infrastructure investment projects that are necessary to unlock job creation potential in a particular area. Initiatives could include providing critical missing infrastructure that creates trading opportunities; improves the business environment for enterprises and catalyses employment linked investment. The key characteristics of competitive projects include: large scale impact; contribution to systemic change; innovation; value for money; a clear link to job creation, and a demonstrable capacity to implement.
Their are two Stages of Application Process-
- Concept Application Stage
- Full Application Stage
Eligibility & Criteria-
The Fund will, on a competitive basis, consider co-financing proposals from the private sector, non-governmental organizations, government departments and municipalities.
How to apply?
- The online application form can be accessed from the Jobs Fund website
- Register on the site to create an application. Applicant will be able to work on and save their application online until the call for proposals closes.
- The Jobs Fund website also provides guidance on how to submit a competitive application.
Countries/Region- South Africa
For more information, visit this link
