European Commission: Promoting Sustainable Growth across Bangladesh!

Deadline: 29 March 2016

European Commission is seeking applications from organisations for its project entitled “Poverty Reduction through Inclusive and Sustainable Markets” (PRISM) with a motive to reduce poverty across Bangladesh by promoting sustainable pro-poor growth.

The project has been designed with the objective of strengthening the skills and employability of workers in cottage and small enterprises in order to enhance their competitiveness.

Challenges

The project PRISM has been designed to respond to following challenges:

  • Limited levels of vocational training possibilities for workers and entrepreneurs
  • Lack of employment opportunities in rural areas
  • Lack of diversification among industries and businesses operating at the local level
  • Inability to maintain product quality and to market products
  • Lack of suitable access to finance

Priority Areas

  • Skills and vocational training, female empowerment, the scope for replication and/or scaling up, the creation of sustainable employment, and poverty reduction.
  • Rural areas with higher concentration of poor people (aiming for the delivery of tangible economic development benefits within the target communities). It is not limited to any specific administrative area

Grant Information

Any grant requested under this call for proposal must fall between EUR 3,500,000 to EUR 4,978,000.

Location

The action must take place in Bangladesh.

Duration

The initial planned duration of an action may not be lower than 24 months nor exceed 36 months.

Eligibility Criteria

  • In order to be eligible for a grant, the lead applicant must:
    • be a legal person, and;
    • be non-profit-making, and
    • be any of these types of organisations: non-governmental organisation, public sector operator, or international (inter-governmental) organisation , and
    • be established in a Member State of the European Union or be eligible according to regulation of the European Parliament, and
    • be directly responsible for the preparation and management of the action with the co-applicant(s) and affiliated entity(ies), not acting as an intermediary
  • The lead applicant must act with co-applicant(s) as specified hereafter. Co-applicants participate in designing and implementing the action, and the costs they incur are eligible in the same way as those incurred by the lead applicant.
  • The lead applicant and its co-applicant(s) may act with affiliated entity(ies) that include:
    • Entities directly or indirectly controlled by an applicant (daughter companies or first-tier subsidiaries). They may also be entities controlled by an entity controlled by an applicant (granddaughter companies or second-tier subsidiaries) and the same applies to further tiers of control;
    • Entities directly or indirectly controlling the applicant (parent companies). Likewise, they may be entities controlling an entity controlling the applicant;
    • Entities under the same direct or indirect control as the applicant (sister companies).

How to Apply

  • The application procedure consists of two phases:
    • concept notes
    • full application
  • In the first instance, only concept notes must be submitted for evaluation. Thereafter, lead applicants who have been pre-selected will be invited to submit a full application.

For more information, please visit Europeaid and download the guidelines.